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EOH has released updated pro forma financial effects related to the disposal of the Information Services Group.

EOH rallied over 3% yesterday as the market continued to push the price higher off the back of momentum in selling assets and reducing debt, along with improved profitability in the underlying operations

The good news is that MTN has released a SENS announcement clarifying the situation in Nigeria. The bad news is that the media reports on the issue came out a day prior, so there was a full trading session of carnage in the share price before MTN steadied the ship.

EOH climbed 9.4% to R5.80 per share after a trading statement for the six months to January 2022 was released, along with an update on the disposal of Sybrin.

Altron is in a "value unlock" phase of its life. The best indicator of this is when a company has a "2.0" strategy.

Blue Label has concluded a non-binding term sheet that they colourfully refer to as an Umbrella Restructure Term Sheet.

EOH has announced the disposal of four businesses to a single purchaser. This is part of EOH's strategy to dispose of certain IP companies in an attempt to fix the group's balance sheet.

The Y'ello Summer campaign was run several years ago, before MTN had to say Y'ello Regulators instead and deal with all kinds of issues in countries like Nigeria.