VUNANI LTD

Our opinion on the current state of VUNANI(VUN)

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Vunani (VUN) is a black-owned financial services group with interests in asset management, investment, banking, property, and stockbroking. It also has an interest in coal mining, which has been performing well with the rise in coal prices.

In its results for the year to 29th February 2024, the company reported revenue up 2% and headline earnings per share (HEPS) of 7,4c compared with 30,1c in the previous year. From a private investor's perspective, the biggest problem with this share in the past was that it was too thinly traded to be a practical investment. In recent weeks, however, the value traded on average each day has risen to R128 000, making it more viable.

There remain many days when there are no trades at all, so it remains quite risky.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.