Buy Reunert for telecoms bonanza
Thursday, 27 December 2001
Investors looking for a less risky exposure to the telecoms sector than a direct route such as M-Cell should consider industrial electronics group Reunert as a possible investment.
Reunert acquires balance of Nashua Mobile
Thursday, 13 December 2001
Reunert today announced that it has acquired from Metropolitan Life the remaining 4,7% of Nashua Mobile it did not already own. The acquisition, for a purchase price of R28 million, is effective from 1 December 2001.
Harmony returns to the index, after a fashion
Wednesday, 5 December 2001
Reunert included in indi 25
Reunert increases its stake in Siemens SA
Tuesday, 27 November 2001
Reunert today announced it has increased its share in Siemens Telecommunications (Sietel) from 27.5% to 49%. Reunert will purchase the 21.5% Marconi shareholding for a cash consideration of R279.5 million.
Reunert Limited - Acquisition by Reunert of Marconi
Tuesday, 27 November 2001
Acquisition by Reunert of Marconi Communications Africa (Proprietary) Limited´s ("Marconi´s") shareholding in Siemens Telecommunications (Proprietary) Limited ("Sietel") ("The acquisition")
RLO stock of choice for telecoms exposure
Friday, 23 November 2001
REUNERT rose a percent to R18.90. The share (´our stock of choice for telecoms exposure´) is on Simon Fillmore´s (Hampton Securities) watch list this week.
Reunert increases share in Nashua Mobile
Thursday, 22 November 2001
Reunert has increased its stake in cellular service provider Nashua Mobile by acquiring Nedcor´s 37,3% shareholding at a purchase price of R224,6 million. This brings Reunert´s share to 95,3%
Reunert se omset groei sterk
Tuesday, 20 November 2001
Reunert het in die boekjaar tot einde September sterk groei in sy omset behaal terwyl beter winsgrense en kostebeheer daartoe gelei het dat sy bedryfswins met 38% tot R381,5 miljoen verstewig het
ANOTHER VINTAGE YEAR FOR REUNERT
Monday, 19 November 2001
Reunert Limited produced another set of excellent results for the year ended 30 September 2001. Turnover up 27%, a 38 % increase in operating profit and headline earnings per share up 25% to 176 cents per share.