CHART: Viceroy's targets no surefire downward bet | Fin24
 
  • Deloitte

    The accounting firm has denied allegations of corruption related to Eskom contracts.

  • SAA Uncertainty

    What you need to know if you have a ticket or intend to buy one.

  • Michael Jordaan

    Forget Matric results - here's how to prepare your kids for jobs that don't yet exist.

Loading...

CHART: Viceroy's targets no surefire downward bet

Feb 07 2018 15:41
Renee Bonorchis, Bloomberg

Johannesburg - It’s been a case of you win some, you lose some for New York-based short seller Viceroy Research.

Of the seven companies it has targeted, two have seen their share prices rise, three have declined, one was suspended, and another was bought seven weeks after the outfit called it a lemon.

Viceroy’s assertions after Steinhoff International [JSE:SNH] admitted to accounting irregularities must be tested, while Capitec Bank [JSE:CPI] has come out fighting, with the South African lender saying the three-man team got many facts wrong.

MIXED BAG

* Sign up to Fin24's top news in your inbox: SUBSCRIBE TO FIN24 NEWSLETTER

steinhoff  |  viceroy  |  capitec  |  economy
NEXT ON FIN24X

 
 
 
 

Company Snapshot

Voting Booth

How concerned are you about ransomware attacks?

Previous results · Suggest a vote

Loading...