Spur's profitability grows wings
Spur (JO:SURJ) closed 3.15% higher on a day when the markets burned brightly red, demonstrating the power of pink sauce and reasonably priced steaks. To be honest, I think my endless orders...
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Spar: out of dips for now?
Spar has released a trading update for the 18 weeks to 28 January 2022. As the local grocery counters go, this is one of the more interesting plays this year. Shareholders have had a...
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Spur is nearly back to pre-pandemic levels
Spur (JO:SURJ) has released a sales update and trading statement for the six months to December 2021. This period includes the civil unrest, which obviously impacted operations, along with a...
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China Needs Structural Reform for Economy, Ex-IMF Official Says
(Bloomberg) -- China faces huge structural problems in its economy as the government fell back to its old playbook of investment-driven growth last year, said Zhu Min, a former deputy...
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BRIEF-Spur Corporation Posts HY Diluted HEPS Down 74.5%
March 2 (Reuters) - Spur Corporation Ltd SURJ.J :* JSE: SUR - UNAUDITED GROUP INTERIM RESULTS, DEFERRAL OF CASH DIVIDEND, APPOINTMENT OF COMPANY SECRETARY* HY HEADLINE EARNINGS PER SHARE...
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S.Africa's Spur warns of up to 77% slump in H1 profit on COVID-19 hit
JOHANNESBURG, Feb 24 (Reuters) - South African franchise restaurant chain Spur Corporation SURJ.J said on Wednesday it expects first-half profit to slump as much as 77%, following COVID-19...
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BRIEF-Spur Corporation Sees HY HEPS 28,9 Cents - 35,2 Cents
Feb 24 (Reuters) - Spur Corporation Ltd SURJ.J : * Half year sales fell 29.4 percent to 2.9 billion zar * Spur corporation - restrictions, weaker consumer disposable income, were main...
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The World’s Biggest Volatility ETF Grows 40% in Just Four Days
(Bloomberg) -- The biggest exchange-traded fund that profits from U.S. stock volatility has added more than $600 million of new money in less than a week. The ProShares Ultra VIX Short-Term...
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UPDATE 1-South African rand climbs, stocks post worst week in 3 months
(Adds latest prices, analyst quotes)JOHANNESBURG, Jan 29 (Reuters) - South Africa's rand stormed to a one week best on Friday, shaking off a bout of negative sentiment that hobbled other...
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S.Africa's Spur sales slump on COVID-19 lockdown restrictions
JOHANNESBURG, Jan 29 (Reuters) - South Africa's Spur Corporation SURJ.J said on Friday half-year total franchised restaurant sales dropped 29.5% due to COVID-19 trading restrictions and...
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BRIEF-Spur Corp Says Total Interest In Co Held By Coronation Has Increased To 25.14%
Dec 2 (Reuters) - Spur Corporation Ltd SURJ.J :* CORONATION ASSET MANAGERS PROPRIETARY ON 2 DECEMBER ACQUIRED A BENEFICIAL INTEREST IN SPUR CORPORATION SECURITIES* TOTAL INTEREST IN...
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BRIEF-Spur Corp FY Diluted HEPS 52.1% Lower
Nov 20 (Reuters) - Spur Corporation Ltd SURJ.J :* FY DILUTED HEADLINE EARNINGS PER SHARE 52.1% LOWER* FY GROUP REVENUE DECLINED BY 19.4% TO R761.6 MILLION* FY TOTAL FRANCHISED RESTAURANT...
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South African Markets - Factors to watch on Nov. 20
The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Friday. ECONOMIC EVENTS - Moody's...
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BRIEF-Spur Corp Sees FY Diluted HEPS Of 77.94 Cents To 86.61 Cents
Nov 9 (Reuters) - Spur Corporation Ltd SURJ.J :* SPUR CORPORATION LTD - SEES FY DILUTED HEPS 77.94 - 86.61 CENTS* SPUR CORPORATION LTD - FULL PROVISION FOR EXPECTED CREDIT LOSSES OF R10.812...
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BRIEF-Spur Corporation Says Recovery In Restaurant Turnover Post Lockdown Has Exceeded Expectations
Oct 8 (Reuters) - Spur Corporation Ltd SURJ.J :* SPUR CORPORATION LTD - SOUTH AFRICAN RESTAURANTS TRADED AT 73.8% OF PRIOR YEAR'S TURNOVER FOR MONTH OF SEPTEMBER* SPUR CORPORATION LTD -...
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BRIEF-Spur Corporation Appoints New CEO, CFO
Oct 1 (Reuters) - Spur Corporation Ltd SURJ.J :* SPUR CORPORATION LTD - APPOINTMENT OF VAL NICHAS AS AN EXECUTIVE DIRECTOR AND GROUP CHIEF EXECUTIVE OFFICER* SPUR CORPORATION LTD - VAL (58)...
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South African franchise restaurant chain Spur to further defer interim dividend payment
JOHANNESBURG, Sept 3 (Reuters) - South African franchise restaurant chain Spur Corporation SURJ.J said on Thursday it will further defer payment of its 2020 interim dividend in order to...
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BRIEF-Spur Corp Defers Interim Dividend, Says Trading Improved Since May
Sept 3 (Reuters) - Spur Corporation Ltd SURJ.J :* SPUR CORPORATION LTD - FURTHER DEFERMENT OF INTERIM 2020 DIVIDEND* SPUR CORPORATION LTD - , TRADING HAS STEADILY IMPROVED SINCE BEGINNING OF...
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South African Markets - Factors to watch on Sept.1
The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Tuesday. ECONOMIC EVENTS August...
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BRIEF-Spur Corporation Says Mark Farrelly, Chief Operating Officer And An Executive Director, Has Resigned From Group
Aug 31 (Reuters) - Spur Corporation Ltd SURJ.J :* SPUR CORPORATION - MARK FARRELLY, CHIEF OPERATING OFFICER AND AN EXECUTIVE DIRECTOR, HAS RESIGNED FROM GROUP
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UPDATE 1-SA's Spur forecasts 40% fall in annual profit, hit by lockdowns
(Adds details on outlook, company comment, background)July 23 (Reuters) - South African franchise restaurant chain Spur Corporation SURJ.J said on Thursday it expected full-year earnings to...
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SA's Spur sees 40% drop in full-year profit, hit by lockdowns
July 23 (Reuters) - South African franchise restaurant chain Spur Corporation SURJ.J on Thursday said it expected full-year earnings to fall by at least 40% because all of its operations in...
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BRIEF-Spur Corporation Says FY Total Franchised Restaurant Sales Declined By 21.7% To R6.0 Bln
July 23 (Reuters) - Spur Corporation Ltd SURJ.J :* FY SALES FROM FRANCHISED RESTAURANTS IN SOUTH AFRICA DECREASED BY 22.3% (ADDS '%' SYMBOL)* SPUR CORPORATION LTD - SPUR CORPORATION'S TOTAL...
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BRIEF-Spur Corporation Announces Retirement Of CEO
July 20 (Reuters) - Spur Corporation Ltd SURJ.J :* JSE: SUR - RETIREMENT OF CHIEF EXECUTIVE OFFICER* SPUR CORPORATION LTD - PIERRE VAN TONDER IS TO RETIRE FROM GROUP AT END OF DECEMBER 2020...
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UPDATE 1-South Africa's Spur CEO Van Tonder to retire in Dec
* CEO Pierre van Tonder to retire at end of Dec* Van Tonder has been CEO for 24-years* Company will consider internal & external candidates for new CEO (Adds details)JOHANNESBURG, July 20...
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South Africa's Spur CEO Van Tonder to resign in Dec
JOHANNESBURG, July 20 (Reuters) - Spur Corporation's SURJ.J Chief Executive Officer Pierre van Tonder will retire from the group at the end of December after spending 38 years at the South...
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BRIEF-Spur Corp Says Foord Asset Management's Clients Hold 15.42% Of Co's Shares
July 2 (Reuters) - Spur Corporation Ltd SURJ.J :* TOTAL INTEREST IN SECURITIES OF CO HELD BY CLIENTS OF FOORD ASSET MANAGEMENT PROPRIETARY INCREASED TO 15.42%
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South Africa's Spur talking to financial institutions as precautionary measure
JOHANNESBURG, May 13 (Reuters) - South African franchise restaurant chain Spur Corporation SURJ.J said on Wednesday, as a precautionary measure it is talking to financial institutions to...
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BRIEF-Spur Corp Says Will Be Implementing 20% Salary Reduction For All Employees From June 1
May 13 (Reuters) - Spur Corporation Ltd SURJ.J :* JSE: SUR - IMPACT OF COVID 19 ON BUSINESS OPERATIONS AND TRADING UPDATE* SPUR CORPORATION LTD - BY 10 MAY, 155 OF 559 RESTAURANTS ACROSS...
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Oil Producer Gets Payday in Alberta, Even With Wells Shut Down
(Bloomberg) -- DeltaStream Energy Corp., a small private-equity backed oil producer in central Alberta, is shutting down all its wells by next month amid the biggest oil rout in history. But...
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BRIEF-Spur Corporation Is Not Expecting To Earn Any Material Income For Duration Of Lockdown Period
March 30 (Reuters) - Spur Corporation Ltd SURJ.J :* DEFERMENT OF INTERIM CASH DIVIDEND PAYMENT FOR THE SIX MONTHS ENDED 31 DECEMBER 2019* ALL GROUP'S RESTAURANTS OPERATING IN SOUTH AFRICA...
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