The Hulamin CEO has acted with speed to turn the business around, but Nampak faces expensive distractions
If investors were asked to pick two industrial shares with the most brittle prospects, more than a few punters would probably cite aluminium specialist Hulamin and packaging group Nampak.
Both are former industrial giants. Hulamin is major supplier to Nampak, so it could be argued that their fortunes are somewhat linked. Interesting, then, that both groups have been relentless in their value destruction for long-term shareholders. Both now hold market values that would be positioned on the outer limits of the small-cap universe on the JSE — an inconceivable fall from grace in 15 years...
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Alpheus Mangale joins Seacom as group CEOThe cable operator announces Alpheus Mangale as its new group chief executive officer, effective 1 April.
Read more »
Seacom appoints Alpheus Mangale as new CEOOliver Fortuin resigned as CEO earlier in March
Read more »
Seacom appoints CEOThe Seacom board has appointed Alpheus Mangale as CEO.
Read more »
Alpheus Mangale is new Seacom CEO - TechCentralSeacom has appointed Alpheus Mangale, a former head of IT at Standard Bank, as its new CEO, replacing Oliver Fortuin in the role.
Read more »
Seacom appoints new CEOSeacom has appointed a new CEO
Read more »
WATCH: Behind Workforce’s profit bumpBusiness Day TV speaks to Workforce CEO Ronny Katz
Read more »