WBHO (Wilson Bayly Holmes-Ovcon Limited) has emerged as South Africa's leading construction company, a notable achievement given the challenges faced by industry counterparts such as Aveng and Murray & Roberts. With a market capitalisation surpassing R5 billion, WBHO has successfully diversified its operations beyond South African borders into other parts of...
WBHO (WBO) is now South Africa's largest construction company - after the relative demise of Aveng and Murray & Roberts. It has a market capitalisation of over R5bn. It diversified early into Africa to the North, Australia, and the UK. In its results for the year to 30th June 2023 the company reported revenue up 38% and headline earnings per share (HEPS) up 31%....
A break out of this range will result to major break out
Construction and materials group Wilson Bayly Holmes-Ovcon (WBHO) reported its first annual loss in its 52 years in its 2022 results. Low levels of construction activity in the UK and slow government infrastructure rollout in SA paint a grim picture for construction companies. Many still view WBHO as the best run and well placed company compared to its peers. A...
Small range on WBO between R110 and R115. My preference will be on the long side. Trade ideas are my own and not financial advice.
Will the bullish trend continue? Remains above its 200-day simple moving average. Upside price momentum supports the bullish trend. A price action above 11300 supports a bullish trend direction. MACD bullish crossover also applicble.
WBO has been trading lower each day after its failed attempt to breakup above R120 level, currently oversold and approaching the R104 support zone.
WHO has been failing to break the support and resistance,,,and the trendline shows WHO is moving with the trend ,,, I think it will do as I indicated unless fundamentals change everything
Wilson-Bayly touched the R100 horizontal line that switched from previous support into current resistance
- A review of the monthly chart sees a large top formation having been developed over a 13-year period. This top has seen the share trade in a range of roughly R60-R70 over the period however investors should take caution as a downside break (below 8800c) would see the long term trend changing from one of consolidation to that of a downward trend....
Oversold: City Lodge Hotels 16 Long4Life 24 PSG Konsult 25 Delta Property 28 Accelerate Property 29 Overbought: Pioneer Foods 77 Wilson Bayly Holmes Ovcon (WBHO) 73 Impala Platinum 71 Murray & Roberts 70 Pepkor Holdings 70 Spending some time on WBHO. With AECI, this must be one of my favorite SA Inc/Value stocks on the JSE. A company trading below a 10 FPE...
End of week 22Feb19. Another week dominated by mostly Resources & also JSE:CPI . JSE:AMS also ended off the week at a 52-week HIGH. FTSE/JSE Allshare ( JSE:J203 ) Top5 oversold/overbought according to 14day RSI indicator as follow: JSE:WBO 17 JSE:TON 19 JSE:REB 23 JSE:DLT 23 JSE:HYP 23 JSE:IMP 82 JSE:AGL 81 JSE:AMS 81 JSE:CPI 77 JSE:KIO ...
This just shows again that a small mistake, can have a big (negative) effect on a company's results and share price. According to yesterday's half-year trading statement, HEPS are expected to fall between 80%-100% compared to last year. The main reason: "Recognition of a material provision in respect of the anticipated loss to complete the OSAR Western Roads...