Edition:
India

Bid Corporation Ltd (BIDJ.J)

BIDJ.J on Johannesburg Stock Exchange

27,811.00ZAc
10 Jul 2020
Change (% chg)

-384.00 (-1.36%)
Prev Close
28,195.00
Open
28,000.00
Day's High
28,304.00
Day's Low
27,489.00
Volume
1,010,770
Avg. Vol
1,413,510
52-wk High
35,799.00
52-wk Low
17,103.00

Latest Key Developments (Source: Significant Developments)

Bid Corporation Says Entire Beneficial Interest In Co Held By Ninety One SA Amounts To 5.16%
Tuesday, 23 Jun 2020 

June 23 (Reuters) - Bid Corporation Ltd ::BID CORPORATION LTD - ENTIRE BENEFICIAL INTEREST HELD BY NINETY ONE SA AMOUNTS TO 5,1642%.  Full Article

Bid Corp Says Coronation's Interest In Co Amounts To 5,13%
Thursday, 28 May 2020 

May 28 (Reuters) - Bid Corporation Ltd ::JSE: BID - DISCLOSURE OF SIGNIFICANT HOLDING OF BIDCORP ORDINARY SHARES.BID CORPORATION - CORONATION ASSET MANAGEMENT'S ENTIRE BENEFICIAL INTEREST AMOUNTS TO 5,13% OF TOTAL NUMBER OF SECURITIES IN ISSUE.  Full Article

Bid Corp Says Entire Beneficial Interest In Co Held By J P Morgan Chase & Co Amounts To 9,71%
Monday, 20 Apr 2020 

April 20 (Reuters) - Bid Corporation Ltd ::BID CORPORATION LTD - ENTIRE BENEFICIAL INTEREST IN CO HELD BY J P MORGAN CHASE & CO AMOUNTS TO 9,71%.  Full Article

Bid Corporation Says GIC Private Ltd Holds 5,04% Of Total Number Of Securities In Issue Of Co
Wednesday, 26 Feb 2020 

Feb 26 (Reuters) - Bid Corporation Ltd ::JSE: BID - DISCLOSURE OF SIGNIFICANT HOLDINGS OF BIDCORP ORDINARY SHARES.BID CORP - GIC PRIVATE LTD HOLDS 5,04% OF TOTAL NUMBER OF SECURITIES IN ISSUE OF CO.  Full Article

Bid Corporation Posts HY HEPS Up 4,0% To 728,3 Cents
Wednesday, 19 Feb 2020 

Feb 19 (Reuters) - Bid Corporation Ltd ::JSE: BID - UNAUDITED RESULTS FOR THE HALF-YEAR ENDED DECEMBER 31 2019.BID CORPORATION LTD - HY REVENUE UP 3,2% TO R68,2 BILLION.BID CORPORATION LTD - HY HEPS UP 4,0% TO 728,3 CENTS (CONSTANT CURRENCY HEPS +4,1%).BID CORPORATION LTD - INTERIM DIVIDEND DECLARED UP 6,5% TO 330,0 CENTS PER SHARE.BID CORPORATION LTD - HY TRADING PROFIT UP 9,2% TO R3,6 BILLION (CONSTANT CURRENCY TRADING PROFIT UP 9,2%).BID CORP - RECENT POLITICAL, SOCIAL UPHEAVAL IN SOME MARKETS AND UNFOLDING CORONAVIRUS PANDEMIC, IS VERY LIKELY TO IMPACT GROWTH PROSPECTS INTO H2.BID CORP- SOCIAL UNREST IN HONG KONG AND CHILE IMPACTED OUT-OF-HOME DEMAND, BUSH FIRES IN AUSTRALIA DAMPENED CONSUMER SENTIMENT IN HY.BID CORP - HY TRADING PERFORMANCE WAS IMPACTED BY MANAGEMENT UNDERPERFORMANCE IN BIDFRESH UK, SPAIN AND GERMANY.  Full Article

Bid Corporation Sees HY HEPS From Total Ops To Be Between 4% & 6% Higher Than Comparative Period
Monday, 17 Feb 2020 

Feb 17 (Reuters) - Bid Corporation Ltd ::TRADING STATEMENT.HY CONTINUING OPERATIONS EPS EXPECTED BETWEEN 3%(719,7 CENTS PER SHARE) & 5%(733,6 CENTS PER SHARE) HIGHER THAN LAST YEAR.HY CONTINUING OPERATIONS, HEPS IS EXPECTED TO BE BETWEEN 3% (721,2 CENTS PER SHARE) AND 5% (735,2 CENTS PER SHARE) HIGHER THAN COMPARATIVE PERIOD.HY HEPS FROM TOTAL OPERATIONS EXPECTED TO BE BETWEEN 4% (707,7 CENTS PER SHARE) AND 6% (721,3 CENTS PER SHARE) HIGHER THAN COMPARATIVE PERIOD.  Full Article

Bid Corporation Renews Banking Facilities With Standard Bank Of South Africa Limited For 3 Years
Friday, 20 Dec 2019 

Dec 20 (Reuters) - Bid Corporation Ltd ::HAS RENEWED ITS BANKING FACILITIES WITH STANDARD BANK OF SOUTH AFRICA LIMITED FOR A PERIOD OF 3 YEARS.ADOPTED RESOLUTION AUTHORISING CO TO PROVIDE FINANCIAL ASSISTANCE PURSUANT TO A SURETYSHIP SIGNED WITH STANDARD BANK.RESOLUTION TO GIVE FINANCIAL ASSISTANCE FOR GENERAL BANKING FACILITIES TO SOME SUBSIDIARY COS TO MAXIMUM VALUE OF R2.72 BILLION.  Full Article

Bid Corporation Appoints Nigel Payne As Lead Independent Director
Monday, 2 Dec 2019 

Dec 2 (Reuters) - Bid Corporation Ltd ::NIGEL PAYNE IS APPOINTED AS LEAD INDEPENDENT DIRECTOR.  Full Article

Bid Corp Says JP Morgan Acquires Beneficial Interest In Securities Of Co
Wednesday, 20 Nov 2019 

Nov 20 (Reuters) - Bid Corporation Ltd ::JSE: BID - CHANGE IN BENEFICIAL INTEREST.J P MORGAN CHASE & CO ACQUIRED BENEFICIAL INTEREST IN SECURITIES OF CO; THEIR ENTIRE BENEFICIAL INTEREST AMOUNTS TO 10,00% OF CO.  Full Article

Bid Corporation Says Trading For 4 Months To October In F2020 Positive
Monday, 18 Nov 2019 

Nov 18 (Reuters) - Bid Corporation Ltd ::IMPACT OF NEW IFRS 16 ACCOUNTING STANDARD IS IN LINE WITH GUIDANCE AS PROVIDED TO STAKEHOLDERS IN AUGUST 2019.TRADING FOR 4 MONTHS TO OCTOBER IN F2020 CONTINUES TO BE POSITIVE.IN HONG KONG, PROTESTS SIGNIFICANTLY DECREASED HOTEL OCCUPANCIES, TOURIST ARRIVALS, EATING OUT-OF-HOME ACTIVITIES FOR 4 MONTHS TO OCT.CURRENCY VOLATILITY HAS NEGATIVELY IMPACTED BIDCORP'S RAND TRANSLATED RESULTS TO OCTOBER IN F2020.MANAGEMENT'S EXPECTATIONS FOR F2020 REMAIN CAUTIOUS BUT LARGELY UNCHANGED.IN PCL, MANAGEMENT WORKING ON EXIT PLAN FOR RESIDUAL WAREHOUSING ACTIVITIES.IN PCL, NO FURTHER MATERIAL EXIT COSTS ARE EXPECTED.  Full Article

Food service group Bidcorp's volumes fall as much as 70% in major markets

JOHANNESBURG, April 14 Food services group Bid Corporation Ltd (Bidcorp) said on Tuesday its major markets were showing a decline in volumes of between 45% to 70% as hotels, restaurants and pubs remain temporarily closed to curb the spread of the coronavirus.