Edition:
India

Clover Industries Ltd (CLRJ.J)

CLRJ.J on Johannesburg Stock Exchange

1,985.00ZAc
25 Jun 2019
Change (% chg)

-- (--)
Prev Close
1,985.00
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
247,735
52-wk High
2,422.00
52-wk Low
1,350.00

Latest Key Developments (Source: Significant Developments)

Clover Industries HY HEPS Up 5 Pct 117,6 Cents To 123,5 Cents
Tuesday, 5 Mar 2019 

March 5 (Reuters) - Clover Industries Ltd ::HY REVENUE UP 4,1% R4,21 BILLION TO R4,39 BILLION.HY HEPS UP 5,0% 117,6 CENTS TO 123,5 CENTS.INTERIM DIVIDEND PER SHARE UP 5,0% 26,56 CENTS TO 27,89 CENTS.HY EPS UP 0,2% 123,3 CENTS TO 123,5 CENTS.HY REVENUE FROM SALES OF PRODUCTS UP 4,6% R3,29 BILLION TO R3,44 BILLION.  Full Article

Brimstone Investment Corp To Review Its Role In Proposed Clover Transaction
Thursday, 7 Feb 2019 

Feb 7 (Reuters) - Brimstone Investment Corporation Ltd ::TAKEN NOTE OF WIDESPREAD OUTRAGE IN RESPECT OF CO'S PARTICIPATION IN PROPOSED PURCHASE OF CLOVER INDUSTRIES LIMITED.DECIDED TO REVIEW ITS ROLE IN PROPOSED CLOVER TRANSACTION.  Full Article

Brimstone Buys 15 Pct Indirect Interest In Clover Industries
Monday, 4 Feb 2019 

Feb 4 (Reuters) - Brimstone Investment Corporation Ltd ::ACQUISITION BY BRIMSTONE OF A 15% INDIRECT INTEREST IN CLOVER AND WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT.AMOUNT PAYABLE TO CLOVER SHAREHOLDERS IN TERMS OF SCHEME WILL BE A CASH CONSIDERATION OF R25.00 PER CLOVER SHARE.BRIMSTONE SHALL SUBSCRIBE FOR 15% OF ENTIRE ISSUED SHARE CAPITAL OF MILCO SA FOR A CASH CONSIDERATION OF R726 MILLION.IF SCHEME BECOMES OPERATIVE CLOVER WILL BECOME A WHOLLY-OWNED SUBSIDIARY OF MILCO SA.PROPOSED DEAL FOR R4.8 BILLION.  Full Article

Clover Industries Says Co Still In Negotiations With Third Party On Potential Acquisition
Friday, 30 Nov 2018 

Nov 30 (Reuters) - Clover Industries Ltd ::STILL IN NEGOTIATIONS WITH A THIRD PARTY REGARDING ITS POTENTIAL ACQUISITION OF ENTIRE ISSUED SHARE CAPITAL OF CLOVER.NOW SUBJECT MATTER OF FURTHER INTEREST FROM OTHER THIRD PARTIES.  Full Article

Clover Industries Expects FY HEPS Between 196.26 Cents And 209.04 Cents
Tuesday, 7 Aug 2018 

Aug 7 (Reuters) - Clover Industries Ltd ::MACRO ENVIRONMENT DURING SECOND HALF OF FINANCIAL YEAR WAS IN SOME INSTANCES TOUGHER THAN FIRST HALF.HEPS AND EARNINGS PER SHARE FOR YEAR ENDED 30 JUNE 2018 ("CURRENT PERIOD") ARE EXPECTED TO BE MORE THAN 20% UP.EXPECTS FY HEPS OF BETWEEN 196.26 CENTS AND 209.04 CENTS.INTRODUCTION OF SUGAR TAXES AND VAT INCREASE PUT A SIGNIFICANT STRAIN ON CONSUMER SPENDING.TRADING CONDITIONS WERE DIFFICULT IN FY, EXACERBATED BY STRUCTURAL CHANGES IN RETAIL ENVIRONMENT INCLUDING AGGRESSIVE PRICING.  Full Article

Clover Industries Sees FY HEPS 20 Pct Higher Than Last Year
Thursday, 28 Jun 2018 

June 28 (Reuters) - Clover Industries Ltd ::HEPS FOR CURRENT PERIOD EXPECTED TO BE MORE THAN 20% (12.80 CENTS) HIGHER THAN HEPS OF 63.90 CENTS REPORTED FOR COMPARATIVE PERIOD.EPS FOR CURRENT PERIOD EXPECTED TO BE MORE THAN 20% (16.60 CENTS) HIGHER THAN EPS OF 83.10 CENTS REPORTED FOR COMPARATIVE PERIOD.  Full Article

Clover Industries Ffrantz Scheepers appointed new CFO designate
Tuesday, 17 Oct 2017 

Oct 17 (Reuters) - Clover Industries Ltd ::CLOVER INDUSTRIES LTD - ‍FRANTZ SCHEEPERS APPOINTED AS NEW CFO DESIGNATE, EFFECTIVE 1 NOVEMBER 2017​.‍SCHEEPERS WILL ASSUME ROLE AS CFO OF COMPANY EFFECTIVE 1 JANUARY 2018​.  Full Article

UPDATE 1-South Africa's Clover posts 5 pct rise in H1 profit

JOHANNESBURG, March 5 South African dairy company Clover Industries Ltd said on Tuesday its first-half profit rose 5 percent, boosted by an increase in sales volume and an uptick in prices of some of its products.