Showing posts with label Highveld. Show all posts
Showing posts with label Highveld. Show all posts

Friday, August 3, 2007

Highveld says H1 headline EPS at 648.2 cts

(Reuters) - South Africa's Highveld Steel and Vanadium Corporation's first half headline earnings per share increased to 648.2 cents from 404.9 cents a year ago, the firm said on Friday.

Highveld said headline earnings rose to 643 million rand, from 401 million rand.


Read more at Reuters Africa

Wednesday, June 20, 2007

Highveld board rejects Evraz minorities offer

(Reuters) - The board of South Africa's Highveld Steel and Vanadium Corp advised minority shareholders to reject an offer by majority owned, Russia's Evraz Group, to buy up remaining shares, Highveld said.

The board accepted a valuation by an independent adviser of the firm at 93 rand per share, well above the offer by Evraz of $11.40 or 82.99 rand, according to a circular to shareholders posted on Highveld's website late on Tuesday.


Read more at Reuters Africa

Monday, June 18, 2007

Highveld Steel sees H1 headline EPS up 55-65 pct

(Reuters) - South Africa's Highveld Steel and Vanadium Corporation said on Monday it expected its half-year headline and basic earnings per share to jump by up to 65 percent.

Shares in Highveld, which is majority owned by Russia's Evraz Group, soared as much as 3.4 percent after it released the trading statement saying its headline EPS to end-June would rise by 55-65 percent.


Read more at Reuters Africa