|
|
|
| Awareness of MNP low among SMEs and consumers |
| Awareness of MNP low among SMEs and consumers, but high among corporate subscribers read more |
|
|
| Special dividend |
| Reunert has declared a special dividend of R2 per share as the current level of cash is surplus to the requirements of the company. |
|
|
| Reunert improves HEPS by 29% |
| Reunert’s headline earnings per share grew 29% to 232,6 cents per share during the six months ended 31 March 2006. Turnover increased by 19% from R3 276 million a year ago to R3 911 million resulting in operating profits improving by 23% to R524 mill |
|
|
| 2004 Interim Results |
Reunert's unaudited results for the 6 months to 31 March 2004 is now available on our website as a downloadable PDF file.
|
|
|
| Reunert increases HEPS by 20% |
| The return to profitability at Siemens Telecommunications, ATC and Panasonic contributed to Reunert increasing its headline earnings per share by 20 percent for the six months to March 31, 2004. The interim dividend of 40 cents per share declared is |
|
|
| Interview with Moneyweb re 2004 Interim Results |
Alec Hogg "...your shareholders will be delighted to know,(Reunert) has turned around in the six months to March and will get better still, according to your comments, in the following six months.
|
|
|
| Acquisition Of Cs Computer Services Holdings |
Reunert has entered into discussions regarding a potential offer for the shares in or all the assets and liabilities of CSH for an effective cash consideration of 35 cents per CSH share.
|
|
|
| Reunert Limited - Trading Statement, Cautionary Announcement And Withdrawal Of |
| Reunert Limited - Trading Statement, Cautionary Announcement And Withdrawal Of Cautionary Announcement |
|
|
| Reunert Statement -CS HOLDINGS ALLEGATIONS |
| Johannesburg – Reunert and Worldwide African Investment Holdings, as the two major shareholders in CS Computer Services Holdings (CSH), view the allegations that have been made about CSH on the programme Moneyweb over the past few days in a very seri |
|
|
| Reunert backs CS |
| Boel Pretorius, the CEO of Reunert the significant shareholder in CS Holdings, says he still believes CS will be a good company going forward and backs CEO Annette van der Laan to continue heading it. |
|
|
| Reunert Ltd - Cautionary announcement |
| Shareholders are advised that the company has entered into negotiations, which if successfully concluded may have a material effect on the price of the companyss securities. |
|
|
| Reunert 2003 annual Report |
| The 2003 Reunert annual report is now available online. |
January 2004
|
- |
Business Day |
|
| Reunert has empowerment on corporate radar screen |
| Technology group Reunert is seeking to enhance its empowerment profile at group and divisional levels, the company says in its latest annual report. |
|
|
| EXERCISE OF OPTIONS BY DIRECTORS |
| Executive Directors exercise share options |
|
|
| SENS announcement |
| POSTING OF ANNUAL FINANCIAL SATEMENTS AND NOTICE OF ANNUAL GENERAL MEETING |
December 2003
|
- |
I-Net Bridge |
|
| Telkom to appeal least cost routing ruling |
| Telecommunications group Telkom (TKG) has reportedly been granted leave to appeal the ruling made last year that least cost routing LCR (LCR) systems and equipment are not, as Telkom contested, illegal and do not infringe the national carrier's right |
December 2003
|
- |
Nashua Mobile |
|
| Telkom granted leave to appeal LCR ruling |
| Following the landmark judgement handed down in October by Pretoria High Court Judge IWB de Villiers, the decision was made today that Telkom be granted leave to appeal the original ruling. |
|
|
| CS COMPUTER SERVICES HOLDINGS LIMITED - CHANGES TO THE BOARD OF DIRECTORS |
| Following the acquisition by Reunert Limited of a 31.7% equity stake in CS Holdings and effective 27 November 2003; Mr. Gerrit Pretorius and Mr Pat Gallagher were appointed non-executive directors to the CS Holdings board. Mr David Rawlinson and Mr C |
|
|
| Alec Hogg interviews Boel Pretorius |
| MONEYWEB: We welcome Boel Pretorius, chief executive of Reunert. Financial results out today for the year to end-September, Boel, and the top line looks great, revenues up 20%, operating profits up just more than 20%. |
|
|
| Michael Coulson interviews Gerrit Pretorius |
| think it’s fair to say, mixed reading because although revenue is up 21% and operating profit up 29%, headline earnings per share are down 20% and the reason is that although the core business, as you can tell, had a pretty good year, there were majo |
November 2003
|
- |
Business Day |
|
| Reunert still seeking right equity mate |
| TECHNOLOGY group Reunert had so far failed to find a suitable empowerment partner , CE Gerrit Pretorius said yesterday. |
November 2003
|
- |
Business Report |
|
| Siemens' losses drag Reunert headline earnings down 20% |
| Reunert, the electronic and electrical engineering firm, yesterday suffered a 20 percent decline in headline earnings a share for the year to September as a result of R65 million losses from its associate company, Siemens Telecommunications (Sietel). |
November 2003
|
- |
Engineering News |
|
| Reunert’s solid performance offset by rand |
| Electronics firm Reunert said yesterday that strong performances by its businesses, which pushed up profit and revenue, were not sufficient to counter the substantial losses incurred by associate company Siemens Telecommunications (Sietel). |
|
|
| Reunert sustains final dividend despite drop in earnings |
| The strong performance of the Reunert-managed businesses, showing operating profit growth of 29% and revenue increasing by 21% to R6,1 billion, was insufficient to offset the substantial losses incurred by Siemens Telecommunications. |
|
|
| Audited results for year-ended 30 Sept 2003 |
| Reunert's audited results for the year-ended 30 Sept 2003 is now available on our website. |
|
|
| Dealing in securities: S D Jagoe |
| Non-executive director S D Jagoe purchased 1 000 RLO shares in the open market on 28 January 2003 at a price of R18.09 per share. |
|
|
| Senior appointments at Reutech |
| Piet Smit, managing director of Reutech Radar Systems has been appointed managing director of the Reutech group of companies. Reutech represents the defence electronic businesses in the Reunert group. |
October 2003
|
- |
Sake-Beeld |
|
| CSH se prys wip danksy Reunert |
| Reunert het gister 'n belang van 31,7% in die genoteerde CS Holdings (CSH) bekom vir altesame sowat R42,3 miljoen. |
October 2003
|
- |
Business Day |
|
| Reunert to partner CS Holdings |
| TECHNOLOGY company CS Holdings has gained a major new shareholder in the form of Reunert, which has bought a 31,7% stake in the business by taking out two other investors. |
October 2003
|
- |
JSE News Service |
|
| Reunert acquires 31,7% stake in CS Holdings Limited |
| Reunert and CS Holdings today made a joint announcement on the acquisition of a 31,7% stake in CS Holdings by Reunert. |
|
|
| Moneyweb Interview - Boel Pretorius on Reunert acquiring 32% stake in CS Holdings |
| Alec Hogg from Moneyweb interview Boel Pretorius on Reunert acquiring a 31,7% stake in CS Holdings. |
|
|
| Transcript: Michael Coulson interviewing Gerrit Pretorius on stake Reunert bought in CS Holdings |
| Michael Coulson: A company that I’ve followed since its listing and really on the whole I think it’s fair to say it’s been a disappointment, is CS Holdings which of course has been run by the, one has always thought, extremely capable Annette van d |
|
|
| Reunert’s surprise purchase |
| In a surprise deal, electronics and electrical-listed group Reunert has bought a 31.7% stake of IT services and solutions group CS Holdings for R43.7m, or 55c a share. |
September 2003
|
- |
Engineering News |
|
| Salt tracker system to be installed this month |
| The tracker, one of the subsystems of the Southern African Large Telescope (Salt), is being integrated at Reutech Radar Systems’ (RRS) laboratories, in Stellenbosch, before the completion of factory acceptance tests. |
September 2003
|
- |
Engineering News |
|
| First corvette set to install SA radar system |
| STELLENBOSCH company Reutech Radar Systems (RRS) is putting the radar tracking system for the South African Navy’s first patrol corvette through its final stages of acceptance testing at the ORT test site in Bredasdorp, in the Western Cape. |
|
|
| Navolger gaan spieëls na hemelliggame laat draai |
Sutherland en Texas het iets gemeen
KAAPSTAD. - Een van die laaste stukke hoogs gevorderde toerusting van die Suider-Afrikaanse Groot Teleskoop (Salt) word oor twee weke in dié reuse-struktuur buite Sutherland ingebou. |
August 2003
|
- |
Business Day |
|
| Reutech on track with new corvettes |
| REUNERT subsidiary Reutech Radar Systems will deliver a radar tracking system next month for the first of SA's new corvettes, which will be arriving in Simon's Town soon. |
August 2003
|
- |
Finance Week |
|
| Bolt from the blue(chip) |
LAST week’s profit warning from Reunert proved that what many thought impossible could come true. If anything, the surprise it caused in a market numbed by countless shocks speaks volumes for the stalwart growth status the group has achieved.
|
|
|
| Moneyweb Interview - Boel Pretorius on Reunert Profit Warning |
| MONEYWEB: ...after five years of reporting consistently high earnings growth, comes news today out of Reunert that it will in fact post a significant decline in headline earnings this time around – the company putting out a profit warning at about ha |
|
|
| REUNERT LIMITED - TRADING STATEMENT |
Reunert today issued a trading update advising shareholders that headline
earnings per share for the financial year ending 30 September 2003 will be
significantly lower than that of the previous year. |
|
|
| New Nashua MD looks ahead |
Mark Taylor, former Nedcor GM of Conversions, has been appointed as the new MD of Nashua Mobile.
|
|
|
| Reunert Limited - Declaration Of Dividend No. 36 |
| NOTICE IS HEREBY GIVEN that a preference dividend at the rate of 5,5% per annum(equivalent to 5,5 cents) has been declared for the half year ending 30 June 2003, payable in South African currency, on 04 August 2003. |
|
|
| Mark Taylor appointed MD of Nashua Mobile |
| Mark Taylor, general manager Conversions at Nedcor Bank, has been appointed managing director at Nashua Mobile effective 1 July 2003. His appointment follows the death of Simon Herbert in a helicopter accident in Mpumalanga three weeks ago. |
|
|
| CBI WINS ANTI-DUMPING CASE IN USA |
| The United States International Trade Commission (ITC) has ruled in favour of Reunert company Circuit Breaker Industries (CBI) after one of its competitors claimed that CBI was selling its hydraulic magnetic circuit breakers at less than fair value i |
|
|
| The bottomline - Empowerment Card |
| LIKE any other listed company in SA, technology group Reunert is acutely aware of the rising social, economic and political pressure to foster black economic empowerment. |
|
|
| Reutech's deal with defence giant pays off |
| A partnership with a global defence giant European Aeronautic Defence and Space company (EADS) has enabled SA defence firm Reutech Radar Systems (RRS) to not only secure important local contracts, but to become a supplier of subsystems for offshore p |
|
|
| JSE buckles under a double whammy blow |
| THE JSE Securities Exchange SA was dealt a double blow as a strong rand and weak world markets sent stocks tumbling. |
May 2003
|
- |
Engineering News |
|
| Reunert’s earnings climb despite currency woes |
| South African electronics company Reunert yesterday reported a strong set of interim financial results for the six-month period ended March 31 despite the stronger rand taking its toll on the group’s earnings |
|
|
| Reunert also suffering from strong-rand blues |
| TECHNOLOGY group Reunert is the latest in a long line of SA companies to blame the strong rand for its failure to perform as well as had been hoped over recent months, and for its fears for the future. |
|
|
| Reunert’s rand woes |
Reunert reported 14% headline earnings growth for the first six months of the year, but makes no promises for the second half if the currency strength continues.
|
|
|
| Interview Classic FM/Moneyweb 8 MAY 03 |
| We’ve had five great years with you, Boel. Your earnings up 25% a year, minimum for the last five years, and now you’ve brought us half-year results up 14% – so quite a lot lower than anticipated, and you warned us that it could get even worse in the |
|
|
| RAND DAMPENS REUNERT'S CONTINUED GROWTH |
Reunert's results for the six months ended 31 March was released.
·Turnover increased by 23%
·Headline earnings per share up 14%
·Interim dividend of 32 cent per share (+7%) |
|
|
| PANASONIC ADDS QUALITY TO LIFE |
| Panasonic donates television sets airconditioner units and other equipment and sponsors the technical training for three students as part of their social responsibility efforts. |
April 2003
|
- |
Global Credit Ratings |
|
| Credit Rating |
Long term BBB+
Short term A2 |
April 2003
|
- |
Engineering News |
|
| Black-owned firm takes stake in cable maker |
Black empowerment group, Kgorong Investment Holdings, has acquired a 25,1% shareholding in telecommunications cable manufacturer ATC.
|
|
|
| Reunert sells ATC stake to Kgorong |
Electronics group Reunert has sold 25.1% of telecommunications cable manufacturer ATC to black empowerment group Kgorong Investment Holdings for an undisclosed sum.
|
April 2003
|
- |
Market Update, SAFM |
|
| Interview Market Update with Letepe Maisela |
| Stephen Gunnion: Black empowerment group Kgorong Investment Holdings has bought a 25.1% shareholding in ATC which makes cables for the telecommunications industry. Reunert, which is the major shareholder in ATC, sold the stake to Kgorong as part of i |
|
|
| Reunert concludes BEE deal |
| Reunert subsidiary company ATC has concluded an empowerment deal with Kgorong Investment Holdings, selling a 25.1% shareholding to Kgorong for an undisclosed sum. |
|
|
| Kgorong takes up 25,1% in ATC |
| Black empowerment group, Kgorong Investment Holdings (Pty) Ltd, has acquired a 25,1% shareholding in telecommunications cable manufacturer ATC (Pty) Ltd. The transaction was made possible after Reunert Ltd, which holds 89,5% of ATC, sold the 25,1% s |
|
|
| Gerritt Oosthuizen |
| Gerritt Oosthuizen, the Commercial Director of Engineering and Electronics firm Reunert turns 49 today (Monday). |
|
|
| Unveiling Moneyweb's model portfolio – courtesy of unit trust managers |
| Electronics group Reunert is the first of these Wild Cards. It accounts for some 7.6% of the total investments by the hefty (R1.7bn in assets) and well performed Sage Fund. |
|
|
| John Biccard: Portfolio manager, Sage Fund and Investec Value Fund |
| Alec Hogg from Moneyweb interviews John Biccard on his portfolio holdings, including Reunert. |
|
|
| RLO: Reunert Ltd - Dividend Declaration |
| a preference dividend at the rate of 5,5% per annum(equivalent to 5,5 cents) has been declared for the half year ending 31 December 2002, payable in South African currency, on 20 January 2003. |
|
|
| Reunert generates fresh buy signals |
| Reunert is generating fresh buy signals. It has also just broken it’s recent down trend line |
December 2002
|
- |
Engineering News |
|
| Denel awarded new SA army contract |
| Reutech Radar Systems is to participate in the development of a significant contract that was awarded to Denel for the Local Warning Segment (LWS) of the Ground Based Air Defence System (GBADS) for the South African Army. |
November 2002
|
- |
Engineering News |
|
| Electronics group continues to be acquisitive |
| For the fifth consecutive year, Reunert Limited produced headline earnings per share growth in excess of 25% a year. |
|
|
| Reunert’s five-year winning streak |
| Electronics and electrical engineering group Reunert has continued its five-year winning streak since starting its restructuring in 1997, reporting 31% earnings growth for the 2002 year. |
|
|
| Reunert produces strong growth for 5th consecutive year |
Reunert Audited results for year ended 30 Sept 2002.
Turnover up 20%
. EBITDA up 32%
· Headline eps up 31%
· Annual dividend per share up 30%
· R443 million spent on acquisitions |
|
|
| Moneyweb interview with Boel Pretorius |
| MONEYWEB: Thanks to Belinda Anderson. Today Reunert trotted out yet another solid performance. It's the fifth year in a row, as Belinda mentioned, that Reunert has grown headline earnings per share by more than 25%. Joining us now is Boel Pretorius, |
|
|
| Reunert HEPS up 31% |
| Reunert has increased its headline earnings by 31% to 229.5c a share from 174.8c for the year to September - making it the fifth consecutive year the group has grown its HEPS by more than 25%. |
|
|
| New era for Reunert's consumer and commercial electronics brands |
Reunert Consumer & Commercial Holdings Limited ("RC&C"), a wholly owned subsidiary of Reunert Limited enters a new era on 1 October 2002,
marked by the launch of a complete, new corporate structure for the
business. |
October 2002
|
- |
Business Day |
|
| RC&C division creates brand for SA market |
THE consumer and commercial electronics division of technology group Reunert (RC&C) is undergoing a major expansion with the launch of a new brand for the local market and the winning of the agency for Nintendo for SA.
|
|
|
| Marconi ‘committed to SA' |
| Marconi, the global telecommunications equipment and solutions company, is committed to growing its market share in SA despite selling its interest in telecoms cable manufacturer ATC. |
|
|
| Sietel, AST win $14m Botswana contract |
| Siemens Telecommunications, a Reunert associate company and AST Botswana have won a $14m (about R150m) contract with the Botswana Telecommunications Corporation (BTC) for the provision of rural telecommunication services. |
September 2002
|
- |
Moneyweb |
|
| Reunert buys control of ATC |
| Reunert has bought Marconi's 51% stake in struggling cable manufacturer ATC for an undisclosed price, taking it into a controlling position with 79%. |
|
|
| Reunert acquires majority shareholding in ATC |
| Reunert today announced that it has acquired Marconi Plc’s 51% share in South African telecommunications cable manufacturer ATC (Pty) Ltd for an undisclosed price. |
|
|
| R150m telecoms project for Botswana |
About 150 villages in southern and north-eastern Botswana could soon have telecommunications services, thanks to a Botswana Telecommunications Corporation (BTC) contract which was recently awarded jointly to Siemens and AST Botswana.
|
|
|
| Siemens, AST win $14m Botswana Telecommunications contract |
| Botswana Telecommunications Corporation (BTC) has awarded a contract valued at more than R150 million to Siemens Telecommunications (Pty) Ltd and AST Botswana for the provision of rural telecommunication services. |
|
|
| Dealing In Securities By Director |
|
August 2002
|
- |
Engineering News |
|
| William Reeler, SACO Systems |
| CV - Bill Reeler as published in Engineering News |
|
|
| Siemens consolidates its position as turnkey supplier in Africa |
| Sietel has signed a $9.5 million (R95 million) contract to supply Telecommunications de Mozambique (TDM), Mozambique's fixed line operator, with switching equipment to support their network modernisation process. |
|
|
| Reunert company wins R95m contract |
| Siemens Telecommunications (Sietel), the 40% associate company to Reunert that contributes more to operating profits than another other division, has clinched another major contract in the SADC (Southern African Development Community) region. |
August 2002
|
- |
Issued by Reunert |
|
| RLO: REUNERT LIMITED - DIRECTORS TRADE |
| G Pretorius sells 10 000 RLO shares. Indirect, non beneficial. |
|
|
| Siemens dominates Lesotho's fixed line telecommunications market |
| Sietel has won Lesotho's largest ever telecommunications contract. |
|
|
| Share Dealing Opportunity for Shareholders holding less than 100 shares |
| African Stats Shareholder Services has been appointed by Reunert Limited to provide these small shareholders with an opportunity to sell or donate their entire holdings with cost saving implications for the small shareholder as well as the company. |
|
|
| Business helps with education of engineers |
| Helmuth Fischer, CBI CE, told a ceremony at Wits Univ that SA industry would not be able to compete internationally if the "government's education policy favouring equalisation is done at the expense of allowing engineering education to suffer. |
|
|
| E-knights take on dragons, save bottom line |
It's no fairytale: the synergy generated by unified messaging is a solution to rapidly rising business communication costs and falling revenues.
|
|
|
| John Arron comments on RLO's Q3 update |
John Arron: Research analyst, BJM
Taking us through Reunert's third-quarter trading update on Moneyweb.
Interview on Classic FM
http://m1.mny.co.za/BusToday.nsf/UNID/BVRN-5BURUL |
|
|
| Third Quarter Trading update |
| Reunert Limited wishes to advise that the group results for the nine months to June 2002 was in line with expectations. Reunert`s cash flow and profitability is on target. |
|
|
| Softline names IQ as partner in SMS service |
Softline has appointed The IQ Business Group as its technology partner in the launch of an SMS messaging service for its Pastel Accounting clients.
|
|
|
| Let’s fight like it’s 1999 |
REUNERT CE Gerrit (Boel) Pretorius and Altron CEO Robbie Venter both recently reported on 30% earnings growth, though the one’s weaknesses played to the other’s strengths, reflecting the intense competition.
|
|
|
| Ian Anderson's views on Reunert |
| 30% up, I think, is the headline number and management indicating that they're comfortable with that number going forward for the full year to September |
|
|
| Interview Classic FM/Moneyweb |
HEPS up 30%, and a dividend of 30c a share - a long way from a couple of years ago when the company was a hostile takeover target. The discussion includes Nashua/Nedtel, Panasonic and share buy-backs.
|
|
|
| Reunert boosts earnings 30% |
| JSE-listed Reunert has reported a 30% increase in headline earnings per share for the first six months of its current financial year, and promises continued growth in the second half. |
|
|
| Reunert coy about major defence order |
| THEY will not say what it is worth, who it is with, or where they live. But SA electrical and electronics group Reunert says it has clinched a major defence export order, which should turn around the fortunes of its Reutech defence division. |
May 2002
|
- |
Business Report |
|
| Reunert lifts interim earnings a share 20% |
| Johannesburg - Reunert, the electronics and electrical engineering group, increased earnings a share by 20 percent to 93.7c in the six months to March because of organic growth, acquisitions and share buybacks, it said yesterday. |
May 2002
|
- |
Broadcast on SAfm |
|
| Transcript of : |
| Michael Coulson: Reunert published its interim results today. 6 months to March, revenue up 17%, operating profit of 12% and headline earnings per share up a whacking 30% from 78c to 101c. |
|
|
| Reunert's successful run continues |
- Headline earnings per share up 30%
- Turnover increased by 17%
Reunert Limited produced pleasing interim results for the six months to March, which were at the top end of analysts' forecasts.
|
|
|
| Reunert transformation pays dividends |
One-time defense business surprises market with 30% HEPS growth. Second half growth expected to remain strong. Fixing problem areas and looking for empowerment deals.
http://m1.mny.co.za/ttee.nsf/UNID/BANN-59XR4R?OpenDocument |
|
|
| Investor Presentation Interim Results |
You can download the presentation made to the investment community by going to the following link
http://www.reunert.com/investor/investors_presentations.htm |
April 2002
|
- |
Finance Week |
|
| UT performance much improved in light of global recovery |
|
March 2002
|
- |
Business Day |
|
| Fibreoptics supplier fights Telkom's move |
| ATC challenges tender process in court |
|
|
| Fisticuffs over Telkom contract |
| A deal that Telkom hailed as its biggest empowerment procurement contract for the year 2001 could seemingly turn sour with the an application filed for the liquidation of the contract winner's holding company. |
|
|
| Nashua Mobile, IQ Business Group in partnership |
| Nashua Mobile has appointed the IQ Business Group as its technology partner to roll-out its messaging and data strategy. |
January 2002
|
- |
Business Report |
|
| Reunert - Business Watch |
| It hardly set fire to the stock but it might be worth taking a closer look at Reunert's trading statement, released late yesterday afternoon. |
|
|
| Reunert Limited's Performance Continues In Line With Expectations |
| Reunert believes that its prospects for the current year have improved, in spite of the recent increase in interest rates and the volatility of the Rand. |
January 2002
|
- |
Business Report |
|
| Siemens to increase Sietel stake to 60% |
| Siemens SA was increasing its shareholding in subsidiary Siemens Telecommunications (Sietel) to 60 percent for an estimated R121 million, the company said yesterday. |
|
|
| Reunert shareholding in Siemens Telecommunications |
| Siemens Limited has exercised its call option to acquire 9% of the Marconi shareholding acquired during 2001. The 9% shareholding represents 12 600 shares in Sietel and were acquired by Siemens for R121 million. |
January 2002
|
- |
Engineering News |
|
| Tracking beer kegs, ostriches using SA tag |
| Electronics and electrical engineering group Reunert believes that its traditional time-and-attendence systems subsidiary, Saco Systems, is on the verge of breaking into a R100-million industry following its success in radio frequency identification |
|
|
| Buy Reunert for telecoms bonanza |
| Investors looking for a less risky exposure to the telecoms sector than a direct route such as M-Cell should consider industrial electronics group Reunert as a possible investment. |
|
|
| Reunert Annual Report now available |
The Reunert annual report for the financial year ended 30 September 2001
is now available on our website. |
|
|
| Reunert acquires balance of Nashua Mobile |
| Reunert today announced that it has acquired from Metropolitan Life the remaining 4,7% of Nashua Mobile it did not already own. The acquisition, for a purchase price of R28 million, is effective from 1 December 2001. |
December 2001
|
- |
ZA Finance |
|
| Harmony returns to the index, after a fashion |
| Reunert included in indi 25 |
|
|
| Reunert increases its stake in Siemens SA |
| Reunert today announced it has increased its share in Siemens Telecommunications (Sietel) from 27.5% to 49%. Reunert will purchase the 21.5% Marconi shareholding for a cash consideration of R279.5 million |
|
|
| Reunert Limited - Acquisition by Reunert of Marconi |
Acquisition by Reunert of Marconi Communications Africa (Proprietary)
Limited's ("Marconi's") shareholding in Siemens Telecommunications (Proprietary) Limited ("Sietel")
("The acquisition")
|
|
|
| RLO stock of choice for telecoms exposure. |
REUNERT rose a percent to R18.90. The share ('our stock of choice for telecoms exposure') is on Simon Fillmore's (Hampton Securities) watch list this week.
|
|
|
| Reunert increases share in Nashua Mobile |
| Reunert has increased its stake in cellular service provider Nashua Mobile by acquiring Nedcor’s 37,3% shareholding at a purchase price of R224,6 million. This brings Reunert’s share to 95,3% |
November 2001
|
- |
Sake-Beeld |
|
| Reunert se omset groei sterk |
| Reunert het in die boekjaar tot einde September sterk groei in sy omset behaal terwyl beter winsgrense en kostebeheer daartoe gelei het dat sy bedryfswins met 38% tot R381,5 miljoen verstewig het. |
|
|
| ANOTHER VINTAGE YEAR FOR REUNERT |
| Reunert Limited produced another set of excellent results for the year ended 30 September 2001. Turnover up 27%, a 38 % increase in operating profit and headline earnings per share up 25% to 176 cents per share. |
|
|
| Classic FM interview with Boel Pretorius |
Interview with BOEL PRETORIUS: CEO, REUNERT
Financial results. Headline earnings up 25% for the year, and a generous dividend of dividend of 91c.
|
|
|
| R400m fibre optic deal prepares Eskom for SNO |
| Eskom Enterprises finalised a R400 million contract with Siemens Telecommunications for the rollout of fibre optic network infrastructure in preparation for the deregulation of the fixed telecommunications industry in May. |
|
|
| Cautionary announcement |
| Shareholders are advised that Reunert is involved in negotiations which, if successfully concluded, may have an effect on the price of Reunert shares. |
|
|
| Siemens wins SNO deal |
Eskom Enterprises and the Siemens Telecommunications announced that Siemens will be the technology partner for the roll-out of a national fibre optic backbone for the second national operator (SNO).
|
October 2001
|
- |
Nashua Mobile |
|
| Nashua brandname strengthened |
| Nashua NedTel Cellular has changed its name to Nashua Mobile allowing greater synergy with Nashua in the marketing and advertising of its products and services. |
|
|
| Announcement of Reunert's financial year-end results |
| Reunert Limited's results for the year ended 30 September 2001 will be announced on Monday, 19 November 2001. It will be published in the newspapers on 20 November 2001. |
|
|
| RDI benefits from First Technology, Intel partnership |
| Armaments manufacturer, Reutech Defence Industries (RDI), a subsidiary of Reunert Ltd, is one of the first companies to reap the rewards of First Technology's alliance with Intel. |
|
|
| Reunert Defence Logistics wins R55m contract |
| Reutech Defence Logistics (RDL), a company in the Reunert Group, has been awarded two Armscor contracts on behalf of the SANDF. The contracts are worth approximately R55 million over the next three years. |
|
|
| Martin Shaw appointed to Reunert Board |
| Mr Martin Shaw, global Chairman of Deloitte Consulting, has been appointed as a non-executive director of Reunert Limited with effect from 2 July 2001. |
|
|
| Kgorong acquires further share of RDL |
| Reunert Limited today announced that Kgorong Investment Holdings had acquired a further 20% in Reunert Defence Logistics (RDL) in a deal worth R80 million. This takes its shareholding in RDL to 30% with effect from 1 June 2001. |
|
|
| Kgorong acquires further share of Reunert Defence Logistics |
| Reunert Limited today announced that Kgorong Investment Holdings had acquired a further 20% in Reunert Defence Logistics (RDL). This takes its shareholding in RDL to 30% with effect from 1 June 2001. |
|
|
| Siemens is ready for quick Cell C network roll-out |
Sietel has been awarded a turnkey supply contract, valued at US$ 221 million, for South Africa's third cellular operator, Cell C.
The contract will see Siemens as the full turnkey solutions provider of the dual band network infrastructure. |
|
|
| Panasonic MD warns of abuse of free trade |
| PANASONIC, the Japanese consumer electronics multinational, has warned that an abuse of SA's new free trade area with its Southern African Development Community (SADC) neighbours, could destroy thousands of local jobs. |
May 2001
|
- |
Business Report |
|
| Reunert's earnings spark on export sales |
| Reunert, the cash-flush electronics and electrical engineering group, continued to report earnings growth in excess of 20 percent, despite undergoing a "traumatic" restructuring period. |
|
|
| Reunert sit indrukwekkende groei van meer as 20% voort |
| Reunert het sy indrukwekkende groeikoers die afgelope vier jaar van meer as 20% per jaar voortgesit |
|
|
| Reunert beats sluggish market |
DESPITE a sluggish cellphone market, electronics and engineering group Reunert increased headline earnings a share by 24% to 78c for the six months ended 31 March.
|
|
|
| Reunert continues to deliver results |
| Results for the six months to 31 March 2001 released today showed a 24% increase in headline earnings per share. Turnover increased by 34% on the comparable period while operating profit was 48% up. |
|
|
| Interim Results - 2001 |
| The Interim Results to shareholders for the six months ended 31 march 2001 is now available. |
|
|
| Reunert signs agreement with Mitsubishi, Japan |
| In a deal which will result in projected sales of R70 million per annum, CBI has acquired certain stock and has been appointed a distributor in sub-Saharan Africa for Mitsubishi Electric Corporation’s switchgear and factory automation products. |
|
|
| CBI makes local acquisition |
| Circuit Breaker Industries (CBI), part of the Reunert stable, today announced that it had acquired Lightening and Transient Surge Suppression (Pty) Ltd (L & T) with effect from 1 March 2001. |
March 2001
|
- |
BEACHHEAD MEDIA AND INVESTOR RELATIONS |
|
| Siemens signs $12m support contract for Vodacom Tanzania network |
| Siemens and Vodacom Tanzania Limited have signed a network support and maintenance agreement, valued at $12 million over the two year contract period. |
March 2001
|
- |
THOMAS MOLETE COMMUNICATIONS |
|
| ATC invests R60m to boost optical fibre production |
| Communication cable and optical fibre manufacturer ATC is investing R60-million to increase the production capacity of optical fibre and optical fibre cable. |
March 2001
|
- |
Business Day |
|
| ATC invests in production |
| COMMUNICATION cable and optical fibre manufacturer ATC is investing R60m to increase the production capacity of optical fibre and optical fibre cable at its Brits plant, west of Pretoria, to more than 1-million fibre kilometres (fkm) a year. |
|
|
| Repurchase of ordinary shares in Reunert Limited |
| Reunert announced that another 3,1% of its shares has been bought back. This is in addition to the acquisition of 3% of issued share capital announced in December last year. |
|
|
| Reunert price at peak yet? |
The share price of Reunert, one of SA's older industrial giants, has been on the run in recent months.
|
|
|
| Notification of directors' dealings in Reunert shares |
|
January 2001
|
- |
Business Day |
|
| Cash-flush Reunert is looking at expansion |
| ENGINEERING group Reunert is looking at acquisitive opportunities to expand its electrical activities, but if these ambitions should not materialise shareholders will still benefit from a special cash distribution. |
|
|
| CBI broadens range of prepayment meters |
| Circuit Breaker Industries (CBI) and Tellumat Electronics Division have entered into an exclusive sales and manufacturing agreement for Tellumat’s range of single and three phase prepayment meters. |
|
|
| Repurchase of ordinary shares in REUNERT |
| SENS announcement on buy-back of Reunert shares |
|
|
| Reunert Annual Report for 2000 |
| The Reunert Annual Report for 2000 is available for download from this site. Click here to view the report... |
November 2000
|
- |
Business Report |
|
| Reunert cautious over acquisitions, preferring to expand areas of expertise |
|
November 2000
|
- |
Business Report |
|
| Companies reap the benefits of reinventing themselves |
|
November 2000
|
- |
Business Report |
|
| Reunert to focus more on exports as group ups profit 35% to R286m |
Reunert raised headline earnings a share by 31 percent to 140,7c in the year ended September 30, the company said yesterday.
|
November 2000
|
- |
Business Day |
|
| Restructuring pays dividends for Reunert |
| ENGINEERING group Reunert is firing on all cylinders despite the domestic economy's disappointing performance, thanks to a restructuring process concluded last year. |
November 2000
|
- |
Business Report |
|
| Reunert |
|
|
|
| Audited results for the year 2000 are now available. |
| To view the results online, click here. |
August 2000
|
- |
Business Report |
|
| CGF drops 30 firms in name and shame row |
Reunert, which was suspend
ed four years ago, was accepted
following a successful process of
mediation. |
|
|
| IQ Business Group and Reunert join forces to bring future way of working |
| IQ Works takes on the challenges of converged environment. The IQ business group and listed electronics giant Reunert have announced the establishment of a joint venture which will focus on the development... |
August 2000
|
- |
Business Report |
|
| Reunert and IQ group in a R30m joint venture |
|
August 2000
|
- |
Business Day |
|
| Union unit trust CGF announces approvals, rejections |
FINANCIAL services group PSG and technology distribution company Siltek are among eight companies approved to the Community Growth Fund (CGF), while Clinic Holdings and Rand Merchant Bank (RMB) have been rejected.
|
August 2000
|
- |
Sapa, I-Net Bridge |
|
| Nedcor to build on strong IT base |
| Since Nedcor’s hostile bid to merge with Stanbic was stopped in its tracks by government, the bank has been on the acquisition trail for information technology companies, and is still scouting around |
July 2000
|
- |
Business Report |
|
| Cellular telephony - an integral part of Nedcor's delivery strategy |
|
July 2000
|
- |
Business Report |
|
| Nedcor and Reunert merge telephony |
|
|
|
| Reunert gets control of new cellular company |
Johannesburg, 20 July 2000] - NedTel Cellular and Nashua Cellular have released details of the planned merger announced in March. The deal puts Nashua Cellular parent, Reunert, as the controlling shareholder of the new entity.
|
July 2000
|
- |
E Interview Doug Mattheus on SAFM |
|
| Interview Doug Mattheus on SAFM |
I'm Julie Walker speaking to Doug Mattheus marketing director of the new cellular company to be formed by Nedcor and Reunert. Good evening Doug.
|
July 2000
|
- |
Alec Hogg, Moneyweb. Interview on Classic FM |
|
| Interview: Simon Herbert: MD, new cellular phone business |
| Simon Herbert is the MD of the R1.2bn cellular phone business created today by a merger between the cellphone subsidiaries of Nedcor and Reunert. Simon, they seem like unlikely bedfellows... |
|
|
| Nedtel swallows Nashua Cellular |
| Nedcor and Reunert, which controls Nashua Cellular, say they are grabbing 20% of the corporate subscriber market through their merger deal |
|
|
| Sens announcement - Reunert and Nedcor merger of cellular interests |
| FURTHER TO THE EARLIER JOINT CAUTIONARY ANNOUNCEMENTS, NEDCOR INVESTMENT BANK AND RAND MERCHANT BANK ARE AUTHORISED TO ANNOUNCE THAT, SUBJECT TO APPROVAL BY THE COMPETITION COMMISSION... |
|
|
| Reunert and Nedcor create R1.2bn cellular service company |
Reunert and Nedcor have reached agreement to merge their cellular operations - Nashua Cellular and NedTel Cellular - into a new cellular service company with a turnover of R1.2bn.
|
July 2000
|
- |
Business Report |
|
| Reunert sells stake to empowerment group |
| Reunert had sold a stake in its logistics subsidiary to a black economic empowerment company Kgorong Investment Holding, the industrial electronics and electrical company said yesterday. |
July 2000
|
- |
Sake-Beeld/Burger |
|
| Swart groep kry belang in Reunert-filiaal |
Kaapstad. - 'n Swartbemagtigingsgroep, Kgorong Investment Holdings, het 'n belang in Reunert Defence Logistics (RDL) vir etlike miljoene verkry. Die presiese waarde van die transaksie is nie bekend gemaak nie.
|
|
|
| Kgorong boosts presence in defence logistics industry |
ENGINEERING group Reunert has strengthened its relationship with black empowerment company Kgorong Investment Holdings after Kgorong acquired a significant stake in Reunert Defence Logistics (RDL).
|
|
|
| Reunert Limited in new empowerment deal |
| Electronics company, Reunert Limited, has announced a new empowerment partnership. Kgorong Investment Holdings (Pty) Limited, an empowerment company, has purchased a significant stake in Reunert logistics company... |
|
|
| Taking the bottle out of the spirit |
CAPE TOWN The Securities Regulation Panel's takeovers and mergers code is one of a few examples where it is perfectly excusable to follow the letter but not the spirit of the law.
|
|
|
| Cellphone link |
NEDCOR and Reunert have announced that the two companies are still negotiating to combine their cellphone businesses, NedTel Cellular and Nashua Cellular, but they have yet to finalise the details.
|
May 2000
|
- |
Financial Mail |
|
| Electronic shares - Look at these orphans. There's real value in them |
| Since they're no longer lumped together in the same sector as the glamorous IT stocks, electronics and electricals shares tend to be overlooked. |
April 2000
|
- |
Financial Mail |
|
| Three years of Radical Change |
CEO Gerrit "Bull" Pretorius earned his nickname for a tenacious approach to getting the job done. The job he set out to do when he assumed the hot seat at Reunert's in April 1997 was to deliver a focused electronics and electrical group.
|
April 2000
|
- |
Engineering News |
|
| SA Firms's shift from defence |
| Former South African defence equipment leader, Reunert, has swiftly moved its business from heavy military equipment to sophisticated electronics and low-voltage electrical engineering. |
April 2000
|
- |
Business Report |
|
| Plenty spark from revamped Reunert |
| Reunert, the electronics and electrical company, yesterday released interim results which showed that, after restructuring, the company had grown margins and earnings, reduced debt and kept its cash position stable. |
|
|
| Reunert op koers om met 20% P.J. te groei |
| Reunert het die herstruktureringsprogram waarin verskeie van sy bedrywighede verkoop is, in die ses maande tot einde Maart voltooi en is op koers om 'n voorspelde groeikoers van 20% per jaar te behaal. |
April 2000
|
- |
Business Day |
|
| Reunert forsees further growth |
| ENGINEERING group Reunert seems to be maintaining its earnings growth trend, which has resumed after a three-year rationalisation programme. |
|
|
| Reunert grows headline earnings by 28% |
| Reunert, the electronics and electrical company, announced a 28% increase in comparable headline earnings per share for the six months to 31 March 2000. |
April 2000
|
- |
SAfm Market Update |
|
| Interview with Gerrit Pretorius & Michael Coulson |
| Radio interview. |
|
|
| Nedcor & Reunert announce proposed merger of cellular opertations |
| In a joint announcement today, Nedcor and Reunert, revealed their intention to merge their cellular operations... |
January 2000
|
- |
Financial Mail |
|
| Time to take some profits - but what to sell? |
What joy the New Year brought. Your shares bounded ahead in multiple percentage points every day. But over the past few days, a seemingly unstoppable bull was brought to a sudden halt. Could this be the start of a dreaded correction?
|
January 2000
|
- |
Sake Beeld |
|
| Effektetrust vir die Moslem-gemeenskap |
Kaapstad. ''n Unieke effektetrust wat spesifiek op die behoeftes van die Moslem-gemeenskap gemik is, word aanstaande maand bekend gestel.
|
January 2000
|
- |
Business Times |
|
| Diagonal Street beats JSE all-share |
THE 1999 Diagonal Street share portfolio selected in mid-January made an overall return of 66% while the JSE all-share index climbed by 53%.
|
December 1999
|
- |
Business Day |
|
| Defence market smaller, more |
A WHITE paper on defence-related industries shows a 70% decline in the defence market, with both imports and exports showing a marked decrease.
|
December 1999
|
- |
Financial Mail |
|
| Stock Market - AARGH ENDS |
The FM's stock picks were better than the curate's egg, mostly good but partly indigestible
|
December 1999
|
- |
Sake Beeld |
|
| Reunert kry groot buitelandse kontrak |
Die Reunert-filiaal Saco Systems het ''''n uitvoerkontrak van R45 miljoen van die Britse brouery Scottish Courage Brewing ontvang om die omvattende voorraadbeheerstelsel wat Saco se eie radiofrekwensie-identifikasietegnologie (RFID) gebruik.
|
December 1999
|
- |
Sake Beeld |
|
| Barlow tweede wedstrydwenner |
Barlow se advertensie waarin die groep se finansiële resultate bekend gemaak is, was die beste van al dié finansiële advertensies wat in November in koerante verskyn het.
|
|
|
| Reunert company gets R45m export order |
Reunert company Saco Systems has received a R45m follow-up export order from leading UK brewer Scottish Courage Brewing.
|
November 1999
|
- |
Business Day |
|
| Saying 'no' is paying off for Reunert now |
REUNERT''''s CEO Gerrit Pretorius should be more confident in reiterating what appears to be one of his principal beliefs that "actions speak louder than words".
|
November 1999
|
- |
Business Times |
|
| JSE Report Resources stocks and upward rating pushes JSE to year's high |
THE JSE hit a year''''s high of 7 525 points, climbing 3.3% over the week on strength in the resources stocks and the beginning of an upward rating of gross domestic fixed investment (gdfi) stocks.
|
November 1999
|
- |
Business Day |
|
| Reunert's surgery pays off in results |
REUNERT''''s record results for the year ended September were a direct spin-off of a major restructuring programme, which was started two years ago and helped the electronics- and electrical-engineering group get back on its feet.
|
November 1999
|
- |
Sake Beeld |
|
| Reunert behaal sy beste resultate nog |
Reunert het in die boekjaar tot einde September sy beste resultate nog behaal en daardeur gewys dat die aggressiewe herstruktureringsproses van die afgelope twee jaar suksesvol was.
|
|
|
| Reunert announces year-end results |
| Reunert produced excellent results for the year to 30 September 1999, with headline earnings per share up 35% to 142,9 cents. |
|
|
| Reunert sells its stake in Alstrom |
Reunert has sold its 50% share of Alstom South Africa to French parent company Alstom Holdings in a R225 million-deal. The transaction is effective from 1 October 1999.
|
October 1999
|
- |
Financial Mail |
|
| Companies sit on cash piles - Nothing to invest in, they say |
There's too much cash sloshing around the coffers of SA companies. Investors, bored with JSE-listed groups not using their capital efficiently, are punishing directors by downrating their shares.
|
October 1999
|
- |
Sake Beeld |
|
| Waarde-aandele het nog fut, `lopie daarin kan voortduur' |
In die derde kwartaal vanjaar het waarde-aandele 23% beter gevaar as groei-aandele en fondsbestuurders meen dat die lopie in waarde-aandele kan voortduur.
|
October 1999
|
- |
Financial Mail |
|
| Special dividends. Use it or return it to the owners |
In different ways, the rash of large special dividend declarations in recent weeks underlines the hard line stance some major investors are adopting towards attaining shareholder value.
|
October 1999
|
- |
Business Day |
|
| Reunert and AECI are happily doling out their excess cash |
REUNERT and AECI have set a good example to firms with lots of cash but little to spend it on. Reunert will give R500m in cash back to its shareholders, and AECI will hand over R928m to its shareholders, both by way of a special dividend.
|
|
|
| Reunert pays R500 million special dividend. |
Reunert Limited today announced that it is to pay a special dividend of R500 million, equivalent to R2,50 per share, to shareholders registered on 15 October 1999.
|
September 1999
|
- |
Business Times |
|
| BAe takes Denel stake in R8bn lifeline |
STATE-OWNED defence manufacturing company Denel has been thrown a R8-billion lifeline which in the next month will see British Aerospace taking a stake of 20% in its avionics division.
|
September 1999
|
- |
Financial Mail |
|
| FM's stockpickers results - so like onions |
Amid investors'''' tears there''''s a bit of cheer, as the FM''''s stockpickers show
|
September 1999
|
- |
Business Day |
|
| Reunert sells armoured vehicle business |
UK SPECIALIST engineering group Vickers plc has bought Reunert''''s armoured vehicle business, Reumech OMC, and its Gear Ratio unit as part of a worldwide strategic repositioning of its defence division.
|
September 1999
|
- |
Sake Beeld |
|
| Reunert verkoop 'n deel van sy verdedigingsbelange aan Vickers |
Reunert het sy meganiese verdedigingsafdeling aan die Britse maatskappy Vickers verkoop in ''''n transaksie waarvan die waarde tussen R84 miljoen en R116 miljoen beloop.
|
|
|
| Reunert sells defence businesses to Vickers |
| Electronics and electrical engineering group Reunert has sold its mechanical defence division to British company Vickers in a deal with a value between R84 million and R116 million. |
|
|
| Maddox die nuwe baas by Reunert se NPC |
Reunert het aangekondig dat mnr. Martin Maddox as besturende direkteur van NPC Electronics, ''''n volfiliaal, aangestel is.
|
August 1999
|
- |
Business Day |
|
| Struggle for Reunert entailed an intriguing clash of personalities |
A low-profile MD defeated his flamboyant rival. THE end of the battle for control of telecommunications and defence group Reunert represents a victory for its low-profile MD Grant Pretorius over flamboyant businessman Bill Venter.
|
|
|
| Hof stel bevel oor Reunert tersyde |
Die Johannesburgse hoë hof het gister die beslissing van die Sekuriteite Reguleringspaneel (SRP) tersyde gestel wat Reunert verplig het om ''''n konsortium bestaande uit BoE en Altron toe te laat om ''''n ouditondersoek op hom te doen.
|
August 1999
|
- |
Business Day |
|
| High court ruling puts paid to bid for Reunert |
| THE Board of Executors-Altron consortium said it was "highly unlikely" to pursue its Reunert bid after SA''''s high court overturned a ruling by the Securities Regulation Panel (SRP) allowing the consortium to conduct a due diligence investigation. |
|
|
| Senior appointments at Reunert |
Electronics and electrical group Reunert has announced the following senior appointments...
|
July 1999
|
- |
Financial Mail |
|
| Coming to the corporate raiding party |
| How will the battle between Reunert and the Altron/BOE consortium - which has the Securities Regulation Panel (SRP) trapped like a mesmerised rabbit in headlights - turn out? |
July 1999
|
- |
Business Times |
|
| Giving power back to the shareholder |
| SOUTH Africa is now falling into line with the growing international practice of handing power to shareholders to reduce the capital of their company more easily... |
|
|
| Reunert-bal nou net in SRP se baan |
| Die geskil tussen Reunert en die konsortium bestaande uit BoE en Altron het gister 'n nuwe wending geneem toe die konsortium in 'n verklaring aan Reunert aandeelhouers gesê... |
|
|
| Reunert Limited noted advertisement placed by the BOE / Altron consortium. |
The Board of Reunert Limited has noted the advertisement placed by the BOE / Altron consortium in the press on Monday, 19 July 1999.
|
|
|
| Electronics firm lands contract |
ELECTRONICS company Reunert Communication Systems (RCS) has won a contract worth about R180m to install and maintain a new national communications infrastructure over the next five years.
|
|
|
| Reunert company secures 5-year contract |
| Reunert electronics company Reunert Communication Systems (RCS) has secured a contract worth an estimated R180 million to install... |
June 1999
|
- |
Business Times |
|
| Reunert could head the buyback rush |
| Companies whose share prices are low, and which are sitting on cash piles, are perfect candidates for share buybacks. |
|
|
| Reunert joint venture forms radar company |
| ELECTRONICS, electrical engineering and defence group Reunert has brought empowerment group Kgorong Investment Holdings and European high-technology company DaimlerChrysler Aerospace (Dasa)... |
|
|
| Reunert stig vennootskap met Daimler en swart groep |
| Reunert, die internasionale maatskappy DaimlerChrysler Aerospace en die plaaslike bemagtigingsgroep Kgorong gaan deur ''''n gesamentlike onderneming Reunert se radartegnologie-afdeling in Stellenbosch uitbrei as deel van Reunert se projek... |
|
|
| Reunert mounts court challenge |
ELECTRONICS group Reunert is to go to the high court in a bid to prevent the BoE-Altron consortium gaining access to confidential information it seeks in support of its bid to take over Reunert.
|
|
|
| DaimlerChrysler Aerospace and Kgorong take up stake in Reunert company |
A partnership deal to take up shares in one of Reunert’s electronic businesses was signed today in Johannesburg between high-technology company DaimlerChrysler Aerospace and the black empowerment group Kgorong Investment Holdings.
|
|
|
| Reunert wend hom tot hof oor geskil |
Reunert het hom gister tot die Johannesburgse hoë hof gewend om te keer dat die konsortium bestaande uit BoE en Altron 'n ouditondersoek na sy sake doen met die doelwit om 'n aanbod aanReunert se aandeelhouers te doen.
|
|
|
| Good and bad reasons for firms to buy back shares |
| Shareholders asked to sanction this soon to be legal practice must ensure it is done for the right business reasons. |
|
|
| Reunert lodges court application to stop consortium |
| Reunert this morning lodged an application to the High Court of South Africa to review the Securities Regulation Panel’s decision to allow the BOE/Altron consortium access to company information. |
|
|
| Telkom scotches fears of cash-flow problems |
TELECOMMUNICATIONS utility Telkom has scotched industry fears that it is running into cash flow problems, saying recent changes in stock requirements for its big network expansion are due to efficiency measures.
|
|
|
| Vyandige oornames in SA ver agter dié in Weste |
| Die Sekuriteite-Reguleringspaneel (SRP) was die afgelope week in die middel van die oornametwis tussen Reunert en die BOE/Altron-konsortium nadat hy beslis het dat Reunert ingevolge sy reëls 'n ouditondersoek deur die konsortium moet toelaat. |
May 1999
|
- |
Financial Mail |
|
| Industry Hangers-on get the cash flow message |
| Telephone utility's rocketing capex rate gives cause for concern. The telecommunications industry, swelled in the past two years by an ambitious Telkom expansion programme, is growing increasingly concerned that its golden egg-laying goose... |
|
|
| SRP se optrede skep presedent vir vyandige oornames |
Die optrede van die Sekuriteite-Reguleringspaneel (SRP) in die oornamestryd tussen Reunert en die konsortium bestaande uit BoE en Altron kan ''''n presedent vir toekomstige oornames in Suid-Afrika skep.
|
|
|
| Reunert se aandeelprys styg ná beslissing |
Reunert se aandeelprys het gister met 30c of 3,4% van 890c tot 920c gestyg ná die Sekuriteite Reguleringspaneel (SRP) se beslissing dat hy die konsortium bestaande uit BoE en Altron moet toelaat om ''''n ouditondersoek op hom te doen.
|
|
|
| Altron derides Reunert for its lack of a black partnership |
STRANGE things have been happening around the Altron-BoE consortium''''s offer for electronics group Reunert.
|
|
|
| Panel rejects Reunert's appeal |
| REUNERT may ask the Securities Regulation Panel for an exemption after the panel''''s executive committee upheld yesterday... |
|
|
| Altron wen tweede ronde teen Reunert |
Altron, die ryk van dr. Bill Venter, en mnr. Gerrit (Boel) Pretorius, uitvoerende hoof van Reunert, se geveg het die derde ronde bereik nadat Altron gister die tweede ronde gewen het.
|
|
|
| Altron wen tweede ronde teen Reunert |
Altron, die ryk van dr. Bill Venter, en mnr. Gerrit (Boel) Pretorius, uitvoerende hoof van Reunert, se geveg het die derde ronde bereik nadat Altron gister die tweede ronde gewen het.
|
|
|
| Altron sê Reunert moet net dié inligting gee |
| Altron sê hy soek net beperkte inligting van Reunert in die ouditondersoek wat hy nodig het om ''''n aanbod vir die maatskappy te kan doen... |
|
|
| Reunert sal selfs hof toe gaan om konsortium te keer |
Die nywerheidsreus Reunert sal alles in sy vermoë doen om die konsortium bestaande uit BOE en Altron te keer om 'n ouditondersoek na sy bedrywighede te doen.
|
|
|
| More life for Cooper as Liberty chairman |
| The combined market value of the companies under his stewardship is a hefty R32,5bn, LAST week CG Smith chairman Derek Cooper was appointed chairman of life assurer Liberty Life. |
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| Shared secrets |
| THE last thing an acquisitive company wants to do is spend its money on a lemon. So it is natural that one of a predator''''s top priorities is to find out as much as it can about any quarry it happens to be stalking. |
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| Besluit oor Reunert eers Maandag bekend |
Die Sekuriteite Reguleringspaneel (SRP) het sy beslissing voorbehou oor Reunertse appèl teen sy vorige beslissing om die BOE/Altron-konsortium toe te laat om ''''n ouditondersoek op hom te doen.
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| Securities Regulation Panel will hear Reunert's appeal today |
| THE Securities Regulation Panel''''s (SRP''''s) executive committee will today hear Reunert''''s appeal against last week''''s panel ruling... |
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| Panasonic broadens specialist operation |
Moves by Reunert to separately list three divisions may accelerate change
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| Altron-BoE wants to switch off the lights at Reunert |
| The question is which company can get Old Mutual, Reunert's major shareholder, on its side, UNDER its brand name, Heinemann, Circuit Breaker Industries should be familiar to many householders... |
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| New chairman for Reunert |
Reunert non-executive chairman Clive Parker today announced his retirement from the Reunert Board of Directors. Derek Cooper has been appointed as the new chairman.
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April 1999
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Financial Mail |
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| Better stick with the devil you know |
Could Altron do a better management job? Shareholders of the R5bn/year turnover electronics and electrical group Reunert are probably wondering "where to from here?"
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April 1999
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Business Day |
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| Reunert spin a ploy to repel hostile bidders? |
THE spin that Reunert is putting on its interim results raises questions about whether the company is trying to create a profile to ward off a potentially hostile bid from a consortium consisting of BoE and competitor Altron.
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April 1999
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Business Day |
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| Reunert's listing plan may shake off predators |
REUNERT''''S recent proposal to separately list three of its divisions could help get market predators off the group''''s back.
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| Reunert bespreek aanbod van Altron met aandeelhouers |
Reunert is besig om met raadgewers en sy aandeelhouers te praat oor die aanbod wat die Altron/BOE-konsortium vir sy bates en laste gedoen het, maar sal eers ''''n aankondiging daaroor doen wanneer ''''n finale besluit geneem is.
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April 1999
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Business Day |
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| Takeover target posts a healthy rise |
SA ELECTRONICS-to-arms company Reunert, which rejected two separate takeover bids last week, posted a healthy, though expected, 25% rise in first half headline earnings a share yesterday.
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| Reunert announces interim results |
Johannesburg - The Reunert Limited Board today announced a highly satisfactory set of results for the six months to 31 March 1999.
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April 1999
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Business Day |
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| Stand up and take a bow, Reunert |
| THERE is a a growing tendency for minority shareholders to be regarded as soft targets by company managements which are fresh out of meaningful ideas for improving their results. |
April 1999
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Business Day |
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| Reunert request |
| THE BoE/Altron consortium submitted a formal written request to the board of Reunert yesterday for access to the information given to Brait... |
April 1999
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Business Day |
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| BoE-Altron set on due diligence probe |
THE BoE-Altron consortium made an informal request yesterday to be allowed to conduct a due diligence study at Reunert and was promptly turned down by the electronics-to-defence group''''s board.
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April 1999
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Business Day |
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| Reunert rejects due diligence by bidder |
Potential legal battle looms as chairman says group will not give access to a competitor, despite Securities Regulation Panel rules
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April 1999
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Business Day |
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| The bottom line |
THE differences between Reunert''''s board and bidders for the electrical engineering group over its value highlight the extent to which a company''''s worth is not simply a figure which can be calculated by accountants.
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April 1999
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Financial Mail |
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| The reluctant maiden says no, no |
| She thinks she's worth much more than her suitors are offering. A saga reminiscent of an American three-ring circus began in November 1998 when Spescom announced it was considering making an offer for Reunert. |
April 1999
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Business Day |
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| Fighting talk from Old Mutual in the wake of rejected offers |
THE Reunert board's rejection this week of two offers for the company on the grounds of not being fair value puts a new spin on events.
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April 1999
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Business Day |
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| New rules apply |
| THE unfolding struggle for control of electronics conglomerate Reunert is yet another sign of the gradual return of SA to the mainstream of global business. |
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| Altron en BOE besluit gou oor Reunert-aanbod. Konsortium dink nog daaroor |
Die Altron/BOE Private Equity-konsortium het nog nie ‘n besluit geneem oor ‘n moontlike aanbod aan Reunert-aandeelhouers nie, maar die konsortium het aangedui dat die besluit nog vandeesweek geneem kan word.
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| Reunert-direksie sê nee vir aanbod |
''''n Konsortium bestaande uit Altron en BOE Private Equity kan dalk binnekort ''''n aanbod aan die Reunert-groep se aandeelhouers doen om hul aandele teen R10,25 per aandeel of altesame byna R2,05 miljard te koop.
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| Reunert Rejects Brait and BOE |
Johannesburg – After serious consideration the board of Reunert Limited this morning unanimously rejected the offers made by both parties interested in taking over the company.
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March 1999
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Business Day |
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| Reunert takeover |
SA ARMS-to-electronics maker Reunert said yesterday it would either recommend or reject a R1,9bn takeover for the company next month after gaining more time to consider its response.
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| Reunert-groep herstruktureer sy sake verder |
Die Reunert-groep het sy sake verder herstruktureer deur sy direkte en indirekte belange in Telephone Manufacturers of South Africa (Temsa) vir R181,8 miljoen aan Marconi Communications te verkoop.
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| Reunert sells stake in Temsa to Marconi |
| As a further step in streamlining its business focus Reunert has sold its effective interest of 50% in GEC SA and its direct interest of 7,33% in Telephone Manufacturers of South Africa (Pty) Ltd (Temsa)... |
March 1999
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Business Day |
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| Polite barbarians wait at the gate of sluggish SA companies |
MANAGERS of underperforming conglomerates with languishing share prices should beware. In the words of the late-1980s best-seller about the leveraged buyout of US food and tobacco giant RJR Nabisco, the barbarians are at the gate.
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March 1999
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Financial Mail |
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| Potential for value extraction |
Assuming the financial engineers at Brait Capital succeed in their bid for control, the electrical engineering group Reunert is in for a new round of upheaval and change.
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| Brait doen 'n aanbod van R1,9 miljard vir Reunert |
Private aandelefondse onder die bestuur van Brait Capital Partners het ''''n aanbod van R1,9 miljard gedoen vir die bates van Reunert, ''''n genoteerde elektronika- en nywerheidsgroep.
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March 1999
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Business Day |
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| Brait eyes Reunert |
Financial service group launches R1,9bn takeover bid for defence and electronics conglomerate.
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February 1999
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Business Day |
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| Reunert continues to dump unwanted divisions |
ELECTRICAL and electronics group Reunert expects to conclude its restructuring process within the first six months of this year.
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| Reunert sells Belaz dump trucks to Great North Mining |
Electronics and electrical engineering group Reunert Limited has sold the last of its surface mining equipment to Pietersburg based Great North Mining (Pty) Ltd.
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| Reunert sells Belaz dump trucks to Great North Mining |
Electronics and electrical engineering group Reunert Limited has sold the last of its surface mining equipment to Pietersburg based Great North Mining (Pty) Ltd.
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January 1999
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Business Day |
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| Trading woes in engineering sector to persist this year |
TRADING woes that have led several companies in the engineering sector to issue profit warnings are expected to persist throughout this year with analysts forecasting a possible turnaround next year.
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December 1998
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Business Day |
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| Depressed local demand pushes Reunert offshore |
DEPRESSED local demand for electronic and electrical engineering products has pushed electronics group Reunert to an expansion of offshore business activities, said group CE, Gerrit Pretorius.
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December 1998
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Business Day |
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| Spescom denies interest in Reunert |
| INVESTMENT holding company Spescom Electronics chairman Tony Farah dispelled speculation yesterday... |
December 1998
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Business Day |
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| Reunert feud comes to head over arms spoils |
DEFENCE manufacturer Reunert has torpedoed a bid by its former CE to head arms parastatal Denel by taking him to court over front company accounts in Europe dating from the arms embargo era.
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December 1998
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Business Day |
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| Arms dealers fight over accounts |
| Complex situation has its roots in SA efforts to beat sanctions. WHEN arms dealers fall out, expect expensive lawyers to make a killing. |
November 1998
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Business Day |
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| Pirelli buys all Siemens' shares in African Cables |
PIRELLI Cables and Systems, which manufactures insulated electrical cables and motor car tyres, said on Friday it had bought all shares owned by Siemens in African Cables.
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November 1998
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Financial Mail |
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| Reunert shows renewed health, but there's plenty of unfinished business |
Is Reunert an undervalued share poised to benefit from several years of costly change? Or is this group still an anachronism which must be seen as a takeover - or even asset strip - prospect waiting to happen?
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| Reunert companies secure R20 million Mozal contracts |
| African Cables, Alstom Switchgear and ATC, all members of the Reunert group of companies, have secured contracts totaling more than R20 million from Billiton’s Mozal aluminium smelter in Mozambique. |
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| Reunert moves into Africa |
| Electronics and electrical engineering company Reunert Limited is to establish two representative offices in Africa as part of its marketing drive into the continent. |
