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BSI Steel Ltd (BSSJ.J)

BSSJ.J on Johannesburg Stock Exchange

28.00ZAc
17 Oct 2017
Change (% chg)

-1.00 (-3.45%)
Prev Close
29.00
Open
27.00
Day's High
30.00
Day's Low
27.00
Volume
18,705
Avg. Vol
33,778
52-wk High
51.00
52-wk Low
25.00

Latest Key Developments (Source: Significant Developments)

BSI Steel says possible closure of Pietermaritzburg branch
Wednesday, 27 Sep 2017 03:05am EDT 

Sept 27 (Reuters) - BSI STEEL LTD ::‍REVIEWING VIABILITY OF SERVICING KZN MARKET THROUGH CURRENT PIETERMARITZBURG WAREHOUSE AND OFFICE STRUCTURE​.‍RELOCATING COMPANY'S ADMINISTRATION FUNCTION TO BSI KLIPRIVIER OFFICE IN GAUTENG​.RESTRUCTURE WILL RESULT IN AN EFFICIENT, HIGHLY COST-EFFECTIVE DISTRIBUTION PLATFORM, GEARED TO MEET SERVICE AND PRICE EXPECTATIONS GOING FORWARD.‍ENTERING INTO A CONSULTATION PHASE WITH STAFF TO EXPLORE OPTIONS ON HOW TO PRESERVE JOBS IN PMB​.  Full Article

BSI Steel ‍to proceed towards seeking delisting of BSI from JSE​
Tuesday, 26 Sep 2017 02:00am EDT 

Sept 26 (Reuters) - BSI STEEL LTD ::‍TO PROCEED TOWARDS SEEKING A DELISTING OF BSI FROM JSE​.‍PROPOSED DELISTING ASSESSMENT IS STILL IN PROGRESS.  Full Article

BSI Steel sees 6-months HEPS at least 40 pct or 1.7 cents lower
Friday, 15 Sep 2017 08:24am EDT 

Sept 15 (Reuters) - Bsi Steel Ltd :‍BASIC EPS AND HEPS FOR SIX MONTH PERIOD ENDING 30 SEPTEMBER 2017 ARE EXPECTED TO BE AT LEAST 40% OR 1.7 CENTS LOWER THAN YEAR EARLIER​.  Full Article

BSI Steel to proceed towards seeking a delisting of BSI from JSE
Monday, 14 Aug 2017 09:17am EDT 

Aug 14 (Reuters) - BSI STEEL LTD ::BSI STEEL LTD - BOARD OF DIRECTORS OF BSI HAS BEEN CONSIDERING CONTINUED VIABILITY OF LISTING OF BSI ON ALTERNATIVE EXCHANGE OPERATED BY JSE LIMITED.BSI STEEL LTD - BOARD HAS RESOLVED, IN PRINCIPLE, TO PROCEED TOWARDS SEEKING A DELISTING OF BSI FROM JSE.BSI STEEL LTD - BOARD APPOINTED SASFIN CAPITAL AS CORPORATE ADVISORS TO ADVISE BOARD ON MOST APPROPRIATE DELISTING STRATEGY AND IMPLEMENTATION THEREOF.  Full Article

BSI Steel FY revenue down 6 pct in comparison to 2016
Friday, 14 Jul 2017 07:06am EDT 

July 14 (Reuters) - BSI Steel Ltd ::FY revenue dropped by 6 pct in comparison to 2016.FY ‍headline earnings per share 1.4 cents versus 5.3 cents year ago​.No dividend will be declared for year ended 31 March 2017.‍FY headline earnings attributable to ordinary shareholders 9.9 million rand versus 37.1 million rand year ago​.  Full Article

BSI steel says no dividend to be declared for year ended March
Tuesday, 11 Jul 2017 08:46am EDT 

July 11 (Reuters) - bsi Steel Ltd :No dividend will be declared for year ended 31 March 2017.  Full Article

BSI Steel says Isilo Investments to buy 51.12 pct stake in unit
Monday, 19 Jun 2017 10:28am EDT 

June 19 (Reuters) - BSI Steel Ltd ::Isilo Investments will acquire 51.12 pct stake in Isilo Steel; will result in Isilo Steel being 51 pct black owned and 30 pct black women owned.  Full Article

BSI Steel says in talks to sell majority stake in Isilo Steel
Thursday, 18 May 2017 05:28am EDT 

May 18 (Reuters) - Bsi Steel Ltd ::Is in discussions with potential b-bbee investor regarding disposal of a majority stake in isilo steel (pty) ltd to b-bbee investors..Discussions may lead to conclusion of formal agreements with b-bbee investors.Bsi steel - should agreements embodying terms and conditions of discussions be concluded, it may have a material effect on price of company's securities.  Full Article

BSI Steel to sell its 45 pct stake in Qinisa Steel Solutions Proprietary to Grant Mackenzie
Tuesday, 4 Apr 2017 10:59am EDT 

Bsi Steel Ltd : Entered into a sale agreement with Grant Mackenzie and trustees representing Jamand Trust . BSI will sell its 45 pct interest in issued share capital of Qinisa to Mackenzie . BSI will sell its loan account against Qinisa as at effective date to trust .Total purchase price for disposal is 9 million rand.  Full Article

BSI Steel sees HEPS for 6-mnths ended Sept. 30 up between 14.3-25.7 pct
Tuesday, 25 Oct 2016 10:59am EDT 

BSI Steel Ltd : Trading statement .HEPS for six month period ended Sept. 30 expected between 4.0 cents-4.4 cents, an increase of between 14.3 pct and 25.7 pct.  Full Article

No consensus analysis data available.