TradingView
PDSnetSA
20 nov 2023 05:15

Our opinion on the current state of AHL 

AH-VEST LIMITEDJSE

Beskrivning

AH Vest (AHL) produces a range of sauces under the All-Joy brand and seeks to diversify into ready meals, soups and canned vegetables. It is the second largest producer of tomato sauce in South Africa. In its financials for the year to 30th June 2023 the company reported revenue up 2,5% and headline earnings per share (HEPS) down 33,2%. The company said, "The gross profit margin decreased by 3.1% from 37.9% to 34.9% in the current year. This was mainly attributable to higher raw material input costs, higher production costs caused by load shedding and higher shipping costs". The problem with this share is that it is virtually untraded on the JSE, making it impossible for private investors.
Mer