TITLE

Almost a crystal ball

AUTHOR(S)
Laschinger, Kirsty
PUB. DATE
March 2005
SOURCE
Finance Week;3/28/2005 Supplement, p12
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article provides information on the internal rate of return (IRR), which a key measure of a company's financial health, and focuses on the top performers in this year's list from Bureau for Financial Analysis. The top rankings in the internal rate of return table reflect the positive side of capitalism--showing the wealth-creating ability of JSE Securities Exchange SA-listed companies--and the miracle of compound interest. The calculation is made using the discounted cash flow basis. At the top of the table, Mvelaphanda Resources' five-year IRR has slipped to 146.8% from last year's 184.6%, reflecting the higher base from which Tokyo Sexwale's group is now operating. Sasani's brief appearance at 197th place won't be repeated following the recent announcement that it's to be carved up and delisted.
ACCESSION #
16770680

 

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