EOH Collapse

The story of EOH over the past 22 years on the JSE is very instructive for private investors.

On Tuesday, 18th September 2001, 22 years ago, EOH shares closed at 70c a share. They eventually reached a high point of R174 a share at the end of September 2016. During those 15 years, interrupted by the sub-prime crisis


The Spur group is an iconic South African brand focused on the fast-food restaurant business. Aside from the Spur Steak Ranches chain it also owns Panarottis, John Dory's, The Hussar Grill, RocoMamas, Casa Bella, Nikos and Modrockers. It has restaurants in Australia, The Middle East, India, Mauritius and other Africa countries like Namibia, Nigeria, Zambia, and Kenya. Altogether it has 639

Bond Collapse

The bond market moves inversely to the level of interest rates. When rates go up, the value of bonds falls and vice versa.

A bond is a debt instrument, literally an “I.O.U” whereby money borrowed for a fixed period of time pays a fixed rate of interest (known as its “coupon”). Thus, for example,