List of Glossary Terms
| E-MEDIA HOLDINGS LIMITED |
26 - 05 - 2020 E-Media Holdings (EMH) owns 67,7% of E-Media Investments which in turn runs ETV and E-News as well as other smaller operations. This company is investing heavily into multi-channel... read more |
| EAO |
This is an order handed down by a court in terms of which an amount may be deducted from an employee's income for the repayment of a creditor. Thousands of salary-earners have EAOs against their... read more |
| EARLY ENTRY |
A large price movement in one direction within the first 15 minutes after the open of the daily session. |
| EARMARKING |
The setting aside of funds by an organisation or individual for a specific purpose. In the context of government expenditure, funds collected from a specific source can be earmarked to be spent... read more |
| EARNINGS |
The profit of the company after taxation has been deducted. This figure is shown in the income statement and is used for calculating the return on shareholders' funds. The company tax rate in... read more |
| EARNINGS |
The earnings of a company are its profits. They are calculated by deducting the expenses of a period from the incomes of the same period. Earnings in South Africa are subject to taxation at 28%.... read more |
| EARNINGS BEFORE INTEREST AND TAXATION |
This earnings figure, better known as EBIT, shows the company's earnings before the cost of interest-bearing debt and taxation. It does not exclude the cost of assets (depreciation) or impairments... read more |
| EARNINGS BEFORE INTEREST, TAXATION, DEPRECIATION AND AMORTISATION |
This is shortened to EBITDA and it shows the company's profits before non-operational costs. This allows investors to see the company's operating performance. Some companies express the gearing... read more |
| EARNINGS ESTIMATES |
The estimated earnings projected for a company for a fiscal year. Estimating future earnings is an art. It depends on both internal factors within the company such as working capital management,... read more |
| EARNINGS MULTIPLE |
The market price of a share divided by its most recent average annual earnings per share. This gives the reciprocal of the "earnings yield", and is used by some investors to compare shares with... read more |
| EARNINGS PER SHARE |
A company's earnings (profit) divided by the number of ordinary shares usually expressed as a number of cents per share. The earnings per share (EPS) includes all the companies incomes and expenses... read more |
| EARNINGS YIELD |
Earnings per share expressed as a percentage of the current market price of the share. For example, a company with 25 cents earnings per share and a market price of 250 cents would have an earnings... read more |
| EASTERN PLATINUM LIMITED |
08 - 06 - 2020 East Plats (EPS) is a mining exploration and development company engaged in the platinum group metals (PGM) and chrome markets in South Africa. The company is listed on the... read more |
| EBIT |
This earnings figure, better known as EBIT, shows the company's earnings before the cost of interest-bearing debt and taxation. It does not exclude the cost of assets (depreciation) or impairments... read more |
| EBITDA |
This is shortened to EBITDA and it shows the company's profits before non-operational costs. This allows investors to see the company's operating performance. Some companies express the gearing... read more |
| ECB |
The Central Bank for the European Union. |
| ECONOMETRICS |
This is the application of statistics and probability to economic data. Like all social sciences, economics is measuring the behaviour of people and developing rules based on their behavioural... read more |
| ECONOMIC CONTRACTION |
A cyclical period of lower economic activity, occurring at regular intervals; as opposed to a depression, which is a period of major economic downturn with high unemployment and declining gross... read more |
| ECONOMIC GROWTH |
In the context of economics, this refers to the increase in a country's gross domestic product (GDP). GDP growth is impacted by many things, but mainly by consumer spending which, in South Africa,... read more |
| ECONOMIC INDICATORS |
Every week there are a variety of economic indicators which are published. The Business Day runs a special column on Mondays explaining which indicators are going to be published that week and... read more |
| ECONOMIC SANCTIONS |
Economic penalties which are imposed on one country, organisation or individual by one or more countries with the objective of getting that country, organisation or individual to change their... read more |
| ECONOMIC STIMULUS |
A mechanism to encourage economic activity within the economy. The Monetary Policy Committee (MPC) meets every two months to decide whether to reduce interest rates, increase them or leave them... read more |
| ECONOMICS |
The study of the allocation of scarce resources within a country and between countries. Economics is a social science because it looks at human behaviour and how people make financial decisions.... read more |
| ECONOMIES OF SCALE |
Achieving economies of scale is the objective of every manufacturing business, because it substantially reduces costs and increases profitability. There is a distinct advantage to size in manufacturing,... read more |
| ECONOMY |
The economy of a country is the aggregate of all economic activity within that country. It is measured in various ways to determine whether it is growing or shrinking. The most commonly used... read more |
| ECS |
03 - 09 - 2020 Ecsponent (ECS) is a penny stock, listed in the venture capital fledgling sector of the JSE. The company presents itself as a financial services group with operations in Botswana,... read more |
| ECSPONENT LIMITED |
03 - 09 - 2020 Ecsponent (ECS) is a penny stock, listed in the venture capital fledgling sector of the JSE. The company presents itself as a financial services group with operations in Botswana,... read more |
| EEL |
01 - 09 - 2020 Efora Energy (EEL) is an African oil and gas company incorporated in 1993 and listed on the JSE in October 1994. The company is involved in numerous projects from oil production... read more |
| EFFECTIVE TAXATION RATE |
This is the percentage of its taxable income that a company pays to the Receiver. The Income Tax Act allows companies to deduct certain initial and investment allowances when they purchase capital... read more |
| EFFICIENT MARKET |
The basis of modern portfolio theory, the efficient market hypothesis, maintains that all information is already discounted by the market and reflected in share prices due to market participants... read more |
| EFFICIENT MARKET THEORY |
The basis of modern portfolio theory, the efficient market hypothesis, maintains that all information is already discounted by the market and reflected in share prices due to market participants... read more |
| EFG |
25 - 11 - 2019 The Efficient Group (EFG) is an asset management and financial services group managed by well-known economist, Dawie Roodt (who is also a 5,7% shareholder). It is involved... read more |
| EFORA ENERGY LIMITED |
01 - 09 - 2020 Efora Energy (EEL) is an African oil and gas company incorporated in 1993 and listed on the JSE in October 1994. The company is involved in numerous projects from oil production... read more |
| EIA |
The EIA describes itself as, "The U.S. Energy Information Administration (EIA) collects, analyzes, and disseminates independent and impartial energy information to promote sound policymaking,... read more |
| ELASTICITY |
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| ELB GROUP LIMITED |
08 - 09 - 2020 The Elb Group Limited (ELR), formally Edward L Bateman, is an engineering and construction company that is involved in materials handling, minerals separation, power solutions... read more |
| ELECTRONIC ORDER |
An order placed electronically (without the use of a broker) either via the Internet or an electronic trading system. |
| ELECTRONIC SCRIP REGISTER |
After dematerialisation in South Africa, physical share certificates were replaced by an electronic record and share registers were replaced by an electronic scrip register. Obviously, the electronic... read more |
| ELECTRONIC SETTLEMENT |
Settlement of securities transactions on a T+3 rolling contractual settlement cycle through STRATE, the electronic settlement system. |
| ELECTRONIC TRADING HOURS |
The U.S. after-hours markets during the evenings. Futures contracts trading during ETH do so on electronic trade matching platforms such as Globex or A/C/E. |
| ELECTRONIC TRADING SYSTEMS |
Systems that allow participating exchanges to list their products for trading after the close of the exchange's open outcry trading hours (i.e., Chicago Board of Trade's A/C/E, Chicago Mercantile... read more |
| ELI |
09 - 03 - 2020 Ellies (ELI) is a fledgling electronics company which imports and distributes electrical products and supplies solar power solutions. From its heyday in 2013 when the share... read more |
| ELLIES HOLDINGS LTD |
09 - 03 - 2020 Ellies (ELI) is a fledgling electronics company which imports and distributes electrical products and supplies solar power solutions. From its heyday in 2013 when the share... read more |
| ELLIOT IMPULSE WAVE |
The strong moves in Elliot Wave theory which move in the direction of the larger degree wave. In Elliot Wave theory there ware two types of waves: impulse and corrective. Impulse waves are the... read more |
| ELLIOTT WAVE |
A pattern-recognition technique published by Ralph Nelson Elliott in 1939, which holds that the stock market follows a rhythm or pattern of five waves up and three waves down to form a complete... read more |
| ELLIOTT WAVE THEORY |
A pattern-recognition technique published by Ralph Nelson Elliott in 1939, which holds that the stock market follows a rhythm or pattern of five waves up and three waves down to form a complete... read more |
| ELR |
08 - 09 - 2020 The Elb Group Limited (ELR), formally Edward L Bateman, is an engineering and construction company that is involved in materials handling, minerals separation, power solutions... read more |
| EMBEDDED DERIVATIVE |
This is a derivatives contract that is made part of a commercial agreement. The idea is that the derivative contract only comes into play if and when, certain conditions are met. The objective... read more |
| EMBEDDED VALUE |
Thi is an insurance term which means the current value of future earnings plus net asset value (NAV). Embedded value approximates the value of the shareholder's interest in the company - and... read more |
| EME |
An exempted micro enterprise (EME) is a small business in South Africa that is exmpted from the requirements of the Broad Based Balck Economic Empowerment Act (53 of 2003) because of its small... read more |
| EMERGING MARKET |
An economy which is in a development phase - as opposed to a first-world economy which is said to be fully developed. Emerging economies generally enjoy more rapid growth than first world economies,... read more |
| EMERGING MARKETS INDEX |
An average index of the stock markets of emerging economies produced and maintained by Morgan Stanley Capital International (MSCI). It is weighted 40,95% China, 12,28% Taiwan, 11,61% Korea, 8,02%... read more |
| EMH |
26 - 05 - 2020 E-Media Holdings (EMH) owns 67,7% of E-Media Investments which in turn runs ETV and E-News as well as other smaller operations. This company is investing heavily into multi-channel... read more |
| EMI |
01 - 09- 2020 Emira Property (EMI) is a real estate investment trust (REIT) which has substantial exposure to the South African economy through its office properties. It owns 79 properties... read more |
| EMIRA PROPERTY FUND |
01 - 09- 2020 Emira Property (EMI) is a real estate investment trust (REIT) which has substantial exposure to the South African economy through its office properties. It owns 79 properties... read more |
| EMOLUMENTS ATTACHMENTS ORDER |
This is an order handed down by a court in terms of which an amount may be deducted from an employee's income for the repayment of a creditor. Thousands of salary-earners have EAOs against their... read more |
| EMPHASIS OF MATTER |
An audit opinion which is specifically meant to draw attention to a particular point in the financials. Listed companies which have an emphasis of matter are marked with the letter "E" by the... read more |
| EMPLOYEE |
A person who exchanges their time and skill for a salary or wage. Labour is one of the four factors of production and every adult can engage in employment to earn their living. The more highly... read more |
| EMPLOYEE SHARE INCENTIVE SCHEME |
Most listed companies use their shares to motivate their employees through an employee share option scheme. This usually involves the employee getting options to buy a certain quantity of shares... read more |
| EMPLOYMENT EQUITY ACT |
This Act is aimed at redressing the wrongs of the Apartheid era and ensuring that employment is not racially based. It does this by trying to ensure that companies above a certain size (with... read more |
| ENCUMBERED |
The word "encumbered" is applied to assets which are bonded or otherwise used as security to cover a loan. |
| END OF DAY PRICE |
This is closing price of a share at the end of the trading day. Most software available to private investors makes use of end of day data. The JSE provides a feed of such data for a royalty... read more |
| ENDOWMENT |
An endowment insurance policy is a type of savings/investment. A pure endowment offers no risk or term insurance. The problem with these policies is that they generally give a very low return... read more |
| ENERGY INFORMATION ADMINISTRATION (EIA) |
The EIA describes itself as, "The U.S. Energy Information Administration (EIA) collects, analyzes, and disseminates independent and impartial energy information to promote sound policymaking,... read more |
| ENGULFING GREEN |
A bottom candlestick reversal signal, this is a two candlestick pattern consisting of a large green candle enveloping a preceding red candle. This pattern implies that the trend is likely to... read more |
| ENGULFING PATTERN |
In candlestick terminology, a multiple candlestick line pattern; a major reversal signal with two opposing-color real bodies making up the pattern (also referred to as a tsutsumi). An engulfing... read more |
| ENTERPRISE OUTSOURCING HOLDINGS LTD |
10 - 06 - 2020 Enterprise Outsourcing Holdings (EOH) was Africa’s largest information technology company with involvement in almost every aspect of computer applications. The company... read more |
| ENTREPRENEUR |
This is a "go-getter" who establishes and runs a business for his own account and shares in the risks and profits. |
| ENTRY |
The point at which a trader gets into a position in the market. |
| ENTRY THRESHOLD |
This is the cost of establishing a new business in a particular industry. Some industries require a considerable capital investment to be viable and so have a high entry threshold. For example,... read more |
| ENVELOPE |
Lines surrounding an index or indicator - that is, trading bands. |
| ENX |
01 - 06 - 2020 The enX Group (ENX) is a "diversified industrial group that provides branded products and services to the petrochemical, fleet management, logistics and industrial sectors.”... read more |
| ENX GROUP LIMITED |
01 - 06 - 2020 The enX Group (ENX) is a "diversified industrial group that provides branded products and services to the petrochemical, fleet management, logistics and industrial sectors.”... read more |
| EOH |
10 - 06 - 2020 Enterprise Outsourcing Holdings (EOH) was Africa’s largest information technology company with involvement in almost every aspect of computer applications. The company... read more |
| EPE |
14-09-2020 Ethos Capital Partners (EPE) is a private equity fund (PEF), incorporated in Mauritius, which invests into unlisted companies for long-term capital appreciation on behalf of its... read more |
| EPE CAPITAL PARTNERS LIMITED |
14-09-2020 Ethos Capital Partners (EPE) is a private equity fund (PEF), incorporated in Mauritius, which invests into unlisted companies for long-term capital appreciation on behalf of its... read more |
| EPP |
21- 09 - 2020 EPP is a Dutch-based real estate investment trust (REIT), listed on both the JSE and the Luxembourg Stock Exchange, and is owned 39% by Redefine. It owns 25 retail centers... read more |
| EPP NV REIT |
21- 09 - 2020 EPP is a Dutch-based real estate investment trust (REIT), listed on both the JSE and the Luxembourg Stock Exchange, and is owned 39% by Redefine. It owns 25 retail centers... read more |
| EPS |
A company's earnings (profit) divided by the number of ordinary shares usually expressed as a number of cents per share. The earnings per share (EPS) includes all the companies incomes and expenses... read more |
| EQU |
11 - 05 - 2020 Equites (EQU) is the only real estate investment trust (REIT) on the JSE which specialises in industrial logistics and distribution properties in South Africa and the UK.... read more |
| EQUILIBRIUM |
A price region that represents a balance between demand and supply. This is a microeconomics term which suggests that in any free market supply and demand are opposing forces which reach a balance... read more |
| EQUILIBRIUM MARKET |
A price region that represents a balance between demand and supply. This is a microeconomics term which suggests that in any free market supply and demand are opposing forces which reach a balance... read more |
| EQUITES PROPERTY FUND LTD |
11 - 05 - 2020 Equites (EQU) is the only real estate investment trust (REIT) on the JSE which specialises in industrial logistics and distribution properties in South Africa and the UK.... read more |
| EQUITY |
That portion of share capital which carries risk, and shares in profits through dividends that are dependent on profitability. Ordinary shares are often called equity shares, and other types... read more |
| EQUITY ACCOUNTING |
When a company owns more than 20% of another company, then in terms of IAS 28, that company is an associate company and it must be valued at its cost plus any increase in net asset value. Investments... read more |
| EQUITY INVESTOR |
A natural person (rather than a corporate entity) who invests on the stock market either directly or indirectly. Private investors make up only about 10% of the trades done on the JSE. The other... read more |
| EQUITY SHARE |
Also sometimes called "equity" shares, these shares share in the profits and risks of the company. Unlike the fixed dividend paid to preference shareholders, the ordinary dividend is decided... read more |
| EQUIVOLUME CHART |
Created by Richard W. Arms in 1963, a chart in which the vertical axis is the high-low range for each day, while the horizontal axis represents the volume of shares of stock or the number of... read more |
| ERIN ENERGY CORPORATION |
29 - 05 - 2019 This is a bankrupt oil and gas exploration company which was listed in New York and on the JSE in 2014. The company is 56,7% held by Camac Energy Holdings, which is a company said... read more |
| ERN |
29 - 05 - 2019 This is a bankrupt oil and gas exploration company which was listed in New York and on the JSE in 2014. The company is 56,7% held by Camac Energy Holdings, which is a company said... read more |
| ESCROW |
An escrow account is one which is under the control of a third party (usually an attorney) who then determines when the funds can be released for payment based on specified conditions. Escrow... read more |
| ESOR LTD |
This was one of South Africa's large listed construction and engineering companies involved in sanitation, pipelines, building and housing. Esor (ESR) recently went into business rescue in August... read more |
| ESR |
This was one of South Africa's large listed construction and engineering companies involved in sanitation, pipelines, building and housing. Esor (ESR) recently went into business rescue in August... read more |
| ESTATE DUTY |
A tax on a deceased estate. In South Africa, estate duty is 20% on the first R30m of an estate and then 25% on any amount above that. |
| ESTIMATED EPS CHANGE |
Change in estimated mean earnings per share for the current fiscal year from the last month, last three months and last six months to the current month. |
| ETF |
Collections of securities that are bought and sold as a package on an exchange. Essentially, buying an ETF means tracking a group or "basket" of shares, bonds or commodities, and sometimes an... read more |
| ETION LIMITED |
14 - 08 - 2020 Etion (ETO), previously Ansys, is an Alt-X listed technology company that started 31 years ago and listed on the JSE in June 2007. It seeks to capitalise on the digital revolution... read more |
| ETN |
A debt security traded on a stock exchange. An exchange trade note (ETN) is similar to an exchange traded fund (ETF) in that they both track underlying assets and both are traded on a stock exchange... read more |
| ETO |
14 - 08 - 2020 Etion (ETO), previously Ansys, is an Alt-X listed technology company that started 31 years ago and listed on the JSE in June 2007. It seeks to capitalise on the digital revolution... read more |
| EURIBOR |
This is abreviated to "euribor" and it is an interest rate which is based on the average rates for unsecured funds at European banks. It is Europe's equivalent of the London interbank offer rate... read more |
| EURO INTERBANK OFFERED RATE |
This is abreviated to "euribor" and it is an interest rate which is based on the average rates for unsecured funds at European banks. It is Europe's equivalent of the London interbank offer rate... read more |
| EURODOLLAR |
Dollars deposited in foreign banks, with the futures contract reflecting the rates offered between London branches of top US banks and foreign banks. |
| EUROPA METALS LIMITED |
31 - 07 - 2020 Europa (EUZ) is a European metals developer which operates primarily in Spain where it mines lead, zinc and silver. They own 100% of the Toral project in Leon Province which... read more |
| EUROPEAN CENTRAL BANK |
The Central Bank for the European Union. |
| EUROPEAN OPTION |
... read more |
| EUROPEAN UNION (EU) |
The principal goal of the EU has been to establish a single European currency called the Euro, to officially replace the national currencies of the member EU countries. On January 1, 1999, the... read more |
| EUROSTOXX |
The Eurostoxx 50 index is an index (weighted average) of the 50 largest and most liquid stocks trading in the Eurozone. It is just one of the indexes offered by Stoxx - which is owned by the... read more |
| EUZ |
31 - 07 - 2020 Europa (EUZ) is a European metals developer which operates primarily in Spain where it mines lead, zinc and silver. They own 100% of the Toral project in Leon Province which... read more |
| EVENING STAR |
A candlestick formation which is the bearish counterpart of the morning star pattern; a top reversal, it should be acted on if it arises after an uptrend. The morning star and evening star formations... read more |
| EX OFFICIO DIRECTOR |
This is a person who is deemed to be a director by virtue of his office or function within an organisation. Section 66 (4) (a) (ii) of the Companies Act (71 of 2008) states: "a person to be an... read more |
| EX-DIV |
A share is "ex div" once the last day to trade has passed. Any sales after the last day to trade are done on the basis that the dividend accrues to the buyer, even if it has not yet been actually... read more |
| EX-DIVIDEND DATE |
The day on which the right to receive a current dividend is not automatically transferred to a buyer. This is usually the Monday after the last day to register for the dividend. On this day the... read more |
| EXCHANGE |
A securities exchange that is properly formulated and run in accordance with an Act of Parliament. The Johannesburg Securities Exchange (JSE) is an organised exchange and there are many others... read more |
| EXCHANGE CONTROL |
This is a set of rules and limitations placed on the trade in foreign currencies. The normal objective of exchange control is to enable the government to stabilise the flow of funds into and... read more |
| EXCHANGE RATE |
An exchange rate is the rate at which one currency can be traded for another. Thus, for example, the rand trades against the US dollar at rates which fluctuate throughout the day. The same is... read more |
| EXCHANGE TRADED FUND |
Collections of securities that are bought and sold as a package on an exchange. Essentially, buying an ETF means tracking a group or "basket" of shares, bonds or commodities, and sometimes an... read more |
| EXCHANGE TRADED NOTE |
A debt security traded on a stock exchange. An exchange trade note (ETN) is similar to an exchange traded fund (ETF) in that they both track underlying assets and both are traded on a stock exchange... read more |
| EXEMPLAR RETAIL LIMITED |
29 - 05 - 2020 Exemplar (EXP) is a real estate investment trust (REIT) which specialises in developing rural shopping centres through its relationship with McCormick Property Development.... read more |
| EXEMPT INCOME |
In terms of the Income Tax Act natural persons (i.e. not corporate entities) do not have to pay tax on interest income from a South African source up to R23800 per annum (and R34500 for people... read more |
| EXEMPT SUPPLIES |
South Africa has Value Added Tax of 15% which is levied on all products except for what are known as "exempt supplies" - which include education, after-care for children, rentals, and certain... read more |
| EXEMPTED MICRO ENTERPRISE |
An exempted micro enterprise (EME) is a small business in South Africa that is exmpted from the requirements of the Broad Based Balck Economic Empowerment Act (53 of 2003) because of its small... read more |
| EXERCISE |
The process by which the holder of an option makes or receives delivery of shares of the underlying security. |
| EXHAUSTION GAP |
When a share's price has been rising for some time and quickly, it will sometimes have a day where the lowest price is far above the previous day's high price - this shows on the chart as a gap... read more |
| EXIT |
The point at which a trader closes out of a trade. |
| EXP |
29 - 05 - 2020 Exemplar (EXP) is a real estate investment trust (REIT) which specialises in developing rural shopping centres through its relationship with McCormick Property Development.... read more |
| EXPANSIONARY POLICY |
A policy of the Reserve Bank's Monetary Policy Committee (MPC) to stimulate the economy by reducing interest rates and other expansionary monetary policies such as buying back government bonds... read more |
| EXPENDITURE |
This is an economics term which refers to the total expenditure within the economy. It is a method of calculating gross domestic product. The formula is: Gross Domestic Product = Consumer... read more |
| EXPENSE |
This something which a company has to pay for. Companies have two types of expenses - those which go up and down with sales and those which have to be paid even if there are no sales. The variable... read more |
| EXPENSE RATIO |
This is a ratio used in the insurance industry to establish the direct costs associated with acquiring, servicing and underwriting the premiums earned by the company. These costs could include... read more |
| EXPENSIVE |
A term used by analysts and investors to describe a share which is trading above what they perceive to be its real value. Obviously, this is a value judgement and each analyst and investor will... read more |
| EXPIRATION DATE |
Generally the last date on which an option may be exercised. It is not uncommon for an option to expire on a specified date during the month prior to the delivery month for the underlying futures... read more |
| EXPONENTIAL MOVING AVERAGE |
An exponential moving average (EMA) is one in which the latest prices in the moving average are weighted much more heavily than the oldest prices. The weighting varies over the period of the... read more |
| EXPONENTIAL SMOOTHING |
A mathematical-statistical method of forecasting that assumes future price action is a weighted average of past periods; a mathematic series in which greater weight is given to more recent price... read more |
| EXPONENTIAL WEIGHTING |
Moving averages are the most basic form of line chart in technical analysis. They are more commonly used in conjunction with other indicators than as indicators in their own right. One of the... read more |
| EXPORT LED |
A term used by economists to explain the fact that economic booms in South Africa are generally caused by a strong recovery in commodity exports and prices. This is because South Africa is primarily... read more |
| EXPOSED |
The degree to which a portfolio or other investment is susceptible to risk from certain factors. For example, a share in a company whose main business is importing would be highly "exposed" to... read more |
| EXPOSURE |
The degree to which a portfolio or other investment is susceptible to risk from certain factors. For example, a share in a company whose main business is importing would be highly "exposed" to... read more |
| EXPRESSION OF INTEREST |
An expression of interest (EOI) is an approach by an acquisitive company which seeks to acquire another company. They would first send an EOI - and then engage in discussions with the target... read more |
| EXPROPRIATION OF LAND |
The compulsory taking over of land by the government of a country. In most capitalist countries the right of... read more |
| EXTRACT GROUP LIMITED |
Extract (EXG) has only one operating division and that is MCC Contract and Mining Services which offers services to open cast mines including drilling, blasting, load hauling and rehabilitation.... read more |
| EXTRAORDINARY ITEM |
An Income Statement item which shows an expense or income which is not part of the company's normal business. For example, if a supermarket chain sells a piece of land and makes a profit, then... read more |
| EXX |
14 - 08 - 2020 Exxaro (EXX) is South Africa's BEE coal company with interests in iron and heavy minerals. It has interests in Australia, America and Europe. It is a provider of coal to Eskom's... read more |
| EXXARO RESOURCES LTD |
14 - 08 - 2020 Exxaro (EXX) is South Africa's BEE coal company with interests in iron and heavy minerals. It has interests in Australia, America and Europe. It is a provider of coal to Eskom's... read more |
| EY |
Earnings per share expressed as a percentage of the current market price of the share. For example, a company with 25 cents earnings per share and a market price of 250 cents would have an earnings... read more |