adapt it

  1. Jan

    South African tech shares — one company up 1,100% in ten years

    South African tech shares — one company up 1,100% in ten years South African tech stocks have experienced a lot of volatility over the last decade, with the best-performing share, Alaris, gaining 1,100% and the worst-performing share, Ellies, losing 90.2%. The global tech stock rally over the...
    • Jan
    • Thread
    • adapt it alaris alviva blue label telecoms ellies eoh mtn mustek silverbridge tech stocks telemasters telkom vodacom
    • Replies: 0
    • Forum: Broadband and IT News
  3. Jan

    Adapt IT's expansion plans after Volaris acquisition and JSE delisting

    Adapt IT's big plans following JSE delisting Adapt IT has big plans to expand its offerings in Africa and are looking at acquisition opportunities following its acquisition by Volaris Group and delisting from the JSE. 2021 was a turbulent year for Adapt IT, with a bidding war for the company...
  4. Jan

    Adapt IT delisted as Volaris deal goes through

    Adapt IT delists from JSE after Volaris acquisition South African technology services company Adapt IT Holdings Limited has delisted from the JSE following its acquisition by Canadian company Volaris Group Inc, effective 3 January 2021. "All conditions and regulatory approvals have now been...
  5. Hanno Labuschagne

    Adapt IT to delist from JSE

    Adapt IT to delist from JSE South African technology services company Adapt IT has informed its shareholders that it will officially be delisted from the JSE from 4 January 2022. The delisting comes after it agreed to an offer from Canadian company Volaris to acquire up to 100% of the issued...
  6. Jan

    How Tiffany Dunsdon runs Adapt IT from Australia

    Running a top South African IT company from Australia New Adapt IT CEO Tiffany Dunsdon runs the JSE listed IT company from Perth, Australia, and she said residing overseas posed no problems getting the work done. Dunsdon was appointed as Adapt IT following the resignation of Sbu Shabalala...
    • Jan
    • Thread
    • adapt it infowave holdings microzone sbu shabalala tiffany dunsdon
    • Replies: 41
    • Forum: Broadband and IT News
  7. Jan

    Curious trades of Adapt IT shares following financial results release

    Strange Adapt IT share trades following results Adapt IT released its financial results for the year ended 30 June 2021, which revealed muted organic revenue growth of 1% and a 10% decline in EBITDA. The company’s earnings per share (EPS) was down 2% to 50 cents, while normalised headline EPS...
  8. Jan

    Huge Group sends message to shareholders of Adapt IT

    Huge Group's message to Adapt IT shareholders Huge Group has released a video that promotes its offer to Adapt IT shareholders, saying it provides better prospects to shareholders than Volaris’ R7.00 per share cash offer. This video followed a statement from Adapt IT on 30 June 2021, saying...
  9. Jan

    Investment analyst explains strange Adapt IT share price moves

    Adapt IT's strange share price moves explained Adapt IT’s share price has declined from R7.46 on 31 May to R6.30 on 18 June despite receiving higher offers from Huge Group and Volaris. Late last month, Huge Group increased its offer to Adapt IT shareholders from an effective R5.52 per share to...
  10. Hanno Labuschagne

    Adapt IT board rejects Huge Group offer

    Adapt IT board rejects Huge Group offer The board of Adapt IT has recommend that its shareholders reject the offer of Huge Group to acquire all of the company's issued shares. This comes after Huge Group had in January made a general offer to acquire up to 100% of the entire issued share...
  11. Chris

    Adapt IT and Volaris deals under threat following Sbu Shabalala's assault allegations

    Adapt IT and Volaris deals under threat following Sbu Shabalala's assault allegations Sasfin Securities deputy chairman, David Shapiro, says there will be pressure on Volaris and Huge Group to step back from their plans to acquire Adapt IT following allegations of armed assault against CEO Sbu...
    • Chris
    • Thread
    • adapt it constellation huge group sbu shabalala sipho nzuza tiffany dunsdon volaris
    • Replies: 2
    • Forum: Broadband and IT News
  12. Hanno Labuschagne

    Huge Group CEO says Adapt IT shareholders are missing out on R300 million

    Huge Group CEO says Adapt IT shareholders are missing out on R300 million Adapt IT and its shareholders lost out on around R300 million by signing a long-term lease agreement for its Johannesburg head office instead of buying the building. Six years ago, Adapt IT initiated a project to develop...
  13. Chris

    Questions raised over Adapt IT CEO Sbu Shabalala’s property deal

    Questions raised over Adapt IT CEO Sbu Shabalala’s property deal There are a number of Adapt IT shareholders who do not think it is good for CEO Sbu Shabalala to own the building his company uses for its head office as the tenant’s interests are secondary to the landlord’s interests. This is...
  14. J

    "Show me the money" - Expert on Huge Group-Adapt IT deal

    "Show me the money" - Expert on Huge Group-Adapt IT deal Huge Group has made an offer to acquire Adapt IT and received the necessary backing from its shareholders, but questions have been raised about the planned deal. On 27 January, Huge Group announced it had made an offer to acquire all of...
  15. J

    Adapt IT delivers robust results

    Adapt IT delivers robust results Adapt IT has announced its financial results for the year ended 30 June 2020, showing robust performance despite the effects of the COVID-19 pandemic. “I am pleased to report that in a year dominated by global macroeconomic challenges and the COVID-19 pandemic...
  16. J

    Adapt IT's plan to grow in the slow South African economy

    Adapt IT's plan to grow in the slow South African economy Adapt IT has released its interim results for the six months ended 31 December 2018, showing an increase in profitability and the positive effects of its acquisitions. Following their release, MyBroadband spoke to Adapt IT CEO Sbu...
  17. J

    Adapt IT acquires Conor Group for R80 million

    Adapt IT acquires Conor Group for R80 million Adapt IT announced it has acquired Conor Group in a transaction worth R80 million. Conor is a software business founded in 2007 which employees 60 professionals and provides telecommunications and mobile financial service solutions.
Back
Top
Sign up to the MyBroadband newsletter
X