Bid Corp Ltd (JSE:BID)
R 457.06 26.21 (6.08%) Market Cap: 153.89 Bil Enterprise Value: 164.52 Bil PE Ratio: 19.18 PB Ratio: 3.63 GF Score: 92/100

Q2 2020 Bid Corporation Ltd Earnings Call Transcript

Feb 19, 2020 / 09:00AM GMT
Release Date Price: R315.08 (+0.35%)
Stephen Koseff
Bid Corporation Limited - Independent Non-Executive Chairman

Okay. Welcome, everybody. I believe we've got quite a lot of people on the webcast, and some people in Standard Bank in Joburg. It's very nice in Cape Town today. You guys should have all gone on the plane on [SIA] and arrived here, you would have come on an empty flight, and it would have been very comfortable.

I think getting back to Bidcorp, I think looking from a Chairman perspective, this is a very well-run company. The executives are very focused, it runs a decentralized operation. We are in quite a difficult global world at the moment, lots of funny things happening, and they all can have an impact on a particular region. But overall, the diversification of this business, the very -- the focus of the executives, they run each business like it's their own, really helps make a difference. And just I'd briefly like to thank Bernard, Dave, Ashley, the Company Secretary, the management team, a lot of you who are here today, for the kind of effort that you put in to making Bidcorp into the company that it is.

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