Stephen Grootes speaks to Faan van der Walt, Founder and Executive Director at WeBuyCars, about the JSE-listed company’s trading update that sent its share price tumbling 14%, wiping out R2.76 billion in market value. The stock slid despite guidance of up to a 17% rise in core headline earnings to R958 million for FY2025, as earnings per share are expected to grow just 0.8% to 6% - weighed down by share dilution from recent capital raises
The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.
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