Foschini – Hot or Not

Foschini consists of 14 trading brands, and sells fashion, jewellery, accessories, cosmetics, cellphones, homewares and more. It recently acquired UK-based Phase 8. It has a market cap of R33.7 billion, trades on a price earnings ratio of 14.63, a dividend yield of 4.59 per cent. Guest Joseph Busha from JM BUSHA Investment Group and resident expert Paul Theron from Vestact decide whether Foschini is hot or not.

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