TheScreener - Bid Corporation Limited (19PI) BID CORPORATION sees an upgrade to Slightly Positive due to a better fundamental star rating

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BID CORPORATION sees an upgrade to Slightly Positive due to a better fundamental star rating

The general evaluation of BID CORPORATION (ZA), a company active in the Restaurants & Bars industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date March 29, 2022, the closing price was ZAR 317.86 and its potential was estimated at ZAR 353.01.

30/03/2022 1 EN

Underlying

Bid Corporation Limited

Bidcorp is an international broad-line foodservice group based in South Africa. Co. is engaged in the distribution of foodservice and products serving customers in the hospitality, institutional, catering and retail sectors in the United Kingdom, Ireland, Europe, Africa, South America, Australia, New Zealand, Asia and the Middle East. Co. is a foodservice distributor to the Horeca sector. Co. supplies various brands across a range of product lines, and is engaged in brand manufacturing and distribution. Co.'s operations are organized along five operating segments: Bidfood Australasia; Bidfood United Kingdom; Bidfood Europe; Bidfood Emerging Markets; and Corporate.

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ZAE000216537 Johannesburg Stock Exchange South Africa

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TheScreener

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BID CORPORATION sees an upgrade to Slightly Positive due to a better fundamental star rating

Empowering Investors

Monthly LMI Update Independent Investment Research

Feasibility Study Results in December to be a Catalyst for this Junior

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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