Bid Corp Ltd (OTCPK:BDDDY)
$ 23.29 -1.0343 (-4.25%) Market Cap: 7.79 Bil Enterprise Value: 8.53 Bil PE Ratio: 18.68 PB Ratio: 3.41 GF Score: 95/100
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Half Year 2021 Bid Corporation Ltd Earnings Call Transcript

Feb 23, 2021 / 07:00AM GMT
Stephen Koseff
Bid Corporation Limited - Independent Non-Executive Chairman

Good morning, South Africa and the U.K. and everywhere else in the world, good evening to anyone from Australia. Welcome to Bidcorp's half year results for the period ended December 31, 2020. Just a brief introduction, I'm Stephen Koseff, I'm Chairman of Bidcorp. And I think that these results, again, are reflective of kind of strength of the Bidcorp business of corporate, very diversified. Obviously, this has been another tough period with COVID hitting many of the markets in which we operate, particularly in the latter part of the half year or the second half of the half year. And I think Bidcorp again showed very strong resilience, generated significant amounts of cash and showed up as a quality company. So unfortunately, during this period, we did have a loss of 1 of our directors, Dolly Mokgatle passed away, not of COVID. I'm not sure exactly what, I think a heart attack. And we're very sad to hear that, Dolly was a very dignified individual and really made a great contribution to this board.

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