Viceroy teaches Intellidex how valuations are done

Research house Intellidex came out on Thursday morning with an analysis of Viceroy Research's work and argued that its report on Steinhoff was substantially plagirised and that the standard of its subsequent reports have been questionable.

The Viceroy report was commissioned by, Business Leadership South Africa, 'an organisation with a slant in mind and a conflict of interest in the content.'
 
Viceroy Research has now responded to the Intellidex report. See the full response below: