WeBuyCars was recently spun off from Transaction Capital and listed separately on the JSE on April 11, 2024. This move was designed to raise capital and shield the company from the financial challenges facing Transaction Capital's taxi division. At its debut, WeBuyCars issued 417.2 million shares, opening at about R20 per share, which values the company at just...
Life Healthcare (LHC) is a major player in the healthcare sector, listed on the JSE, operating private hospitals, day clinics, and healthcare services across South Africa, the UK, and Western Europe. The company is strategically shifting from traditional hospitals to day-clinics and non-acute services, and broadening its customer base beyond those covered by...
Quantum (QFH) operates in the poultry industry, encompassing four divisions: Animal Feeds, Eggs and Layers, Broilers, and an African division selling related products. Despite challenges from the drought in Southern Africa, Quantum benefited from decreased animal feed prices and increased egg prices once the drought subsided. However, the chicken business remains...
MultiChoice (MCG) is a premier entertainment company in Africa and one of the fastest-growing pay-TV broadcast providers globally, boasting 21.1 million subscribers across 50 countries. The share, originally spun off from Naspers, began trading independently on the JSE on February 27, 2019. Its revenue model, primarily based on recurring debit orders, makes it an...
Datatec (DTC) is an international IT and telecommunications company, operating across multiple continents including North America, South America, Europe, Africa, the Middle East, and Asia. The company is structured into three main divisions: Westcon International, which focuses on technology distribution; Logicalis, which handles integration and managed services;...
Capital and Regional (CRP), a UK-based real estate investment trust (REIT), focuses on owning and managing in-town community centres primarily in England. The UK consumer market and property owners have faced challenges due to Brexit and the COVID-19 pandemic, which have impacted footfall traffic and led some retailers into the British equivalent of business...
Efora Energy (EEL), established in 1993 and listed on the JSE in October 1994, is an African oil and gas company engaged in a range of projects spanning oil production, and midstream to downstream distribution. The company's operations extend across Egypt, Nigeria, the DRC, Zimbabwe, and South Africa. Its subsidiary, Africoil, distributes 45 million liters of oil...
Glencore, one of the world's largest global diversified natural resource companies, manages over 150 mining, metallurgical, oil production, and agricultural facilities across more than 50 countries. The company's extensive global presence and diverse commodity portfolio make it less volatile compared to more specialized mining houses. Since the commodity cycle...
Harmony Gold Mining Company Limited (HAR), traditionally considered one of South Africa's most marginal gold mines, has taken significant strides towards enhancing its operational and financial profile. The acquisition and subsequent development of Mponeng gold mine, which is the world’s deepest mine, represent a crucial pivot in its business strategy. This mine,...
Impala Platinum Holdings (Implats), ranked as the world's third-largest producer of platinum group metals (PGMs), has faced numerous challenges over the past seven years, including aggressive union action and legislative uncertainty. The company's strategic focus, as stated by the CEO, is on developing a portfolio of long-life, low-cost, shallow, mechanized mining...
Astoria Investments Ltd. (ARA) is structured as an investment company with the aim of providing investors access to a diverse portfolio of equities primarily located in developed economies. After a period of suspension from September 2020 to April 2021, the company's shares have resumed trading, albeit at a price significantly below its net asset value (NAV),...
Anglo American (AGL) effectively mitigates the typical risks associated with commodity stocks through two main strategies: diverse mineral operations and a strong financial foundation. The company's diversification across different minerals helps buffer against downturns in any single commodity market, while its robust balance sheet provides substantial resilience...
Efora Energy (EEL) is an African oil and gas company that has been a part of the industry landscape since its incorporation in 1993. The company was listed on the Johannesburg Stock Exchange (JSE) in October 1994 and has engaged in various sectors of the oil and gas industry, ranging from production to distribution across several African countries. Efora operates...
Finbond Group Ltd (FGL) is a company engaged in micro-lending and insurance operations, with a significant presence in both South Africa and the United States. The company has outlined ambitious plans to expand its operations in the US, aiming for 70% to 80% of its income to come from the American market within the next 3 to 5 years. As of the latest reports,...
Oasis (OAS) is a property company that manages various properties applying the principles of Islamic finance. It also manages institutional investments and retirement portfolios for governments, parastatals, collective investment schemes and private individuals. It has a number of wholly owned subsidiaries that engage in insurance, fund management and property...
Reinet Investments S.C.A. (RNI) is an investment holding company, with its primary asset being a significant stake in British American Tobacco (BAT), constituting roughly 2.12% of BAT's shares. This stake is valued at approximately $1.8 billion and represents about 31% of Reinet's net asset value (NAV), a substantial decrease from 85% a decade ago. The reduction...
Renergen Limited describes itself as an integrated alternative energy business with a focus on investing in renewable energy projects across Africa. Since its listing on the Johannesburg Stock Exchange (JSE) in June 2015, the company has consistently reported financial losses, reflected in a declining share price over the years. Despite these challenges, Renergen...
Anglo American (AGL) is well-regarded for its strategic approach to mitigating the typical risks associated with commodity stocks. The company achieves this through two primary means: a diversified portfolio and a robust balance sheet. **Diversity of Minerals:** Anglo American's portfolio includes a variety of minerals, which spreads the risk and lessens the...