Blog

FirstRand

FirstRand is the biggest bank in South Africa according to their market capitalization of R413m. They have more than 44 000 employees. Their biggest shareholder is Rand Merchant Bank (34%), the PIC (9.2%) and their employees own 5% of the company through an empowerment share scheme. In November last year they announced the R20bn takeover of Aldermore group in the UK. Their interim results for the six months ending December 2017 reported a 9% rise in dividend per share and…

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Coca Cola

Coca cola needs no introduction to anybody who has ever been thirsty. They are listed on the New York Stock exchange. Coca cola was first marked as a nerve tonic that relieves exhaustion. The first Coca-Cola products contained cocaine, about 9 milligrams per glass. It was removed from the drink in 1903. Only two countries in the world don’t sell Coca-Cola: North Korea and Cuba.  They reported a $7.5bn operating income in 2017. The share started consolidating after the ugly…

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Lonmin

Lonmin is a British producer of platinum group metals operating in the Bushveld. Thy are listed in London and in South Africa. On Tuesday the CMA (British Competition and Markets Authority) said they would examine whether a takeover by Sibanye-Stillwater would lessen the competition. If this takeover deal of R4bn continues Sibanye-Stillwater would be the second largest platinum producer in the world. Lonmin needs R1bn per month to run their business. Yesterday the Reserve Bank gave their approval for the…

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Kaap-Agri

Kaap Agri had its origins when a few farmers in the Swartland decided to jointly buy guano (bird manure) to use as fertilizer. They currently have more than 200 operating points that stretch over 95 towns. 5% of Kaap Agri shares have been issued to the Kaap Agri Employee and Farmworker Trust. The income beneficiaries are farm workers and employees, their families, and local communities. The Kaap Agri Academy in Porterville was established in 2008. It started off with a…

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Resilient

The property group Resilient has not only faced accusations of market manipulation but also has been a focus of criminal investigation. They were accused of inflating their income and net asset value. On the 10th of April the update on the independent review (Mr Fakie). According to his independent review there was no evidence of executive misconduct or any breaches. There was also no evidence of market manipulation or insider trading A possible inverse head and shoulder formation (positive) is…

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Transhex

Transhex is a diamond mining company. Trans Hex Diamond Cutting Works is a black-empowered cutting and polishing factory of which they have a 75% interest in. According to their interim 2017 results the net asset value per share is R1-42. The group’s net loss amounted to R199m while for the same period in 2016 they reported a profit of R32,5 million.  On the 29th of March they made a cautionary announcement, warning shareholders that they are in negotiations that might…

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Sygnia World ETF

Many investors want exposure to foreign shares, but do not want to send physical money abroad, and want to invest in Rand terms. Then the Sygnia World Index Fund is an option. The Sygnia ITRIX MSCI World Index ETF (Exchange-traded Fund) can be purchased on any equity (equity) account. The Sygnia ITRIX MSCI World Index ETF (exchange traded fund) can be bought on any equity (share) account. The United states constitutes 57.1% of this index, followed by Japan 9.1%, United…

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Royal Bafokeng Mine

Royal Bafokeng Holdings (RBH) is an African community investment company which, together with its sole shareholder, the Royal Bafokeng Nation Development Trust (RBNDT), is entrusted with the unique responsibility of preserving and growing the financial capital of the Royal Bafokeng Nation (RBN) and ensuring its long-term future. RBH manages a portfolio with a net asset value of approximately R32 billion (as at December 2017) consisting of listed and unlisted assets in a diverse range of sectors, including infrastructure, property, financial services,…

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Mr Price

Die Mr Price Groep verkoop klere, huishoudelike en sportware deur middel van eie en konsessie winkels. 80% van hul verkope is deur kontant en die groep wil hierdie beleid voortsit siende dit een van die kenmerkende eienskappe is wat die groep van sy kompetisie onderskei. Hul jongste handelsopdatering vir die 13 weke geeïndig Desember 2017 het ‘n verhoging van 8,3% in inkomste gerapporteer. Aanlynverkope het met 12% gestyg. Suid-Afrikaanse verkope het met 8,8% gegroei en nie-SA verkope met 4,8%. Die…

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Sygnia

Sygnia is ‘n beleggingsbestuursmaatskappy. Hulle het R184 miljard bates onder bestuur waarvan R14 miljard in effektetrusts is. Hulle het meer as 6 000 individuele kliënte en meer as 600 institusionele kliënte. Hul hoof uitvoerende beampte, Magda Wierzycka, is nie bang om op te staan ​​teen enige vorm van onregverdigheid of korrupsie nie. Sygnia het selfs besluit om alle bestuursfooie van hul twee nuwe geldmark-effektetrust te skenk aan organisasie wat opstaan vir menseregte, korrupsie en belastingmisbruik ​​(hulle is OUTA, die Black…

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