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Our opinion on the current state of NAMPAK(NPK)Nampak (NPK) is Africa's largest packaging company with interests in South Africa and ten other African countries. About 60% of its turnover comes from South Africa, but only 36% of its trading profit. The rest of Africa accounts for 59% of trading profit and only 31% of turnover. The company also has small interests in the UK and Ireland. It produces four kinds of packaging products - plastics, metals, paper, and glass. The great preponderance of its trading profits come from metals - which con
JSE:NPK
by PDSnetSA
Our opinion on the current state of PURPLE(PPE)Purple Group (PPE) is a dynamic player in the financial services industry, offering accessible trading and asset management services with a focus on affordability for private investors. Its three core divisions: 1. Easy Equities: Known for democratizing access to the stock market, it allows small investments at minimal costs, such as just 64c for a R100 transaction. This division has attracted a significant base of first-time investors, with 150,000 active accounts. 2. Emperor Asset Management
JSE:PPE
by PDSnetSA
Our opinion on the current state of STEFSTOCK(SSK)Stefanutti (SSK) is a South African construction company which offers roads and earthworks, marine construction, concrete structures, bulk pipelines, piling, geotechnical services, open pit contract mining, affordable housing, mine residue disposal, and other services. It operates in sub-Saharan Africa and the United Arab Emirates (UAE). The company is considering further down-sizing to match its falling order book, and this will mean retrenchments. The share price has fallen from its high of
JSE:SSK
by PDSnetSA
Our opinion on the current state of M&R-HLD(MUR)Murray and Roberts (MUR) is a large South African construction company which has suffered from the sub-prime crisis and then the slump in construction spending following the 2010 World Cup. This brought the share down from a massive double-top formation at around R100 per share to a low below R5 in May 2020. The company has been consolidating and reducing costs. It has transformed itself into a "...multinational engineering and construction Group focused on the natural resources market sectors
M
by PDSnetSA
Our opinion on the current state of NOVUS(NVS)Novus (NVS) is South Africa's largest printing company with 11 printing plants. Until recently, it had the monopoly contract to do all of Media24's printing. With effect from 1st April 2018, that contract was reduced to roughly 58% of Media24's printing, and the price paid by Media24 for printing was also reduced. The company appointed a new CEO, Neil Birch, who has decided in the short term to abandon the company's acquisitions and focus on consolidating the business and improving its operati
JSE:NVS
by PDSnetSA
Our opinion on the current state of VISUAL(VIS)Visual International Holdings (VIS) is a small, cash-strapped property development company operating in the Cape Town area. The company announced on 2nd July 2018 that publication of its financial results would be delayed. At that time, it was anticipated that the financials would be published before the end of July 2018. As a result of this delay, trading in the share was suspended by the JSE. Visual's flagship asset is the Stellendale Development near Kuilsriver, consisting of 2000 residentia
JSE:VIS
by PDSnetSA
Stefanutti out of downtrend Stefanutti broke out of a downtrend and a range. huge potential upside growth.
JSE:SSKLong
by Zanokuhle_Capital
Retest on MotusPrice broke out of range and is retesting. Buy at current level, target of R144
JSE:MTHLong
by Zanokuhle_Capital
2
Our opinion on the current state of LESAKA(LSK)Previously known as Net1 UEP Technologies, Lesaka is listed on the Nasdaq and the JSE (LSK). It is a provider of fintech products in a number of countries. Its universal electronic payment system (UEPS) uses biometrically secure smart cards that operate in real-time but offline, which allows users to enter into transactions at any time. In its results for the year to 30th June 2024, the company reported revenue up 11% and a net loss of R326.1m compared with a loss of R629.2m in the previous per
JSE:LSK
by PDSnetSA
Our opinion on the current state of AMEAfrican Media Entertainment (AME) is a company which specialises in running radio stations and whose revenue comes principally from advertising on those stations. It has four divisions: (1) Algoa, which broadcasts from the Garden Route to the Wild Coast, (2) OFM, which broadcasts in the Free State, North-West province, Northern Cape, Southern Gauteng, and Northern Natal, (3) United Stations, which sells and creates advertising material for the radio stations, and (4) Radio Heads, which of
JSE:AME
by PDSnetSA
Our opinion on the current state of MOMMET(MTM)Momentum Metropolitan (MTM) is a JSE- and Namibian-listed insurance company, formed through the merger of Momentum and Metropolitan in December 2010. The company provides a wide range of short- and long-term insurance products and financial services. It was the first insurance company to achieve level 1 BBBEE status. However, it has been scaling back its African operations by closing its businesses in Mozambique, Mauritius, Zambia, Tanzania, and Swaziland. At the time of the merger, the combin
JSE:MTM
by PDSnetSA
Our opinion on the current state of REINET(RNI)Reinet (RNI) is an investment holding company with its main asset being a 2.12% stake in British American Tobacco (BAT), valued at approximately $1.8 billion, which constitutes about 31% of its net asset value (NAV). This is a significant reduction from 85% a decade ago, primarily due to the decline in BAT's share price as the tobacco industry faces increasing regulatory challenges, particularly in the US. The US Food and Drug Administration's potential regulatory changes on menthol cigarettes
JSE:RNI
by PDSnetSA
Our opinion on the current state of NASPERS-N(NPN)Naspers (NPN) is Africa's largest company and an international giant in social media, gaming, and IT. Its primary asset is a 73% stake in Prosus (PRX), which owns 26% of Tencent, a Hong Kong-listed company providing social media services and gaming in China. Tencent dominates the Chinese market with 10 of the top 20 mobile applications, reaching over 1.1 billion users. Key Developments and Structure: 1. Capital Structure: Naspers' archaic dual-share structure gives significant control to the 90
JSE:NPN
by PDSnetSA
Our opinion on the current state of PPCPPC is a major producer of cement, aggregates, ready-mix, lime, limestone, and fly-ash in Africa, with a production capacity of 11.5 million tons across eleven cement factories in South Africa, Botswana, the DRC, Zimbabwe, Rwanda, and Ethiopia. It also operates the Mooiplaas quarry, the largest aggregates producer in South Africa, and has twenty-six batching plants in South Africa and Mozambique. Key developments: 1. Financial Resilience: PPC has successfully re-negotiated its lending agreemen
JSE:PPC
by PDSnetSA
Our opinion on the current state of PROSUS(PRX)Naspers (NPN) spun off Prosus (PRX) on 11th September 2019, listing it on the Euronext in Amsterdam to hold its international assets, including Tencent, Mail.Ru, and other internet brands. Naspers retains a 73% stake in Prosus, while 25% is free float. This listing mitigates rand risk, making Prosus a rand-hedge investment that benefits from rand weakness. As Europe’s largest consumer internet company, Prosus's primary asset is a 26% stake in Tencent, a Hong Kong-listed company with over 1.1 bil
JSE:PRX
by PDSnetSA
Our opinion on the current state of SIRIUS(SRE)Sirius (SRE) is a real estate investment trust (REIT) listed on the JSE and the London Stock Exchange (LSE), focusing on office, manufacturing, and warehousing properties in Germany. The company owns 141 assets valued at approximately €2 billion, making it a significant player in the European property market. Before the COVID-19 pandemic, Sirius was benefiting from the recovery of the German economy, and it continues to exhibit strong management and growth as a rand-hedge investment. The compa
JSE:SRE
by PDSnetSA
Our opinion on the current state of TELKOM(TKG)Telkom (TKG) historically served as the government-controlled provider of fixed-line telephone services in South Africa. With the rise of mobile networks, Telkom was compelled to subsidize competitors like Vodacom, MTN, and Cell-C through termination rates, which have since been phased out. Over two decades, Telkom CEO Sipho Maseko estimated that these subsidies amounted to R70 billion. Today, Telkom remains 41% government-owned, with an additional 11.9% held by the Government Employees Pension
JSE:TKG
by PDSnetSA
Our opinion on the current state of WEBBUYCAR(WBC)WeBuyCars was separately listed on the JSE on 11th April 2024, following its unbundling from Transaction Capital (TCP) to raise capital and shield it from TCP's challenges in the taxi division. The company has 417.2 million shares in issue, which began trading at around R20 per share, giving it a market capitalisation of just over R8.5 billion. The free float is approximately 57.5% of its issued shares, with notable institutional participation. In its results for the year to 30th September 2024
JSE:WBC
by PDSnetSA
Our opinion on the current state of CAFCA(CAC)Previously operating under the name RECM Calibre, Goldrush is engaged in Bingo, Limited Payout Machines (LPM), and Retail Sports Betting. The company has shown improved financial performance and operational growth, particularly in its gaming operations. In its results for the six months ending 30th September 2024, the company reported a 25.9% increase in net asset value (NAV) to 1540 cents per share and headline earnings per share (HEPS) of 113.77 cents, compared with a loss of 243 cents in the
JSE:CAC
by PDSnetSA
Our opinion on the current state of CORONAT(CML)Previously operating under the name RECM Calibre, Goldrush is engaged in Bingo, Limited Payout Machines (LPM), and Retail Sports Betting. The company has shown improved financial performance and operational growth, particularly in its gaming operations. In its results for the six months ending 30th September 2024, the company reported a 25.9% increase in net asset value (NAV) to 1540 cents per share and headline earnings per share (HEPS) of 113.77 cents, compared with a loss of 243 cents in the
JSE:CML
by PDSnetSA
Our opinion on the current state of GOLDRUSH(GRSP)Previously operating under the name RECM Calibre, Goldrush is engaged in Bingo, Limited Payout Machines (LPM), and Retail Sports Betting. The company has shown improved financial performance and operational growth, particularly in its gaming operations. In its results for the six months ending 30th September 2024, the company reported a 25.9% increase in net asset value (NAV) to 1540 cents per share and headline earnings per share (HEPS) of 113.77 cents, compared with a loss of 243 cents in the
JSE:GRSP
by PDSnetSA
Our opinion on the current state of RMBRand Merchant Bank Holdings (RMH) is a company that transitioned from owning a 34.1% stake in FirstRand to focusing primarily on property investments since 2016. Established 41 years ago by GT Ferriera, Laurie Dippenaar, and Paul Harris, RMH listed on the JSE in 1992 and later spun off Rand Merchant Investment Holdings in 2011. RMH Property's portfolio includes stakes in Atterbury (27.5%), Propertuity (34.1%), and Genesis (40%). Following the sale of its FirstRand stake, RMH has been repositione
JSE:RMH
by PDSnetSA
VUKILE PROPERTY FUNDCan we see an uprise to R20 before the year ends? Thoughts on forcast?
JSE:VKELong
by CjAndrew3
Burstone BullishUnfortunately, Burstone does not provide enough data to identify a market trend on an HTF. However, price has broken a previous high and formed a continuous pattern after the break. Reward 1:2
JSE:BTNLong
by Fuze
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