PAYING UP AND MOVING ON
By Stephen Cranston
It has been called the largest admission-of-guilt fine in SA history, or (raising connotations of guilt payments after a war) reparations. The members of the Life Offices Association (LOA) prefer to call it a settlement. The life offices wil...
MESSAGE IN A BOTTLE
By Stafford Thomas
It's 20 years since Michael Brain and Horst Sass bought control of a tiny Cape Town plastic packaging manufacturer, Bowler Metcalf (BM). Both are still in the hot seat , Brain as MD and Sass as executive chairman, and continue to apply a measured...
INTERESTS BEGIN TO CONVERGE
By Brendan Ryan
The key feature of Impala Platinum's (Implats) long-awaited empowerment deal with Royal Bafokeng Resources (RBR) is the way it sidesteps the tricky issue of the existing royalty that RBR gets from Implats' mines operating on its ground. Since ...
THE PLAN COMES TOGETHER
By Stephen Cranston
Seven months after it announced its intentions, Old Mutual has finally secured enough Skandia shares to take control of the business. The offer to shareholders to tender their shares has been extended to January 12, but 62,5% of the shares hav...
LOOKING TO THE HINTERLAND
By Themba Hlengani
Hosken Consolidated Investment's (HCI) executive team of Marcel Golding and Johnny Copelyn is quietly scouting for investment opportunities elsewhere in Africa, and its first stop is said to be Nigeria, followed by Tanzania. The company is loo...
RELEASING VALUE TRAPS
By Andrew McNulty
Should companies diversify or focus their activities? It's an old debate to which there will not be any final answer. It depends on individual circumstances, and aspects such as company life cycles and how the market rates the various assets in a...
DIAMONDS & DOGS
By Jamie Carr
Diamond Aflease Many might have thought that Neal Froneman needed his crystal ball recalibrated when he traded in the grande dame Gold Fields for Aflease, which at the time looked not so much a trophy wif...
ADONIS KNITWEAR
By Elizabeth van Rensburg
Under caution Ord price: 100c Div yield: - PE ratio: -. Secto...
AFRICAN MEDIA ENT'MENT
By Themba Hlengani
Good music again Ord price: 1 202c Div yield: - PE ratio: 8.1...
AWETHU
By Michael Coulson
Struggling to keep going Ord price: 2c 12-month high, 4c; low...
CULLINAN
By Michael Coulson
Fully priced, even close to year's low Ord price: 46c Div yie...
KELGRAN
By Michael Coulson
Speculative Ord price: 14c 12-month high, 22c; low, 5c Ma...
MIRANDA MINERALS
By Michael Coulson
Now the really hard work starts Ord price: 17c Sector PE: 12,...
MORIBO
By Michael Coulson
A heady assessment of Zimbali Ord price: 34c Sector PE: 13,9 ...
NICTUS
By Michael Coulson
Leave it alone Ord price: 35c Div yield: - PE ratio: 25,4. Se...
S&J LAND
By Michael Coulson
It could be a long haul for a return Ord price: 60c 12-month ...
SIMMER & JACK
By Brendan Ryan
Speculative gold play Ord price: 91c Div yield: - PE ratio: (...
STELLA VISTA
By Michael Coulson
Turnaround not as good as it looks Ord price: 10c PE ratio: 5...
VESTA TECHNOLOGY
By Michael Coulson
Don't rush in Ord price: 6c Div yield: - PE ratio: 8,6. Secto...
WELLCO
By Michael Coulson
Needs a strong second half Ord price: 45c 12-month high, 90c;...
WESCOAL
By Michael Coulson
Could be worth accumulating Ord price: 55c PE ratio: 9,5 ...
ZAPTRONIX
By Michael Coulson
Back in growth mode Ord price: 11c 12-month high, 58c; Ma...
