Dischem listed on the JSE on 18th November 2016, raising R750m via a private placing. The company is well-known to South Africans as an alternative to the already-listed Clicks. One of the primary purposes of the listing was to enable Dischem to expand its store base aggressively. Clicks has about 600 stores, and common sense indicates that where ever there is a Clicks, there can be a Dischem. This means that there is considerable potential for Dischem to expand its business rapidly by simply adding stores. We made these points in our article on 3rd February 2017.