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PDSNET ARTICLES - DECEMBER 2021

Capitec

Capitec has been, arguably, one of the best investments on the JSE over the past 20 years. It was launched by PSG and listed on the stock exchange in February 2002. Since then, it has become a disruptive powerhouse in the banking industry, consistently taking market share away from the four big banks in South Africa. By market capitalisation it is

Aveng Consolidation

With the destruction of the South African construction sector following the 2010 Soccer World Cup, the Aveng share price collapsed from around R75 in August 2008 to as little as 1c following its two 1,5c rights issues in 2021. The company is now left with two profitable companies:

  1. Moolmans, a construction

Dividends

Three weeks ago, on 15th November 2021, we published an article about Grand Parade (GPL) in which we drew attention to the fact that it had broken up through its long-term downward trendline and was now in a new upward trend. We suggested that this made it worthy of your attention as a private investor. What we did

The Confidential Report - December 2021

America

The US economy is still booming. Weekly jobless claims, for the week ended 20 November 2021, fell 71 000, while consumer spending jumped 1,3% in October month alone. Third quarter gross domestic product (GDP) came in at 2,1% - hammered by supply constraints, but above analysts’ expectations. Unemployment has fallen to 4,6% and