List of Opinions
The PDSnet opinions give a current overview of every listed company and are updated in response to messages on the Stock Exchange News Service (SENS), ur own in-house analysis and articles appearing in the media.
Each opinion gives the company’s nature of business, a summary of its most recent financial statements, a view of its technical (charting) position and our opinion as to its value at the current market price.
The Opinions are updated for interim and final reports as well as quarterlies, trading statements and trading updates. They cover every share listed on the Johannesburg Stock Exchange (JSE).
| 4SIGHT |
4Sight (4SI) is a Mauritian company which specialises in investing in "4th Industrial Revolution" companies and technologies. The first industrial revolution is seen as that which was involved... read more |
| A-V-I |
Anglovaal Industries (AVI) is a generalised producer of consumer products in the food, cosmetics and apparel sectors. It has a diverse range of very well-known... read more |
| AB-INBEV |
Anheuser-Busch, or AB-InBev (ANH), is the world's largest brewer of beer, operating in both first world countries and emerging markets. On 10th October 2016, AB-InBev bought out SABMiller for... read more |
| ABSAGROUP |
ABSA (ABG) is one of the largest banking groups operating in Africa. It has well-established branches in 12 African countries and representative offices in at... read more |
| ACCENT |
Accentuate (ACE) is a supplier of materials to the flooring, chemical blending, commercial cleaning, water treatment and maintenance industries. It has 5 regional offices in South Africa, 2 factories,... read more |
| ACCPROP |
Accelerate Property (APF) is a real estate investment trust (REIT) which has 56 properties valued at R12,7bn, split 70% retail, 15% office and 15% industrial across... read more |
| ACSION |
Acsion (ACS) is a real estate investment trust (REIT) with properties mainly in the retail sector. The portfolio is worth R8,3bn with a gross lettable area (GLA)... read more |
| ADAPTIT |
Adapt IT (ADI) is an IT company, similar to EOH, but smaller. It has activities in the hospitality, manufacturing, energy, education and financial services sectors.... read more |
| ADCOCK |
Adcock (AIP) is a leading supplier of pharmaceuticals to both the private and public sector in South Africa. It has also diversified to India and other sub-Saharan... read more |
| ADCORP |
Adcorp (ADR) is an employment company with subsidiaries operating in South Africa and Australia. Managerially, efforts have been made in (1) defining and focusing... read more |
| ADRENNA |
Adrenna (ANA) is a very thinly traded small real estate investment trust (REIT) with a market capitalisation of R53m which concentrates on property in the Western Cape. It owns two properties... read more |
| ADVANCED |
Advanced Health (AVL) is a small Alt-X listed company in the healthcare industry that specialises in day clinics in South Africa and Australia. The company listed... read more |
| ADVTECH |
Advtech (ADH) is one of three listed commercial educational companies on the JSE (the others are Curro and its separately listed sister company, Stadio). Advtech has two divisions - a schools... read more |
| AECI |
AECI (AFE) is a leading producer of chemicals and explosives in South Africa. It supplies products for the mining industry, water treatment, animal health, food and beverages, and the industrial... read more |
| AEEI |
This is a black-owned investment holding company which is itself a subsidiary of Sekunjalo, a company controlled by Iqbal Surve and his family. Surve is a medical... read more |
| AF-&-OVER |
This is the holding company of listed company Rex Trueform (RTO) which is also listed on the JSE. Both this share and Rex Trueform (RTO) are extremely thinly traded... read more |
| AFDAWN |
Afdawn (ADW) is a small micro-lending company, listed on the Alt-X in 2004. Its share price rose as high as 550c in November 2007, but has since fallen back to... read more |
| AFENERGY |
Afenergy (AEY) was listed on the JSE on 30th June 2017 as a special purpose acquisition company (SPAC) with the idea of pursuing acquisitions in the energy sector and commercial enterprises.... read more |
| AFORBES |
Alexander Forbes (AFH) is a financial services company offering asset management, insurance, healthcare, retirement, consulting and wealth management to both corporate... read more |
| AFRIMAT |
Afrimat (AFT) is an open-pit mining company that supplies composites, construction materials and other commodities to a range of industries in Southern Africa.... read more |
| AFRISTRAT |
Afristrat (formerly Ecsponent) is a penny stock, listed in the venture capital fledgling sector of the JSE. The company presents itself as a financial services... read more |
| AFRO-C |
Afrocentric (ACT) is a black-owned investment holding company which focuses on health administration and insurance. Sanlam recently acquired 28,7% of the company which will help with its financing... read more |
| AFROX |
Afrox (AFX) is the largest company supplying liquid petroleum gas (LPG) and atmospheric gases to the mining and manufacturing industries in South Africa and 7 other African countries. It has... read more |
| AH-VEST |
AH Vest (AHL) produces a range of sauces under the All-Joy brand and seeks to diversify into ready meals, soups and canned vegetables. It is the second largest... read more |
| ALARIS |
Alaris Holdings (ALH) is a designer, manufacturer and marketer of RF antennas and related equipment. Its products are used in communication, frequency spectrum... read more |
| ALPHAMIN |
Alphamin (APH) is a tin mining and exploration company operating out of Mauritius. Its primary asset is just over 80% of Alphamin Bisie Mining which has a tin mine in the DRC. The company claims... read more |
| ALTRON-A |
Allied Electronics Corp, or Altron (AEL), is an information and communications technology company which was started by Bill Venter in 1965. It has recently been... read more |
| ALVIVA |
Alviva Holdings (AVV) is "one of Africa's largest providers of information and communication technology products and services". It has three operating divisions - ICT Distribution which imports,... read more |
| AME |
African Media Entertainment (AME) is a company which specialises in running radio stations and whose revenue comes principally from advertising on those stations.... read more |
| AMPLATS |
Anglo American Platinum (AMS), or Amplats, is the second largest platinum producing company in the world (after Sibanye), producing a large portion of the world's... read more |
| ANCHOR |
Anchor (ACG) is a local and off-shore financial services holding company with primarily three businesses - asset management, private clients and stockbroking. It listed on the JSE in July 2014.... read more |
| ANDULELA |
Andulela (AND) is an investment holding company listed on the main board. It has two subsidiaries - 83,6% of Kilken Platinum, a producer of low cost PGMs (palladium, platinum, rhodium and gold)... read more |
| ANGGOLD |
Anglogold Ashanti (ANG) is an international gold producer which used to have operations in South Africa (the last of which, Mponeng, has now been sold), and still has assets in the DRC, Tanzania,... read more |
| ANGLO |
With Anglo American (AGL), the risk normally associated with commodity stocks is mitigated in two ways. Firstly, the company has diversity of different minerals which reduces the impact of any... read more |
| ARB |
ARB Holdings (ARH) is an electrical contracting company that owns property and is involved in vehicle leasing. It owns 74% of ARB Electrical Wholesalers which has 23 branches throughout South... read more |
| ARCINVEST |
African Rainbow Capital (AIL) is a BEE investment company that was formed in 2015 and listed on the JSE in September 2017. Since it was formed, AIL has invested... read more |
| ARCMITTAL |
ArcelorMittal (ACL) is South Africa's largest steel producing company. It has survived where companies like Highveld Steel have disappeared. Arguably, ArcelorMittal... read more |
| ARDENCAP |
Arden Capital (ACZ) is an investment holding company registered in Mauritius which specialises in running tourist-orientated businesses in Zimbabwe, particularly... read more |
| ARGENT |
Argent (ART) is a manufacturer and beneficiator of steel and aluminium products supplying a wide range of businesses in South Africa. It also has operations in... read more |
| ARM |
African Rainbow Minerals (ARM) (ARI) is a diversified mining company controlled by Patrice Motsepe, involved in a variety of mining ventures. Its interests include platinum group metals (PGM),... read more |
| ARROW |
| ASCENDIS |
Ascendis Health (ASC) is a South African company which manufactures brands aimed at health in animals, plants and people. On 30th January 2020, the company said,... read more |
| ASPEN |
Aspen (APN) is a pharmaceutical company which trades in 150 countries in a wide range of specialty and branded products aimed at a range of acute and chronic medical... read more |
| ASSORE |
Assore (ASR) is a miner of base metals, especially iron ore, manganese and chrome. It has 50% of Associated Manganese (Assmang) with partner African Rainbow Minerals. The company owns a manganese... read more |
| ASTORIA |
Astoria (ARA) was an investment company which was formed to give investors exposure to an international selection of equities in developed economies. In its results... read more |
| ASTRAL |
Astral Foods (ARL) is a leading poultry producer in South Africa. The company's activities include integrated broiler operations, where they have a processing... read more |
| ATLATSA |
Atlatsa (ATL) is a BEE company involved in platinum group metals (PGM) in the Bushveld Complex. It has a primary listing on the Toronto Stock Exchange (TSE) and a secondary listing on the Alt-X... read more |
| ATLEAF |
Atlantic Leaf Properties (ALP) is a property company, listed on the JSE and the Mauritian Stock Exchange, which has become a real estate investment trust (REIT) and intends to list on the London... read more |
| ATTACQ |
Attacq (ATT) is a BEE level 2 property developer that converted to a real estate investment trust (REIT) in May 2018 and has been listed on the JSE since 2013. It is the owner of the Mall of... read more |
| AVENG |
The once-massive construction company, Aveng (AEG), which traded at R69 a share in 2008, has been reduced to a penny stock. This sad demise has been brought about... read more |
| AVIOR |
Avior (AVR) is a capital markets research and trading firm covering equities, fixed interest and derivative markets in Southern Africa. The company claims to have 200 institutional clients and... read more |
| AWAPROPA |
See AWAPROPB |
| AWAPROPB |
Arrowhead Property (AWA and AHB) is a real estate investment trust (REIT) which owns a diversified South African portfolio and shares in a number of other property companies worth in total R8,3bn.... read more |
| AYO |
AYO is a black-owned technology company that was spun out of AEEI and in which AEEI still holds 49,4%. There were suspicious circumstances with a massive R4,3bn... read more |
| BALWIN |
Balwin Properties (BWN) is a developer of secure sectional title properties in South Africa. The company is now turning its attention to renting out some of the... read more |
| BARWORLD |
Barloworld (BAW) is an international supplier of heavy earth-moving equipment and vehicles to the mining, agriculture, infrastructure, power, automotive and logistics... read more |
| BASREAD |
Basil Read (BSR) was one of South Africa's leading construction companies involved in mining, civil engineering, road construction, housing and other areas. Like other construction companies,... read more |
| BATS |
British American Tobacco (BTI) describes itself as a "leading consumer goods company" - which is a euphemistic way of saying that they produce and sell an enormous number of cigarettes and related... read more |
| BAUBA |
Bauba (BAU) is a black-empowered junior mining company which has recently moved away from platinum group metals (PGM) production because of low prices to concentrate... read more |
| BELL |
Bell (BEL) is a manufacturer and distributor of heavy equipment, mainly earth-moving equipment to the mining construction, agriculture and waste management industries.... read more |
| BHP |
BHP is a world-wide commodities company with its headquarters in Melbourne, Australia. It processes minerals, oil and gas and it has 62000 employees, mostly in... read more |
| BIDCORP |
Bidcorp (BID) is a diversified international food company which operates in 34 countries around the world. It was spun out of Bidvest in June 2017 to release shareholder value. We see this as... read more |
| BIDVEST |
Bidvest (BVT) is a highly diversified South African company with dozens of subsidiaries. Its most notable investments are 66% of Bidvest Namibia which also owns... read more |
| BILLITON |
Billiton (BIL) is a massive international mining house with 60 000 employees and substantial assets world-wide. It is involved in petroleum, copper, iron, nickel, cobalt and coal. In the September... read more |
| BLACKSTAR |
Tiso Blackstar (TBG) is primarily a media company with interests in South Africa and the rest of Africa. It owns iconic newsprint brands like the Sunday Times, Business Day and The Sowetan. It... read more |
| BLUETEL |
Blue Label Telecoms (BLT) is a company which has interests in selling secure tokens of value - such as airtime, starter packs and electricity. It bought 45% of Cell-C in September 2016 thus it's... read more |
| BOWCALF |
Bowler Metcalf (BCF) is a plastics manufacturing company that began in 1972 and listed on the JSE in 1987. The company's products include tube manufacture, printing, injection stretch blow-moulding,... read more |
| BRAINWRKS |
Brainworks (BWZ) is an exclusively Zimbabwean company with investments in the hotel and leisure industry there. It owns an array of hotels like the Monomotapa hotel and the Victoria Falls Hotel... read more |
| BRAIT |
Brait (BAT) is an investment holding company which owns 78% of Virgin Active, 93,7% of Premier and 18,5% of New Look (a clothing retailer in the UK). It sold its... read more |
| BRIKOR |
Brikor (BIK) is a company that manufactures bricks, roof tiles and clay pipes. It was listed on the Alt-X in August 2007 and describes itself as "a diverse manufacturer... read more |
| BRIMSTN-N |
Brimstone (BRT) is a black-controlled investment holding company with a diverse portfolio of holdings. It owns: 1. 54,2% of Sea Harvest, which is a listed fishing company and has a market capitalisation... read more |
| BRIMSTON |
Brimstone (BRT) is a black-controlled investment holding company with a diverse portfolio of holdings. It owns: 1. 54,2% of Sea Harvest, which is a listed fishing company and has a market capitalisation... read more |
| BUFFALO |
Buffalo (BUC) mines high-quality bituminous coal and anthracite in Dundee, Natal. It has a primary listing on the Toronto Stock Exchange (TSX) and a secondary... read more |
| BYTES |
Bytes Technology was spun out of Altron and separately listed on the London Stock Exchange (LSE) and the JSE. At listing it had a market capitalisation of about... read more |
| CAFCA |
Cafca (CAC) is a cable manufacturer that produces over 900 cable and transmission products. Most of its business is conducted in Southern Africa. The company is... read more |
| CALGRO-M3 |
Calgro (CGR) is a developer of large-scale integrated properties, rental units and memorials. It was established in 1995 and listed on the JSE in November 2007. It acquires suitable land and... read more |
| CAPCO |
Capital Counties Properties (CCO), Capco, is a real estate investment trust (REIT) with a primary listing on the London Stock Exchange (LSE) and a secondary listing... read more |
| CAPITEC |
Capitec Bank (CPI), now the country's largest bank by customer numbers, was launched by PSG, and has been a major disrupter in the South African banking system.... read more |
| CAPPREC |
Caprec (CTA) is a fintech company offering payments and payment infrastructure as well as software and services. Patrice Motsepe's African Rainbow Capital (ARC)... read more |
| CAPREG |
Capital and Regional (CRP) is a UK real estate investment trust (REIT) which owns and manages in-town community centers in England. Obviously, both the UK consumer... read more |
| CARGO |
Delisted. |
| CARTRACK |
Cartrack (CTK) is a vehicle recovery, insurance, telematics and fleet management company operating in 24 countries around the world. It has a 92% recovery rate, which it claims is the best in... read more |
| CASHBIL |
Cashbuild (CSB) is the largest retailer in Southern Africa of building materials and related hardware, concentrating on the home improvements market. In the currently... read more |
| CASTLVIEW |
Castleview (CVW) is a real estate investment trust that owns two properties - a shopping mall in Port Elizabeth in the Eastern Cape, "Pier 14" which the company... read more |
| CAXTON |
Caxton (CAT) is a South African printer and publisher. It publishes 13 well-known South African magazines such as Bona and Farmer's Weekly. It employs 5500 people.... read more |
| CHOPPIES |
Choppies (CHP) is a Botswana-based grocery retailer previously with 212 stores which operated in South Africa, Botswana, Zimbabwe, Zambia and Kenya. The company has a primary listing on the Botswana... read more |
| CHROMETCO |
Chrometco (CMO) is a company involved in the exploration and mining of chrome. Chrometco is obviously dependent on the international price of chrome and has all... read more |
| CIL |
Consolidated Infrastructure Group (CIL) is an African infrastructure company which listed on the JSE in 2007. The company has four divisions - Power, Rail, Building Materials and Oil & Gas.... read more |
| CITYLDG |
City Lodge (CLH) runs a group of about 62 hotels in six African countries, with most of its business in South Africa. It is primarily aimed at the business traveller... read more |
| CLICKS |
Clicks (CLS) describes itself as a retail-led healthcare group. It incorporates Clicks, GNC and The Body Shop. Clicks has 782 stores of which 585 include pharmacies... read more |
| CLIENTELE |
Clientele Life (CLI) is a small insurance company selling short- and long-term policies and underwriting insurance products. Their products are sold through agents and brokers as well as by tele-sales.... read more |
| CLOVER |
Clover (CLR) is the leading supplier of dairy products in South Africa. In the past year it has been moving towards branded high-margin products and away from bulk products. To achieve this it... read more |
| CMH |
Combined Motor Holdings (CMH) runs car dealerships in Nissan, Volvo, Toyota, Opel, Subaru, Lexus, Mazda, Isuzu and Ford - selling both new and used vehicles. The... read more |
| COGNITION |
Cognition (CGN) is a group of companies which specialises in agency-based payment systems, fax to e-mail services, knowledge creation and management. Cognition describes itself as "a multi-disciplinary... read more |
| COMAIR |
Comair (COM) was South Africa's only listed airline until it went into business rescue on 5th May 2020. It operated for British Airways in South Africa and also ran the discount airline, Kulula.... read more |
| CONDUIT |
Conduit Capital (CND) is a small financial services company, mainly in the insurance industry. It has two operating divisions - Investments and Insurance &... read more |
| CORONAT |
Coronation (CML) is one of South Africa's largest asset managers and the only one listed on the JSE. Founded in 1993, the company grew very well until 2015. At... read more |
| CROOKES |
Crookes Brothers (CKS) is an agricultural and property company which was formed in 1913 and listed on the JSE in 1948. The company produces sugar cane, bananas,... read more |
| CSG |
CSG Holdings (CSG) is an outsource business, supplying staffing solutions, facility management and, recently, security services. In its results for the six months... read more |
| CURRO |
Curro (COH) is a private education group that concentrates on building and running schools for children up to matric. Their tertiary division was unbundled with effect from 3-10-2017 and separately... read more |
| DATATEC |
Datatec (DTC) is an international IT and telecommunications company operating in more than 50 countries. It operates in the United States, South America, Europe,... read more |
| DAWN |
Dawn (DAW) is a manufacturer and retailer of bathroom fittings, sanitary ware and related products in Southern Africa. The company has been battling with the depressed consumer environment in... read more |
| DELPROP |
Delta Property (DLT) was a level 2 black empowered real estate investment trust (REIT) with a portfolio valued at R11,3bn and a loan-to-value ratio of 44,3%. Roughly 80% of its rental income... read more |
| DELTA |
Delta Property (DLT) was a level 2 black empowered real estate investment trust (REIT) with a portfolio valued at R11,3bn and a loan-to-value ratio of 44,3%. Roughly... read more |
| DENEB |
Deneb (DNB) is a 67,8% subsidiary of Hosken Consolidated Investments (HCI), listed on the JSE under specialty financial services. Deneb is an investment holding... read more |
| DIPULA-A |
Dipula "A" shares (DIA) receive a preferred income of 5% while the "B" share (DIB) receives the balance. So the "A" share is more stable and less risky. Dipula... read more |
| DIPULA-B |
Dipula "A" shares (DIA) receive a preferred income of 5% while the "B" share (DIB) receives the balance. So the "A" share is more stable and less risky. Dipula is a real estate investment trust... read more |
| DIS-CHEM |
Dis-Chem Pharmacies (DCP) listed in November 2016 and competes directly with Clicks (CLS) in the pharmaceutical, medicine and beauty products markets. It is a... read more |
| DISCOVERY |
Discovery (DSY), developed and built by Adrian Gore over the past 25 years, offers the A/B income group of people a matrix of financial services which are inter-linked and cross-selling. Thus... read more |
| DISTELL |
Distell (DGH) is a Remgro (REM) subsidiary which produces a variety of alcoholic beverages which are well-known brands in South Africa and elsewhere. Their brands... read more |
| DKR |
DKR is a real estate investment trust (REIT) which specialises in investing in German retail property in micro locations away from the top cities. The company has a portfolio of 172 properties... read more |
| DRAGLOBAL |
DRA Global describes itself as a "multi-disciplinary engineering, project management and operations management group predominantly focused on the mining and minerals resources sector". It is... read more |
| DRDGOLD |
DRDGOLD (DRD) was listed in 1895 and is the JSE's oldest listed company. It was followed by SA Breweries which was listed in 1897 and has now been acquired by... read more |
| E-MEDIA |
E-Media Holdings (EMH) owns 67,7% of E-Media Investments which in turn runs ETV and E-News as well as other smaller operations. This company is investing heavily... read more |
| E-MEDIA-N |
E-Media Holdings (EMH) owns 67,7% of E-Media Investments which in turn runs ETV and E-News as well as other smaller operations. This company is investing heavily into multi-channel businesses... read more |
| EASTPLATS |
East Plats (EPS) is a mining exploration and development company engaged in the platinum group metals (PGM) and chrome markets in South Africa. The company is... read more |
| ECSPONENT |
This share is renamed to Afristat (ATI). |
| EFFICIENT |
The Efficient Group (EFG) is an asset management and financial services group managed by well-known economist, Dawie Roodt (who is also a 5,7% shareholder). It is involved in asset management,... read more |
| EFORA |
Efora Energy (EEL) is an African oil and gas company incorporated in 1993 and listed on the JSE in October 1994. The company is involved in numerous projects from... read more |
| ELBGROUP |
The Elb Group Limited (ELR), formally Edward L Bateman, is an engineering and construction company that is involved in materials handling, minerals separation, power solutions and industrial... read more |
| ELLIES |
Ellies (ELI) is a fledgling electronics company which imports and distributes electrical products and supplies solar power solutions. From its heyday in 2013 when... read more |
| EMIRA |
Emira Property (EMI) is a real estate investment trust (REIT) which has substantial exposure to the South African economy through its office properties. It owns... read more |
| ENXGROUP |
The enX Group (ENX) is a "diversified industrial group that provides branded products and services to the petrochemical, fleet management, logistics and industrial... read more |
| EOH |
Enterprise Outsourcing Holdings (EOH) was Africa's largest information technology company with involvement in almost every aspect of computer applications. At... read more |
| EPP |
EPP is a Dutch-based real estate investment trust (REIT), listed on both the JSE and the Luxembourg Stock Exchange, and is owned 39% by Redefine. It owns 25 retail... read more |
| EQUITES |
Equites (EQU) is the only real estate investment trust (REIT) on the JSE which specialises in industrial logistics and distribution properties in South Africa... read more |
| ERIN |
This is a bankrupt oil and gas exploration company which was listed in New York and on the JSE in 2014. The company is 56,7% held by Camac Energy Holdings, which is a company said to be controlled... read more |
| ESOR |
This was one of South Africa's large listed construction and engineering companies involved in sanitation, pipelines, building and housing. Esor (ESR) recently went into business rescue in August... read more |
| ETHOSCAP |
Ethos Capital Partners (EPE) is a private equity fund (PEF), incorporated in Mauritius, which invests into unlisted companies for long-term capital appreciation... read more |
| ETION |
Etion (ETO), previously Ansys, is an Alt-X listed technology company that started 31 years ago and listed on the JSE in June 2007. It seeks to capitalise on the... read more |
| EUROMET |
Europa (EUZ) is a European metals developer which operates primarily in Spain where it mines lead, zinc and silver. They own 100% of the Toral project in Leon... read more |
| EXEMPLAR |
Exemplar (EXP) is a real estate investment trust (REIT) which specialises in developing rural shopping centres through its relationship with McCormick Property... read more |
| EXTRACT |
Extract (EXG) has only one operating division and that is MCC Contract and Mining Services which offers services to open cast mines including drilling, blasting, load hauling and rehabilitation.... read more |
| EXXARO |
Exxaro (EXX) is South Africa's BEE coal company with interests in iron and heavy minerals. It has interests in Australia, America and Europe. It is a provider... read more |
| FAIRVEST |
Fairvest (FVT) is a real estate investment trust (REIT) which specialises in investing in smaller rural and non-urban shopping centers that are focused on consumers who have a lower living standard... read more |
| FAMBRANDS |
Famous Brands (FBR) is Africa's largest branded fast-food retail franchisor with 23 brands and more than 2800 restaurants. The company owns well-known South African... read more |
| FINBOND |
Finbond (FGL) is a micro-lending and insurance operation which operates in South Africa and America. This company wants to expand in the US to the point where... read more |
| FIRSTRND |
FirstRand (FSR) has five divisions - First National Bank (FNB), Rand Merchant Bank (RMH), Wesbank, Ashburton (in the UK) and Aldermore. It operates in 10 African... read more |
| FORTRESSA |
See the opinion for Fortress "B" - FFB |
| FORTRESSB |
Fortress (listed on the JSE as FFA and FFB) is a real estate investment trust (REIT) with properties held in its own name and shareholdings in other REIT's. Principally,... read more |
| FREEDOM |
Freedom Property Fund (FDP) is a property share that listed on the JSE on 12th June 2014. The properties are commercial, industrial and residential. The company's shares were suspended on the... read more |
| FRONTIER |
New Frontier Properties (NFP) is listed on the Mauritius Stock Exchange and on the Alt-X of the JSE. It is, however, taxed in the UK. It is a property company which aims to invest in properties... read more |
| FRONTIERT |
Frontier Transport (FTH) is a bus company whose major asset is Golden Arrow bus services, but which also owns Sibanye Bus Services, Table bay Rapid Transit, N2... read more |
| GAIA |
Gaia (GAI) is an infrastructure investment company. It has three divisions - (1) Infrastructure Partners, which invests in large projects in energy, transport, water and sanitation; (2) Fund... read more |
| GEMFIELDS |
The Gemfields Group (GML) (previously Palinghurst Group) is a mining group that has two major projects: (1) Kagem, the world's largest producer of emeralds (in... read more |
| GEMPROPA |
On 10th April 2019, Arrowhead announced its intention to merge with Gemgrow. Arrowhead owns 53,3% of Gemgrow. The deal will be structured so that Gemgrow buys all of Arrowhead's shares for 0,8237... read more |
| GEMPROPB |
On 10th April 2019, Arrowhead announced its intention to merge with Gemgrow. Arrowhead owns 53,3% of Gemgrow. The deal will be structured so that Gemgrow buys all of Arrowhead's shares for 0,8237... read more |
| GFIELDS |
Gold Fields (GFI) is a relatively high-cost international gold mining house with a single mine in South Africa - South Deep. South Deep was bought by Gold Fields... read more |
| GLENCORE |
Glencore (GLN) describes itself as, "one of the world's largest global diversified natural resource companies and a major producer and marketer of more than 90... read more |
| GLOBAL |
Global Asset Management (GAM) is a small asset management and energy company that is extremely thinly traded and is about to be de-listed from the JSE. It is therefore of no interest to private... read more |
| GO-LIFE |
Go Life International (GLI) is a company listed in Mauritius with a secondary listing on the JSE's Alt-X market. Its focus is in "nutraceuticals" which are products... read more |
| GRANPRADE |
Grand Parade Investments (GPL) is an investment holding company with interests in the gaming industry and the fast-food industry. The company is a BEE company... read more |
| GREENBAY |
Greenbay (GRP) is an Alt-X listed share which is one of the Resilient group of REITs (real estate investment trusts) along with Resilient itself, Rockcastle and Fortress. These companies were... read more |
| GRINDROD |
Grindrod (GND) is an international freight and financial services company which operates in 28 countries. In mid-June 2018, Grindrod unbundled and separately listed... read more |
| GRINSHIP |
Grindrod Shipping (GSH) originated in South Africa as far back as 1910. The company is now based in Singapore with offices in Cape Town, Durban, London, Tokyo and Rotterdam. It has a primary... read more |
| GRITREAL |
Grit (GTR) is a pan-African real estate company - which means that it invests in property on the African continent, but not in South Africa. It has a focus on what are known as "frontier" economies... read more |
| GROUP-5 |
Group 5 (GRF) is one of South Africa's iconic construction and engineering groups which has taken enormous strain over the past 10 years because of the fall-off in government construction contracts,... read more |
| GROWPNT |
Growthpoint (GRT) is South Africa's largest real estate investment trust (REIT) with a primary listing on the JSE. Prior to COVID-19, it consistently grew its... read more |
| GTCSA |
GTC is a property group operating in central and Eastern Europe. The company has properties in Poland, Bucharest, Budapest, Belgrade, Sophia and Zagreb. It manages 47 office buildings and 6 retail... read more |
| HAMMERSON |
Hammerson (HMN) is a massive international property company that has listed on the JSE to take advantage of South African investors who want exposure to off-shore... read more |
| HARMONY |
Harmony (HAR) is probably South Africa's most marginal gold mine with an all-in sustaining cost of production of $1691 against a gold price of $1861 per ounce.... read more |
| HCI |
Hosken Consolidated Investments (HCI) is a BEE investment holding company owned by the South African Clothing and Textile Workers' Union. It has investments in... read more |
| HERIOT |
Heriot (HET) is a real estate investment trust (REIT) which owns a diverse portfolio of 44 properties worth R4,827bn in retail, industrial, commercial and specialist... read more |
| HOMCHOICE |
Homechoice (HIL) is South Africa's largest home shopping retailer operating through two divisions - retail and financial services. It offers a broad range of home appliances, clothing, fashion,... read more |
| HOSP-B |
The Hospitality Property Group (HPB) is a real estate investment trust (REIT) which specialises in owning hotels and leisure activities. Tsogo injected all its hotels into HPG to separate its... read more |
| HOWDEN |
Howden (HWN) is an engineering company that manufactures and sells a range of specialised air and gas handling solutions such as fans and heat exchangers to a wide range of industrial, mining,... read more |
| HUDACO |
Hudaco (HDC) is an importer and supplier of "automotive, industrial and consumer products" mostly in Southern Africa. Its business has two sides (1) supplying automotive security, power tools,... read more |
| HUGE |
Huge (HUG) is a telecommunications, media and software company. It has operations in South Africa, Mozambique, Namibia, Lesotho, Swaziland, Botswana, Zambia and... read more |
| HULAMIN |
Hulamin (HLM) is a producer and supplier of aluminum products in South Africa and trades in more than 50 countries internationally. It supplies foil, heat-treated... read more |
| HULISANI |
Hulisani (HUL) is an energy start-up that intends investing in coal, gas, solar power, wind and hydro. The company was incorporated in 2015 and listed in April... read more |
| HWANGE |
Hwange (HWA) is a coal mining and processing company with a mine in the North West province of Zimbabwe and is 37% owned by the Zimbabwean government. This company... read more |
| HYPROP |
Hyprop (HYP) is a leading property real estate investment trust (REIT) that specialises in high-quality shopping malls in South Africa and some interests in Eastern... read more |
| I-AMEX |
This is an index of approximately 250 shares trading on the ituYSE Amex exchange. The NYSE Amex exchange started life as the “curb” exchange because it consisted of trade in shares which... read more |
| I-AUSTRAL |
The Australian All Ordinaries Index is a weighted average of the 500 largest companies trading on the Australian Securities Exchange (sometimes also known as the “Sydney Stock Exchange”).... read more |
| I-BALTIC |
The Baltic Dry Index (BDI) is a composite index calculated by the Baltic exchange in London and made up of the Capesize, Panamax and Supramax averages. This is a measure of ship sizes. Capesize... read more |
| I-CAC-40 |
The Cotation Assistee en Continu is an index of the 40 largest shares trading on the Paris stock exchange, now known as the Euronext Paris. It commenced with a base value of 1000 in 1987. It... read more |
| I-COMEX |
The Comex, which was previously the commodities exchange, is a division of the New York Mercantile Exchange (NYMEX). It trades futures and options in a variety of precious and base metals. This... read more |
| I-CRBSPOT |
This is the Commodity Research Bureau’s spot index of commodities. The index includes 19 commodities and is weighted 39% to energy products, especially oil, 41% to agricultural products, 7%... read more |
| I-DAX-IDX |
This is a simple index of the thirty largest shares trading on the German stock exchange. The DAX is a Paasche index which began on 30-12-1987 at a base value of 1000. The DAX generally follows... read more |
| IMBALIE |
Imbalie (ILE) is a beauty franchisor which operates through 150 salons and retailers. It sells its own health and beauty brands. It has 3 types of franchises -... read more |
| IMPERIAL |
Imperial (IPL) was a massive logistics and motor business. It operated in 32 European and African countries and employed 27 000 people. The company split off and separately listed Motus on 22nd... read more |
| IMPLATS |
Impala Platinum Holdings (IMP), or Implats, is the world's third largest platinum group metals (PGM) producer. It has been suffering over the past 7 years from... read more |
| INDEQTY |
Indequity (IDQ) is a short-term insurance company which writes personal line business insurance on behalf of larger insurance companies. The company targets the professional and high net worth... read more |
| INDLU |
Indluplace (ILU) is a real estate investment trust (REIT) which specialises in residential property and which is 66,24% owned by Arrowhead Properties. It owns... read more |
| INDUSTRIALS REIT |
Industrials Reit, previously called Stenprop, is a real estate investment trust (REIT) which is listed on the London Stock Exchange and the JSE. It owns commercial... read more |
| INGENUITY |
Ingenuity (ING) is a property development company which focuses on properties in the Western Cape. The company was listed on the JSE in 2007 with the objective of developing properties in the... read more |
| INSIMBI |
Insimbi (ISB) is a group which manufactures and supplies specialist products to the industrial sector. They source, buy, package and process ferrous and non-ferrous... read more |
| INVICTA |
Invicta (IVT) has two divisions - Engineering Solutions Group (ESG), which is a supplier of engineering consumables, components and spare parts, and Capital Equipment... read more |
| INVLTD |
Investec (INL) does specialist banking and asset management in South Africa, Australia, Europe, the UK and a few other countries. Brexit in the UK has put pressure... read more |
| INVPLC |
Investec Plc (INP) is the holding company for most of Investec's non-Southern African operations. It is controlled by the same group of shareholders that own and control Investec Limited but... read more |
| INVPROP |
Investec Property Fund (IPF) is a diversified South African real estate investment trust (REIT) with a R27,2bn portfolio with 92 properties in South Africa worth... read more |
| IRONGATE |
Irongate, (IAP), previously Investec Australia Property Fund, is a real estate investment trust (REIT) which concentrates on property investments in Australia... read more |
| ISA |
ISA Holdings (ISA) is a small Alt-X listed IT company offering network, internet and information security in sub-Saharan Africa. The company claims to employ some... read more |
| ITLTILE |
Italtile (ITE) is a franchisor of tiles, sanitary ware, flooring and home finishing products - which it manufactures and wholesales itself. The company is controlled... read more |
| ITUPLC |
Intu (ITU) is a UK-based real estate investment trust (REIT) which is part of the FTSE 100 index. It was founded by the late Donald Gordon in 2010. It specialises in retail shopping centres located... read more |
| JASCO |
Jasco (JSC) is a technology and electronics group that produces and markets products mainly in South Africa but also in East Africa. It serves a wide range of... read more |
| JSE |
The Johannesburg Stock Exchange (JSE) is listed on the JSE. It is a securities exchange which allows the trade of shares, bonds and derivatives. It has approximately 350 shares which are listed... read more |
| JSE-ALEX |
At the time of writing, the JSE Financial and Industrial index (J250) included 138 industrial and financial shares. The largest component was Naspers which accounted for more than 25% of the... read more |
| JSE-ALS40 |
An index of the 40 biggest companies trading on the JSE. This index is weighted for the market capitalisation of the companies it includes and also their "free float". It is one of five "headline"... read more |
| JSE-ALT15 |
The index is supposed to contain the 15 largest companies trading on the Alt-X, but at the time of writing only 11 qualified for inclusion and they were dominated by Anchor Capital, which represented... read more |
| JSE-ALTX |
The Alternative Exchange or Alt-X was brought in by the JSE to replace the Venture Capital Market (VCM) and the Development Capital Market (DCM) and its main purpose is to allow smaller shares... read more |
| JSE-DIVP |
The JSE’s Dividend Plus Index is designed to include only those shares from the JSE Top40 and the JSE Mid-Cap which pay the best dividends based on their dividend yield. The components of the... read more |
| JSE-FIN15 |
The Financial and Industrial 15 index consists of the largest 15 companies by free-float market capitalisation, but it excludes Naspers and Richmont. At the time of writing, these 15 companies... read more |
| JSE-FIN30 |
An index prepared by the JSE actuaries which is a weighted average of the 30 largest financial and industrial shares trading on the Johannesburg Stock Exchange. The Financial and Industrial 30... read more |
| JSE-FINA |
This is an index of the financial shares trading on the JSE. It includes 60 companies (counting Investec Ltd and Investec Plc as a single company) including the larger real estate investment... read more |
| JSE-FLED |
This index consists of ordinary shares which comply with all listing requirements, but are too small to be included in the All Share Index and which are not tested for liquidity. The JSE is broken... read more |
| JSE-GOLD |
This is a weighted average of all gold shares traded on the JSE. The South African economy has been built on the exploitation of its mineral wealth - and gold was predominant until about 1970.... read more |
| JSE-IIND |
The JSE Industrial index contains just 20 shares and, at the time of writing, was dominated by Remgro with a weighting of over 33% and Bidvest with a weighting of over 23%. These two shares had... read more |
| JSE-IND25 |
The Industrial 25 index contains the largest 25 shares in the industrial sector weighted for their free-float market capitalisation. This index is again dominated by Naspers (over 44% weighting... read more |
| JSE-LARG |
The JSE Large Cap index contains 46 very large companies. In many ways this index is similar to the JSE Top 40 index. At the time of writing, Naspers accounted for over 23% of it, followed by... read more |
| JSE-LARM |
The Large and Mid-Cap index combines the Large Cap and the Mid Cap indices into a single index. At the time of writing, it had 103 shares in it and Naspers made up over 20% of it and BHP was... read more |
| JSE-MIDC |
The Mid Cap index is supposed to be the next 60 largest shares trading on the JSE, after the Top 40. In practice it sometimes contains 59 or 61. For actuarial reasons. At the time of writing... read more |
| JSE-MINI |
It would be fair to say that the South African economy has been substantially built on mining - first diamonds, then gold and then platinum and a host of base metals and minerals. South Africa... read more |
| JSE-SAPY |
The Sapy is an FTSE/JSE index of the top 20 liquid real estate investment trusts (REIT) by market capitalisation. 80% of a REIT's assets must be in property and they are required to earn at least... read more |
| JSE-SMLC |
The JSE Small Cap index consists of all the shares which are included in the JSE overall – except for those in the JSE Top 40 and the JSE Mid Cap. The Top 40 index is an average of the 40 largest... read more |
| JUBILEE |
Jubilee Metals Group (JBL) is a diversified metals recovery company which re-processes mine waste and surface materials. It is listed both on the London AIM market... read more |
| KAAP-AGRI |
Kaap Agri (KAL) is an agricultural company owned 40,9% by Zeder, which is, in turn, 43,7% held by PSG. The company operates through over 190 retail outlets offering... read more |
| KAP |
KAP International Holdings (KAP) is a diversified industrial company which produces and markets timber, chemicals (PET and related chemicals), bedding and car... read more |
| KAROO |
Cartrack was folded into a new international listing under the name Karoo (KRO) on 21st April 2021. It operates a vehicle recovery, insurance, telematics and fleet... read more |
| KAYDAV |
Kaydav (KDV) sells compressed wood-based panelling to the construction industry through outlets in Gauteng, Western Cape and Natal. It also sells packaging materials and machinery through outlets... read more |
| KIBO |
Kibo (KBO) is an African-orientated energy exploration company listed on the AIM (Alternative Investment Market) on the London Stock Exchange and on the Alt-X (Alternative Exchange) on the JSE.... read more |
| KORE |
Kore (KP2) is a potash mining company which owns 97% of Sintoukola Potash which has the Kola and Dougou (DX) mining leases in the Congo. Kola has a resource of... read more |
| KUMBA-IO |
Kumba (KIO) is a highly successful iron mining operation which is owned (79%) and controlled by Anglo American. The share price fell because of COVID-19 but has... read more |
| LABAT |
Labat (LAB) is a 57% black-owned investment holding company which listed on the JSE in 1999. The company buys and improves subsidiaries and then sells them for... read more |
| LEWIS |
Lewis (LEW) is a retailer of furniture and electrical appliances operating through 807 stores under the Lewis (483 stores), Beares (137 stores), Best Home (144... read more |
| LIB-HOLD |
Liberty (LBH) is a financial services, asset management and insurance company which is a 53,6% subsidiary of Standard Bank. It is Standard Bank's "bancassurance"... read more |
| LIBERTY2D |
Liberty Two Degrees (L2D) is a real estate investment trust (REIT) which contains the properties spun out of Liberty - most notably, it owns a share in the Sandton... read more |
| LIBSTAR |
Libstar (LBR) is a recently listed decentralised food and beverage company producing "consumer packaged goods" which raised R3bn in an initial public offer (IPO)... read more |
| LIFEHC |
Life Healthcare (LHC) is the second-largest, JSE main-board listed, healthcare company with private hospitals, same-day clinics and surgeries and healthcare companies... read more |
| LIGHTHCAP |
Lighthouse Capital (LTE) (previously Greenbay) was one of the Resilient group of REIT's (real estate investment trusts) along with Resilient itself, Rockcastle... read more |
| LONFIN |
London Finance and Investment Group (LNF) is a British company involved in management and finance in the UK, America and Europe. It is listed on the London Stock Exchange (LSE) and the Fledgling... read more |
| LONG4LIFE |
Long 4 Life (L4L) is an investment company which listed on the JSE on 7th April 2017. It raised over R2bn on listing mainly because its CEO was Brian Joffe, who... read more |
| LONMIN |
Lonmin (LON) is the world's third largest producer of platinum group metals (PGMs). These include platinum, rhodium, palladium, iridium, ruthenium and gold. The company sold 681 580 ounces of... read more |
| LUXE |
Luxe (Previously called Taste Holdings) consisted of two businesses - a food franchisor and a luxury goods retailer. It had master franchises in Southern Africa... read more |
| M&R-HLD |
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... read more |
| MAHUBE |
Mahube (MHB) is an infrastructure holding company which reversed into Gaia and is involved in large-scale energy transport, water and sanitation projects. It is... read more |
| MARSHALL |
Marshall (MMP) say the following about their business: "Based in the UK, with strategically located offices, globally, Marshall Monteagle PLC is a diversified... read more |
| MAS |
MAS (MSP) is a real estate investment trust (REIT) which invests in office, commercial, logistics, retail, and hospitality properties in Europe and the UK. This... read more |
| MASPLAST |
Master Plastics (MAP) is an Alt-X listed company that was spun out of Astrapak and separately listed on 24th May 2017. It is involved in manufacturing a variety of plastics for the agricultural,... read more |
| MASSMART |
Massmart (MSM), 51% of which was bought by the international grocery chain Walmart in June 2011 for $2,5bn at a price of R148 per share, consists of Massmart itself,... read more |
| MASTDRILL |
Master Drilling (MDI) is a South African company that specialises in drilling exploration and other holes for the mining industry, and which has diversified into... read more |
| MAZOR |
Mazor (MZR) is a construction company which also supplies windows and glass. The company is based in Cape Town and does structural steelworks and aluminum facades. It has two divisions - Mazor... read more |
| MC-GROUP |
MultiChoice (MCG) is a leading entertainment company in Africa and one of the fastest-growing pay-TV broadcast providers in the world with 21,1m subscribers in... read more |
| MC-MINING |
MC Mining (previously "Coal of Africa") (MCZ) is a small metallurgical coal-mining company with a single producing mine (Uitkomst). Aside from Uitkomst, the company... read more |
| MEDCLIN |
Mediclinic International (MEI) has its primary listing on the London Stock Exchange (LSE) with secondary listings on the JSE and the Namibian Stock Exchange. It... read more |
| MEDIAMOND |
This is a mining exploration company which is evaluating the western limb of the Bushveld Complex. The Chun Can Capital Group reversed into this share in a deal... read more |
| MERAFE |
This is a ferrochrome operation controlled by Glencore which operates mines, furnaces and smelters in Mpumalanga and Limpopo. The Glencore-Merafe joint venture... read more |
| METAIR |
Metair (MTA) produces energy solutions (batteries) and components for the vehicle manufacturing business. It has operations in Africa and in various European and... read more |
| METROFILE |
Metrofile (MFL) is a company which specialises in records storage and management, image processing and backup. The company has been listed since 1995 and has a... read more |
| METTLE |
Mettle Investments (MLE) is an Alt-X listed financial services group that was spun out of Tradehold and unbundled into a separately listed company on 23rd May 2018. Tradehold injected R445,2m... read more |
| MINERESI |
Mine Restoration (MRI) has not traded on the JSE since July 2016. It was originally in the coal business and then it became a cash shell. More recently it has... read more |
| MIXTEL |
Mix Telematics (MIX) is a company which specialises in vehicle tracking technology and has operations in South Africa, Australia, the UK, the US, Brazil, Thailand,... read more |
| MMI-HLDGS |
Name change - is now Mommet. |
| MOMMET |
Momentum Metropolitan (MTM) is an insurance company listed on the JSE and the Namibian stock exchanges. It was formed by the merger of Momentum and Metropolitan... read more |
| MONDILTD |
See Mondi Plc (MNP) opinion. |
| MONDIPLC |
Mondi (MNP) is a massive international paper and packaging company that started in South Africa, but now has interests in 30 countries and employs 26000 people... read more |
| MONTAUK |
Montauk (MNK) is an American company that specialises in extracting methane from landfills, mostly in America. The company benefits from the fact that America requires refiners of fuel to include... read more |
| MOTUS |
Motus (MTH) was unbundled from Imperial (IPL) and separately listed on the JSE on 22-11-2018. It is a company that owns motor dealerships in South Africa, the... read more |
| MPACT |
Mpact (MPT) is a large producer of paper and plastics packaging in Southern Africa. It recycles paper and cardboard and makes corrugated cardboard containers for a variety of industries as well... read more |
| MR-PRICE |
Mr. Price (MRP) is a retailer of clothing, household goods and sportswear through shop fronts and online in Africa and Australia. Unlike most retailers, Mr. Price... read more |
| MTN-GROUP |
MTN is a leading emerging market mobile operator, serving 272 million people (including 29m in South Africa) in 20 countries across Africa and the Middle East.... read more |
| MUSTEK |
Mustek (MST) is South Africa's largest assembler of personal computers under its brand name Mercer. It also imports a variety of computer products such as Samsung, Acer and Microsoft. The company... read more |
| NAMPAK |
Nampak (NPK) is Africa's largest packaging company with interests in South Africa and 10 other African countries. About 60% of its turnover comes from South Africa,... read more |
| NASPERS-N |
Naspers (NPN), Africa's largest company, is a massive international social media, gaming and IT company whose main asset is 73% of Prosus (PRX) which in turn owns 29% of Tencent - a Hong Kong-listed... read more |
| NEDBANK |
Nedbank (NED) is the smallest of South Africa's five big banks with a client base of just over 8 million. It has (10-10-18) separated from Old Mutual (which retains a 19,9% stake in it) as part... read more |
| NEPIROCK |
Nepi-Rockcastle (NRP) is a R124bn real estate investment trust (REIT) which operates more than 50 shopping malls in 9 central and eastern European countries, mostly... read more |
| NET1UEPS |
Net1 (NT1) is a provider of payments solutions and related financial products in South Africa and South Korea. It also sells insurance and other financial products... read more |
| NETCARE |
The Netcare Group (NTC) operates hospitals and medical response teams throughout South Africa and Lesotho. It has 59 hospitals, 4 of which are public/private partnerships,... read more |
| NEWPARK |
Newpark is a South African real estate investment trust (REIT) which has commercial and industrial properties worth R1,37bn and with a gross lettable area (GLA)... read more |
| NICTUS |
Nictus (NCS) is a furniture and electrical appliance retailer with three stores in South Africa. It also sells short-term insurance through Corporate Guarantee.... read more |
| NINETY-1L |
Ninety-One is an asset management company spun out of Investec and separately listed on Monday 16th March 2020. The listing occurred just as the corona epidemic... read more |
| NINETY-1P |
See the opinion for Ninety 1L. |
| NIVEUS |
Niveus (NIV) is an investment holding company which is owned 52,3% by HCI (also listed on the JSE). It holds three main investments - 43,75% of Alphawave Golf, 57,39% of La Concorde and 50,1%... read more |
| NORTHAM |
Northam (NHM) is a fully empowered platinum mining company which operates in the Bushveld complex. In the current difficult legislative environment where the 3rd... read more |
| NOVUS |
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... read more |
| NUTRITION |
Imuniti Holdings (NUT), or Nutrition, is a manufacturer and marketer of dried foods and water purification which it supplies to the lower LSM and mass feeding markets. It listed on the JSE in... read more |
| NUWORLD |
NuWorld (NWL) is an importer and exporter of a range of Consumer goods, especially, consumer electronics, appliances and consumer durables. Its product range includes... read more |
| NVEST |
Nvest is a financial services group with the following subsidiaries - NFB Private Wealth Management, Independent Executor and Trust, NFB Insurance Brokers, NFB... read more |
| OANDO |
Oando (OAO) is an oil and gas company located primarily in Nigeria. It has listings on both the JSE and the Nigerian stock exchange. The problem with a share like this from a private investor's... read more |
| OASIS |
Oasis (OAS) is a property company that manages various properties applying the principles of Islamic finance. It also manages institutional investments and retirement... read more |
| OCEANA |
Oceana (OCE) is Southern Africa's largest fishing business which also has significant fishing interests in the US through its Louisiana-based subsidiary Daybrook... read more |
| OCTODEC |
Octodec (OCT) is a real estate investment trust (REIT) which owns 267 properties mainly in the inner cities of Johannesburg (33,9%) and Pretoria (66,1%). It has... read more |
| OMNIA |
Omnia (OMN) is a diversified chemicals company supplying products to the agricultural, chemicals and mining industries in South Africa and 48 other countries.... read more |
| OMUTUAL |
Old Mutual (OMU) is a premium African financial services group that offers a broad spectrum of financial solutions to retail and corporate customers across key market segments in 17 countries.... read more |
| ONELOGIX |
OneLogix (OLG) is a logistics company which listed on the JSE in 2004. The company has three divisions - cross-border delivery of new cars (47% of turnover), auto-logistics... read more |
| ORION |
This is a real estate investment trust that was suspended on the JSE in October 2018 because it had not produced audited financial statements by the deadline. On 29th March 2019, the company... read more |
| ORIONMIN |
Orion Minerals (ORN) is an Australian exploration company which is listed on the JSE (September 2017) and on the Australian Stock Exchange in Sydney. It is trying... read more |
| PAN-AF |
Pan African Resources (PAN) is a London- and JSE-listed re-treatment gold producer. With its Elikhulu plant it will be able to produce about 700 000 ounces of... read more |
| PBT-GROUP |
PBT Group (PBG) is a fledgling IT company in the general finance sector. It has operations in South Africa and Europe, having recently exited operations in the... read more |
| PEPKORH |
Pepkor Holdings (Pep) (PPH), previously known as Pep, is 71,01% owned by Steinhoff International. With the collapse of the Steinhoff group following admissions... read more |
| PERGRIN |
Peregrine (PGR) is an owner-managed asset management and stockbroking group which was founded in 1996 and listed on the JSE in 1998. It consists of Citadel, Stenham and Peregrine Capital all... read more |
| PFB |
Premier Fishing (PFB) is a 55% subsidiary of listed AEEI - an investment holding company controlled by the Sekunjalo Group and ultimately by the Surve family.... read more |
| PHOENIX |
Phoenix (AXL) is a black-controlled investment holding company whose principal asset is its 100% subsidiary, Standard General Insurance (Stangen). African Bank Investments Limited (ABIL) shares... read more |
| PHUMELELA |
Phumelela (PHM) is a gambling and gaming company which owns 4 race courses and 5 training centers across South Africa and stages 250 race meetings per annum. It provides betting opportunities... read more |
| PICKNPAY |
Pick 'n Pay (PIK) is a retail grocery chain with 1858 stores, mostly in South Africa, but also in the rest of Africa. The company was started by Raymond Ackerman... read more |
| PL-GROUP |
Pembury Lifestyle Group (PLG) has two divisions - running schools and retirement villages. They were listed on the JSE in April 2017 at 100c and had fallen to... read more |
| PNR-FOODS |
Pioneer Foods (PFG) is one of the largest manufacturers and distributors of food products in South Africa. It has many well-known brands like Bokomo, Ceres, Liquifruit, Weetbix, Marmite, Smash,... read more |
| PPC |
PPC is a leading manufacturer and supplier of cement, aggregates, ready-mix, lime, limestone and fly-ash in Africa. It has 11 cement factories in South Africa,... read more |
| PRIMESERV |
Primeserv (PMV) describes itself as a "provider of integrated business support services focused on providing client-centric human capital services, spanning staffing... read more |
| PROSUS |
On 11th September 2019, Naspers (NPN) separately listed Prosus (PRX) on the Euronext in Amsterdam to house all its international assets including its stake in... read more |
| PSG |
PSG is an investment holding company which began in stockbroking but which has now branched out into various other businesses, including banking, education, agriculture,... read more |
| PSG-KST |
PSG Konsult (KST) is a well-established financial services group which grew out of PSG's stockbroking business and which now offers a wide range of financial services... read more |
| PSV |
This is an Alt-X listed industrial holding company with two divisions - Omnirapid which supplies mining and industrial consumables, and Specialised Services consisting of Cryoshield designs,... read more |
| PURPLE |
Purple Group (PPE) is a trading platform and asset management company that is aimed mainly at the private investor and offers the cheapest costs of dealing in... read more |
| PUTPROP |
Putprop (PPR) is a property company which was spun out of Putco (the bus company) and separately listed on the JSE in July 1988. The company owns 16 properties in industrial, retail and office... read more |
| QUANTUM |
Quantum (QFH) is in the chicken business. It has four divisions - Animal feeds, eggs and layers, broilers and an African division where it sells related products.... read more |
| QUILTER |
Quilter Plc (QLT) is a company spun out of Old Mutual as part of that group's "managed separation" process. It was admitted to trading on the London Stock Exchange... read more |
| RAC-PREFS |
RECM and Calibre (RACP) is an investment holding company which has listed its preference shares on the JSE since June 2010. The company is controlled by Theunis... read more |
| RANGOLD |
Randgold (RNG) is a mining exploration company. It has a strong asset base which is mostly now in cash. It is being used to pursue legal claims and may be applied to investment opportunities.... read more |
| RAUBEX |
Raubex (RBX) is a construction company that was started in 1974 and listed on the JSE in 2007. The company has three divisions in construction, materials and infrastructure.... read more |
| RAVEN |
Raven Property Group (previously Raven Russia) (RAV), which took a secondary listing on the JSE from 10th September 2018, specialises in property in Russia and it is the 18th completely foreign... read more |
| RBPLAT |
Royal Bafokeng Platinum (RBP) is a platinum company controlled by Royal Bafokeng Holdings (RBH) which holds about R32bn worth of assets on behalf of the Bafokeng... read more |
| RCL |
RCL is a large producer of food, sugar products and chicken in South Africa which is owned 76,6% by Remgro. The company owns a number of very well-known South African brands such as 5 Star maize... read more |
| RDI |
RDI (RPL) is a real estate investment trust (REIT) listed on the London Stock Exchange (LSE) and incorporated into the FTSE 250 index. It has a secondary listing on the JSE and has Redefine as... read more |
| REBOSIS |
Rebosis (REB) was the first substantially black-owned and black-controlled real estate investment trust (REIT) listed on the JSE. It has a 50% exposure to retail... read more |
| REDEFINE |
Redefine (RDF) is the second largest real estate investment trust in South Africa (after Growthpoint) with assets worth R72,9bn against a market capitalisation... read more |
| REINET |
Reinet (RNI) is an investment holding company whose main asset is a holding of roughly 3% of British American Tobacco (BAT) which now accounts for 40,6% of its... read more |
| REMGRO |
Johann Rupert's Remgro (REM) is an investment holding company which owns 28,2% of Rand Merchant Bank Holdings (RMH) and 3,9% of Firstrand. But that is not Remgro's... read more |
| RENERGEN |
Renergen (REN) describes itself as an "integrated alternative energy business" which invests in renewable energy projects in Africa. The company listed on the... read more |
| RESGEN |
Resource Generation (RSG) is a junior coal mining company that is busy developing the Boikarabelo mine in the Waterberg in Limpopo Province. The company listed on the Australian Stock Exchange... read more |
| RESILIENT |
The Resilient group of companies (Resilient, Lighthouse - previously Greenbay, Rockcastle and Fortress) used to be the high-flyers of the property sector until... read more |
| REUNERT |
Reunert (RLO) is a company involved in electrical appliances, electrical engineering and information communications. The company has been in existence for 130... read more |
| REX-TRUE |
Rex Trueform (RTO) is an extremely thinly traded company listed on the JSE - which makes it completely impractical for private investors in its current form. The company was established in 1937... read more |
| REXTRUE-N |
Rex Trueform (RTO) is an extremely thinly-traded company listed on the JSE - which makes it completely impractical for private investors in its current form. The company was established in 1937... read more |
| RHBOPHELO |
RH Bophelo (RHB) is a black-owned African healthcare company that listed on the JSE in July 2017 as a "special purpose acquisition company" (SPAC) after raising... read more |
| RHODES |
Rhodes (RFG) is a Western Cape manufacturer of convenience foods - started by Cecil John Rhodes in 1896. It has several well-known South African brands like Bisto,... read more |
| RICHEMONT |
Richemont (CFR) is the world's second-largest supplier of luxury goods controlled by the Rupert family in Stellenbosch. Its sales are entirely located overseas... read more |
| RMBH |
Rand Merchant Bank Holdings (RMH) is a company which owned 34,1% of Firstrand and, since 2016, has been investing in property. RMBH was started 41 years ago by... read more |
| RMIH |
Rand Merchant Investment Holdings (RMI) is an investment holding company which owns a financial services portfolio worth R56bn consisting of 24,8% of Discovery,... read more |
| ROCKWELL |
Rockwell (RDI) develops and operates alluvial diamond deposits. The company owns and operates the Wouterspan property in Douglas, South Africa. This property has previously been mined, but has... read more |
| ROLFES |
Rolfes (RLF) is a black-empowered chemicals company in the fledgling sector of the JSE which supplies products to the agricultural, chemicals, colourants, food ingredients and water industries.... read more |
| S-OCEAN |
South Ocean (SOH) is a manufacturer of low-voltage electrical cables and an importer of light fittings and electrical accessories. The company has an electrical cable manufacturing plant at Alrode... read more |
| SA-CORP |
SA Corp (SAC) owns a group of 199 industrial, retail, storage, residential and office properties in South Africa plus a 50% stake in a joint venture in Zambia... read more |
| SABCAP |
Sabvest Capital (SBV) is an investment holding company which listed on the JSE in 1988. Previously, the company had both ordinary and "N" shares which were very... read more |
| SAFARI |
Safari (SAR) is a real estate investment trust (REIT). The company owns 9 operational properties in South Africa - 8 retail outlets and one day-care center with... read more |
| SANLAM |
Sanlam (SLM) is one of the largest insurance and financial services groups in South Africa. It was established in 1918 and demutualised in 1998 and then listed... read more |
| SANTAM |
Santam (SNT) is South Africa's largest short-term insurer with about 22% of the market. This means that it does not engage in endowment insurance, annuities or... read more |
| SANTOVA |
Santova (SNV) is an international logistics company with 19 offices in 7 countries. The company designs, implements, coordinates, controls and monitors international... read more |
| SAPPI |
Sappi (SAP) manufactures paper, dissolving wood pulp (DWP) and paper pulp internationally and supplies products in 150 countries. DWP is used to manufacture clothing,... read more |
| SASFIN |
Sasfin (SFN) is a banking group that specialises in various types of finance for small businesses and high net-worth individuals. It was listed on the JSE in 1987. The company has been investing... read more |
| SASOL |
Sasol (SOL) is a massive international chemicals and energy company which has its roots in the oil-from-coal technology developed during the apartheid era in South... read more |
| SATRIX40 |
The Satrix Top 40 (STX40) is an ETF (exchange traded fund) that tracks the FTSE/JSE Top 40 providing exposure to the 40 largest shares, by market capitalisation, listed on the JSE. The Satrix... read more |
| SEAHARVST |
Sea Harvest (SHG) is South Africa's most popular frozen fish brand with about 38% of the market. It is controlled by Brimstone which has a 54,92% stake. Sea Harvest catches, processes and freezes... read more |
| SEBATA |
Sebata (SEB) is an investment holding company with four divisions - software solutions, water technologies, ICT support services and consulting. Their software... read more |
| SEPHAKU |
Sephaku (SEP) is a construction materials business in South Africa which supplies ready-mixed cement products and cement to the construction industry. The group... read more |
| SEREIT |
Schroder European Real (SCD), Sereit, is a real estate investment trust (REIT) which invests in properties in Europe. The company listed in London and on the JSE... read more |
| SHOPRIT |
Shoprite (SHP) is the largest grocery retailer and consumer goods company in Africa. Intense price competition has prevented supermarkets from passing on price... read more |
| SIBANYE-S |
Sibanye (SSW) is a mining house which has been on a rapid acquisition trail accumulating platinum and gold mines in South Africa and America and is now broadening... read more |
| SILVERB |
Silverbridge (SVB) is a small IT and communications company which focuses on the financial sector. The company operates in 4 divisions - software, outsourcing, data and digital solutions. In... read more |
| SIRIUS |
Sirius (SRE) is a real estate investment trust (REIT), listed on the JSE and the London Stock Exchange (LSE), which specialises in office, manufacturing and warehousing... read more |
| SOUTH32 |
South 32 (S32) was spun out of BHP Billiton in 2015 and contained all of BHP's South African coal assets. It is, in its own right, a diversified miner of base... read more |
| SPANJRD |
Spanjaard (SPA) is a thinly-traded distributor and manufacturer of specialised lubricants and related products for industrial and automotive applications. It has... read more |
| SPAR |
Spar (SPP) runs a chain of supermarkets across Southern Africa with 2402 stores. It also operates the Build-It chain in hardware and building materials and the... read more |
| SPEARRIT |
Spear (SEA) is a real estate investment trust (REIT) which specialises in properties in and around Cape Town. It was started by Mike Flax and the CEO is Quintin... read more |
| SPURCORP |
Spur (SUR) is a very well-known franchisor with 631 fast-food restaurants. In South Africa it has 559 restaurants (with 80% able to trade during load-shedding)... read more |
| STADIO |
Stadio (SDO) is a tertiary education institution that offers a wide range of post-school training. The company offers higher education through five universities offering higher certificates,... read more |
| STANBANK |
Standard Bank (SBK) is 158 years old and is South Africa's second largest bank by market capitalisation - after First National Bank. It has widespread interests in the rest of Africa which are... read more |
| STEFSTOCK |
Stefanutti (SSK) is a South African construction company which offers roads and earthworks, marine construction, concrete structures, bulk pipelines, piling, geotechnical... read more |
| STEIN-NV |
This share has been the subject of considerable drama since the Viceroy Report was produced in December 2017. Basically, the company has admitted to "accounting... read more |
| STELLAR |
Stellar Capital (SCP) is an investment holding company with interests in financial services companies (Prescient, Friedshelf and Praxis). In its results for the year ended 30th June 2021 the... read more |
| STOR-AGE |
Stor-age (SSS) is the JSE's only real estate investment trust (REIT) which specialises in buying and running domestic storage facilities in all major South African... read more |
| SUNINT |
Sun International (SUI) is a casino and hotel operator with interests in South Africa, Chile, Peru and recently, Argentina. The depressed economy in South Africa impacted on the performance of... read more |
| SUPRGRP |
Super Group (SPG) is a large international logistics group offering transportation to the industrial sector. The company has a policy of not paying dividends, preferring to undertake share buy-backs... read more |
| SYGNIA |
Sygnia (SYG) describes itself as a "specialist financial services group". It is South Africa's largest provider of exchange traded funds (ETF) and has a number... read more |
| TASTE |
This share has been re-named Luxe. |
| TCS |
This company claims to be an IT company supplying software and administration services to municipalities and provincial governments. It has no active website and the share has been suspended... read more |
| TELEMASTR |
Telemasters (TLM) is a company which supplies voice, data and cloud communications using fixed line, fixed cellular, fixed data and PBX services. It has three... read more |
| TELKOM |
Historically, Telkom (TKG) was the government-controlled provider of fixed line telephone connectivity in South Africa. With the advent of cell phones, Telkom... read more |
| TEXTAINER |
Textainer (TXT) is one of the world's largest lessors of containers with 3,5m twenty-foot-equivalent units (TEU) in its fleet. It is listed on the New York Stock exchange and on the JSE. The... read more |
| TEXTON |
Texton (TEX) is a small real estate investment trust (REIT). The company owns 48 retail, industrial and office properties, 55,4% of which are in South Africa and the balance in the UK. After... read more |
| TFG |
The Foschini Group (TFG) is an international retailer of 28 fashion brands. It has 4083 trading outlets in 32 countries around the world. It has a division in... read more |
| THARISA |
Tharisa (THA) is a mining company that mines and beneficiates platinum group metals (PGM's) and chrome. The company is listed in London and on the JSE. The Tharisa... read more |
| THL |
Tsogo Sun Hotels (THL) was split out of Tsogo Sun (TSG) in June 2019 and separately listed to house Tsogo's hotels and hospitality business. The company is a major supplier of hotel accommodation... read more |
| THUNGELA |
Thungela (TGA) is Anglo American's coal assets which has been unbundled into the hands of Anglo shareholders and separately listed on the JSE and the LSE because... read more |
| TIGBRANDS |
Tiger Brands (TBS) is a massive, diversified food producer and marketer in South Africa. It produces and sells such well-known brands at Jungle Oats, Tastic Rice,... read more |
| TONGAAT |
Tongaat (TON) is two businesses - land development and sugar. The company owns 17600 hectares of land of which 9100 hectares along the Natal coast can be developed.... read more |
| TORRE |
Torre (TOR) is an industrial company which operates through various divisions. Torre itself supplies a range of branded products such as Gabriel, Autolite, Textar and High-lift to companies in... read more |
| TOWER |
Tower (TWR) is a diversified property company which owns 41 properties worth approximately R4,5bn in South Africa and Croatia (5 properties accounting for 37% of the portfolio). Its properties... read more |
| TRADEH |
Tradehold (TDH) is a real estate investment company with property in the UK (39,5%) and Southern Africa which is 48% owned by Christo Wiese. More than 40% of its... read more |
| TRANSCAP |
Transaction Capital (TCP) is a company which has three divisions - minibus taxis, risk services, and WeBuyCars. It specialises in financing, repairing, insuring... read more |
| TRANSCEND |
Transcend (TPF) is an Alt-X listed real estate investment trust (REIT) which specialises in residential property. It listed at the start of 2016, but is exceedingly thinly traded with a portfolio... read more |
| TRELLIDOR |
Trellidor (TRL) is a manufacturer of barrier security products, blinds and security shutters since 1976. The company is divided into the Trellidor business (security barriers) and the Taylor... read more |
| TREMATON |
Trematon (TMT) is an investment holding company with subsidiaries, joint ventures and associate companies, mostly in the Western Cape. The company also invests... read more |
| TRENCOR |
Trencor's (TRE) primary asset is 47,78% of Textainer, a US listed renter of shipping containers (Twenty-foot units or TEUs). It should be noted that Trencor spent... read more |
| TRNPACO |
Transpaco (TPC) is a small manufacturer of paper and plastic packaging. It is also involved in re-cycling. In its results for the year to 30th June 2021 the company reported revenue from continuing... read more |
| TRNSHEX |
Trans Hex (TSX) is one of the longest standing diamond-mining operations listed on the JSE with more than 50 years in the business. For most of its life, Trans Hex mined diamonds which it found... read more |
| TRUSTCO |
Trustco (TTO) is a financial services group operating out of Namibia and controlled by its CEO, Dr. Q. van Rooyen who holds just over 50% of the shares. The company has three main areas of activity... read more |
| TRUWTHS |
Truworths (TRU) is a clothing, footwear and accessories retailer that operates in Southern Africa and the UK, and is listed on the JSE and the Namibian Stock Exchange. It makes 70% of its sales... read more |
| TSOGO-SUN |
Tsogo (TSG) is a gaming, hotel and entertainment business which has split into separate gaming and hotel businesses in order to unlock shareholder value and to... read more |
| UNICORN |
Unicorn Capital (UCP) is a company which outsources mainly to the coal mining industry. The company has been listed in the JSE's fledgling division since 1993 and went through a major restructuring... read more |
| UNION |
Union Atlantic (UAT) is a junior mining operation which seeks to exploit base metals and minerals through brownfield exploration (development where the minerals have already been discovered).... read more |
| UPARTNERS |
Universal Partners (UPL) is an investment holding company with a primary listing in Mauritius and a secondary listing on the Alt-X of the JSE. It listed in 2013... read more |
| VALUE |
Value Group (VLE) is a logistics company operating in Southern Africa with six divisions (1) Transportation (2) Distribution (3) Warehousing (4) Import and Export (5) Materials Handling (6) Repairs... read more |
| VERIMARK |
Verimark (VMK) is a well-known South African retailer of unusual products which cannot generally be found in conventional shops. It sources, develops and distributes products in housewares, fitness,... read more |
| VISUAL |
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... read more |
| VIVO |
Vivo (VVO) is an energy share which owns Shell service stations mainly in South Africa, but also in other countries in Africa to the North. Vivo has bought 230... read more |
| VODACOM |
Vodacom (VOD) is South Africa's largest airtime and data provider for cell phones. It is a subsidiary of the international company Vodaphone. Its competitors are... read more |
| VUKILE |
Vukile (VKE) is a real estate investment trust (REIT) trading on the JSE and the Namibian Stock Exchange. It owns properties directly, shares in other REITs, property... read more |
| VUNANI |
Vunani (VUN) is a black-owned financial services group with interests in asset management, investment, banking, property and stockbroking. It also has an interest... read more |
| WBHO |
WBHO (WBO) is now South Africa's largest construction company - after the relative demise of Aveng and Murray & Roberts. It has a market capitalisation of about R7bn. It diversified early... read more |
| WEARNE |
Wearne (WEA) is a supplier of materials to the building and construction industry. It supplies pre-mix products, pre-cast concrete products, readymix concrete and aggregates. It is listed on... read more |
| WESCOAL |
Wescoal (WSL) is a 51% black-owned South African coal mining and distribution company. Its revenue is derived 35% from its trading division which supplies coal... read more |
| WESIZWE |
Wesizwe (WEZ) is a miner of platinum group metals through its development of the Bakubung Platinum Mine (BPM). The company is developing a mine to access the Merensky... read more |
| WILDRNESS |
Wilderness Holdings (WIL) is a tourism company which is focused on safari tours together with transfers, camps, as well as finance and asset management. It serves an international market with... read more |
| WOOLIES |
The sad fall of the Woolworths share (WHL) price was occasioned by the decision of previous CEO, Ian Moir, and his board to buy David Jones in Australia for AU$2,1bn... read more |
| WORKFORCE |
Workforce (WKF) is a labour broker that also does recruitment, specialist staffing, training, consulting, employee health management and sells financial and insurance products. The Constitutional... read more |
| YEBOYETHU |
Yeboyethu (YYLBEE) is a special purpose vehicle (SPV) which was formed on 19th June 2008 as a BEE scheme with the objective of holding "A" ordinary shares of Vodacom. It originally held 3,44%... read more |
| YORK |
York Timber Holdings (YRK) is a forestry company which owns plantations and processing plants, as well as a wholesaling distribution network. It is the biggest... read more |
| ZARCLEAR |
This is an A2X-listed investment holding company focused on financial market infrastructure and managing a capital base. Their investment portfolio is located 38% in South Africa and 62% overseas.... read more |
| ZEDER |
Zeder (ZED) is PSG's listed, 43,7%-held, investment holding company in agriculture. Zeder sold its stake (28,6%) in Pioneer Foods (PFG) with a sum-of-the-parts... read more |
| ZPLATPREF |
| ZX-TWK |
TWK (ZXTWI) describes itself as, "a diversified agriculture and forestry company, headquartered in Piet Retief, Mpumalanga. It operates mainly in Mpumalanga and Kwazulu-Natal, but with business... read more |