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New JSE listings
#1
Information on newly soon to be listed JSE companies.

Please post details and notices here for any new companies listing on the JSE.

New JSE listings to be posted here.

New ETFs listing on the JSE to be posted here -> New ETFs Thread
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#2
VBS Mutual Bank to list on the JSE

JOHANNESBURG – VBS Mutual Bank, which made headlines last year after it gave South African President Jacob Zuma a loan to reimburse the state for upgrades to his personal home, plans to list on the Johannesburg Securities Exchange, its chairman said on Thursday.

The bank lent Zuma R7.8 million after a court ordered he pay back part of the $16 million the state spent on his luxury home.

The lender, whose clients are mostly rural homebuilders or small businesses, plans to expand from only four branches now to a nationwide network, chairman Tshifhiwa Matodzi said.

“It is a no-brainer to list within the next 3 years,” Matodzi told Reuters after a media conference.

VBS has its roots in a 1980s building society based in Venda, a rural area given a degree of autonomy by the apartheid government before 1994. It has 30 000 clients with deposits of around R800 million.

“First we will convert from a mutual bank to a bank, then we will list on the JSE,” Matodzi said, adding that the institution wanted to broaden its shareholder base.

Though VBS got plenty of publicity for the loan to Zuma last year, the president is not among VBS’s biggest debtors, having “maybe one of the top-20 home loans,” said Matodzi.

The Public Investment Corporation, Africa‘s largest fund manager with more than $120 billion of South African government employee pension assets under its custody, is a major shareholder in VBS, holding 25%.

The lender on Thursday signed an agreement with a church group to issue cards to the church’s 6.8 million members. Though they will not automatically bank with VBS, the bank said it hoped to sign them all up eventually.

#3
CAPE TOWN – South Africa’s African Equity
Empowerment Investments will list its fishing
and food unit on the Johannesburg Stock
Exchange on March 2 to grow its market share,
its chief executive said on Wednesday.
Khalid Abdulla said the firm expected the Initial
Public Offering (IPO) to value the unit at around
R1.2 billion ($90 million) and that the cash “war
chest” from the IPO will be used for further
growth and acquisitions.
“We will be raising about R550 million with the
listing and obviously we will use that money to
grow the business further, to buy other fishing
and food-related businesses,” Abdulla told
Reuters in an interview.
“We will have a nice war chest to go and build
this business to another level,” he said.
He said the company, South Africa’s largest
black-owned and managed fishing and food
firm, will be placing about 45-49% of Premier’s
share on the market, with each share selling for
approximately R4.50.
Headquarted in Cape Town, Premier Food and
Fishing said during its 2016 end-of-year results
that operating profit rose by 37% to R74 million
on the back of higher sales and good catch
rates.
Abdulla said the firm would initially be looking
for acquisition opportunities in the fishing
sector that complement Premier’s existing
portfolio of species – where it holds medium to
long-term quotas for west coast rock lobster,
squid, pilchards and hake.
He said Premier’s empowerment credentials,
part of government policy to spread wealth to
the majority of blacks excluded during white-
minority rule, should stand it in good stead
when buying other companies.

#4
As demand for schools in densely-
populated areas of Gauteng grow
‚ Pembury Group Limited (PL Group)‚ that
runs 19 schools‚ says it believes it will be
given the go-ahead to list on the stock
exchange in February.
The Group has started the application to
list on the smaller arm of the
Johannesburg Stock Exchange – the AltX
— in December after being given the go-
ahead by the JSE.
Chairman of the PL Group Andrew
McLachlan said listing was planned for
February and since the announcement
‚ large investors had shown interest in it
even asking‚ unsuccessfully‚ to buy the
company.
AltX is a smaller exchange for medium-
sized and small businesses to raise capital
and it has less stringent financial
requirements for listing.
The PL Group‚ which also runs retirement
homes‚ moved into schools in 2015
starting with 400 pupils at Willow View
Academy in Kempton Park.
After two years‚ the group now has 19
schools in Gauteng and the North West
with 2‚300 pupils. The group uses existing
commercial properties that lend
themselves to being converted into
schools such as office blocks or
guesthouses for schools.
Mclachlan said: "Other private schools
may need about R100‚000m in order to
build a school‚ Ours will cost between
R10m and R15m."
The schools are built in densely-populated
areas.
The schools use sports courts similar to
action cricket courts for sports activities
instead of traditional sports fields.
In 2017‚ the group will open three new
campuses in Centurion‚ Roodepoort and
Springs.
The group already has schools in
Northriding‚ Hartbeespoort and Ruimsig
in Roodepoort.
Mclachlan says private education was
helping the government which struggled
to place pupils.
Both Curro schools and ADvTECH that
owns Crawford colleges and Trinity House
schools are listed on the main JSE
exchange.

#5
Pembury Group Limited is one I will be watching!

I only own 2 stocks (I am still new to all this.)

ADvTECH and Curro, since 2012 and its been incredible especially ADvTECH so I will be adding Pembury to my portfolio as well.

#6
Kaap Agri said at there AGM that they will list on the main board of the JSE
Register on Platinum Wealth (My referral link)

#7
Premier Fishing - Is it trading now?
Register on Platinum Wealth (My referral link)

#8
Remember Premier Food & Fishing goes live on JSE on 2 March. Thankful that my pre-order was approved:

We’ve got some good news for you Daniel
We can confirm that the Premier Food and Fishing private placement you applied for has been approved and you'll be getting the full amount which you applied for! Can we get a whoop whoop!
The full value of the Premier Food and Fishing shares which you requested will be credited to your account on 2 March 2017 when the company is live and trading on the market.
Want to know a little more about your new shares? In case you missed it, you can read this pre-listing company note by financial analyst Mark Ingham:
[Image: ?pg=fdbd7402-15c3-468e-8985-2bd6205f2073...0&ic=false]
If you want in on some more Premier Food and Fishing shares, you'll be able to buy them on EasyEquities from Thursday
Entrepreneur with a marketing and sales background.

Register to invest via Easy Equities: http://bit.ly/2mDNXsT


#9
(02-28-2017, 10:29 AM)Spreadsheet Ranger Wrote: Premier Fishing - Is it trading now?

IPOs on 2 March
Entrepreneur with a marketing and sales background.

Register to invest via Easy Equities: http://bit.ly/2mDNXsT


#10
(02-16-2017, 12:30 PM)Spreadsheet Ranger Wrote: Kaap Agri said at there AGM that they will list on the main board of the JSE

They are taking on Builders Waherhouse, etc. Cant wait for this listing (separation from Zeder).
Does anyone know how to buy this OTC before the IPO?
Entrepreneur with a marketing and sales background.

Register to invest via Easy Equities: http://bit.ly/2mDNXsT


#11
(02-05-2017, 05:04 PM)Noobly Wrote: Pembury Group Limited is one I will be watching!

I only own 2 stocks (I am still new to all this.)

ADvTECH and Curro, since 2012 and its been incredible especially ADvTECH so I will be adding Pembury to my portfolio as well.

Hey Noobly, why do you own only education stocks? It's wise to diversify across sectors and pick the best 1 or 2 companies per sector, otherwise just buy ETFs.
Entrepreneur with a marketing and sales background.

Register to invest via Easy Equities: http://bit.ly/2mDNXsT


#12
(02-28-2017, 10:48 AM)Dancshares Wrote: Hey Noobly, why do you own only education stocks? It's wise to diversify across sectors and pick the best 1 or 2 companies per sector, otherwise just buy ETFs.

Totally agree with you there, back then I was still noobly I think I should ask for a username change I am now Intermediately Tongue

I added some other stocks namely dbxWD and NFEMOM so two diversified ETFs plus my two private schools I am a happy camper so far.

Welcome to the Forum btw!

#13
(02-28-2017, 10:46 AM)Dancshares Wrote: They are taking on Builders Waherhouse, etc. Cant wait for this listing (separation from Zeder).
Does anyone know how to buy this OTC before the IPO?

@Groovy should have some insight.

#14
(02-28-2017, 10:53 AM)Outlook Wrote: @Groovy should have some insight.

@Danceshares @outlook i haven't bought them OTC, but I'm interested in buying them when they list on the jse mainboard.

#15
(02-28-2017, 05:21 PM)Groovy Wrote: @Dancshares @outlook i haven't bought them OTC, but I'm interested in buying them when they list on the jse mainboard.

@Groovy thanks, better prices if we can buy OTC, but I've heard that guys are not selling (lots of bids but no offers) due to the exciting listing on the main board later this year. Bleh.
Entrepreneur with a marketing and sales background.

Register to invest via Easy Equities: http://bit.ly/2mDNXsT







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