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New JSE listings
#46
New ABSA ETFs coming in the next couple of months. Not going to go into too much detail, but they'll compliment NFEMOM wrt factor investing. Will definitely be giving them a look Smile
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#47
(04-03-2017, 09:28 AM)Hamster Wrote: New ABSA ETFs coming in the next couple of months. Not going to go into too much detail, but they'll compliment NFEMOM wrt factor investing. Will definitely be giving them a look Smile
... I'm interested
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#48
4Sight Holdings
Purpose of the Private Placement

4Sight Holdings intends listing on the AltX in the Software and Computer Services sector of the JSE Lists. The listing of 4Sight Holdings on the AltX supports the Company’s aim of creating an international technology group that is run by exceptional individuals with entrepreneurial expertise, as supported by four key listing value drivers, being: 

Access to funding for: 
- Acquisitions; 
- Development and go-to-market of internal products; and 
- Incubator projects in various stages of development 

Visibility: Increased exposure to the markets, with analyst coverage raising the profile of the company; 

Credibility: Our customer base is dominated by corporates. They seek a secure and credible supplier and being listed on the JSE provides this credibility; and Talent attraction from a global network pool due, in part, to the visibility of the listing, but also from having greater opportunities to engage with the media.

The key drivers will all result in accelerated growth which, in turn, will drive shareholder value. 

The Company wishes to raise up to R300 000 000 through the AltX Listing, of which approximately R52 000 000 ($4 000 000) will be used to settle the cash amounts owed by Digitata Mauritius as disclosed in Annexure 10. 

The balance will be used for expansion, primarily by way of acquisitions both in South Africa and internationally with up to R60 000 000 for various incubator projects that are expected to yield worldwide revenue over time. A portion of the funds will be used to settle costs associated with the capital raising as the majority of the costs associated with listing have been settled at the Last Practicable Date. The capital will primarily be raised in South Africa. As at the date of this Prospectus, 4Sight Holdings is not listed on any Stock Exchange.

SALIENT DATES AND TIMES 2017
Date on which the Private Placement contemplated in this Prospectus will be open at 12h00 on Thursday, 21 September
Date of release of the abridged prospectus on SENS Thursday, 21 September
Expected last date for indications of interest for purposes of the book build Thursday, 12 October
Date on which shareholders will be advised of their allocations Tuesday,17 October
Date on which funds will be debited from shareholders’ accounts or payments made into the Company’s bank account Wednesday, 18 October
Date on which the results of the Private Placement will be released on SENS Thursday, 19 October
Listing of securities on the JSE at 9h00 on

More info here: https://www.easyequities.co.za/NewListin...stingId=99

#49
I took up the private placement offer for these guys, hoping for good things when they list

#50
New listing by AEEI coming to the JSE.Check it out below.
https://www.businesslive.co.za/bd/compan...r-listing/

#51
I watched the webinar from PDSnet seems there is a new JSE listing on the way from AEEI called Ayo Technology.

Anyone have any more information on Ayo Technology?
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#52
(10-23-2017, 07:51 AM)YoungInvestor Wrote: New listing by AEEI coming to the JSE.Check it out below.
https://www.businesslive.co.za/bd/compan...r-listing/

Oh I see you posted about this, who is British Telecoms SA?
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#53
From Keith on Twitter:

.New listings suddenly trickling onto JSE... Very good sign. Here's one https://t.co/ScfIvnVIcR and here's the other https://t.co/6H7BfZLEU2 I have not yet formed an opinion on either.
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#54
From Twitter:

If #Sagarmatha manages to pull off #SouthAfrica first #ecommerce #IPO, @lootcoza will give @TAKEALOT a serious run for their money and has the potential of dominating local #ecommerce market.
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#55
(04-04-2018, 07:44 AM)Spreadsheet Ranger Wrote: From Twitter:

If #Sagarmatha manages to pull off #SouthAfrica first #ecommerce #IPO, @lootcoza will give @TAKEALOT a serious run for their money and has the potential of dominating local #ecommerce market.

Yeah, not touching this. You've got a ridiculous valuation and a Zupta linked executive involved.
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#56
But in the e-commerce space these guys are pretty big?

Loot ran quite a successful Black Friday campaign, surely some room there to take on the loss making takealot?
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#57
Nevermind, after reading this https://www.dailymaverick.co.za/article/...cal-beast/ it seems the JSE has little backbone.
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#58
(04-07-2018, 06:10 PM)Spreadsheet Ranger Wrote: But in the e-commerce space these guys are pretty big?

Loot ran quite a successful Black Friday campaign, surely some room there to take on the loss making takealot?

Loot isn't nearly as big as people think. Hopefully one day they are and can be a real Takealot competitor (all things considered). They're one of my favourite online stores but definitely not the "Amazon of South Africa"
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#59
Consumer packaging company Libstar to list on the JSE

Consumer packaged goods company Libstar has announced its intention to float on the main of board of the JSE.

The company, which was built up over 12 years and has a revenue of R8.8 billion, specialises in the consumer packaged goods (CPG) sector and expects to list in the Food Products sector of the JSE.

Company CEO and co-founder Andries van Rensburg, said the capital raised from the listing would be used to support Libstar’s growth prospects and to enable further investment in its product categories and manufacturing facilities.

Libstar has 27 business units across South Africa and has seven product categories and three product offerings, which are manufactured, marketed and sold across four sales channels, namely retail and wholesale, industrial, food service industry and exports.

The seven product categories include perishables, ambient groceries, baking, snacks and confectionaries, beverages, personal care products and specialised food packaging.

Some of the well-known brands associated with the Libstar Licensed brand include Robertsons, Weigh-Less, Goldcrest and Safari.

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Companies and DealsConsumer packaging company Libstar to list on the JSE

The company hopes the listing will enable more international investment.

Aarti Bhana  /  9 April 2018 18:25     No comments so far

Consumer packaged goods company Libstar has announced its intention to float on the main of board of the JSE.

The company, which was built up over 12 years and has a revenue of R8.8 billion, specialises in the consumer packaged goods (CPG) sector and expects to list in the Food Products sector of the JSE.

Company CEO and co-founder Andries van Rensburg, said the capital raised from the listing would be used to support Libstar’s growth prospects and to enable further investment in its product categories and manufacturing facilities.

Libstar has 27 business units across South Africa and has seven product categories and three product offerings, which are manufactured, marketed and sold across four sales channels, namely retail and wholesale, industrial, food service industry and exports.

The seven product categories include perishables, ambient groceries, baking, snacks and confectionaries, beverages, personal care products and specialised food packaging.

Some of the well-known brands associated with the Libstar Licensed brand include Robertsons, Weigh-Less, Goldcrest and Safari. 

Source: Libstar

The company has three existing shareholders, the biggest is Dubai-based Abraaj, with a 70.93% stake. The other two are the Public Investment Corporation and Libstar Management, with 19.36% and 9.71% stakes respectively.

Libstar’s intention to list comes from its desire to expand capacities and create additional capabilities in its existing production facilities. The company also said through this listing, it wants to encourage more investment in the current business unit for improvement in its margins and to enable more organic growth in the company. Libstar also wants to use the JSE’s platform to enable more international investment.

Libstar has reported an ongoing increase in profits and growth.

In the 2014 financial year, revenue was at R4.75 billion, which grew to R8.8 billion in the 2017 financial year. Essentially, a compound annual growth rate of 23%.

Libstar has an initial target dividend payout ratio of 30% to 40% of “pro-forma profit after tax”. According to the statement, dividends will be decided by the board and will be a function of the profitability of growth opportunities available to the company’s strategy.

The listing is yet to be approved by the JSE

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#60
I won't touch this stock with a ten-foot pole.






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