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ZarX Stock Exchange
#91
Was about to post the same!

TWK Investments Ltd (TWK) will be ZAR X’s third listing since the exchange commenced trading in February 2017 and will be one of the pillars of the exchange’s planned agricultural index.

“TWK is the first of a series of listings we will be announcing in the next several weeks,” says ZAR X co-founder and CEO, Etienne Nel. “The other listings will cover a range of different industry sectors, but TWK is significant for us in that it joins Senwes and SenwesBel, our first issuers, in demonstrating the value of agriculture as an asset class.

https://www.fanews.co.za/article/company...ents/22322
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#92
The average joe still don't have access to investing on their platform via normal brokers though?

#93
(06-02-2017, 08:58 AM)Purply Wrote: The average joe still don't have access to investing on their platform via normal brokers though?

According to the last article it seems you can trade using Afrifocus Securities, Anchor Securities Stockbrokers, Independent Securities, Saxo Capital Markets ....still no EasyEquities tho :-(

#94
(06-02-2017, 01:35 PM)Miss Behavin Wrote: According to the last article it seems you can trade using Afrifocus Securities, Anchor Securities Stockbrokers, Independent Securities, Saxo Capital Markets ....still no EasyEquities tho :-(

Yeah I got that part, thanks

By average joe I'm thinking more in the line of Absa,Nedbank, other banks, and of course EE

#95
ZARX will be looking at new listings. The stock exchange to keep your eye on is A2X who will be competing directly with the JSE by targeting high quality blue chips. This should bring prices for data down substantially.

#96
Listing on new exchange lifts TWK

TWK Investments’s share price jumped 5.26% to settle at R13 on Monday, as the 77-year old agricultural group made its debut on the new exchange, ZAR X.
TWK Investments CEO André Myburgh said he hoped the listing would improve interest and liquidity in the share, which was trading at a 50% discount to net asset value. Independent analyst Mark Ingham said the business was attractively valued and prudently managed. "It has also moved with the times and diversified," Ingham said.
TWK provides products and services to the agricultural community, from timber plantation management and grain storage to finance, insurance and motor vehicle sales.
It is the second agricultural co-operative to list on ZAR X, joining Senwes, which listed in February. Zeder’s Kaap Agri will be separately listed on the JSE in 2017.
These listings give investors the opportunity to gain exposure to primary agriculture as an asset class. In the case of Senwes and TWK, they also indicate the emergence of interesting opportunities as companies that traded over the counter migrate to regulated exchanges.
TWK’s listing was a migration from an over-the-counter platform to a licensed exchange and did not entail the issuing of new securities. With just more than 700 shareholders and 35.1-million shares in issue, TWK Investments is majority owned by TWK Agricultural Holdings.
The Vumbuka Trust, a broad-based black economic empowerment trust, holds 25% of TWK Agri, which houses the group’s main businesses, holding 75% of TWK Investments.
Just more than 18,000 shares changed hands on Monday across 17 deals, at a total value of R232,160.
With a market capitalisation of R456m, TWK is trading on a price:earnings multiple of four. Its net asset value at August 31 2016 was R874m.
The share was trading at a significant discount to its net asset value and it would cost a lot more than R900m to replace the business, Ingham said. "It is undervalued in relation to its replacement value."
Earnings per share for the year to August rose 45% on the previous period’s to 339c. Revenue grew 23% to R6.5bn, with profit before tax climbing 39% to R158.7m. The board declared a final dividend of 44c per share, which at Monday’s share price suggests a dividend yield of about 3.4%.
Growth in revenue and profit was likely to continue, said chief financial officer Eddie Fivaz.
The agricultural sector would grow in importance, Ingham said. While an uncertain political environment did pose risks, South African farmers’ best years could still lie ahead of them, he said.
TWK Investments would consider a capital raise to fund bolt-on acquisitions that complemented its existing businesses, Myburgh said.
ZAR X CEO Etienne Nel earlier said that the exchange would announce a number of listings in the coming weeks.
It had signed up five stockbrokers, with five more set to join, he said.

https://www.businesslive.co.za/bd/compan...lifts-twk/

#97
If my math is correct TWK is trading on a PE of 4 times and DY of 3,4%....that's not expensive !?

https://www.zarx.co.za/company-list/entr...ts-limited

#98
When/where can we buy ZARX stocks?

What are the costs involved?
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#99
(06-14-2017, 09:38 AM)Spreadsheet Ranger Wrote: When/where can we buy ZARX stocks?

What are the costs involved?

From what I've seen on their site you need to phone a specific broker like AfriFocus or Saxo

(06-14-2017, 12:38 PM)Hamster Wrote: From what I've seen on their site you need to phone a specific broker like AfriFocus or Saxo

I do not want to phone another human.

Can one do this online?
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Saw this on Twitter

Small Talk Daily Grain giant Senwes FY17 results out HEPS +37% to 108.4cps & divii payments resumed.Great result

https://twitter.com/SmallTalkDaily

https://www.zarx.co.za/zaps/detail/provi...d-20170629

I want to meet this man face 2 face.

https://www.zarx.co.za/blog/detail/why-p...-inclusion

As if he reads my brain.

Quote:Principles are funny things. They really do make things easier and better. As we will begin to see happening in the financial markets in South Africa.

I can state this with confidence because ZAR X is the catalyst for the improvement.
Why? Because we are the first stock exchange in this country to introduce a principles based listings regime. Not just in terms of principles based listing requirements, but by embedding a principles approach at all levels of strategy and operation.

For instance, we believe fundamentally in the principle that financial inclusion is an imperative for the financial sector and for society as a whole to prosper.

While seemingly altruistic, promoting financial inclusion is simply the right thing to do.

If people are excluded from the means to grow savings and investments, every South African will ultimately be socially, emotionally, and financially impoverished.

Until now, the financial markets have simply carried on doing things they way they’ve always been done, effectively entrenching exclusion. No-one could buy shares without being among a select few who have the means to invest in the markets.

Yes, indirectly, through life insurance and your pension, you could participate in the wealth of business. But without choice or control. That aside, the majority of South Africans have neither life insurance nor a pension.

It’s not that the markets cannot be opened up. It’s just that no-one has taken the initiative until now. As we always ask: Why not?

On principle, we are taking the initiative. We’re enhancing the efficiency and reducing the administrative burden of the way things are currently done by introducing a principles based listing regime. It slashes the cost of listing by 60% initially and 80% on an ongoing basis.

Which means that companies that, sensibly, would have refused to spend the time and money needed to meet rules based listing requirements now have a viable and compelling alternative new avenue for raising capital. They will grow and create jobs and, in the process, broaden the number of people who can afford to spend R1 000 creating an investment via share ownership.

A principles based approach is a self-fulfilling success story. Everyone wins.

Also, one of the founding elements of a principles based listing regime is that it focuses on integrity and expertise – the integrity and expertise of business owners and operators. So, our listing regime can rely on the Companies Act, among other relevant pieces of legislation, to ensure that issuers operate legitimately and ethically. We don’t need to impose further criteria or force companies to be audited by multiple entities.

By focusing on integrity and expertise, we are able to eliminate bloated and unnecessary regulatory structures out of which stock exchange related businesses make money at the expense of ordinary businesses and the average Joe. Funny thing, isn’t it, how principles and integrity actually make things more flexible, more affordable, and much less complex?

In some countries, like Britain, principles based financial operations are supported by legislation that goes back more then 10 years. We’re not there yet, in South Africa. But, by granting a licence to ZAR X, knowing that we would operate on principle at all levels, the Financial Services Board has taken a progressive and determined step out of the old restrictive, rules-based, economy-choking paradigm that has held sway for more than a century. If this is a sign of the approach that will be used in future, broad financial inclusion will very soon be a tangible reality.
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Picked up this thread on twitter. Looks like EE are able to trade ZAR X shares !
All these things happening on quiet !?
Has anybody asked EE how to trade on ZAR X ?

https://twitter.com/dutchie_analyst/stat...3126349825

https://www.zarx.co.za/broker-list

Hmmm ok, so EE has the option, they just not wanting to go in that direction currently, but rather focusing on their offshore initiative at the moment.

Probably a future venture in the works.

Any new news about them?






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