Groovy

Thanks @SpreadsheetRanger I appreciate your opinion .

Thanks @SpreadsheetManager I appreciate your opinion .

Do you know how much they own in Premier Fishing? My logic would be that if Premier Fishing does very good then you will get a better return being a direct shareholder of Premier fishing than a proxy shareholder in African Equity Empowerment Investments Ltd Same reason why I own Capitec and Curro directly instead of owning PSG. That is just my take, would be interesting to hear what other's views are on this. /Welcome to the Forum @Groovy Thanks @outlook. I may be wrong but I believe AEEI/Sekunjalo Group Company owns 100% of Premier Fishing. I couldn't agree with you more, direct exposure is key.

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.

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.

Hello world, I'm happy to be official on here finally , great site. Quick question : i'd like to get anybody's opinion on Premier Fishing 's upcoming listing, is it wise to hold both AEE the parent company and the new listing premier fishing. I personally would like to hold both.