Can ADvTECH trump Curro with new CEO, Leslie Maasdorp?

ADvTECH announced via the stock exchange news service today that Leslie Maasdorp, chairman of its board of directors would be taking over the reins as chief executive officer. Maasdorp will officially take over from Frank Thompson on the 24th of October who announced his retirement plans last year. Jeff Livingstone will be taking Maasdorp’s place … Read more

ADvTech’s turnaround completed; ready now for Curro-type rating?

One of South Africa’s more neglected natural resources is its people. Unemployment is high, and the education system, burdened by the legacy of apartheid, is still struggling to improve standards. This puts ADvTECH in a unique position. As a private education and recruitment company, ADvTECH is wholly focused on nurturing young talent, and finding and … Read more

Investing in education: SA value-style investor on ADvTECH, Curro and more.

 Value-style investors are known for picking up stock market gems when the investment herd is unsettled and looking away. It is worth listening to what they say, if you are on the hunt for stock market bargains. Wilhelm Hertzog of Regarding Capital Management, a value-oriented asset management company, shares his views on whether a range … Read more

When the CEO goes – how ADvTECH will deal with its leadership change

The departure of a sitting CEO is always a delicate moment. Recently, ADvTECH announced that CEO Frank Thompson will be stepping down at the end of 2014. After 11 years at the helm, Thompson is past ready to retire, and will be off the job come the end of next year. In this interview, he … Read more

Advtech is double the size with 5 times the profit, but only worth half as much as competitor Curro. Why?

Jannie Mouton’s aggressively expanding education business Curro must be the bane of Advtech CEO Frank Thompson’s life. Investors inevitable compare the two private education companies against each other. Advtech, the more established player, generated revenue if R881m and taxed profit of R72m in the six months to end June. Curro is much smaller – revenue … Read more