Pundit poser: Are there any AGMs of JSE-listed companies worth attending?
In Biznews’ first Pundit Poser Alec Hogg asks the question: “Which of the local AGMs do you think are actually worth attending?”
FirstRand Group
Gary Booysen: Quick gains after buying into Steinhoff, Aspen dips
Market timing is more art than a science. Most of the time, buying and holding pays off best. But occasionally Mr Market loses his head and one witnesses irrational pull-backs in the share prices of top quality companies. Those are the opportunities that Gary Booysen waits for – and profited from keeping his nerve when … Read more
FirstRand trio’s R135bn holding company progresses towards creating fifth leg
FirstRand Group founders GT Ferreira, Laurie Dippenaar and Paul Harris, keep most their shares in separately listed companies RM Holdings and RM Insurance. RMH has the larger market cap (R82bn) primarily through its ownership of shares in FirstRand itself. RMI has a market value of R53bn and owns big stakes in MMI, Discovery and Outsurance. … Read more
Meet Abil’s new curator, PWC’s Tom Winterboer
Tom Winterboer, appointed curator of Abil on 10 August 2014. Here’s his CV (From LinkedIn): Financial Services Leader for PwC Southern Africa, member of the Firm’s Central Cluster FS Leadership Group and the Global FS Leadership Team. Joined the firm in 1978 and left after completion of training contract in 1981 to spend a year … Read more