đź”’ PREMIUM: Peter Armitage: Steinhoff’s “bolt from the blue” – why we’re selling our shares
Investment shocks rarely come bigger than this morning’s 60% collapse in the share price of what was the JSE’s 5th biggest company, Steinhoff.
Peter Armitage
Timing everything: Ask Peter Armitage. And Africam’s 19 year old successor.
Although Peter Armitage’s Africam was ahead of its time and went bust, Nadav Ossendryver’s timing with Latest Sightings has been impeccable.
Kellermann, Cosgrove answer Belvedere scandal specifics
Here’s the response of Belvedere bosses Cobus Kellermann and David Cosgrove to detailed questions – the only way they were prepared to engage with me.
Armitage vs Kellermann on Anchor offshore fund. Aberration or strategy?
Anchor: It is extremely disturbing our name appears on Trinity website with a fund under our name. We have never heard of Trinity and were unaware of this.”
Belvedere Ponzi: The other kingpin – David Cosgrove
My bet is Kellermann’s on his way to Mauritius where his business partner and the scam’s other kingpin, David Cosgrove, operated the Belvedere Ponzi scheme.
Belvedere scandal: The Anchor Capital connection
Anchor Capital CEO Peter Armitage’s name appeared as one of Clarus Capital’s half dozen “key people” on the website of the company run by Cobus Kellermann.
Capetonian Kellermann accused as kingpin of R200bn Belvedere Ponzi
Cobus Kellermann, CEO of Cape-based money manager Clarus Capital, has been fingered as a mastermind behind a massive global Ponzi scheme run from Mauritius.
Nerina Visser: Rather focus on the prospects than new listing prices
Strategist Nerina Visser gave Alec Hogg her insights on the history of ETFs in South Africa, gold’s performance and the current interest in inward listings.
Gary Booysen’s essential market analysis: Investec, Woolies, Tsogo Sun & Anchor Capital
Alec Hogg and Head of Trading at Vunani Private Clients, Gary Booysen analyse today’s markets, focusing on Investec, Woolies, Tsogo Sun and Anchor Capital.
Chris Gilmour: Blue Label takeover bid; PPC’s boardroom battle; Anchor and Gijima
Absa’s Chris Gilmour assesses the surprise takeover offer for Blue Label which has gotten the company’s share price running – justifiably he reckons.