|hold||SELL: 50%||HOLD: 0%||BUY: 50%|
|% From 52WK High||-7.66% ( 5,664 )|
|% From 52WK Low||188.47% ( 1,813 )|
|Business||PSG Group Ltd is an investment holding company with exposure to a variety of industries, including banking, education, financial services, food and related business, and private equity. The company seeks to invest in the early...Read More|
|AGM Date||Friday, 17 July 2020|
|Market Cap||R 12,025,689,149|
|End of Day|
|End of Day|
|Offshore Earnings Component||Zero|
|15/10/2020||PSG GROUP LIMITED - Unaudited Financial Results And Ad Hoc Dividend Declaration For The Six Months Ended 31 August 2020|
|14/10/2020||PSG GROUP LIMITED - Disclosure Of Acquisition Of Securities|
|13/10/2020||PSG GROUP LIMITED - Change in Accounting Policy, Trading Statement, Updated SOTP Value Per Share And Interim Results Presentation|
|27/08/2020||PSG GROUP LIMITED - Unbundling Of Capitec Shareholding Cash Payment In Respect Of Fractional Entitlements|
|27/08/2020||PSG GROUP LIMITED - Unbundling Of Capitec Shareholding Apportionment Of Tax Cost For South African Income Tax Purposes|
|26/08/2020||PSG GROUP LIMITED - Exercise And Related Net-Cash Settlement Of Share Options In Terms Of The Supplementary Share Incentive Trust|
|17/08/2020||PSG GROUP LIMITED - Unbundling of Capitec Shareholding Finalisation Announcement|
|WHO WE ARE
PSG is an investment holding company consisting of a diverse portfolio of underlying investments that operate across a wide range of industries including banking, education, financial services, food and related business, and private equity. Our market capitalisation (net of treasury shares) is approximately R40bn, while we have influence over companies with a combined market capitalisation of approximately R140bn.
There are seven main business units on which we report, namely:
OUR OBJECTIVE AND STRATEGY
Our long-term economic goal has always been to continuously create wealth for our shareholders through a combination of share price appreciation and the payment of dividends. In order to achieve this, we have invested in a diversified portfolio of businesses with high growth potential that consistently yield above-average returns, while contributing positively to society.
PSG has always been good at early-stage investing - building businesses (such as Capitec, Curro and PSG Konsult) alongside entrepreneurs from the development stage:
South Africa's forecast GDP growth for 2016 is below 1% compared to an average historical annual growth rate of 3% since 1994. Given rising inflation, we can expect further interest rate hikes, which will put additional pressure on the consumer, and ultimately the economy.
However, PSG's companies are well positioned to weather the more challenging environment and to continue growing given their relatively small market share within their respective sectors. This, coupled with a strong balance sheet, should see PSG continue delivering above-market returns.