The Stellenbosch Mafia are a group of wealthy billionaires based in the Cape Winelands, all of whom are involved in an intricate network and control some of the largest companies in South Africa – Markus Jooste is the villain of the story…
Tag Archives: South Africa
Sygnia Limited: A scalable disruptor in a growing industry.
SYG is a passive-strategy asset management firm based out of Cape Town, South Africa. They are run by an intelligent and divisive owner-operator in Magda Wierzycka. As market leaders in the passive investment …
Alaris Holdings: A case study on intelligent international expansion.
Alaris is a Radio Frequency (RF) oriented company which designs, manufactures, and supplies defence and specialised antennas. It has historically been underfollowed and under-priced by the market and has undergone a period of acquisitional and organic growth over the past 6 years which has not been accounted for by the market…
ISA Holdings: The investment thesis and a case study on mental models and factoring for ignorance.
At the current price level, ISA Holdings provides the opportunity for a very lopsided bet on a cash generative company with an excellent managerial track record, growing dividends, and solid industry headwinds…
Zuma, Julius and Trump: The rise of macroeconomic populism in South Africa (a cheeky academic-esque look).
In this short piece, you can expect to find an explanation of what populism is, its economic drivers and consequences, as well as its increasingly dominant role on the international stage….
Afrimat: A High-Quality Acquirer.
Afrimat is a BEE-certified company specialising in mid-tier open pit mining. It produces industrial and construction materials (like limestone, various bricks and cement) and as of 2016, iron ore. At the time of writing, its shares are trading at R24.8/share…
African Rainbow Capital Investments: A Growth bet at a Deep Value price (Part 2)
This is the second of a long, three-part article. Here is the first. If you are interested and looking to invest into ARC, we recommend reading the whole thing. Should you be pressed for time, you can skim the bold sections and you will get the gist of it all. If your interest is merely cursory or a fleeting thought, then we would recommend the “Explain Like I’m Five” section of the summary above.
First Note: Welcome to Vineyard Holdings
South Africa is today what America was during the gold rush of the 19th century: A veritable gold mine for enterprising individuals with a penchant for the unknown. We have a country littered with opportunity for those willing to turn over the rocks and scrummage through the dust.
Vineyard Holdings 