|buy||SELL: 0%||HOLD: 0%||BUY: 100%|
|% From 52WK High||-32.25% ( 24,999 )|
|% From 52WK Low||114.41% ( 7,900 )|
|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|
|Market Cap||R 39,323,811,963|
|End of Day|
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|Offshore Earnings Component||Zero|
|27/05/2020||PSG GROUP LIMITED - Proposed Unbundling of Approximately 28.11% of Capitec to PSG Group Shareholders and Withdrawal of Cautionary|
|27/05/2020||PSG GROUP LIMITED - Appointment of Joint Independent Sponsor|
|29/04/2020||PSG GROUP LIMITED - Further Cautionary Announcement|
|23/04/2020||PSG GROUP LIMITED - Cautionary Announcement|
|23/04/2020||PSG GROUP LIMITED - Reviewed Financial Results And Final Dividend Declaration For The Year Ended 29 February 2020|
|20/04/2020||PSG GROUP LIMITED - Trading Statement For The Year Ended 29 February 2020 And Details Of Results Presentation|
|02/03/2020||PSG GROUP LIMITED - Acceptance Of Share Options By PSG Group Directors In Terms Of The PSG Group Supplementary Share Incentive Trust|
|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.