'Don't fall in love with companies or sectors'
And ‘you do not need a very high hit ratio to be successful’: Drikus Combrinck, founder and CEO of Capicraft Investment Partners.
Source: moneyweb.co.za
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The JSE is getting a new coal company - created out of Anglo assets. Here's how big it could be
(Image: Getty) Anglo American plans to unbundle its local thermal coal assets into a separate company, Thungela Resources. Thungela will be listed on the JSE and in London, with an expected market value of between R18 billion and R20 billion, one analyst says. This will make it a third of the size of fellow coal miner Exxaro. For more stories, go to . The JSE will probably get a new listing in June, which is helpful given the steady exodus of companies – including Afrox, Mazor and more than a dozen others - in recent months. Thungela Resources is being unbundled out of Anglo American, and...
Source: businessinsider.co.za