Presentations

Listen to our presentation on our initiation of South Africa’s Food Producer sector.

We initiate on STAR with a review of how the changing SA population dynamics could impact retail spend over the next 10 years. We review its individual operations to assess growth potential.

Our Blue Label Telecoms initiating roadshow presentation.

In this presentation we discuss how we valued Steinhoff on a break-up valuation method given the unreliability of its financial statements which rendered traditional methods such as DCF and earnings multiple inappropriate.

In the presentation, we share our views on the South African Retail market highlighting critical issues relating to Woolworths (WHL), Shoprite (SHP), Foschini (TFG) and Truworths (TRU).

A discussion of the SA telecoms sector with reference to digital services, spectrum, customer value management, IoT and an assessment of the SA competitive environment.

In the presentation, we offer interesting insights into H&M’s buying process and in that regard draw parallels with local retailers.

Initiation presentation on Grand Parade Investments.

Our forecast of the consumer wallet growth in 2017, highlighting key factors which could impact retail sales growth.

Presentation on the insights from a recent trip to Australia where we looked at the potential opportunity for David Jones to expand into food retail.