Our Research

To subscribe to a monthly summary of our research, please fill in your details.

This form collects your name and email address which is stored in a MailChimp list so that we can send you periodic news via email. We will endeavour to protect your personal information and will not share this with third parties. You may unsubscribe at any time.

All fields are required


Recent research work and reports

  • 20 September, 2019
    REQUEST RESEARCH
    AVI (AVI) - Evaluating growth opportunities
    The challenge brought by SHP's private label to AVI’s biscuit brands shows that AVI may not have innovated their value biscuits brand as much as their premium brand. We determine whether AVI’s new footwear brand, GX & Co. has the right pedigree to compete in the niche comfort footwear market and find the brand targets an appropriate market with the right pricing strategy,however, we caution that the brand is still under-exposed and caution the deep discounting in footwear retail.
  • Consumer Research Africa
    20 September, 2019
    REQUEST RESEARCH
    Grand Parade (GPL) FY19 - Results Snapshot
    A snapshot of Grand Parade's FY19 results.
  • Consumer Research Africa
    17 September, 2019
    REQUEST RESEARCH
    Lewis (LEW) - Management meeting notes
    Key points from our pre-close period meeting with LEW management.
  • 17 September, 2019
    REQUEST RESEARCH
    Massmart (MSM) - HEPS Forecast update
    Following the release of MSM’s 1H19 results, we update our forecasts, Target Price and recommendation. We also adjust our forecasts for the impact of IFRS 16.
  • Consumer Research Africa
    12 September, 2019
    REQUEST RESEARCH
    Spur (SUR) FY19 Results Snapshot
    A snapshot of SUR's FY19 results.
  • Consumer Research Africa
    11 September, 2019
    REQUEST RESEARCH
    Aspen (APN) - FY19 Results Snapshot
    A snapshot of Aspen's FY19 results.
  • Consumer Research Africa
    9 September, 2019
    REQUEST RESEARCH
    AVI (AVI) - FY19 Results Snapshot
    A snapshot of AVI’s FY19 results.
  • Woolworths Research
    5 September, 2019
    REQUEST RESEARCH
    WHL Australia - Joined at the hip
    We believe WHL’s Australian divisions have become increasingly intertwined as evidenced by CRG increasingly using David Jones as a channel to the market. We believe investors should evaluate the performance of these units as one consolidated segment, this approach would allow investors to assess the risk posed by faltering performance of one division, on both units. We evaluate various scenarios for the future performance of the combined WHL Australia segment and assess the impact on its debt servicing. We highlight the sensitivity of this business to turnover growth levels, noting circumstances in which a breach of the debt covenants could occur.
  • Consumer Research Africa
    4 September, 2019
    REQUEST RESEARCH
    Libstar Holdings (LBR) - 1H19 Results Snapshot
    A snapshot of Libstar’s 1H19 results.