With a share price and earnings track record that puts most companies to shame, Afrimat is widely regarded as a company with excellent capital allocation discipline and focused strategic execution.
Starting in the construction industry, Afrimat has evolved into a strong mid-tier miner. Afrimat’s secret lies in owning a diversified portfolio of counter-cyclical businesses. The overlay of this cyclicality, when viewed in aggregate, creates a more attractive earnings profile and de-risks the entire operation. A conservative approach to the balance sheet has also been key to success.
In Episode 62 of Magic Markets, we welcomed Afrimat CEO and founder Andries van Heerden to the show. This is a rare opportunity to tap into the mind of a top executive, with plenty to learn along the way for all of us.
The team from AnBro Capital is back, this time with Craig Antonie joining us to discuss an interesting company in the Unicorn portfolio that...
With the conflict in Iran still fresh in the market at time of recording, we decided to talk about the commodity that everyone is...
In Magic Markets, we try to eat our own cooking. When we cover stocks in Premium, it’s either because we already have a position...
