Magic Markets #62: Afrimat - a track record as Hotazel

Episode 62 • February 09, 2022 • 00:24:31
Magic Markets #62: Afrimat - a track record as Hotazel
Magic Markets
Magic Markets #62: Afrimat - a track record as Hotazel

Feb 09 2022 | 00:24:31

/

Show Notes

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.

Other Episodes

Episode 173

May 01, 2024 • 00:20:44
Episode Cover

Magic Markets #173: Forex at Future Forex

You already know about the crypto arbitrage offerings at Future Forex. If you don’t, refer back to Episode 170 for full details on how...

Listen

Episode 240

September 03, 2025 • 00:22:58
Episode Cover

Magic Markets #240: Omnichannel Observations - The Biggest Trend In Retail

As a follow-on show from the previous week where we talked about how to analyse retailers, we decided to cover the biggest trend right...

Listen

Episode 138

August 16, 2023 • 00:19:38
Episode Cover

Magic Markets #138: Caterpillar and Home Depot

In this week’s episode of Magic Markets, we are changing things up by looking at recent earnings releases in the US. Follow us as...

Listen