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
/

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 28

June 03, 2021 00:25:18
Episode Cover

Magic Markets #28: Venture Capital Views

The s12J tax benefit is coming to an end in South Africa. Investors only have until the end of June 2021 to invest in these opportunities. To find out more, The Finance Ghost and Mohammed Nalla welcomed Haroon Jeena to the show, the founding director of Olive Venture Capital Company. We discussed the way s12J funds work and what kind of assets Olive invests in. Interested investors can visit the Olive website to find out more about the fund and to view the prospectus.   ...

Listen

Episode 1

November 14, 2020 00:22:28
Episode Cover

Magic Markets #1: Rollin' with the Rand

The Finance Ghost and Mohammed Nalla (Moe-Knows) kick off their new podcast series Magic Markets with a discussion on the complexities of the Rand. Is it over- or under-valued? What drives price movements? What could happen long-term? How should South African investors think about moving money offshore? ...

Listen

Episode 70

April 06, 2022 00:28:44
Episode Cover

Magic Markets #70: Crypto Arbitrage Update

Long-standing Magic Markets listeners will know the Future Forex team. They introduced the concept of crypto arbitrage to us, a process of making profits on Bitcoin pricing differences between South Africa and offshore. Instead of taking a view on Bitcoin itself, this allows you to generate arbitrage profits and enjoy an interesting and potentially lucrative source of income each year. You may not know this, but your annual offshore investment allowance under South African Reserve Bank rules is an asset that you can tap into every year. The content of this podcast is for information purposes only and does not constitute investment advice, nor does it represent a solicitation of any member of the public to invest. Listeners should seek professional financial advice prior to making any investment. Learn more about crypto arbitrage in this episode and visit the Future Forex website for more information. Future Forex Arbitrage Services is an authorised Financial Services Provider, FSP number 51884.https://futureforex.co.za/   ...

Listen