Media Links

Drop in alcohol sales takes Shoprite shares down 10% November 17, 2020

17 November 2020

“Mergence Investment Managers’ analyst Lulama Qongqo said the group’s results tracked the performance of the country’s major retailers. “The sales growth numbers are tracking behind expectations due to their inability to trade liquor as per normal years where there were no government restrictions. However, this is temporary. The surprise here is that the liquor impact was material way beyond expectation,” Qongqo said..”

Vodacom sees explosion in data usage during lockdown November 16, 2020

16 November 2020

Peter Takaendesa, analyst at Mergence Investment Manager says Vodacom’s growth in users in SA, buoyed by an uptick in demand for connectivity across the telecoms sector, is “encouraging” but will slow slightly as the growth rate normalises.”

It’s digital banking gone crazy as banks join e-commerce – but why? November 16, 2020

16 November 2020

“Banks are using their apps and digital platforms to win customers over in the fast pased world..”

Telkom set to divide and conquer November 15, 2020

15 November 2020

“The much-anticipated unbundling of Telkom is imminent, with CEO Sipho Maseko saying this week that the group’s first step in the process – the introduction of a third party investor for its mast and towers division – would be completed by the end of March next year.”

The impact of the COVID-19 pandemic on company valuations November 13, 2020

13 November 2020

Robbie Gonsalves and Sholto Piek, from Mergence Corporate Solutions, takes a look at the impact of COVID-19 on company valuations.

MultiChoice grows subscribers while managing lower ad revenue November 12, 2020

12 November 2020

“MultiChoice reported a 41% rise in earnings for the half-year to September, benefiting from higher entertainment demand during the Covid-19 lockdown as it was hit by reduced advertising revenue..”

Vet those enticing Black Friday deals, says Cell C November 9, 2020

09 November 2020

“Mkhize said consumers should read the fine print. Lulama Qongqo, Mergence Investment Managers’ investment analyst, said consumers should look for the best possible deal that was based on their needs, or not buy a new device if they did not need one, because income prospects over the next few years were uncertain.”

Motus surges after upbeat profit forecast November 8, 2020

08 November 2020

“The share of SA’s largest automotive group Motus rocketed almost a third on Friday after it said it expects to hold on to most of its profits even as a surge in Covid-19 threatens more economic pain and reduced travel.”

INTERVIEW | We needed home loans to switch more customers to Capitec November 4, 2020

04 November 2020

“Capitec has started dipping its toes into the home loans market by launching the Capitec home loans offering…”

Incorporating infrastructure into multi-class portfolios November 3, 2020

03 November 2020

Brad Preston, Joint MD of Mergence Investment Managers, unpacks some research the listed investments team has done, drawing on data from its 10-year track record of infrastructure investing by the manager’s unlisted investments team.”

Prosus hopes to close discount to NAV with $5bn share buyback November 2, 2020

02 November 2020

Peter Takaendesa, the head of equities at Mergence Investment Managers, said the wider discounts at which Naspers (more than 50 percent) and Prosus were trading compared with the market value of their underlying investments and high valuations of assets in markets they had been looking for acquisitions made share buybacks more attractive than pursuing acquisitive growth.

Canal doubles its Multichoice stake October 30, 2020

30 October 2020

Peter Takaendesa, head of equities at Mergence Investment Managers in Cape Town, said there was focus on Canal + to become and influential minority shareholder…”

Standard Bank goes ‘customer-centric’ in executive revamp October 29, 2020

29 October 2020

“Standard Bank’s biggest criticism in recent years is its net-promoter has been low, so it is probably trying to be more customer-centric,” Nolwandle Mthombeni, an analyst at Mergence Investment Managers, said.

Retail Engage announced as finalist in the 2020 DMA Assegai Awards October 20, 2020

20 October 2020

Retail Engage has been announced as a finalist in the 2020 DMA Assegai Awards in two categories – Integrated Direct Marketing Campaigns and CRM Programmes.