TRADEHOLD, the investment company controlled by retail tycoon Christo Wiese, is fast becoming the mystery share on the JSE.The company, initially formed to house Wiese’s offshore retail interests, was reconstituted as a property-owning firm via a controlling stake in the Moorgarth Group, which owns properties mainly in the UK. Lately, Tradehold has dabbled in specialist secured lending in the UK, financial services in SA, retail property development in African countries and solar energy.Tradehold’s mixed bag portfolio has understandably prompted speculation that parts of the company, presumably the financial services and solar energy operations, may fit better in Stellar Capital Partners, a new diversified investment counter in which Wiese has an influential stake. There have also been hints that the African property development operations could seek a separate listing.Shareholders may find it comforting to know that Moorgarth, by far the biggest slab of value in Tradehold, is still...
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