There might have been a time, in the not too distant past, when the market eagerly awaited the results of the adventurous PSG Group. But these days — with more than 90% of the sum-of-the-parts (SOTP) value made up of a handful of listed investments — the likelihood of a surprising development is remote.

At last count, PSG’s 35.5-million shares in Capitec Bank accounted for a whopping 70% of the SOTP value.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.