New-look agribusiness investor Zeder, flush from the recent sale of its mainstay investment in consumer brands giant Pioneer Foods, now faces the tough task of convincing a sceptical market of its investment merits.

Zeder, which issued financial results to end-February on Friday, trades at a deep discount to its last stated sum-of-the-parts (SOTP) valuation. This indicates investors are not banking on further value-unlocking efforts in the short term after the Pioneer transaction, which brought in about R6.4bn when it was sold to international beverage and food group PepsiCo...

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 articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now