Remgro, unbundle the goods already!
Remgro’s push towards its unlisted assets could herald a big unbundlings boom for the market stalwart
30 September 2021 - 05:00
Is investment behemoth Remgro on the cusp of a major portfolio rejig — and a rerating in its share price?
Despite a 52% rally in its share over the past year, Remgro still trades at a roughly 35% discount to its intrinsic NAV. Over five years, its shares have gone nowhere, and R100 invested in 2016 would now be worth just R85...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.