MARC HASENFUSS: The value in Remgro
Developments at Adapt IT and Trencor suggest small-cap investors might need to ease off on the cynicism
08 October 2020 - 05:00
PSG Group recently openly acknowledged that its portfolio weighting towards listed investments was problematic, saying that investors could simply mimic, or rather customise, a "PSG portfolio".
The unbundling of the bulk of its stake in Capitec Bank was a first step in restructuring the group, but I have to wonder whether PSG already regrets the move, with the Capitec share price looking rather sprightly of late...
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