04 Feb India: in slow ‘Modi’?
While it’s difficult to pinpoint the reason for India’s slowdown, the country cannot escape its harsh reality. Over the past few years, India has experienced several major political and economic developments.
Company review
24 Jan Italtile has strong fundamentals at an attractive price
At Denker, we have a checklist of what we look for in potential investments. In October 1935, Boeing’s new bomber Model 299 crashed during a test flight, killing both pilots. An investigation followed, which found that the reason for ...
10 Oct Oracle Corporation – why we believe its valuation is attractive
Four decades since its launch, Oracle has a solid grip on its market. Oracle is a market leader in relational database management software. Lawrence Ellison co-founded the company in 1977 to develop database software that could compete ...
10 Oct Star – the new jewel in Steinhoff’s crown
Pepkor has returned to the JSE as Steinhoff Africa Retail (Star). Pepkor has a colourful history. As shown in Figure 1, it was a listed entity from 1972 to 2004 and then formed part of listed entities Brait and then Steinhoff since ...
05 Apr Sparebanken NN – proof of why you need small caps in a portfolio
The shares that have generated the highest returns since the launch of the Sanlam Global Financial Fund in 1999 were all smaller companies. In fact, small, quality companies offer many advantages. This includes often being mispriced ...
05 Apr Combined Motor Holdings – an undervalued business with star qualities
One of the most rewarding aspects of our job is finding a great investment opportunity. Combined Motor Holdings (CMH) is one such gem that remains largely undiscovered, most likely due to its relatively small size. The company has ...