Fair sized companies that still have room to grow
#1
Posted 18 December 2014 - 06:09 PM
#2
Posted 18 December 2014 - 03:40 PM
Discovery - taking the vitality concept overseas could be good.
I do not think the food companies are/can do anything that innovative to increase earnings that much - nice steady growth sure, but not rapid I would have thought.
Maybe famous brands and their roll out in Africa?
I think the question I am asking is:
Mr Price's share grew around 40x in 10 years.
What non small cap share at the moment could you expect to increase 10 x in 10 years?
#3
Posted 18 December 2014 - 02:47 PM
I think the following companies in the Foods Sector will do well over the next 5 years:
- RCL Foods - all dependent on management...
- Astral
- Zeder - Solid management team who have a solid track record.
Retail:
- Woolies - Human beings (most) will always be aspirational buyers and with a growing middle-class in SA, I only see potemtial here.. Once they have a management team that believe in the company in Australia.. that will also yield positive results..
Othe stocks:
- Mediclinic
- Discovery
- Afrimat
- Aspen. Steven Saad will continue to build a giant! can never leave this one out..
#4
Posted 18 December 2014 - 12:24 PM
What decent sized companies are there that still have great opportunities to grow in their sectors compared to the size they are now. Most companies will grow naturally in SA, but looking for aggressive growth.
Looking at Mr Price - in 2003 it was around R5 now it's R215. But to get that kind of growth now it's going to have to open a huge amount of shops in Africa and/or open a new line (at the moment it's clothing/sports and furnishing). DIY maybe?
Most financial companies have run hard - but how much growth is there (maybe RMI has the Ozzie offering ) Now it's more about try get business off each other. Capitec is playing with mortgages which might give them a bit of growth - think there offering is perfect for africa - but here they run of ABSA infrastructure - won't be as easy in Africa.
Both Aspen and Naspers seems to have legs for more.
When Sasol's plant comes on line in the states.
Any mid to large company that you like and can give a reason to why it's market cap should double in 5 - 10 years?