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African Rainbow Capital Investments (ARC)


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#1 new john

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Posted 12 July 2019 - 09:32 AM

https://mybroadband....uth-africa.html
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#2 new john

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Posted 11 June 2019 - 02:51 PM

Big volumes today. lot of movement following the presentation by the looks of things. 


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#3 new john

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Posted 11 June 2019 - 01:09 PM

released today.

 

http://www.arci.mu/T...ce_11-06-19.pdf

 

other news and updates for the company

 

http://www.arci.mu/news-media.html


Edited by new john, 11 June 2019 - 01:11 PM.

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#4 new john

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Posted 10 June 2019 - 09:44 AM

Im sure this was an fnb recommendation....they Normally quite good

 

Hi Midas, 

 

Just a SENS they released this morning. 


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#5 JR7800

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Posted 10 June 2019 - 09:43 AM

Val de vie where jooste lives hey

 

Yes, going for cheap-cheap. LOL

 

UPDATE: Former Steinhoff CEO Markus Jooste’s exclusive three-hectare undeveloped plot in Val de Vie, Paarl, was sold for R13m in May.


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#6 Midas1

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Posted 10 June 2019 - 09:36 AM

Val de vie where jooste lives hey
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#7 Midas1

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Posted 10 June 2019 - 09:35 AM

Im sure this was an fnb recommendation....they Normally quite good
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#8 JR7800

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Posted 10 June 2019 - 09:11 AM

I think this is still worth a share of the portfolio. Will look to add at R4.50 if it gets back down there.


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#9 new john

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Posted 10 June 2019 - 09:08 AM

ARC Investments is a Limited Partner in an en-commandite partnership ARC Fund Partnership
SA (“ARC Fund”).
This announcement provides shareholders with a high-level update of the Company’s progress on
strategy implementation. It covers the first calendar quarter as well as additional commentary
regarding significant developments until the end of May 2019.
During the period 1 January 2019 to 31 May 2019, the ARC Fund made net investments of R348 million,
in line with our building block approach, and had cash of approximately R700 million available for
future investments.

TymeBank
Following its soft launch in November 2018, the digital bank officially launched on 26 February 2019.
TymeBank aims to achieve 2 million clients over next three years, with 1.3 million active client
accounts. Of this, the bank envisages a minimum of 200 000 clients having TymeBank as their primary
bank account.
Potential strategic partners are engaged with the aim of establishing partnerships that could assist in
meeting the bank’s growth objectives.
TymeBank has made significant progress with acquiring new clients since the February 2019 launch.
The bank succeeded in acquiring more than 400 000 clients and is aiming to get to 500 000 clients by
July 2019.
Management is pleased to announce an investment of R200 million by the Ethos Artificial Intelligence
(AI) Fund in TymeBank. This investment will result in the AI Fund being an 8% shareholder in the bank.
The transaction is subject to all conditions precedent being met.

Investment in Ethos AI Fund
ARC Financial Services has committed to a R100 million investment into the Ethos Artificial Intelligence
(AI) Fund. The AI Fund identifies and invests in operating businesses that can benefit
disproportionately from the use of artificial intelligence. The primary type of artificial intelligence the
AI Fund will focus on includes algorithmic decision making, which typically supports organisations in
making high frequency decisions that are often not suited to human capabilities due to the
computational complexity and breadth of the data used.

The Ethos AI Fund was launched in October 2018 and had a successful first close of R600 million. The
AI Fund has a target size of R1.0 billion and the final close is anticipated in December 2019.

rain
rain is making good progress with the roll-out of its strategy of establishing a data network. The
business is on track with meeting its key implementation targets, in particular pertaining to the roll-
out of towers in terms of its agreement with Vodacom.
The 4G contractual roaming arrangement with Vodacom is performing well. By the end of April rain
had 3074 live sites.
In terms of an added distribution channel, rain and TymeBank have announced an agreement to pilot
the distribution of rain SIM cards via TymeBank kiosks, which would make it easier to onboard rain
clients.
rain has also announced its intention to launch a 5G network by the end of 2019. This will make South
Africa one of the first countries in the world to have a 5G network.

KROPZ PLC
Following the listing of the business on the Alternative Investment Market (AIM) towards the end of
2018, significant progress was made to complete the testing and to finalise the engineering design for
the reconfiguration of the concentration plant at the Elandsfontein mine.
Kropz PLC announced in a recent update to the market that commissioning of the mine and the
concentration plant is expected to happen during the fourth quarter of 2020. The company stated
that, at the time of Kropz PLC’s listing on the AIM, the level of engineering design for the
recommissioning of its Elandsfontein mine was at a scoping study level. While additional test work is
still required, significant work has been done to advance the front-end engineering and design.
Total cost, including additional capital expenditure, operating costs and debt servicing requirements,
is estimated at US$20m more than the amount disclosed at the time of the listing.

Alexander Forbes
The company is listed on the JSE and, since announcing Mr Dawie de Villiers’ appointment as new
Chief Executive Officer, the company has identified areas of its business that do not align to its new
strategic vision. It has commenced positioning itself as the pre-eminent player in the employee
benefits space in South Africa. As a significant shareholder in Alexander Forbes, we have taken note
of these developments and are supportive of the focus on Alexander Forbes’ core competencies.

Sanlam Limited
Following Sanlam shareholders’ approval in December 2018 of a new empowerment transaction at
the holding level, the transaction was implemented in March 2019. At an operating level, discussions
on the third-party asset management business continue. The new entry-level mass market life
insurance business, African Rainbow Life, was launched on 30 May 2019. African Rainbow Life will
focus on providing cost-effective life insurance to the low- and middle-income market segment. The
company is 51% owned by Sanlam, 26% owned by the ARC Fund and 23% by a consortium comprising
African Rainbow Life management and staff.

Fledge Capital
On 18 September 2018 Naspers announced that its e-commerce and classified unit, OLX Group,
intended to acquire a 60% interest in the specialised car-buying service, We Buy Cars, from Fledge
Capital for an amount of R1.4 billion. Fledge Capital is a 31.5% owner of We Buy Cars.
In the period under review, the Competition Commission announced its ruling on the transaction,
stating that it has recommended to the Competition Tribunal that the acquisition be prohibited. We
await the ruling of the Competition Tribunal, whereafter we will assess our position.

ARCH Funds
Shareholders are referred to the previous announcement in March on the establishment of ARCH
Emerging Markets Partners Limited, a new investment business outside South Africa. The focus is on
leveraging international relationships, and position ARC as a significant gateway for investment in
initiatives on the African continent and potentially elsewhere in emerging markets.
The focus is on establishing a Renewable Energy Fund, a Cold Chain Solutions East Africa Fund, a Credit
Fund and a Resources Fund.
The ARCH Africa Renewable Power Fund (ARPF) achieved a first close at US$105 million in February
2019, targeting a final close of US$250 million. The fund aims to establish between 10 and 15
renewable energy projects across Sub-Saharan Africa throughout the investment term. The ARC Fund
committed to invest $30 million in the fund.
In January 2019, the African Development Bank Group announced an equity investment of up to
US$25 million in the ARCH Africa Renewable Power Fund. In April 2019, the European Investment Bank
committed to invest US$35 million in the fund.
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#10 new john

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Posted 31 May 2019 - 11:35 AM

new john

 

In my humble opinion I think there are some good investments in their portfolio with TymeBank and the their new Sanlam insurance investment.

 

The have sold their BKB investment in Sept/Dec 18 if I remember correctly.

 

Although the investments in a broad spectrum of sectors does mitigate risk, their small investment in EOH is an example of this as the demise of EOH (I don't believe all issues have been resolved/brought to light yet) did not break the bank. I always worry that having so many investments in so many sectors means that the ships captain cannot always see all the storms coming in all the sectors.

 

I did buy some shares when the share tanked to R3.75 in march 2019, but will not add to my position above R4.30 levels.

 

I personally think that investing in these companies does hold the prospects of one of the investments really paying off. PSG with Capitec and Curro (although not so sure about this one anymore) are great examples.

 

Again, this is my 1c worth and my opinions are just that, an opinion from a fellow stock market gambler.

 

 

 

 

 

Double edged sword indeed. I appreciate the feedback. Awesome price you managed to get in at. 


Edited by new john, 31 May 2019 - 11:36 AM.

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#11 JR7800

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Posted 31 May 2019 - 10:52 AM

new john

 

In my humble opinion I think there are some good investments in their portfolio with TymeBank and the their new Sanlam insurance investment.

 

The have sold their BKB investment in Sept/Dec 18 if I remember correctly.

 

Although the investments in a broad spectrum of sectors does mitigate risk, their small investment in EOH is an example of this as the demise of EOH (I don't believe all issues have been resolved/brought to light yet) did not break the bank. I always worry that having so many investments in so many sectors means that the ships captain cannot always see all the storms coming in all the sectors.

 

I did buy some shares when the share tanked to R3.75 in march 2019, but will not add to my position above R4.30 levels.

 

I personally think that investing in these companies does hold the prospects of one of the investments really paying off. PSG with Capitec and Curro (although not so sure about this one anymore) are great examples.

 

Again, this is my 1c worth and my opinions are just that, an opinion from a fellow stock market gambler.

 


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#12 new john

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Posted 31 May 2019 - 09:28 AM

Have been doing some research on TYMEBANK recently: 

 

Currently they do not offer online payments (Takealot ect) nor do they have credit facilities. Funds take up to two days to clear. 

 

With the above in mind, they still manage to add 400 customers per day https://businesstech...ustomers-a-day/

 

I believe they have a 10 year agreement with Pick n Pay, should the above issues be dealt with in addition to them opening up outside of PnP. i believe there is long term potential here. 

 

Not to mention the disruption to the industry in terms of the big four (or big five nowadays with Capitec in the fold) having to revisit their fees and way of generally doing banking https://www.moneyweb...vals-escalates/

 

I realise a lot of this is confirmation bias. and therein lies my intention. Any opinions? JR7800? 


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#13 new john

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Posted 03 May 2019 - 11:53 AM

Looking to revive a dormant thread here. 

 

What are you guys feelings here (will take with fistful of salt) 

 

Can't help but feel that were I given the opportunity to invest in either Capitec or MTN at the beginning (ARC's holdings in TymeBank and Rain), I'd take that deal any day. 

 

I'm a long term investor so not looking to speculate. 

 

Have put an order in for R5.50


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#14 JR7800

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Posted 07 September 2017 - 08:52 AM

Any body have an opinion on this one?

 

ARC Investments

ARC Investments said in August that it would offer R4bn shares in an initial public offer that would give the company a market value of around R8,5bn. An interest of approximately 25% will be sold to three key investors - GIC in Singapore, the Public Investment Corporation (EMC) and Sanlam Private Wealth.

ARC says in a statement the additional shares it is currently issuing will increase the "gross yield of R1,9bn to R2,2bn".

In addition to the importance in Elandsfontein, its nine other largest investments are based on the percentage of the intrinsic value it represents:

  • Rain: A 20% stake in this broadband provider providing fast internet connections. It represents 31% of its portfolio.
  • Afrimat: An interest of 18,4% in the listed construction company. It represents 12% of its portfolio.
  • EOH: An interest of 1,7% in the listed information technology group. It represents 6% of its portfolio.
  • Alexander Forbes: An interest of 4.9%.
  • BKB: An interest of 20% in the agricultural company.
  • Acorn Agri: An interest of 15% in the agricultural company.
  • Afrigem Payprop: An interest of 46,4% in the information technology group.
  • Val de Vie Investments: An interest of 20% in the property developer.
  • Human states: An interest of 10% in the information technology company.

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