Investing.com - Financial Markets Worldwide
Open in App

African Rainbow Capital Investments Ltd (AILJ)

Johannesburg
Currency in ZAR
970
0(0.00%)
Closed·

AILJ Comments

AIL share price has recovered really well - dropped from 500 to 354 and back to 494 , all of it in 10 days
AIL sold it's 31.5% stake in We Buy Cars during 2021 and now it is listing separately...
AIL Market Cap is 5.62B , their 42.3% holding in listed AFH is worth 3.6B .
Shares in WeBuyCars ended the 1st day of trading at R20.40, giving it a market capitalisation of about R8.5bn x 31.5% = R2.67bn
So we had a meltdown here yesterday , running out of buyers and SP drop off , nothing to unusual for this stock
This one you cannot go in big , as no real short term gain is likely
short term is unlikely but in the long haul we will eat.
Out of this one , cannot carry another looser , cash is king now
and so back in at 492 , betting on management , on Kropz not bankrupting this place and Thyme Bank and Rain to be a success
Advertisement
Due to the delay in production ramp-up, Kropz is exploring further funding options with ARC to fund any additional working capital requirements for Elandsfontein through to positive cash flow
Kropz Plc (AIM: KRPZ), an emerging African phosphate producer and developer, reports further delays in the ramp-up of operations at Kropz Elandsfontein (Pty) Ltd (“Elandsfontein”).
TymeBank has announced that is buying SME-funder Retail Capital to make a big push into business banking.
and so now nobody knows where the money needed is coming from and the share price is under severe pressure
Advertisement
Acceptance of Prudential 1/3 offer for AFH at R5.25 will make near term cash-flow shortfall for AIL disappear
also sold AFT shares for 244m and now left with 10.5m shares equal to 7.2% of AFT as per last issued sens
the AFH sale of the life insurance business was the sale of the century , but with the R250m write off it is now only a sale of the decade , as the buyer incurred a much larger loss , so really a big saving here
Sold out 1/2 holding of AIL after another Kropz disappointment and hold AFH at 358
Advertisement
Kropz needs an extra 200m , AFH lost the 250m liability with sale of Life business and the spectrum purchase for Rain costs 1.4b , AIL had 1b in debt and 500m in cash as at 31 dec 2021
no dividends for long time here , corporate action is required here to fund projects this year , options are available to management
when are these guys going to start paying dividends . I'd love to see how much cash they actually have to give around. I love this company and the great people in it but ****I want to see how much cash they have floating around. Anyone know when the dividends will start coming in ?
a 1/3 buy out offer at R5.25 for AFH on the table , share price now positive ytd
Advertisement
so KROPZ share price up ytd 147%
ARC  now owns 83.2% of Kropz issued share capital
Kropz share price almost doubles ytd
back in at 490 , spectrum auction this week
Advertisement
Ummmm what's happening here? Bit of a crash today...You think it will recover?
looking forward to 2022,this guys announced a Nav of R9.00 that's about 30/40% undervalued
Would you advise someone to buy more shares now?
yes
hi guys ho do i buy im new
try Easy Equities
Good for long term
Advertisement
all time high today
Install Our App
Follow us
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2026 - Fusion Media Limited. All Rights Reserved.