Beige Holdings is a leading contract manufacturer and distributor of cosmetics, toiletries, home care, soaps and bath and body care products for sale to the South African and international markets. At the end of 2003, the company made history when it became the first to list on the AltX of the Johannesburg Stock Exchange (JSE). Currently it is a mid-cap company with a market cap of around R100 million.

The following few years saw the purchase of various subsidiaries, and the company extensively diversified its operations in 2007 and 2008 by managing to buy out two packaging businesses to complement its contract manufacturing operations.

Today, subsidiaries include Quality Products, Argo Soap & Chemical Industries, Amcos Cosmetics International, Herbal and Homeopathic, and packaging companies Crystal Pack and Rap Products International.

Beige prides itself on being able to develop full solutions that can manage the full product innovation process, from idea generation to launch and marketing. In 2012, the Lion Match Company went on to buy a controlling interest in Beige shares, and now owns 82.99% of the voting ordinary share capital. The live online stocks chart shows that Beige share price is however languishing at less than 10 cents.

Beige’s latest financial data reflects the slowing down of South Africa’s economy and the manufacturing sector in particular. The contract manufacturing sector has been labouring under higher costs and lower volumes arising from economic uncertainty, with revenues from the outsourced manufacturing segment declining by 22%.

Beige’s performance has also been eroded by an influx of lower margin products. However, two new multinational customers have steadily increased sales orders, with a portfolio of new products and variants being secured. Herbal & Homeopathic, which Beige currently has a 68.6% stake in, has produced solid growth and profitability.

Packaging revenues have been declining, and the board recently resolved to put the Crystal Pack operation up for sale. Overall, Beige recorded an operating loss of R59 million in 2015, compared to a loss of R70 million in 2014, as the board tries to buy into a turnaround strategy based on re-assessing non-core assets.

Beige believes that it has however secured the anticipated volumes needed to ensure sustainable growth. Going forward, the company is seeking to provide services to the bulk industrial and public sectors, whilst the export market is forecast to leverage the weak rand.

Beige has a resilient value proposition and gains strength through diverse investments throughout the integrated value chain of personal care and homecare.

The company’s turnover is expected to be drastically reduced as a result of the extensive turnaround strategy which was formulated, which has downsized and streamlined the company. The new business model will hopefully reduce costs and return the business to profitability, to the benefit of Beige share price and investors who buy Beige shares.

Beige share price has slumped to around 3 cents per share compared to 8 cents in 2012. The current strife within the company makes Beige shares a risky buy today.

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We have made it simple to buy JSE listed firm shares online. The easiest way to buy Beige Group shares or stocks is to; start by submitting the ‘BUY THIS SHARE’ form. Next, one of our experienced and certified stock brokers will personally get in contact with you to discuss your custom stock request. Finally, a stock advisor will confirm the amount of shares you are looking to invest in Beige Group and assist you with the setup and management of your stock portfolio account.

1. Start by Filling in the BUY THIS SHARE form.
2. Insert your name, email, telephone number and monthly remuneration.
3. Then, Indicate the amount you are looking to invest in Beige Group.
4. Click the “ INVEST NOW” button
5. Once we have received your info, a dedicated stock advisor will personally call you back to discuss your personal share request.
6. Lastly, your newly appointed personal stock advisor will handle all account setups and reporting as stipulated by the financial services board of South Africa (FSB)

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