Global Asset Management (GAM) is an asset management group which was incorporated as a private company in 2002 and converted into a public company in 2012 when GAM shares were listed on the Johannesburg Stock Exchange (JSE). The company is part of the Inshare Group, a private investment holding enterprise specialising in identifying undervalued opportunities in Africa.

GAM specialises in arranging debt and mezzanine capital for large infrastructure and other projects, while also focusing on developing and investing in business opportunities, mainly in South Africa and the rest of southern Africa. Global is the holding company of Linde Finance Services, a successful asset finance company specialising in financing of forklift trucks.

GAM recently diversified into the renewable energy industry, with the establishment of a new subsidiary called Enviroprotek, which recycles waste tyres into industrial fuel oil, carbon black and steel for sale to industrial clients. In addition, GAM New Energy has launched a concentrated solar power venture and aims to start a waste plastic plant in Gauteng.

The group is a small cap JSE company, and the live online stocks chart shows that GAM share price has remained at around R2 for the past several years.

GAM’s main business continues to be asset financing, and good performance from this division in 2015 was driven by an increase in new rental contracts and sales of forklift trucks.

The group achieved a 10.5% revenue increase in 2015 and an overall profit of R 6.8 million, in spite of extensive development costs related to the GAM’s early-stage renewable energy businesses. GAM is increasingly moving to buy into the renewable energy market, with their businesses expected to start producing profits by late 2016.

Whilst financial services currently comprise the bulk of GAM’s revenue, the company has mapped out a transition towards becoming an important player in the renewable energy sector, employing its asset finance business as a finance base. The company has developed a portfolio of technologies which will exploit rising energy requirements, whilst it also managed to purchase a controlling interest in Earthwise Energy Holdings.

In the six months ended May 2016, GAM continued its steady history of performance, recording a 20% increase in profits from the previous year. The renewable energy segment had already recorded profits of more than R2 million.

GAM’s established financial services businesses are continuing to churn out profits, and the group’s entry into the renewable energy sector has been smooth and highly promising.

Supported by a savvy strategy and a niche market place position, the group’s innovative recycling plants and new solar power station are bound to boost profits and GAM share price. GAM share price has hovered around the R2 mark for the past several years, but the shifting focus towards renewable energy could generate good returns for shareholders and prompt investors to buy GAM shares. GAM is a low-key but intriguing investment prospect.

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We have made it simple to buy JSE listed firm shares online. The easiest way to buy Global Asset Management 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 Global Asset Management Group and assist you with the setup and management of your stock portfolio account.

1. Start by Filling in the BUY THIS SHARE form.
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