PSG Konsult Limited. JSE: KST

Background of PSG Konsult
PSG Konsult, 62.6% owned by the PSG Group, is a South African-based financial services group offering a diversified portfolio of products and services, delivered through the PSG Wealth, PSG Asset Management and PSG Insure divisions. Divisions are supported by a network of independent financial advisers across South Africa, Namibia and Mauritius.
Specialities include investment management, financial planning and advice, insurance, stockbroking, share trade, healthcare brokerage and administration, employment benefits, retirement products, multi-manager solutions and management of local and foreign unit trusts. With a history stemming back to 1998, the company today operates in all nine of South Africa’s provinces and also has two offices in Namibia and one in Mauritius.
PSG Konsult shares were listed separately from the PSG Group on the Johannesburg Stock Exchange (JSE) in 2014. The company also has a secondary listing on the Namibian Stock Exchange. The group’s JSE market cap is R9.25 billion. Assets under management and administration total more than R470 billion.
PSG Konsult Shares Growth Driver
PSG Konsult’s strategy is to develop a robust, profitable business by focusing on organic growth that provides a net revenue margin at an appropriate unit of risk.
A key growth driver is the group’s network of independent advisers, who distribute products and services through established relationships with clients. This expertise is supported by integrated technology platforms built to improve ease of doing business.
Since 2006, PSG Konsult has achieved a 37.4% compound annual growth in recurring headline earnings, with impressive results achieved in all key performance data, including PSG Konsult share price. The group’s profit before tax has increased from R144 million in 2010 to over R631 million by 2016, despite the group having to operate against a backdrop of volatile and depressed equity markets, sharp rand devaluation and overall challenging economic conditions. Sustainable topline revenue growth was supported by growth in the adviser base and value of assets under management. As part of its geographical expansion strategy, the group entered into Mauritius by deciding to buy 70% of wealth manager DMH Associates.
PSG Wealth, which offers investment opportunities, stockbroking, estate planning, fiduciary services and the chance for JSE investors to buy and sell shares online, accounts for more than 50% of income. The division recorded the third-largest net income flows in the industry in the latter part of the financial year, mainly driven by investments intonon-retirement funding products. All of this resulted in shareholders receiving the largest dividends in several years.
PSG Konsult Group Investor Tip
As a newly-listed company, PSG Konsult entered the market at a difficult time for financial services companies. The live stocks chart reveals that PSG Konsult share price has had an unstable ride in the two years since listing, but the future forecast looks healthy. The company has managed impressive compound growth results and has already proven itself as a worthy competitor in the market, with most investment analysts agreeing that PSG Konsult shares are a worthwhile buy.
PSG Konsult Major Shareholders
PSG Financial Services Ltd., Coronation Asset Managers, Public Investment Corporation.
Sector
Financials
Industry
Asset Management
Sub industry
Wealth Management
How to buy PSG Konsult Group Shares
PSG Konsult : How to buy PSG Konsult Group Shares Online
We have made it simple to buy JSE listed firm shares online.
Here are the 7 steps you must follow to Buy / Purchase PSG Konsult Group shares with utmost confidence:
- Open a FREE Trading Account here
- Verify account via email or phone number.
- Set up 2FA (Two Factor Authentication)
- KYC your profile to get verified.
- Explore and get acquainted with the trading dashboard.
- Deposit fiat into your trading account.
- Invest and trade in stocks that you want in your portfolio.
Buy Shares with Confidence
Buying JSE shares has never been this convenient and easy. #myfirstshare