All Share (J203) = 89 519
Rand / Dollar = 18.22
Rand / Pound = 23.54
Rand / Euro = 19.70
Gold (usd/oz) = 3 023.65
Platinum (usd/oz) = 976.40
Brent (usd/barrel) = 72.13
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RECM and Calibre Limited. JSE: RACP

RAC shares

Background of RECM and Calibre

  • RECM and Calibre Limited is a long-term investment company with access to permanent capital, providing a closed-end vehicle for investors in South Africa. The company’s history stems back to 2009 through a joint venture partnership between fund manager Regarding Capital Management and private equity firm Calibre Capital. Today, RECM and Calibre shares are for sale on the Johannesburg Stock Exchange (JSE).

  • The group aims to buy assets where size, regulations, liquidity and complexity act as a deterrent to most buyers, acquiring minority stakes and partnering with management teams in private businesses. The group currently has core investments in mining, engineering, retail, gaming and food and beverage companies. Assets are valued at over R500 million.

  • Ordinary shares are held by the executive directors of the company, whilst investors are given the opportunity to subscribe for preference shares. RECM and Calibre share price has performed well on the JSE of late, with a forecast for future growth.

RECM and Calibre Shares Growth Driver

  • RECM and Calibre’s investment strategy involves investing in listed or unlisted operating businesses, either onshore or offshore, and investment in various types of securities. The group adheres to a patient investment strategy and does not plan to pay dividends until investments are found which satisfy the board’s criteria. The business measures its performance mainly through Net Asset Value (NAV) per share, which has grown by around 97% since RECM and Calibre shares were listed in 2010.

  • In the gaming sector, the group’s main investment, Goldrush, performed well during the 2016 financial year, with revenue increasing by 20% and net profits almost doubling. Investments in mining, which include Transhex, West Coast Resources, and Sentula Mining, have weighed on the group’s financial data due to the difficult trade conditions within the mining industry.

  • The group owns a 28.3% stake in premier hunting and outdoor equipment retailer Outdoor Investment Holdings, which increased both revenues and operating profit by 10%. The group’s 11.3% stake in poultry producer Sovereign Foods has been hampered by a competitor trying to negatively influence the market perceptions of the company, with an aim to either buy it out or hinder operations. The company aims to navigate tough conditions in the poultry industry by increasing production at lower cost. Meanwhile, the investment in unlisted wine and spirits producer KWV has produced solid profits.

RECM and Calibre Group Investor Tip

  • The group has yet already caught the attention of JSE investors, holding strong cash resources and well set to expand its portfolio of investments. The group is well diversified and adheres to a cautious acquisition and investment strategy, which should encourage similarly cautious investors to buy RECM and Calibre shares. The live online stocks chart shows that RECM and Calibre share price has grown fromaround R10 per share in 2011, to R23 by October 2016, highlighting investor confidence in this well-managed company.

RECM and Calibre Major Shareholders

Truffle Asset Management (Pty) Ltd., Regarding Capital Management (Pty) Ltd, Kagiso Asset Management (Pty) Ltd and Allan Gray (Pty) Ltd.

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How to buy RECM and Calibre Group Shares

  • RECM and Calibre : How to buy RECM and Calibre Group Shares Online

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

  • Here are the steps you must follow to Buy / Purchase RECM and Calibre Group shares with utmost confidence:

    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 RECM and Calibre 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)
  • Buy Shares with Confidence

    Buying JSE shares has never been this convenient and easy. #myfirstshare

    View more JSE shares for sale – here.

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