Rockwell Diamonds is a mid-tier diamond mining and development company based in South Africa and focused on the exploration and production of alluvial diamonds from a portfolio of mines in the Northern Cape.

Mines initially included the Holpan-Klipdam Property, Wouterspan, Saxendrift & South Bank Middle Orange River Operations and Niewejaarskraal & South Bank Middle Orange River Operations. A private mining company decided to buy the Klipdam mine for R25 million in 2013, with Rockwell reinvesting the cash into the Niewjaarskraal mine. The Wouterspan mine has been put on care and maintenance, while the company has invested further capital into the purchase of the Remhoogte/Holsloot Project contiguous to the group’s other properties. Rockwell also has a strategic beneficiation partnership with Diacore for the production of rough diamonds weighing more than 2.8 carats.

Rockwell Diamonds shares are available for investors to buy on the Johannesburg Stock Exchange (JSE) and the Toronto Stock Exchange. Due to the difficult trade conditions, Rockwell Diamonds share price has struggled on the live online stocks chart.

Rockwell Diamonds shares are available for investors to buy on the Johannesburg Stock Exchange (JSE) and the Toronto Stock Exchange. Due to the difficult trade conditions, Rockwell Diamonds share price has struggled on the live online stocks chart.

Rolfes Holdings enjoyed excellent performance in all key metrics for the 2016 financial year. Revenue increased by 20% to R1.364 billion, with headline earnings jumping by 91% to R79 million, resulting in shareholders receiving a 39% increase in headline earnings per share. Dividends of 6 cents were announced for the year, compared to no dividend in 2015.

The group completed its larger ever acquisition, with CEO Lizette Lynch leading a decision to buy food chemicals company Bragan Chemicals for R213 million. The new company is forecast to contribute around 40% of group sales and 50% of operating profit in the future, taking over the top position from Rolfes’ agricultural chemicals division. The agriculture division has been affected by the prevailing drought conditions in South Africa, but shielded by the group’s focus on permanent crop sectors such as citrus, avocados, grapes and nuts.

Exports to other parts of Africa and to Eastern Europe have also played an increasingly important role in contributing to profit. The group has added that it is looking to buy into another sector such as pharmaceuticals.

Despite a difficult economic backdrop for trade, the group’s industrial operations enjoyed an increase in profit margin from 12.9% to 19.2%, mainly due to the disposal of a low margin lead chrome plant. The water division was hampered by delays in tender awards, with gross profit margins decreasing slightly from 49% to 47.3%.

Having endured some difficult times in the past few years, Rolfes Holdings share price dropped off considerably from a high of R6.99 in 2013 to R2.60 by the end of 2015. But the group has managed to become profitable since, and some stellar financial results will boost the confidence of investors looking to buy small-cap stocks. At the current low price Rolfes Holdings share price, the company could well be one of the best stocks for small-cap investors to buy.

Materials

Chemicals

Specialty Chemicals

We have made it simple to buy JSE listed firm shares online. The easiest way to buy Rolfes 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 Rolfes 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 Rolfes 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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