Tiso Blackstar is an investment holding company focused on listed and unlisted opportunities where it can play an active role in management through provision of financial and business experience.

Despite being incorporated in the UK, the group’s investment history is entrenched in Africa, with a particular focus on buying stakes in businesses in sub-Saharan Africa, and putting mature investments up for sale. Investments today span the media, industrial and property sectors, with businesses including Time Media, Consolidated Steel Industries, Robor Proprietary and Kagiso Tiso Holdings.

Tiso Blackstar shares have a primary listing on the AIM of the London Stock Exchange, and a secondary listing on the AltX of the Johannesburg Stock Exchange (JSE) in South Africa.

Blackstar’s investment strategy is to buy into a minimum number of large investments where it has control to influence strategy and growth, developing these investments organically and through value-enhancing acquisitions. The group brings a solid capital base and aims to become a long-term partner for African business owners looking to expand or exit.

In 2016, the group announced that it will dispose of all its non-core assets in the industrial sector, carrying a total value of almost R2 billion. This is part of Blackstar’s intention to become a single sector investment company with a focus on media and related industries where it can leverage its media expertise. Once the disposals are completed, the group’s performance will be assessed on earnings rather than net asset value.

For the 2016 year, Tiso Blackstar’s board said that the business had a solid performance in both core and non-core investments, achieved through careful assessments, streamlining workflows, managing the cost base and investing capital in new markets in Africa and additional revenue streams. But the financial data for the year tells a different story. Major investments in the Times Media Group and a variety of media assets in the rest of Africa have borne fruit, but impressive investment income of R422 million was offset by net fair value and foreign exchange losses of just over R1 billion. Overall, the business recorded a loss of R909 million for the year, compounded by mediocre results from investments in the industrial sector.

Going forward, the group’s success will hinge on the ability of Times Media to continue adapting to market changes and invest in new revenue streams and innovative concepts to enhance earnings. Tiso Blackstar has also stated that it will continue its drive to consider acquisitions to complement existing media assets in South Africa, Kenya, Ghana and Nigeria.

Tiso Blackstar share price has plummeted as a result of its poor financial results, with the live online JSE stocks chart showing a sharp dip from a high of R15 in July 2015 to R8.80 by November 2016. With the business in the process of exiting non-core investments, investors are currently uncertain about the company’s prospects and will be reluctant to buy Tiso Blackstar shares.

Financials

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