South African investment opportunities

[sabbi 1]

Hi Guys
I am a South African venture capital investment broker. With the favourable exchange rate afforded to foreign investors, it would be worth taking a look at a few of the companies on offer.
Should any of you be interested send me an e mail as I'll be glad to assist with further information etc.
Looking forward to hearing from you
Regards
Sabbi

 

[rog1111]

I think that the Rand will need to get back to its true value before SA investments start to look attractive again, from a UK point of view, although I see that there was a surprise rate cut yesterday which hammered it down. Also when are they going to scrap exchange controls ? Never it seems.....

rog1111

 

[TWI]

I just see South Africa continuing to go the same direction as the rest of the continent went long ago, a gradual slide into total corruption from the top down. It is a shame, as the country used to have so much to offer.
I have enjoyed the time I have spent out there tremendously.

 

[rog1111]

Unfortunately, I feel the same way.

rog1111

I just see South Africa continuing to go the same direction as the rest of the continent went long ago, a gradual slide into total corruption from the top down. It is a shame, as the country used to have so much to offer.
I have enjoyed the time I have spent out there tremendously.

 

[sabbi 1]

With attidutes such as the abovementioned one wonders why they call it speculative investing, come on guys nothing ventured nothing gained. If it's o.k to holiday here and take advantage of the existing exchange rate as ( as strong as the rand is) it is still favourable. Then why not look at some small investments?

 

[rog1111]

What type of investments did you have in mind exactly ? How would funds be re-patriated ? How would we protect against huge exchange rate risk ?

With attidutes such as the abovementioned one wonders why they call it speculative investing, come on guys nothing ventured nothing gained. If it's o.k to holiday here and take advantage of the existing exchange rate as ( as strong as the rand is) it is still favourable. Then why not look at some small investments?

 

[sabbi 1]

There are a few ipo's available to prospectful investors for shares within varios up and coming companies. Your funds would be re-patriated as you put it , when you should decide to sell your shares or by means of dividends paid out to you anually. These companies offer relatively high roi's, as the initial share prices range from 65c = 0.06 gbp to R1=0.09gbp. Upon listing they entertain prices of anything from R1.20 = 0.10 gbp and up. There are minimum subscription amounts set out . With regard to the huge exchange risk, the rand has always been weeker than the pound/dollar and with the audited forecast projections that these shares entertain your risk is hugely minimised.

 

[jpwone]

LOL

Re-arrange "bargepole a touch don't with".

Lets have a guess what 'audited forecast projections' are. Ooops, thats what they are - a guess.

Best way to hugely minimise risk with this one is to pass it by. Oh, and just in case anyone thinks I'm being a tad harsh, I have lived and worked in South Africa and have seen and dealt with some of the most underhand 'business men' I have ever come across. I would be cautious (no, lets change that to 'not even contemplate') even investing in established listed Jo'burg Stock Exchange equities.

South Africa is not an opportunity waiting to happen but an implosion waiting (probably a few years yet) to happen. The caution of a new government which sought international advice and help and appreciated and listened to this advice is being replaced by a growing number of ego's with contempt for any view other than their own. It is probably only a matter of time before an extremist attempts to unsettle the apple cart and then SA will be on the Zimbabwe path.

Anyone still tempted should also consider that South Africa has a long tradition of only wanting money to come into the country and has in the past used very restrictive exchange regulations to ensure that the minimum left the country.

I like South Africa and have tremendous respect for a large number of people who live there but I would not invest one penny there. Maybe in 20 years and only if they have managed to maintain some sort of stability but until then the answer is a definite no.