There hasn’t been a lot for South African investors to cheer about in recent months as equities continue to re-rate downwards.
The team from Anchor Capital believes that KAP Industrial Holdings might be one to watch. The share is currently down 10% year to date, trades on a forward price to earnings multiple of around 11 times earnings and offers a 3% dividend yield.
Investment Analyst, Henry Biddlecombe, gives insight into KAP Industrial Holdings:
Sale of Member's Interest and Claims on Loan Account Agreement with a Restraint of Trade (underlying asset is a business)
R800.00
Sale of Shares and Claims with a Restraint of Trade (undelying asset is a business)
R800.00
CPA-compliant Residential Lease (Natural Persons)
R900.00
CPA Compliant Residential Property Lease Pack Where the Landlord is a Juristic Person and Leesee is a natural person
R900.00
Generic Provision of Services Agreement- Receiver
R600.00
