Publications/Insights
Kela Securities partners with Mill Street Research
Kela Securities partners with Mill Street Research CNBC Africa’s Godfrey Mutizwa is joined by Lesedi Kelatwang, CEO, Kela Securities for this discussion. Article Source
Why EasyEquities is an Undervalued Fintech Unicorn
Kela Securities highlights Purple Group, where we boast Assets Under Management (AUM) reaching approximately R51bn. Priced at 77c per share, EasyEquities is recognized as a fintech unicorn, undervalued yet competing directly with major financial institutions like...
Eskom grid collapse concerns well overdone – Kela Securities
According to a research report from Kela Securities, the risk of a complete grid collapse and a nationwide blackout lasting two weeks or more in South Africa is extremely low. The country’s electricity frequency of 50Hz is crucial for operation, and deviations from...
Kela Securities Private Dinner
A private dinner was hosted by Kela Securities on the 28 March 2023 at Bellagio Restaurant in Illovo with corporate SA guest speakers David Hertz, Chairman at Werksmans, Eric Levenstein who is director and head of Insolvency, Business Rescue and Restructuring and...
BROKERS’ NOTES: Buy PPC, sell Libstar
Sven Forssman, head of equity sales at Kela Securities, on what the smart money is doing. Sven Forssman, head of equity sales at Kela Securities BUY: PPC Punters in India and the US have been pushing cement stocks for over a month. They’ve been tipping them as the...
BROKERS’ NOTES: Buy PPC, sell Truworths
Sven Forssman, head of equity sales at Kela Securities BUY: PPC PPC looks cheap on any measure at 226c, but a value unlock may take longer than expected. First, the cement company is close to finalising its paperwork for government protection against imports, but the...
BROKERS’ NOTES: Buy Tsogo, sell City Lodge
Sven Forssman, head of equity sales at Kela Securities, on what the smart money is doing. Picture: SUPPLIED Sven Forssman, head of equity sales at Kela Securities BUY: Tsogo Sun Hotels We like hotel stocks as tourism is accelerating and occupancies are increasing. The...
BROKERS’ NOTES: Buy Nedbank, sell Motus
Sven Forssman, head of equity sales at Kela Securities BUY: Nedbank We think Nedbank is a buy. The stock sits on a p:e of 8.37 times and a dividend yield of 7%. The bank’s 26% increase in interim headline earnings was achieved without much from the unwind in...
Rolling blackouts hurt SA economy
South Africa is bracing for more power cuts this week following announcement to expect varying degrees of load shedding this week, starting with Stage 6 this afternoon. The power cuts are starting to put SA’s growth forecasts for this year into questions, with...
BROKERS’ NOTES: Buy Renergen, sell Pick n Pay
Sven Forssman, head of equity sales at Kela Securities: BUY: Renergen Domestic helium and natural gas producer Renergen has a few catalysts that could see its share price rise in the next six to 12 months. The market awaits the commissioning of phase 1 of its helium...
