Adishan Naidoo | Simon Brown
Capitec is the single most successful JSE listing of the past 25 years. From 200c at it’s 2002 listing the share is over R4,500 today, a return that has humbled almost every professional fund manager in the country. At the time, it was a small, unloved micro-lender dismissed by the Big Four banks and ignored by most analysts. The signals were there, but almost nobody acted on them.
In this Power Hour, Simon Brown unpacks what was actually visible at listing, what was luck, and what can be turned into a repeatable framework for spotting the next one.
He works through the tests that separate a genuine compounder from a story stock: the market opportunity, the business model, the management team, the capital structure, and the things that kill these stories before they get going.
Then he applies the framework live to current local and offshore stocks to see which ones stand up to scrutiny, and which do not.
You will not leave with a hot tip. You will leave with a repeatable process that you’ll be able to use again and again in your investing journey.
Power Hour
How do you make sense of the financial markets? How do you interpret the latest financial news? Where do you learn how financial instruments work? How can you learn to invest?
The Power Hour started in 2011 with top industry experts presenting to private investors on financial issues closest to their heart. Power Hours are now both live in-person presentations in Johannesburg, and broadcast live online.
