Reviving Remgro’s potential after 15 years of underperformance: Activist investor Chris Logan
Description
In a candid conversation with BizNews editor Alec Hogg, Chris Logan - Owner and CIO at Opportune Investments, and seasoned activist investor - delves into the challenges and opportunities at Remgro, once a hallmark of South African investment. Logan highlights Johann Rupert's push for executive ownership, the pivot to capital-intensive industries like MediClinic, and the path to unlocking value in a company trading at a steep 45% discount to its net asset value. Could a return to "owner-manager" principles revive Remgro’s fortunes? Logan shares insights on this and other market moves, including the Boxer IPO success.
In this episode of the BizNews Briefing, capitalist activist Rob Hersov unpacks the impressive one year track record of Argentina’s president (and fellow libertarian) Javier Millei; Top money manager Chris Logan reports back from Johann Rupert’s annual public appearance at the Remgro AGM; plus...
Published 11/28/24
Last year, at an auction of dried abalone in Hong Kong, a Hermanus business sold abalone for between $400 and $500 US dollars per kilogram. That business is Abagold - voted the 2024 Business of the Year by the Hermanus Business Chamber. In this interview with BizNews, CEO Tim Hedges tells viewers...
Published 11/28/24