Comprehensive AltX research service to help investors make better decisions
Today Merchantec announced the launch of its comprehensive fundamental AltX equity research initiative, which promises to assist the investment community in rediscovering and better understanding a number of small cap entities, as well as the AltX sector in general.
The AltX research service, ‘On The Radar’, is supported by the JSE and the AltX and presents crucial elements which investors should consider before making their investment decisions in AltX companies. ‘On The Radar’ includes trends in specific industries, competitive advantages in specific markets, as well as AltX companies’ financial position and forecasts.
Brian Rainier, Research Director of Merchantec explains that, “in a bear market, smaller companies are often considered as high risk and an investor flight to the perceived safety of larger stocks is not uncommon.” Equity investors in South Africa are becoming more demanding when it comes to making investments in listed counters and they depend on accurate, thoroughly conducted, independent investment views and valuations to make solid, sensible decisions.
Brian adds that, “Together with AltX, we consider research as fundamental to maintaining investor interest and facilitating the capital growth of AltX listed companies. This initiative aims to put AltX companies back on the investment radar and will expose AltX for the promising sector that it is. Our initial research indicates there is significant value to be unlocked across the sector.”
Noah Greenhill, head of Marketing and Business Development at the JSE comments: “One of the cornerstones of a robust market is relevant company research. Until now only ad hoc research has been available and the regular Merchantec research is a welcome addition to the AltX landscape. We believe that the research will improve liquidity which is good for both investors and issuers.”
‘On The Radar’ is available on a subscription basis and consists of:
• Published Report: This 500+ page book will include comprehensive analyst reports on selected AltX companies, as well as ‘AltX @ Your Fingertips’, a reference guide on all AltX companies. This report will be published biannually.
• Electronic Updates: Email updates and valuations are distributed bi-monthly and incorporate recent company news and corporate activities within the sector.
• Seminars: Industry seminars offer AltX-listed companies the opportunity to present their company and network with the investment community.
The first ‘On The Radar’ published report will be available to subscribers in May 2009 and includes analysts reports on 1Time Holdings Limited, Alert Steel Holdings Limited, B & W Instrumentation and Electrical Limited, Blue Financial Services, African Dawn Capital Limited, Dialogue Group Holdings Limited, Dynamic Technology Holdings Limited, Huge Group Limited, Quantum Property Group Limited, Rare Holdings Limited, RACEC Group Limited, SA French Limited, Simeka Business Group Limited, Taste Holdings Limited, Total Client Services Limited and Telemaster Holdings Limited.
For more info please contact:
Brian Rainier, CFA
Tel: 011 325 6363
Cell: 082 851 5231
Email: [email protected]
