Jaco Schoombie

there is a time to be long, a time to be short and a time to go fishing or play golf

[Jaco Schoombie @jaco_schoombie]

@SSRugby @sander_dewald

[Sean Ashton @SashtonSean]

South Africa’s future coalition government will be:

[Brent Beshore @BrentBeshore]

Across every segment of investing...

The more relationships matter, the greater the market inefficiency. The more skill, reputation, and stories matters, the higher the dispersion of outcomes and the more important manager selection becomes.

The fertile soil for outperformance.

[Daniel Jeffries @Dan_Jeffries1]

We are the luckiest 1% of 1% of people to ever live in the entire history of humanity.

Anyone putting "progress" in quotes does not realize that life in history was nasty, brutish and short and we are absolutely blessed to live when we live.

Some facts for you.

A thread (1):

[Jaco Schoombie @jaco_schoombie]

@TheMasters @sander_dewald 👀

[The Brief @TheBriefLive]

Press Release on the launch of the Namibia Top Companies Awards

[Jaco Schoombie @jaco_schoombie]

@OfficialPDC @etta_dupp

[Jaco Schoombie @jaco_schoombie]

@morozov_dev @Fredy_Embashu

[Jaco Schoombie @jaco_schoombie]

@sander_dewald

[Jaco Schoombie @jaco_schoombie]

@TheBig4Tweets @CherylEmvula

[Russell Lamberti @RussLamberti]

The SARB-determined 'downward phase' of the business cycle is now at 102 months (and counting), double the previous record (1989-1993). Well on track for a full 'lost decade'. Per capita GDP down -5% in real ZAR since 2013, and about -25% in real USD.

[SavannaBeefNamibia @BVCFNAMIBIA]

During the BVCF meeting on 14 July, the committee decided to open another window of share sales from 19 August to 9 September 2022, to give producers an additional opportunity to buy shares. Only N$ 54 million shares will be available and will be sold on a first come basis.

[Cirrus @cirrus_capital]

The results of the #MTC #MOCNW IPO process were released this evening. In total, the IPO has raised N$2.541bn, out of a target of N$3.124bn. While falling short of the target, this IPO is more than three times larger than the previous largest IPO on the NSX.

[Jaco Schoombie @jaco_schoombie]

The @cirrus_capital @MTCNamibia IPO listing note is available to Cirrus Data subscribers here: https://t.co/3o6aNcPczb

[Jaco Schoombie @jaco_schoombie]

Some 🍺news this morning:

@Heineken make an offer to Namibia Breweries Ltd to acquire its 25.0% shareholding in @Heineken_SA

🇳🇦

[Jaco Schoombie @jaco_schoombie]

🇳🇦💰👇

[Romé Mostert @RomeMostert]

Namibia has IPO fever with MTC coming to market. Will you be be participating in the IPO? What will the retail (man on the street) interest be in the listing? 🇳🇦

For reference, Standard Bank Namibia raised NAD240m from the average Joe.

Retweet for bigger sample size

[Jaco Schoombie @jaco_schoombie]

@cirrus_capital will do a listing note once the prospectus is made public. If you are interested in the research piece, make sure you are subscribed to Cirrus Data - https://t.co/NlZr2xGTdC

[Jaco Schoombie @jaco_schoombie]

@MTCNamibia Listing - 49.0% of the ordinary shares will be made available to the public. The prospectus will open on 20 Sept '21 with listing to occur before Nov '21. The subscription will close on 1 Nov '21 at 12h00.

[Jaco Schoombie @jaco_schoombie]

@cirrus_capital expects the valuation of MTC to range between NAD6.0 billion to NAD7.2 billion. If successful the listing will be the largest in the NSX's history.