Equity reports

GET TO KNOW YOUR JSE COMPANIES: Compagnie Financiere Richemont (CFR)

The group recently reported a trading update for the quarter ended 31 December 2017. Sales in the quarter increased by 7% at constant exchange rates and 1 % at actual rates compared to the prior year period. Read our full summary here: CFR.pdf

Schalk Louw
As Portfolio Manager at PSG Wealth Old Oak and with over 20 years’ experience in the investment industry, Schalk has consistently delivered solid returns to his clients and has certainly become one of South Africa’s most well-known strategists. He started his career in 1994 at the stockbroking company, Huysamer Stals (later ABN Amro). He joined SMK Securities in 1997, (later became BoE Personal Stockbrokers) and was later appointed as director and branch manager. In 2001 he co-founded Contego Asset Management and managed the company as CEO up to March 2014, after which he joined PSG Wealth Old Oak. Schalk has also become a regular household name with investors, with his reports being published in many of the national press. He completed his MBA in 2008.

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