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.
Equity reports

Get to know your offshore companies: ANHEUSER BUSCH INBEV NV (EURONEXT: ABI.BR)

Anheuser Busch is one of the largest brewing companies in the world, with a portfolio of over 500 beer brands. The company released its third-quarter results on the 25th of October 2019 for the nine months ending 30 September 2019. They reported total revenue of $13.17bn for the third quarter, up by 1.98% (3Q:18 $12.9bn). During […]

Equity reports

Get to know your offshore companies: ALPHABET INC. (NASDAQ: GOOGL)

Alphabet Inc recently released its third-quarter results for the period ending 30 September 2019. The company beat expectations on revenue, delivering top-line growth of 20% to $4.5bn, driven by mobile search, YouTube and cloud. The group’s net income  decreased to $7.08bn (3Q18: $9.1bn) which translated into diluted earnings per share of $10.12, a decline of […]

Equity reports

Get to know your offshore companies: PEPSICO INC (NASDAQ: PEP)

PepsiCo reported its third-quarter 2019 results on the 3rd of October. The company’s core earnings per share declined year-over-year, due to increased selling & general expenses, which also negatively affected operating margin. The group indicated that it expects to meet or exceed its organic revenue target of 4% for the full year. Year-to-date, the group […]

Equity reports

Get to know your JSE companies: MMI HOLDINGS LTD (JSE: MMI)

MMI Holdings was formed from the merger of Metropolitan and Momentum and listed on the 1st of December 2010. The company recently released an operational update for the nine months ended 31st of March 2019. Diluted headline earnings per share rose by 29%, mainly as a result of the share buy-back program, stable profitability in Momentum […]