PSG :: R10 000 to R206 000

Psg is an investment company based in South Africa with it's main holdings being Capitec (a low cost, no frills bank), Curro (private schools), Zeder (argi/ food) and a wealth management business. They have a few other, small investments as well - distance learning and something to do with power being two.

Anyhoo - looking at their share price, you really want to have had this in your portfolio - I , er, have not. But have owned their largest holding Capitec, for 4 - 5 years so up close to 400%, by far my best performer.

But, as can be seen from the chart, had you invested R10 000 in 2009, you would be now sitting on R206 000. If only, if only.

So got in a upward wedge - will be looking to get out at R266 - some results are expected. Capitec just had a trading update say that HEPS up 15 - 18% but Curro results disappointed - using a non-leveraged position with no stop.

But looking at the monthly chart - I am wondering if i should free up some cash and look at investing some money in PSG for the longer term? Capitec is my largest overall holding - but still under 10%, and have a little Curro - which has recently dipped into the red.

And the monthly - brings a tear to my eye...