Zeder was established in 2006 to inject unlisted, highly profitable agricultural sector assets into an investable entity. Having recently ventured into operating assets with the acquisition of a majority stake in a Zambian farm, Zeder has shown its intentions of taking advantage of the opportunities Africa has to offer the agricultural sector. Zeder’s assets are managed by PSG, which has proven over time to be an exceptionally shrewd investment strategist. Alongside this, we believe Zeder is attractively priced on a sum of the parts basis, with the portfolio value exceeding the market price by a wide margin. With global demand for agricultural products and food expected to continue growing over the next decade, Zeder is well set to benefit from this structural driver.
4group recently concluded the acquisition of the Evander gold field from Harmony, which has the effect of immediately doubling gold production.
Pan-African Resources is managed by an experienced team with a sound track record and intimate knowledge of its assets. The group has a strong balance sheet, is cash generative and boasts prof itable underlying businesses with good earnings prospects.