WHY I’M ADDING AC­CEN­TU­ATE TO MY PORT­FO­LIO

Finweek English Edition - - INVESTMENT -

The man­age­ment team at Ac­cen­tu­ate is very hon­est in their as­sess­ment of the busi­ness of the last few years: it took some il­lad­vised de­ci­sions to grow the busi­ness and in the process de­stroyed share­holder value. It has de­cided to fo­cus on the things it is good at and the met­rics are start­ing to look bet­ter, and the share price has re­sponded ac­cord­ingly ris­ing from 58c/share to 95c/ share in the last year.

With strong black own­er­ship cre­den­tials and South Africa look­ing to en­joy R3tr of in­fra­struc­ture spend, this looks like a busi­ness which is well po­si­tioned to rise in the long run.

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