Research archive for TCP

There's a stock on the JSE that has managed to overcome tough conditions over the last decade: Transaction Capital. Their biggest assets are SA Taxi and WeBuyCars, which they bought last year. As it turns out, that acquisition was very well-timed.

The last 5 years have been very tough for JSE listed companies. But one company has managed to grow headline earnings per share by 20% per annum over that period. Transaction Capital, the majority owner of SA Taxi reported another year of good numbers yesterday.

Another nifty (you will get the pun later) South African business released results on Wednesday which looked impressive considering the tough conditions. I am talking about Transaction Capital. These are the guys that own a majority stake in SA Taxi as well as various debt collecting and credit services in South Africa and Australia.