Brimstone Investment Corporation - N Shares (JSE:BRN)

Mustaq Brey
Market Cap (AUD): 1.36B
Sector: Financials
Last Trade (AUD): 6.05 +0 (+0%)
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1. About

Brimstone Investment Corporation - N Shares (JSE:BRN) are non-voting shares in Brimstone Investment Corporation.

Brimstone Investment Corporation is a black controlled and managed investment company. Brimstone seeks to achieve above average returns for shareholders by investing in wealth creating businesses and entering into strategic alliances to which it contributes capital, innovative ideas, management expertise, impeccable empowerment credentials and a values driven corporate identity.

Strategic focus

Brimstone is well capitalised, has access to further capital and has the team and experience to pursue value enhancing transactions. Brimstone takes a long term view on its investments and will continue to focus on the food, healthcare and financial services sectors while carefully considering other sectors.

Dividend flow from existing investments and a strong balance sheet allow Brimstone to fund future opportunities. The Company has a strong track record of delivering shareholder value and making consistent distributions to shareholders and is supported by an experienced team with proven deal-making ability.

Current investments include:

Aon Re Africa

Aon Re Africa is a leading reinsurance and retrocession intermediary in Sub Saharan Africa, based in Johannesburg, South Africa with a subsidiary office in Harare, Zimbabwe.


Equites Property Fund Limited is a leading South African property fund manager and developer, focused on high quality industrial assets at the top-end of the industrial property sector, with a selective exposure to office property.

House of Monatic

House of Monatic is involved in the design, marketing and manufacturing of mens and ladies clothing and accessories with C² Retail Stores.

Multichoice Phuthuma Nathi

Black owned investment company that holds 20% of Multichoice South Africa.

MTN Zakhele Futhi

Black owned investment company that holds approximately 4% of MTN Group.

Life Healthcare (JSE:LHC)

Life Healthcare's principal business is acute hospital care and comprises one of the widest geographic spreads of acute care hospitals and day surgical centres in South Africa with additional investments in India and Poland.

Oceana (JSE:OCE)

Oceana engages in the catching, processing and procurement of marine species including pilchard, sardine anchovy, redeye herring, lobster, horse mackerel, squid, tuna, hake and other deep sea species.

Obsidian Health

Obsidian Health is a leading supplier of innovative solutions to healthcare providers and clinicians within sub Saharan Africa which support improved patient care in a cost effective manner.

Sea Harvest (JSE:SHG)

Sea Harvest Group is a leading seafood, aquaculture, agri-processing and branded fast-moving consumer goods (FMCG) business with a global footprint.

FPG Property Fund

FPG Property Fund is a South African based privately held property investment and development company. With a 30 year history the fund covers all facets of the real-estate industry but primarily invests in the retail convenience sector across South Africa and offshore.

Information on the company's voting shares may be found at Brimstone Investment Corporation (JSE:BRT).

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk