Recent Insider Transactions • Jan 16
Non-Executive Director recently bought R257k worth of stock On the 8th of January, Christoffel F. Wiese bought around 116k shares on-market at roughly R2.21 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth R4.5m. Insiders have collectively bought R67m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Jan 13
Non-Executive Director recently bought R257k worth of stock On the 8th of January, Christoffel F. Wiese bought around 116k shares on-market at roughly R2.21 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth R4.5m. Insiders have collectively bought R67m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Dec 12
Non-Executive Director recently bought R608k worth of stock On the 9th of December, Christoffel F. Wiese bought around 280k shares on-market at roughly R2.18 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth R4.5m. Insiders have collectively bought R73m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Nov 21
Non-Executive Director recently bought R4.5m worth of stock On the 17th of November, Christoffel F. Wiese bought around 2m shares on-market at roughly R2.15 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought R128m more in shares than they have sold in the last 12 months. Tillkännagivande • Nov 15
Brait PLC to Report First Half, 2026 Results on Nov 13, 2025 Brait PLC announced that they will report first half, 2026 results on Nov 13, 2025 New Risk • Aug 03
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: R54m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (193% increase in shares outstanding). Minor Risks Large one-off items impacting financial results. Significant insider selling over the past 3 months (R54m sold). Recent Insider Transactions • Jul 25
Non-Executive Director recently bought R7.4m worth of stock On the 22nd of July, Paul Roelofse bought around 3m shares on-market at roughly R2.13 per share. This transaction increased Paul's direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought R145m more in shares than they have sold in the last 12 months. Tillkännagivande • Jul 11
Brait PLC, Annual General Meeting, Aug 07, 2025 Brait PLC, Annual General Meeting, Aug 07, 2025, at 11:00 Arabian Standard Time. Location: 12th floor, standard chartered tower, 19 bank street, cybercity, ebene 72201, mauritius, Mauritius Recent Insider Transactions • Jun 27
Non-Executive Director recently bought R1.2m worth of stock On the 23rd of June, Christoffel F. Wiese bought around 550k shares on-market at roughly R2.17 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought R226m more in shares than they have sold in the last 12 months. New Risk • Jun 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (193% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Large one-off items impacting financial results. Tillkännagivande • Apr 30
Brait PLC to Report Fiscal Year 2025 Results on Jun 10, 2025 Brait PLC announced that they will report fiscal year 2025 results on Jun 10, 2025 Recent Insider Transactions • Mar 20
Non-Executive Director recently bought R42m worth of stock On the 17th of March, Christoffel F. Wiese bought around 22m shares on-market at roughly R1.90 per share. This transaction amounted to 1.5% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought R222m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Feb 26
Non-Executive Director recently bought R526k worth of stock On the 20th of February, Christoffel F. Wiese bought around 263k shares on-market at roughly R2.00 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth R47m. Insiders have collectively bought R177m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Feb 20
Non-Executive Director recently bought R793k worth of stock On the 13th of February, Christoffel F. Wiese bought around 396k shares on-market at roughly R2.00 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth R47m. Insiders have collectively bought R176m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Feb 09
Non-Executive Director recently bought R496k worth of stock On the 4th of February, Christoffel F. Wiese bought around 248k shares on-market at roughly R2.00 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth R47m. Insiders have collectively bought R176m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Jan 29
Non-Executive Director recently bought R415k worth of stock On the 21st of January, Christoffel F. Wiese bought around 207k shares on-market at roughly R2.00 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth R47m. Insiders have collectively bought R172m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Jan 25
Non-Executive Director recently bought R415k worth of stock On the 21st of January, Christoffel F. Wiese bought around 207k shares on-market at roughly R2.00 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth R47m. Insiders have collectively bought R172m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Jan 22
Non-Executive Director recently bought R5.4m worth of stock On the 13th of January, Christoffel F. Wiese bought around 3m shares on-market at roughly R2.00 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth R47m. Insiders have collectively bought R172m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Jan 03
Non-Executive Director recently bought R434k worth of stock On the 27th of December, Christoffel F. Wiese bought around 217k shares on-market at roughly R2.00 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth R47m. Insiders have collectively bought R166m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Dec 17
Non-Executive Director recently bought R47m worth of stock On the 11th of December, Christoffel F. Wiese bought around 22m shares on-market at roughly R2.09 per share. This transaction amounted to 1.5% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought R165m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Dec 08
Non-Executive Director recently bought R524k worth of stock On the 2nd of December, Christoffel F. Wiese bought around 262k shares on-market at roughly R2.00 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth R15m. Insiders have collectively bought R119m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Dec 07
Non-Executive Director recently bought R524k worth of stock On the 2nd of December, Christoffel F. Wiese bought around 262k shares on-market at roughly R2.00 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth R15m. Insiders have collectively bought R119m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Dec 03
Non-Executive Director recently bought R7.8m worth of stock On the 26th of November, Christoffel F. Wiese bought around 4m shares on-market at roughly R2.00 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth R15m. Insiders have collectively bought R118m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Nov 20
Non-Executive Director recently bought R15m worth of stock On the 14th of November, Christoffel F. Wiese bought around 7m shares on-market at roughly R1.95 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought R104m more in shares than they have sold in the last 12 months. New Risk • Nov 14
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: R4.3m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (193% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Large one-off items impacting financial results. Significant insider selling over the past 3 months (R4.3m sold). Tillkännagivande • Nov 13
Brait PLC to Report First Half, 2025 Results on Nov 13, 2024 Brait PLC announced that they will report first half, 2025 results on Nov 13, 2024 Recent Insider Transactions • Sep 15
Non-Executive Director recently bought R755k worth of stock On the 10th of September, Christoffel F. Wiese bought around 755k shares on-market at roughly R1.00 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth R50m. Insiders have collectively bought R89m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Sep 11
Non-Executive Director recently bought R332k worth of stock On the 4th of September, Christoffel F. Wiese bought around 333k shares on-market at roughly R1.00 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth R50m. Insiders have collectively bought R88m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Aug 23
Non-Executive Director recently sold R4.3m worth of stock On the 20th of August, Christoffel F. Wiese sold around 7m shares on-market at roughly R0.59 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought R86m more than they sold in the last 12 months. New Risk • Aug 21
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 193% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Shareholders have been substantially diluted in the past year (193% increase in shares outstanding). Recent Insider Transactions • Jul 30
Non-Executive Director recently bought R14m worth of stock On the 24th of July, Christoffel F. Wiese bought around 16m shares on-market at roughly R0.87 per share. This transaction amounted to 3.4% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth R50m. Insiders have collectively bought R89m more in shares than they have sold in the last 12 months. New Risk • Jul 24
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of South African stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risk Market cap is less than US$100m (R1.04b market cap, or US$56.8m). Tillkännagivande • Jul 13
Brait PLC, Annual General Meeting, Aug 12, 2024 Brait PLC, Annual General Meeting, Aug 12, 2024, at 11:00 Arabian Standard Time. Location: 4th floor, the axis, 26 bank street, ebene 72201, Mauritius New Risk • Jun 02
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-R17m free cash flow). Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (R1.52b market cap, or US$80.8m). New Risk • May 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South African stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-R17m free cash flow). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (R1.56b market cap, or US$84.7m). New Risk • Mar 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South African stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-R17m free cash flow). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Market cap is less than US$100m (R1.70b market cap, or US$90.7m). New Risk • Mar 11
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: R1.74b (US$93.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-R17m free cash flow). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (R1.74b market cap, or US$93.3m). Tillkännagivande • Nov 17
Brait PLC to Report Q2, 2024 Results on Nov 15, 2023 Brait PLC announced that they will report Q2, 2024 results on Nov 15, 2023 New Risk • Jun 17
New major risk - Revenue size The company makes less than US$1m in revenue. This is considered a major risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Board Change • Nov 16
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Michael Dabrowski was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Price Target Changed • Apr 27
Price target decreased to R2.90 Down from R3.80, the current price target is provided by 1 analyst. New target price is 28% below last closing price of R4.04. Stock is up 48% over the past year. The company posted earnings per share of UK£0.016 last year. Board Change • Apr 27
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Michael Dabrowski was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Dec 17
Investor sentiment improved over the past week After last week's 15% share price gain to R4.49, the stock trades at a trailing P/E ratio of 4.5x. Average trailing P/E is 10x in the Capital Markets industry in South Africa. Total loss to shareholders of 78% over the past three years. Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment improved over the past week After last week's 17% share price gain to R4.81, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 12x in the Capital Markets industry in South Africa. Total loss to shareholders of 80% over the past three years. Valuation Update With 7 Day Price Move • Sep 02
Investor sentiment improved over the past week After last week's 16% share price gain to R3.35, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 12x in the Capital Markets industry in South Africa. Total loss to shareholders of 87% over the past three years. Price Target Changed • Jun 26
Price target decreased to R2.90 Down from R3.80, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of R2.95. Stock is down 14% over the past year. Executive Departure • May 29
Independent Non-Executive Director has left the company On the 18th of May, Lawrence Porter's tenure as Independent Non-Executive Director ended after 8.0 years in the role. We don't have any record of a personal shareholding under Lawrence's name. A total of 5 executives have left over the last 12 months. Recent Insider Transactions • Mar 19
Non-Executive Director recently bought R33m worth of stock On the 16th of March, Christoffel F. Wiese bought around 12m shares on-market at roughly R2.72 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought R43m more in shares than they have sold in the last 12 months. Is New 90 Day High Low • Feb 15
New 90-day low: R2.85 The company is down 26% from its price of R3.85 on 17 November 2020. The South African market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Capital Markets industry, which is up 8.0% over the same period. Is New 90 Day High Low • Jan 28
New 90-day low: R3.17 The company is down 10.0% from its price of R3.52 on 30 October 2020. The South African market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Capital Markets industry, which is up 17% over the same period. Is New 90 Day High Low • Jan 08
New 90-day low: R3.29 The company is down 18% from its price of R3.99 on 09 October 2020. The South African market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Capital Markets industry, which is up 11% over the same period. Recent Insider Transactions • Oct 04
Non-Executive Director recently bought R1.7m worth of stock On the 28th of September, Christoffel F. Wiese bought around 485k shares on-market at roughly R3.46 per share. In the last 3 months, they made an even bigger purchase worth R3.4m. Despite this recent purchase, insiders have collectively sold R1.8m more in shares than they bought in the last 12 months. Recent Insider Transactions • Sep 30
Non-Executive Director recently bought R3.4m worth of stock On the 23rd of September, Christoffel F. Wiese bought around 1m shares on-market at roughly R3.35 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold R6.4m more in shares than they bought in the last 12 months. 