The management’s aim
is to continue to participate in investments which add value
to our company through prudent and strategic investments in
well-managed businesses, listed or unlisted, and which offer
capital growth
and competitive returns. At the same time the management keeps
a keen eye on the market situation in order to secure lucrative
investment opportunities whenever one arises.
Investment opportunities are subjected
to rigorous evaluation procedures before being approved.
There are
two major categories
of investments that are central to our business:
Passive Investments
These are investments in businesses, which have:
- strong capital base and market position.
- reliable and capable management.
- profitability and excellent returns.
The company must have a strong and capable management team
with a clearly defined vision for its future.
Operating Investments
These are investments with substantial “operating” activities
where we employ our own knowledge and expertise to set the “trend”.
In this way we ensure that we have a hands-on control of
our investments.
An example of this is Pioneer Fishing (PTY) Limited. The
CEO of APL spends a substantial amount of his time as an
executive director there. This will allow us to supervise
and closely monitor the management of such promising investments
and ensure their viability.
APL has recently decided to focus its resources and attention
on electricity and fuel investment opportunities. This
falls in line with the diversified risk portfolio strategy
of APL and also takes advantages of the current global trends
with respect to the demands in this sector.
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