Capevin Holdings Limited. JSE: CVH

Capevin shares

Background of Capevin Holdings

  • Capevin Holdings (previously KWV Limited) is a passive investment holding company based in South Africa, with its only significant asset an indirect effective interest of 27% in multibillion-rand alcohol producer and marketer Distell, held via its 50% interest in Remgro-Capevin Investments.

  • Capevin Holdings shares have been available to buy under the Beverages sector of the Johannesburg Stock Exchange (JSE) since 2012. Today, the company has a market cap of R 7.66 billion. Due to its solitary investment model, the company’s performance and Capevin share price are largely dictated by the strength of Distell. Shareholders have historically reaped rewards from dividends that Capevin receives from Distell.

  • Distell is Africa’s largest producer and marketer of wines, spirits, ciders and other alcoholic beverages for sale to a diverse array of clients, employing about 5 500 people and recording an annual turnover of R19.6 billion. The live online stocks chart shows a steady growth in Capevin share price.

Capevin Holdings Shares Growth Driver

  • Capevin’s latest financial data reflects solid performance for the six months ended 31 December 2015. The significant stake in Distell produced after-tax profits of over R300 million for the period, while shareholders enjoyed a 17.9% increase in headline earnings per share.

  • This was in line with strong performance from Distell, which increased revenue by 11.2% to R12.2 billion, headline earnings by 17.8% and sales volumes by 7.7%. This was largely due to a record festive season trade for the company, with all core beverage categories delivering impressive growth. The group also achieved good gains from international markets as a result of the weaker rand. In particular, gains in some African, European and Asian markets offset the effects of weak demand from the UK, Russia, China and Latin America.

  • Enhanced market penetration, product diversification and improvements to customer service were a big factor in raising volumes in South Africa by 13.3%, further strengthening Distell’s position in its largest market. Distell’s board has forecast that the macroeconomic environment for the short-term future will continue to be challenging, with the group’s key markets experiencing volatile trading conditions. The group does however have a target of doubling the size of its business by 2020.

Capevin Holdings Group Investor Tip

  • Capevin share price has reflected Distell’s steady growth trend over the past five years, but the stock has levelled out and dipped slightly due to the economic uncertainty in several key markets.

  • Whilst continuing to buy into a long-term strategy to grow shareholder value, Distell is reviewing the sequencing and pace of investments. The group is however well-positioned to take early advantage of improvements in the economic conditions of the markets where it operates, thanks to its versatile portfolio of strong, appealing and diverse brands, a capacity to trade across a spectrum of markets at a range of price points and the security of its financial position.

  • Capevin shares will most likely not experience significant gains in the future, but could be seen as a safe purchase which may have the potential for long-term growth.

Capevin Holdings Major Shareholders

Remgro International Holdings, Government Employees Pension Fund.

  • Sector

    Consumer Staples

  • Industry

    Consumer Products

  • Sub industry

    Beverages

How to buy Capevin Holdings Group Shares

  • Capevin Holdings : How to buy Capevin Holdings Group Shares Online

    We have made it simple to buy JSE listed firm shares online. The easiest way to buy Capevin Holdings Group shares or stocks is to; start by submitting the ‘BUY THIS SHARE’ form. Next, one of our experienced and certified stock brokers will personally get in contact with you to discuss your custom stock request. Finally, a stock advisor will confirm the amount of shares you are looking to invest in Capevin Holdings Group and assist you with the setup and management of your stock portfolio account.

  • Here are the steps you must follow to Buy / Purchase Capevin Holdings Group shares with utmost confidence:

    1. Start by Filling in the BUY THIS SHARE form.
    2. Insert your name, email, telephone number and monthly remuneration.
    3. Then, Indicate the amount you are looking to invest in Capevin Holdings Group.
    4. Click the “ INVEST NOW” button
    5. Once we have received your info, a dedicated stock advisor will personally call you back to discuss your personal share request.
    6. Lastly, your newly appointed personal stock advisor will handle all account setups and reporting as stipulated by the financial services board of South Africa (FSB)
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