Huge Group Limited. JSE: HUG

Huge Group shares

Background of Huge

  • Huge Group Limited is an investment holding company with investments in various subsidiaries and also a joint venture company with interests in telecommunications, technology, media and software. The company’s history started with a consolidation between corporate telecoms giants TelePassport and Centracell, before the merged entity made Huge Group shares available to buy on the AltX of the Johannesburg Stock Exchange (JSE) in 2007.

  • Trading operations are principally conducted through wholly-owned subsidiaries Huge Telecom and Huge Mobile, two of South Africa’s leading providers of voice, messaging and data connectivity services provided through wireless, GSM-based, fixed-cellular, last mile solutions. Clients who buy these products and services range from large corporates to small and medium enterprises. The 84% owned subsidiary Eyeballs is a technology provider which has developed a free software application which displays advertising and content images on a phone when calls are made or messages received. Revenue is generated from successful deployment of the server-end on the servers of the various customers, particularly mobile network operators.

  • Huge Software owns the group’s billing and rating software, while making equipment available to Huge Telecom on a rental basis. Ambient Mobile is responsible for providing the technology platform used in provision of messaging services by Huge Telecom and Huge Mobile. Today, Huge Group is a fast-growing distribution company with over 550 resellers.

Huge Shares Growth Driver

  • In late 2010, Huge Telecom made a strategic decision to transform from building an internal, direct-to-market sales force, into an external, indirect sales force by partnering with organisations that could promote and sell its products and services. This new business model has gained momentum with the rapid expansion of the reseller network, and sales capacity has increased by 500% through these external resellers.

  • Latest financial data, for the year ended 29 February 2016, reflects a strong performance. Total number of installed phone lines increased by 20%, total customers by 35%, revenue by 6% and operating profit by 44%. Net profit totalled R19.56 million compared to R11 million the previous year. Huge Telecom continues to be the group’s principal revenue and profit generator, with performance driven by the increased distribution made possible by new resellers responsible for sale of products.

  • Meanwhile, Eyeballs signed a global licensing agreement with Media24, and more transactions of this nature are anticipated in future. Parallel use of the Eyeballs technology by organisations with a global footprint will enhance Huge Group share price and overall investment value.

Huge Investor Tip

  • Huge Group operates at an impressive gross margin of 40%, and has proved to be a small but profitable company. Sales volumes continue to rise as a result of the highly successful distribution model, revenue is increasing and cash flows are expanding.

  • The live online JSE stocks chart shows that Huge Group share price has rocketed from 75 cents in 2011, to more than R5.50 in 2016. With the company still in its expansion phase, investors who buy into the company can look forward to more upside growth in Huge Group share price.

Huge Major Shareholders

SA Hedge Fund and Commandite Partnership, Pacific Breeze Trading, Peregrine Equities, Praesidium Family Trust, Eagle Creek Investments 223.

  • Sector

    Communications

  • Industry

    Telecom

  • Sub industry

    Telecom carriers

How to buy Huge Shares

  • Huge : How to buy Huge Shares Online

    We have made it simple to buy JSE listed firm shares online. The easiest way to buy Huge 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 Huge and assist you with the setup and management of your stock portfolio account.

  • Here are the steps you must follow to Buy / Purchase Huge 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 Huge.
    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.
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