Close

Not a member yet? Register now and get started.

lock and key

Sign in to your account.

Account Login

Forgot your password?

Niveus Investments  // Browsing posts in Niveus Investments

30 Oct 2013 Niveus Investments

COMPANY COMMENT: NIVEUS

ONE of the issues diplomatically raised at the annual general meeting (AGM) of investment company Niveus on Monday was that its potent mix of fast-growing alternative gaming assets (limited payout machines and electronic bingo) could be diluted by laggard liquor company KWV. In the nine months to end-March, KWV swung R7.4m into the black on […]

Read more...

24 May 2013 Niveus Investments

VALUE OF NIVEUS SURGES ON RELEASE OF GOOD RESULTS

THE share price of Niveus Investments — a listing created last September by Hosken Consolidated Investments in unbundling its gambling and alcohol businesses — shot up 12.5% to R19 on Thursday, after it released results for the year to March. These showed that after-tax profit increased sevenfold to R289m. Revenue, bolstered by numerous acquisitions, doubled […]

Read more...

31 Jan 2013 Niveus Investments

INVESTORS RECOGNISE LIMITED PAYOUT MACHINES

GAMBLE PAYS OFF The strong performance by Niveus Holdings on the JSE since its separate listing from Hosken Consolidated Investments in September last year suggests investors are starting to recognise the potential of limited payout machine (LPM) gaming. Niveus holds Vukani, a major player in the LPM sector, as its largest investment. The other major […]

Read more...

NIVEUS NOW WITH MORE OF KWV

Niveus mops up additional shares. Niveus Investments has started using its highly regarded scrip to mop up additional shares in unlisted liquor group KWV Holdings. Niveus was recently unbundled from empowerment giant Hosken Consolidated Investments (HCI). It disclosed the acquisition of 8m KWV shares from Withmore Investments in December last year. The share purchase, which […]

Read more...

19 Nov 2012 Niveus Investments

LARGE CASH BALANCE ‘WILL HELP NIVEUS GROW PORTFOLIO’

NIVEUS Investments, which was listed in September after Hosken Consolidated Investments (HCI) restructured some of its investments, ended the six months to September with a healthy cash balance of R138.5m, its results showed on Monday. The stronger cash balance puts the newly listed company in a better position to expand its diversified portfolio. At the […]

Read more...

BASE COST OF NIVEUS INVESTMENTS SHARES AND DIVIDENDS TAX INFORMATION

Shareholders of both HCI and Niveus Investments are referred to the previous SENS announcements, the latest of which was released on 17 September 2012, in connection with the listing of Niveus Investments and the Pro-rata Repurchase and Distribution. Words and expressions in this announcement shall bear the same meaning as words and expressions defined in […]

Read more...

LISTING OF NIVEUS INVESTMENTS ON THE JSE

HCI shareholders are referred to the announcement dated 30 July 2012 and the abridged pre-listing statement dated 31 August 2012, in connection with the listing of Niveus Investments and the pro-rata offer, by HCI, to holders of ordinary shares in HCI to receive their pro-rata portion of 45% of the shares in Niveus Investments by […]

Read more...

1 Jun 2010 Niveus Investments

VUKANI AWARDED LPM ROUTE LICENCE IN NORTH WEST

Vukani Gaming Corporation, a wholly owned subsidiary of Hosken Consolidated Investments has announced (hat its associate company. Vukani Gaming North West (Pty) Ltd has been awarded a route operator licence to operate Limited Payout Machines (LPMs) in the North West province. The outgoing CEO of Vukani Gaming Corporation. Elias Mphande predicts that the award of […]

Read more...

1 Aug 2004 Niveus Investments

VUKANI GETS E/CAPE ROUTE LICENCE

VUKANI GETS E/CAPE ROUTE LICENCE The Eastern Cape Gambling and Betting Board has awarded a route operate licence to Vukani Gaming Eastern Cape (Pty) Limited. The Board’s decision is subject to certain conditions. The main financial interest in Vukani Gaming Eastern Cape is held by Vukani Gaming (Pty) Ltd, the ultimate shareholder of whom is […]

Read more...

23 Jul 2004 Niveus Investments

COMMUNITY ALREADY WINNING WITH VUKANI GAMING WESTERN CAPE

Vukani Gaming Western Cape (Pty) Ltd recently handed over the first instalment of a R1 million rand contribution to the Edu-peg community social development project, kicking off the first of an extended community development programme. The investment is part of a five-year commitment to Edu-peg, providing much needed resources to schools in five Western Cape […]

Read more...