Johann Rupert's Remgro increases payout by 60% | Business

Remgro's intrinsic net asset value had increased 5% since June 2022 to R223.86 at the end of December 2022. However, the share price of R133.03 as at the end of December was still at 40.6% discount to the intrinsic net asset value.

Although the continuing"unbundling story" would unlock value for its shareholders, it also raised the question of how long Remgro would stay listed on the JSE, said Masilela. Remgro said the second half of the 2022 calendar year"continued to be marked globally as a period of macroeconomic and geopolitical instability, largely resulting from the Russia-Ukraine war, the ensuing geopolitical tensions, escalating commodity prices coupled with inflationary pressures from supply chain disruptions".

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Feathers fly as Rainbow chicken owner RCL and activist shareholder clash over dud BEE deal | BusinessJSE-listed food producer RCL, which is majority owned by Johann Rupert's Remgro, has accused activist shareholder Albie Cilliers of profiteering off a regulatory remedy meant to protect minority investors. | News24_Business _Business Flip I wanted to form partnership with RCL in terms of storage of their chickens in my farm🤦 The way I hate Johan Rupet I'm not going there anymore🚮
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