One of the most under the radar stocks on the #JSE $JSEDNB Deneb is the sprawling industrial holding company majority owned by $JSEHCI Hosken Consolidated Investments deneb.co.za/operations/ #DNB is a sprawling spiders web of industrial interests from plastics, specialised webbings, toys, stationary, chemicals to name just a few Highly illiquid and it barely ever has presentations just the usual annual AGM for feedback and there is very little comment on the counter. I've written a few pieces over the years for @FinancialMail Today, in a trading update they guide that HEPS for the year ended March 2026 will see HEPS increase between 47% to 67% to a range of 36.8 cents per share to 41.6 cents per share This is a big jump of the 24.98 cents reported in FY2025 and 22.54 cents in FY2024 On a mid-PE #DNB is on a 6.4x rating. The last NAV was 435 cents per share

The industrial holding stock $JSEDNB Deneb that is majority owned by $JSEHCI Hosken Consolidated Investments (84.8%) has just sold its Observatory, Cape Town head office (its nothing to look at but at the ground level there is a Spar and other retail components & the building also houses non-Deneb offices) .... sold for R120 million or 11.1% of current #DNB Mcap R1,084 million #DNB has a NAV of 440 cents per share as of last reporting and is on a discount of -45.2% Inside #DNB are a spiders web of businesses from toys, textiles, stationary, automotive parts, webbing, specialsied textiles alongside a slew of other industrial operating assets A classic sale & break-up if #HCI ever decided to rationalise and do a "for sale" The stock is illiquid, barely trades but does pay an ok dividend

$JSEDNB Deneb the industrial & manufacturing subsidiary of $JSEHCI Hosken Consolidated Investments, where #HCI owns 84.8% of #DNB, flies so far under the investor radar you'd swear it was a stealth aircraft The stock barely trades, is barely owned by anyone but has an interesting bag of assets across a myriad of industries - you could say "spiders web" Unlike other majority owned #HCI stocks such as eMedia or Frontier Transport who pay fat dividends ... #DNB has a yield of 4.9% which takes much lustre away from its lethargic / comatose share price I provide the 2025 annual report link as #DNB are into everything from stationary, toys, plastics, automotive parts, photo copiers, toys, specialsied webbings & textiles (to name a few) deneb.co.za/wp-content/docum… #DNB has not had the best recent reporting period, too many moving parts. If something goes wrong in the empire, it offsets the good in others. Though #DNB has a hard NAV of 435 cents per share backed by a large property portfolio which it has been - tried to sell - to unlock value Today, #DNB announced the R80 million acquisition of an 80% stake in a leading privately-owned filtration company 'Dawning Filters' in a cash deal Dawning has a NAV of R52,3 million and reported a profit of 15,7 million so the deal PE is just over 6x versus #DNB PE rating of 9.2x (so) it looks like a sweet deal My first thought on reading the #DNB @JSE_SENS was "why wasn't this a deal that the likes of a Hudaco or Invicta have been looking at / buying"?

New 52-week high from $JSEDNB Deneb which is the small-cap industrials arm of $JSEHCI Hosken Consolidated Investments #DNB like $JSEFTH Frontier Transport are the silent horses within #HCI rarely put their heads above the parapet just chug along I wrote a company review on #DNB in the August issue of @FinancialMail Investors Monthly at 235 cents as no analyst aside from me actually looks at or covers the stock

The August edition of @FinancialMail Investors Monthly hits the online & news stands this week Always full of company ideas & commentary from the team at FM IM. Get your copy and see what the August ideas are My @smalltalkdaily contribution this month are; Anthony Clark Column $JSEAFT Afrimat $JSEDNB Deneb $JSEMST Mustek special feature $JSESHC Shaftesbury Capital

$JSEHCI Hosken Consolidated Investments majority shareholder in small-cap industrial company $JSEDNB Deneb announced a sale of a property in Epping in Cape Town for R64.35 million #DNB with a current market cap of R903m releases 7% of its Mcap via the property sale

Small cap industrial manufacturing company $JSEDNB Deneb (majority owned by $JSEHCI) slumps 24% in morning trade on thin volumes to 167c You could drive a supertanker though the bid / offer spread - 175c / 278c #DNB a really interesting small cap with some innovative assets.

New 52-week high in thinly traded small-cap industrial counter $JSEDNB Deneb (#HCI owns 86%) Glad I highlighted this little stock in a recent article in @FinancialMail Investors Monthly September issue at 220 cents I'm happy with 23% gain since. Target 300 cents

Early breakfast with CEO of a new stock I’ve started to cover $JSEDNB Deneb Starting to kick the tyres 🛞

A small cap company overlooked by many as its majority owned by $JSEHCI is $JSEDNB Debeb Its a myriad of interesting businesses led by entrepreneurial mag't & though small has some interesting divisions Illiquid & not for widows & orphans but one that caught my eye as worthy