MCB Group  Ltd (MCBG) is the leading financial services group in Mauritius and a pan-African player. The group launched its Vision 2030 strategy in 2025, which sets out the goals and objectives for the next five years. MCBG has consistently delivered a high-teens return on equity (ROE), generating 16.4% in FY25. Consistent profitability, coupled with a sound capital base (a Tier-1 ratio of 19.6% at end-June 2025), allows MCBG to distribute an attractive dividend, currently yi

Westcon-Comstor  has acquired REAL Security, a specialist distributor of cybersecurity products active in eight countries across the Balkans. This represents the division’s first foray into the region, adding to the 17 European countries in which it already operates. Transaction details were not disclosed and  Edison Group  maintains their forecasts. Edison views this acquisition as creating a foothold for Westcon-Comstor in the region where it can use its scale to accelerate

As  Basilea Pharmaceutica  enters 2026 with elevated operational momentum ahead of its FY25 results,  Edison Group  revisit key developments from 2025 and outline their expectations for the year ahead. Given Cresemba’s continued momentum, Edsion expects global in-market sales to approach US$800m in FY26, driving an uplift in royalty and milestone income for Basilea. Further support should come from Zevtera as the year progresses, with US reimbursement in place and a positive

On 2 February,  LogicalisUS  , a subsidiary within the Logicalis International division, acquired  Maple Woods Enterprises  (Maple Woods). Maple Woods is a long-term partner of Logicalis USA, providing advanced cybersecurity and compliance services to support Logicalis’ managed security offering. Maple Woods has designed its services to meet the standards of the US defence industry and this acquisition brings Maple Woods’ expertise in-house. It also provides a platform for ex

Sylvania Platinum Limited ’s production in Q226 remained strong at 24,642oz for 4E platinum group metals (PGMs), slightly up on the previous record in Q126. PGM prices started rallying in December 2025, ahead of our expectations. Our new PGM forecasts are between 50% and 90% higher for FY26, driving earnings upgrades. We upgrade FY26 EPS by 52% to 35.2 US cents, FY27 EPS by 133% to 64.8 US cents and FY28 EPS by 143% to 69.0 US cents. Allowing for PGM prices to reverse from FY

THEON INTERNATIONAL  built strong momentum in 2025 with a significant expansion of the order book, including in new product areas, to €2.4bn and announced a number of significant strategic investments. These have further cemented Theon’s position as the leader in night vision systems in Europe along with improving longer-term visibility and hence quality of earnings available for investors. Edison Group   #Investment   #Aerospace   #Defence   05 January 2026 https://www.linke

Edinburgh Worldwide Investment Trust  (EWI) is once more under fire from activist US hedge fund Saba Capital Management. This is an urgent call to action for EWI shareholders to make their feelings known. Saba received a resounding rebuff when it tried to oust EWI’s board in February 2025, with 64.7% of EWI’s share base casting their vote and 63.8% voting against Saba (98.4% of votes ex Saba and their associates were against). The company is now trying, for a second time, to

LAMDA Development S.A.  has generated a strong operational and financial performance year-to-date, across all segments of the business, with momentum accelerating during Q325. EBITDA for the operational malls and marinas are at record levels and the Ellinikon project is on a strong growth trajectory, while construction progress is accelerating. 23 December 2025 Edison Group   #Financial   #Investment   #Research   https://www.linkedin.com/feed/update/urn:li:activity:741502858

JPMorgan European Discovery Trust (JEDT) is benefiting from improved performance under the management of Jon Ingram, Jack Featherby and Jules Bloch, who took over the reins at the beginning of March 2024. The managers are bullish on the prospects for European small-cap equities, which have lagged during a volatile time in the market, despite being one of the best-performing asset classes over the long term. Ingram, Featherby and Bloch employ a team-based approach to stock sel

ALG Newsletter - 2026 outlook for SA life assurers. After a strong 2025 with a total return of over 21%, the SA life assurance index remains attractively positioned for 2026. While the battle for the mass market heats up, we see upside potential from asset-based fees, j-curve earnings, growing shareholder distributions and enhanced disclosure. A low inflation environment may offer challenges. We see undervalued players with share buybacks like  Momentum  and  Old Mutual  as b