Pinnacle the best share of the century

ANCHOR CAPITAL – From the Desk Anchor Capital – 20 February 2012 Pinnacle the best share of the century Pinnacle Technology, a long-time favourite of ours, is the best performing SA share of the century so far, with a return of over 7000%. R15,000 invested on the first day back at work in January 2000 […]

Infrasol Breaks Ground in Services throughout the country

Infrasol Breaks Ground in Services throughout the country Since inception Infrasol has strived to break any barrier to service in the country without draining the resources from local communities. We chose to adopt a system of empowering small companies to provide services to their communities whilst leveraging of a world class back office system that […]

Pinnacle Technology Holding (PNC) release their FY 12 results

Pinnacle Technology Holding (PNC) released its FY 12 results late yesterday and held a results presentation at their AxizWorkGroup Midrand offices on Friday last week. In a nutshell, the Group grew revenues 17.8% to R5.8bn (FY 11: R4.9bn) and, more importantly, achieved an improved GP margin of 15.5% (FY 11: 15.0%). Operating expenses grew from an […]

Huge Growth for Pinnacle – Acquires 51% of Merqu

Pinnacle Technology Holdings increased it revenue for the year ended 30 June by 18% to R5,8-billion, increasing EBIDTA by 30% to R419-million and HEPS by 49% to 175.1 cents. The gross profit margin increased from 15% to 15,5%, attributable to improvements in margins in hardware distribution and the increase in mix of higher margin value-add […]

Devtrade now part of Pinnacle Holdings family

Africa’s Information and Communication giant, Pinnacle Holdings, has expanded its already broad reach by recently acquiring Devtrade to increase its foot-hold in the Security and Life Safety market. Devtrade is a specialised Supplier, Design and Marketing Support centre for a range of products (CCTV, Public Address, Fire Detection and Gas Suppression) used within the Fire, […]

PINNACLE HOLDINGS ACQUIRES 90% OF JAG ENGINEERING SA

Johannesburg, South Africa – 10 December 2012 – Southern Africa’s Information and Communication distribution giant, Pinnacle Holdings has acquired 90% of JAG Engineering SA. JAG Engineering is a local manufacturer that specialises in designing and manufacturing server racking, wall boxes and IP Enclosures.  JAG Engineering will form part of Pinnacle Africa’s Datanet division, reporting to […]

Pinnacle Interim Results Ended 31 December 2013

View the Pinnacle Interim Results Ended 31 December 2013

News Release – FSB Insider Trading Case Closed, Arnold Fourie Reacts

18 September 2014 FSB Insider Trading Case Closed, Arnold Fourie Reacts Pinnacle Holdings welcomes the decision by the Financial Services Board (FSB) to close the investigation into possible insider trading which was launched against the company and certain of its directors. Company CEO, Arnold Fourie, however reiterates that there was never any doubt that this […]

Closure of FSB Investigation

Pinnacle Holdings Limited (Previously Pinnacle Technology Holdings Limited) Registration number 1986/000334/06 Share Code: PNC ISIN: ZAE000184149 (“the Company”) CLOSURE OF INVESTIGATION The Company refers to its SENS announcement of 30 April 2014 stating that the Financial Services Board (“FSB”) has registered an investigation in terms of section 84 of the Financial Markets Act, Act 19 […]

Official withdrawal of charges

Pinnacle Holdings Limited (Previously Pinnacle Technology Holdings Limited) Registration number 1986/000334/06 Share Code: PNC ISIN: ZAE000184149 (“the Company” or “Pinnacle”) WITHDRAWAL OF CHARGES OF ALLEGED ATTEMPTED BRIBERY AGAINST AN EXECUTIVE DIRECTOR Shareholders are referred to the previous SENS announcements dated 25 and 26 March 2014, as well as 24 April 2014, 2 July 2014 and 25 August 2014, regarding the charges […]