If you invested in R10 000 in Curro Holdings in 2009, how much money would you have now?

 If you invested in R10 000 in Curro Holdings in 2009, how much money would you have now?

If you invested in R10 000 in Curro Holdings in 2009, how much money would you have now?

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Overview

Established in 1998, Curro Holdings, Limited (Curro) is a leading for-profit independent school provider in South Africa, actively involved in the development, acquisition, and management of independent schools for learners that range from the age of three months to Grade 12.

There are five different school models including Curro Castles, or nursery schools, Curro, Curro Academy, Meridian, and Select Schools. The Curro segment provides independent education as well as ancillary services, with Curro schools including Durbanville, Langebaan, Hazeldean, Hermanus, and many others.

The ancillary services that Curro provides consist of boarding facilities, aftercare centres, cafeterias, school transport, and activity centres. There are more than 42,000 learners in over 110 schools across both South Africa and Namibia, with more than 5,600 employees spread across operations.

Curro has many notable and reputable shareholders including Allan Gray, Kagiso Asset Management, Sanlam Investment Management, The Vanguard Group, and many more.

If you invested in R10 000 in Curro Holdings in 2009, how much money would you have now?

Curro Holdings Limited was listed on the Johannesburg Stock Exchange (JSE) shortly after its establishment in 1998 under the stock symbol COH. While the information on its Initial Public Offering (IPO) is not available from reliable sources, price charts date back to 2009 and indicate that the price for COH shares was R0.79.

If you invested R10,000 in COH shares in 2009, you could have purchased 12,658 shares. The current price on COH shares is R12.00, which means that your R10,000 investment would have grown to R151,896.

This provides you with an overall increase of R141,896 or 1,418% over the past 12 years. The current market capitalisation for Curro is 717 billion ZAR, and COH is experiencing a bullish period, with slow and steady appreciation forecasted for the next quarter.

Liezel Thorne

Liezel is a content writer with a passion for writing about the financial industry and corresponding markets. Her favorite topics include Forex, Stocks and Indices, Cryptocurrencies, and anything relating to trading technology – news, newest and latest tips, tricks, and trends. She has done extensive reviews on brokers, trading platforms (web, desktop, and mobile), and various other concepts involved with trading. As a student of Environmental management, she has a keen interest in geography, environmentalism as well as conservation of both fauna and flora.

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