PICK N PAY (PIK) Shares
ABOUT PICK N PAY
Pick n Pay Stores Ltd. is one of the largest retail stores in South Africa. The company has approximately 1 700 stores, corporate and franchise. It employs more than 50 000 people and has over 9 million customers. The Pick n Pay portfolio includes Hypermarkets, Supermarkets, Liquor, Clothing, Express and Pharmacies. Boxer superstores and a 49 percent shareholding in TM Stores in Zimbabwe are non-Pick n Pay brand companies.
Pick n Pay operates its numerous businesses from South Africa, Zimbabwe, Botswana, Lesotho, Zambia, Namibia and Swaziland. Products can be bought online and delivered to the customers location. Food, liquor, non-edible groceries, clothing, pharmaceuticals, building supplies and hardware, health and beauty as well as general merchandise are just some of the products Pick n Pay offers.
Pick n Pay Holdings, Public Investment Corporation and Genesis Emerging Markets Investment Company are all major shareholders in Pick n Pay.
The company’s history dates back to 1967 when Raymond Ackerman purchases the first four Pick n Pay stores in Cape Town, South Africa. From there a series of acquisitions build the large and successful company that customers know today.
VISION & VALUES OF PICK N PAY
- Pick n Pay values its customers and it is accountable to serve them with the best customer experience possible. Low prices, good value and rewards for loyalty are offered to customers. Social media platforms, customer surveys and promotions play an important part in knowing what customers need to keep them happy. The communities from which the stores operate are of great value to Pick n Pay.
- The company is environmentally and socially responsible and it promotes healthy and sustainable living. Pick n Pay creates numerous jobs and contributes to poverty relief and community outreach programs. In order to provide well understood and value-added investments, Pick n Pay engages with its investment community and generates consistent profits.
MARKET PERFORMANCE OF PICK N PAY
- Pick n Pay Stores Ltd. trades on the Johannesburg Stock Exchange under the JSE stock symbol PIK. The company’s shares can be found under the Consumer Staples Sector in the Food & Drug Stores Sub Industry.
- Analysis data for the company’s annual financial statement for the period ending March 3, 2019, shows revenue of R90 465 million. Turnover is R 88 293 million and gross profit is R16 754 million.Cash generated from operating activities is R7.2 million. Cash and cash equivalents at the end of the reported period is R 63.7 million.
- The forecast for Pick n Pay shares are very positive. Share prices are increasing and this shows promise for positive returns.
Buy PICK N PAY stocks / shares – A Step by Step Guide how to Buy / Purchase PICK N PAY Stocks or Shares online.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy PICK N PAY Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN PICK N PAY STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE PICK N PAY STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of PICK N PAY stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy PICK N PAY stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?