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Pinnacle Holdings Ltd Company Snapshot
Pinnacle Holdings Limited is a provider of information and communication technology (ICT) products and services. The Company, through its subsidiaries, offers hardware and software products, implementation solutions, as well as structured finance solutions. The Company's segments include ICT Distribution, IT Projects and Services, Financial Services and Group Central Services. The Company's Centrafin (Proprietary) Limited is involved in the supply of financing in various forms to customers in relation to the purchase of ICT equipment. The Company's Pinnacle Micro (Pty) Ltd manufactures products, such as the Proline range of servers, personal computers (PCs) and notebooks. Its Pinnacle Business Solutions offers a full line-up of office automation, hardware and software products, implementation solutions, as well as structured finance solutions. Its Modrac (Pty) Ltd manufactures computer server racks and enclosures in Africa. Its Axiz (Pty) Ltd is an IT infrastructure distributor.

Sales Analysis. During the year ended June of 2016, sales at Pinnacle Holdings Ltd were 10.97 billion South African Rands (US$792.85 million). This is an increase of 37.3% versus 2015, when the company's sales were 7.99 billion South African Rands. This was the fifth consecutive year of sales increases at Pinnacle Holdings Ltd (and since 2011, sales have increased a total of 121%). Sales of It Projects and Services saw an increase that was more than double the company's growth rate: sales were up 771.7% in 2016, from 184.49 million South African Rands to 1.61 billion South African Rands.
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Pinnacle Holdings Ltd
  Stock Performance Chart for Pinnacle Holdings Ltd
  Stock Data: Recent Stock Performance:
  Current Price (10/21/2016): 17.30
(Figures in South African Rands)
1 Week 2.4%   13 Weeks -6.0%  
4 Weeks 6.9%   52 Weeks 39.1%  
Pinnacle Holdings Ltd Key Data:
  Ticker: PNC Country: South Africa
  Exchanges: JNB Major Industry: Computers & Peripherals
    Sub Industry: Computer Storage Devices
  2016 Sales 10,969,132,000
(Year Ending Jan 2017).
Employees: 1,708
  Currency: South African Rands Market Cap: 2,962,210,890
  Fiscal Yr Ends: June Shares Outstanding: 171,226,063
  Share Type: Ordinary Closely Held Shares: 14,387,630
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