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Pinnacle Holdings Ltd Company Snapshot
Pinnacle Holdings Limited is engaged in manufacturing, distributing and supporting of information and communication technology (ICT) hardware, software and infrastructure. The Company's segments include ICT Distribution, Services and Solutions, financial services and Group Central Services. The ICT segment imports, assembles ICT hardware and software and sells it into the sub-Saharan African markets through reseller channels, national retail chains, and on a limited scale direct to government and corporates. The Services and Solutions segment includes Datacentrix holdings Limited, Solareff (Pty) Ltd and Intdev Internet Technologies Pty Ltd. The financial segment, through Centrafin (Pty) Ltd, provides finance solutions to business entities in the small, medium and micro enterprise and commercial sector for office automation and technology based equipment. Its subsidiaries include Pinnacle Micro (Pty) Ltd and Axiz (Pty) Ltd.

Sales Analysis. During the year ended June of 2016, sales at Pinnacle Holdings Ltd were 10.97 billion South African Rands (US$802.06 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 (1/13/2017): 18.70
(Figures in South African Rands)
1 Week 0.3%   13 Weeks 6.7%  
4 Weeks 10.7%   52 Weeks 78.9%  
 
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: 3,201,927,378
  Fiscal Yr Ends: June Shares Outstanding: 171,226,063
  Share Type: Ordinary Closely Held Shares: 14,387,630
 
 
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