A small Johannesburg industrial group that turns scrap metal into alloys for steel and aluminium makers. It has been losing money for two years, and its shares trade far below the value of its assets. Full nameInsimbi Industrial Holdings Limited Tickers / exchangeISB / Johannesburg Stock Exchange (JSE) HeadquartersGermiston, South Africa SectorIndustrials — metal fabrication and recycling Employees394 Market valueR256.6 million (US$256.6 million) Yearly salesR5.27 billion (US$5.27 billion) Net profit−R21.8 million (US$−21.8 million) Net margin−0.4% Return on equity−3.9% Price-to-earningsNot meaningful (loss-making) Dividend yieldNone Websiteinsimbi-group.co.za What it is Insimbi is a …
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