Regarding… The Abominable No-Man
Dear Fellow Investors and Friends If you’re new here, welcome! And welcome to everyone else, of course. I really appreciate you taking the [...]
Regarding… Don’t be a Turkey
Dear Fellow Investors and Friends If you’re new here, welcome! And welcome to everyone else, of course. I do appreciate you taking the [...]
Regarding… Listen to the Music
Dear Fellow Investors and Friends If you’re new here, welcome! And welcome to everyone else, of course. I do appreciate you taking the [...]
Beagle Shareholders’ Letter – September 2023
At the end of September 2023, the NAV per share of Beagle was R4 136 – a decrease of 4.5% from the end of [...]
Regarding… Regime Change
Dear Fellow Investors and Friends Welcome to all the new subscribers! And to everyone else, of course. I really do appreciate you taking [...]
Regarding… Día de los Muertos
Dear Fellow Investors and Friends If you’re new here, welcome. Today is Thursday, the 2nd of November, 2023. It is the 306th day [...]
Regarding… Salads and scrums
Dear Fellow Investors and Friends If you’re new here, thanks for signing up! Today is Thursday, the 26th of October, 2023. It is [...]
Regarding… Bear baiting
Dear Fellow Investors and Friends If you’re new here, thanks for signing up! Today is Thursday, the 19th of October 2023. It is [...]
Regarding… The infinite game
Dear Fellow Investors and Friends If you’re new here, thanks for signing up! Today is Thursday, the 12th of October 2023. It is [...]
Regarding… Luxury, for less?
Dear Fellow Investors and Friends Today is Thursday, the 5th of October. It is the 278th day of the year; 87 days remain [...]
Regarding… Old dogs, new tricks?
Dear Fellow Investors and Friends Today is Thursday, the 28th of September. It is the 271st day of the year; 94 days remain [...]
Regarding… Path of Least Interest
Dear Fellow Investors and Friends Today is Thursday, the 21st of September. It is the 264th day of the year; 101 days remain until [...]
Regarding… Concentration Works, Sometimes
Dear Fellow Investors and Friends Today is Thursday, the 14th of September. It is the 257th day of the year; 108 days remain until [...]
Regarding… Don’t Roll in the Loadshedded Mud
Dear Fellow Investors and Friends Today is Thursday, the 7th of September. It is the 250th day of the year; 115 days remain until [...]
Regarding… The First Time is Always the Sweetest
Dear Fellow Investors and Friends Today is Thursday the 31st of August. It is the last day of the month and this is our [...]
Beagle Shareholders’ Letter – March 2023
Dear shareholders, family and friends It’s my pleasure to share Beagle’s results for the year ended March 2023 with you. I have taken the [...]
Beagle Shareholders’ Letter – September 2022
At the end of September 2022, the NAV per share of Beagle was R3 724 - an increase of 5% from the end of March and [...]
Beagle Shareholders’ Letter – March 2022
Beagle’s annual results for the year ended March 2022 have been finalised, and it’s my pleasure to once again share them with you. The [...]
Beagle Shareholders’ Letter – September 2021
At the end of September 2021, the NAV per share of Beagle came to R2 777,84 - an increase of 13,7% from the end of [...]
Beagle Shareholders’ Letter – March 2021
Beagle’s annual results for the year ended March 2021 have been finalised and signed, so it’s time to once again share it with you. [...]
Beagle Shareholders’ Letter – September 2020
At the end of September, the NAV per share of Beagle came to R2 077,17, an increase of 17,9% from R1 760,53 at the [...]
Beagle Shareholders’ Letter – March 2020
Beagle’s annual results for the year ended March 2020 have been finalised, so it’s time to once again share it with you. We normally [...]
Beagle Shareholders’ Letter – September 2019
Beagle is an investment company with a concentrated, illiquid portfolio. Our short term returns have been hurt by mark to market movements - but [...]
Beagle Shareholders’ Letter – March 2019
I know you have been checking your mail every day, to see when the results for the year ending March 2019 would be released. [...]
Beagle Shareholders’ Letter – September 2018
I am pleased to report that the NAV per share of Beagle has increased by 11.4% from R1 605 at the end of March [...]
Beagle Shareholders’ Letter – March 2018
I am pleased to report that the NAV per share of Beagle has increased by 14.2% from R1 406 per share at the end [...]
Beagle Shareholders’ Letter – September 2017
I am pleased to report that the NAV per share of Beagle has increased by 11.8% from R1 406 at the end of March [...]
Beagle Shareholders’ Letter – March 2017
Beagle is an investment entity which has been set up specifically to act as an empowered investor, as its main shareholder is the RECM [...]