I really don't think Grande Parade is a company that I would invest in again. I used to invest in them in the early days circa 2005/6 but they do seem to be a bit directionless.
There primary investments have always been in the gaming industry now into Burger King and Mac brothers (sole providers of the Burger King foodstuffs), they also have a 10% holding in Spur as an empowerment deal.
However if you look at their fact sheet they are very sparse with information as to what their real business is so you end up not really knowing what you are buying into
In my early days these shares were trading (over an extended period) anything between 30 cents and about R 1.30 - I haven't looked at their financials but it would appear that their results were/are pretty pedestrian and its not a company which I believe will ever shoot the lights out
Without being derogatory the person who seems most comfortable with the company is Hassan Adams - he seems to have done well out of all the deals
