Welcome to Mafiabuzz
Our mission is to provide information, education and guidance to our investors who have accepted the challenge of creating wealth by forming and managing a portfolio of JSE listed equity of shares.
Our website contains the following information:
1. A Newsflash which is a weekly summary of the market statistics and company announcements
2. Details of DIY Portfolio Management workshop dates and fees
3. A secure section which allows our members to gain access to Our DIY Portfolio Management Programme
The DIY Portfolio Management Programme
There are five parts to this program:
1. Knowledge, which contains our manual, research notes and processes
2. Database, which contains portfolio management calculators, models and market and company information
3. Sundries, which contains buzzes, directors dealings, market and hedgehog feedbacks, the latest Newsflash, questions and answers and other sundry information
4. Portfolios, which contain over 150 real live portfolios totaling over R550m
5. Workshops, which explain the programme and provide a forum for discussion
The DIY Portfolio Management Programme focuses on four areas:
1. The JSE equities market
2. The shares listed on the JSE
3. The construction and selection of portfolios of JSE equity shares
4. The management of JSE equity portfolios
Background to Jade Spear - managing member
Jadely, Colette's daughter and, by default, Charles' favourite and only granddaughter. After matriculating she ran a Tax department at a small auditing firm and wrote up the books at a legal firm. In 2014 she received her B.Com Marketing Management Degree from Unisa and in 2015 she received her honours in Financial Planning through the University of the Free State. This is her 15th year working under Charles Hattingh's mentorship at P C Finance Research.
Background to Charles Hattingh - responsible for technical content of programme
After serving five years of articles with a small auditing firm and attending Wits in the evenings and on Saturday mornings, Charles Hattingh (CPH) failed the qualifying examination in 1962. He then formed a small study group and rewrote in 1963, achieving honours (first in RSA).
He received his results while working for 20th Century Fox as company secretary in Nairobi, Kenya. On returning to South Africa, he joined the Industrial Development Corporation as an investigating accountant. He was fortunate to work under two incredible people, Mr. John Mitchell and Mr. Derek Keys, spending three years at the IDC performing due diligence investigations for loan and equity investments. He sat on three boards of directors as a representative of IDC.
After his stint with the IDC he joined Anglo American’s merchant bank, Union Acceptances Limited (UAL). His job was to investigate and value companies for listings and takeover purposes. The level of activity at UAL was much lower than that at the IDC so, in his spare time, he formed a group of fourteen candidates who had previously failed the CA qualifying examination. Using his own experience of having failed and then achieving honours, he trained these candidates for five months in the art and practice of writing examinations. 12 of the 14 passed. The two who failed never managed to pass at subsequent attempts. Encouraged by these results, he left UAL to focus full time on preparing candidates for the Q.E.
During this stage of his career he:
In 1999 he ceased his Q.E. activities and in 2011 ceased presenting workshops on IFRS. In 2015 he gave up his valuation activities. He now focuses all of his efforts on researching portfolio management.
Background to Christiaan Lamprecht - presenter of facilitated workshops
In 2017 Charles decided to cut back on presenting the Portfolio Management workshop country-wide and rather focus on presenting more workshops in Gauteng. He re-wrote the material in a format suitable for distance learning and asked Christiaan Lamprecht to facilitate the workshop on his behalf in the Western Cape. The first of these facilitated workshops was held in December 2017 in Stellenbosch.
Christiaan qualified as a Chartered Accountant in 1996 after completing his traineeship with PwC. He then worked as a financial manager for the South-African subsidiary of a London based manufacturing company before joining Stellenbosch University as a lecturer in financial accounting in 1999. He passed the final level of the Chartered Institute of Management Accountants (CIMA) exams in 2000 and completed a Masters in Accounting (Computer Auditing) in 2003. Christiaan received a Rector’s award for Distinguished Teaching in 2010 and obtained the degree Doctor of Accounting in financial accounting in 2016. He currently lectures financial accounting to post-graduate chartered accounting students.
Over the years Christiaan attended many of Charles’s IFRS, Valuations and Portfolio Management courses. During the past five years he successfully managed his own and close family members’ equity portfolios and is well versed with Charles’s investment philosophy.
Apart from being a member of SAICA and CIMA he is also a member of the South African Turnaround Management Association. Christiaan also serves as non-executive director on two of the companies in the Innovus group of companies. Innovus is the Stellenbosch University’s industry interaction and innovation company.
Colette, Charles's daughter, has been with the company for over 20 years and she designed and administers our website. She has also completed her Honours in Psychology and is a qualified teacher.
We would like to acknowledge the following for going the extra mile by contributing to the DIY Portfolio Management Programme: