Released on: August 20, 2008, 5:02 am

Press Release Author: Michael Brown

Industry: Financial

Press Release Summary: Hidden Value in South Africa amidst World Cup preparations -
and not in the bellweather mining sector, according to reports from Portway Capital.


Press Release Body: Recent comments from an executive of France-based Wealth
Management firm Portway Capital have seemingly distanced the group from further
investment in the outperforming mining sector gems from the South Africa Region,
whilst further suggesting that the group believe there is significant unrealized
value in a number of Manufacturing stocks from the region, due to the unique
logistical opportunity offered by the 2010 FIFA World Cup.

Danny Redman, a regional portfolio manager at Portway Capital, was quoted at an
industry meeting in Basle, Switzerland, as saying "The real gems are in the
Factories - with the labor those guys have at their disposal and the uniquely
affordable logistics of regional consumer gatherings."

Furthermore, Redman, went on to claim that though his comments in no way conveyed
the policies or sentiments of Portway Capital, he had seen recent data from global
events such as the Olympics and Soccer World Cups suggesting much larger revenues
that those projected by a number of listed regional outfits who stand to profit
handsomely from such items as merchandise, food and drink sales and hotel &
transport stocks.

This is highly suggestive of an imminent or even ongoing move by the team
into the aforementioned sectors, though the original source of the comments did not
apparently mention any more specific insights, and perhaps expectedly at this stage,
Portway Capital have declined any knowledge of the source of the comments, which
they rebuffed as 'creative journalism'.


Web Site: http://www.portwaycapital.com

Contact Details: MIchael Brown
news@pr-newsnow.info