INDEPENDENT EQUITY RESEARCH · ERMELO, MPUMALANGA

Research the market.
Trade it with discipline.

Leago Rifumo Capital is a research company. We analyse companies on the JSE and in the US with one disciplined process — and we teach it, test it and trade it live.

EQUITY RESEARCHNY STOCKSJSEFOREXCOMMODITIES
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Who we are

A research house from Ermelo, Mpumalanga

Leago Rifumo Capital is an independent research company. We cover companies on the JSE and in New York, publish daily and weekly analysis, and run every idea through the same written process — then we show the work live.

CoverageJSE & US equities, forex, commodities
Process5-step analysis, 50-point checklist, 3 valuation methods
UpdatesNews wire every 15 min · AI brief hourly · watchlist daily
AnalystPrayer Nkuna
Based inErmelo, Mpumalanga, South Africa
How a rating is made

Evidence first. Opinion second.

Every company goes through the same five steps. If the numbers don't tie or the story contradicts the filings, we say so.

1

Understand the business

What it sells, who pays, why customers stay and what could break it.

2

Check the numbers

Four years of financials: growth, margins, cash flow, debt and returns.

3

Value it three ways

Forward P/E, discounted cash flow and EV/EBITDA against listed peers.

4

Score & rate

A 50-point checklist plus the valuation upside decide BUY, HOLD or SELL.

5

Time & manage risk

Technical review, review levels and position sizing before any trade.

Check a rating yourself →Tour the Work-sheet
Markets today

Live market overview

MARKET OVERVIEW Live data by TradingView · some prices delayed
The Leago Rifumo Show

Research by day. Live trading on air.

Live execution on New York stocks, forex and commodities, with the chart, the plan, the stop and the target on screen.

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LIVELeago Rifumo Capital▶ WATCH ON YOUTUBE
DISCLAIMERAll content from Leago Rifumo Capital — including research, tools, market briefs and the Leago Rifumo Show — is for educational and entertainment purposes only and is general information, not financial advice. Trading and investing involve risk, including the loss of capital. Full disclaimer →