An investment in stainless steel tank containers provides you with a unique, legal and unlimited financial instrument to convert your Rands to foreign currency, which can be retained in the offshore account of your choice. This process does not require special authorisation of the South African Rserve Bank nor clearance from the South African Revenue Services.

This is still the only legal and effective mechanism to externalise any amount of your wealth (for instance, assets swaps provide this in terms of income, but the capital eventually has to be reconverted back to Rand).

Of importance, this investment is not related to nor tied to your R4 million foreign investment allowance. Your potential is unlimited.

Investment in tank containers was approved as an offshore investment in the 1980's by the South Africa Authorities (SA Reserve Bank, Dept of Trade and Industry, and SA Revenue Services) as it achieved various essential national objectives:

1.	Ability for South African residents to earn foreign currency income legally through a unique Rand-hedge offshore investment, the Reserve Bank maintaining control of the asset, by approved management companies managing the investment in toto in accordance with the-then strict Exchange Control regulations.
2.	Promotion of an ideal export product, a sought-after high-specification finished product, being the ultimate in value-added processing of South Africa's raw materials (stainless steel, carbon steel, aluminium, paint, etc) with an international market.
3.	Achievement of specific enhancements to the South African economy, through much needed expansion of heavy metal industry, increased employment of skilled labour, and non-trade related foreign currency inflows of tank rentals over a period of years.

In July 1993, the Exchange Control Department of the South African Reserve Bank granted PTS approval to set up a tank container investment management operation, and we have since managed nearly 800 tank containers for 160 South African investors.

Unlike other investment managers, we have always offered a unique niche-market investment, one in which traditional variables and unknowns have been removed, where at all possible. Thus a lease with a specific lessee for specific tanks is signed, providing for:

• a known fixed period of lease (the period of investment).



• a known daily Dollar income during this period, irrespective of utilisation by lessee.



• all known operating costs to be borne by the lessee.

In practice, under this arrangement...

...PTS identifies tank container operators, located overseas, having a specific need of newbuild tanks,

...determine the operators' tank specification and delivery timing,

...establish production capability, capacity and best pricing with local tank container manufacturer Welfit Oddy,

...negotiate lease terms with the tank operator for a specific quantity of tanks for a known period and daily rental (365 days p.a.), with all operating costs, maintenance and repairs being for the tank operators' account.

Based on these lease terms, this investment product is then offered to South African investor clients like yourself.

Thus, you would purchase the tank containers through Premier Tank Solutions (PTS), and then enter into a Management Agreement with us to manage your investment in toto - in accordance with the requirements of our Exchange Control Approval - specifically, to manage the lease of the tank containers offshore, to collect rental income and distribute it to you on a quarterly basis, to provide quarterly and annual reports to you and to ensure strict compliance with regulatory requirements in terms of the Exchange Control authority given to PTS.

Two important developments since the launch of PTS's business have taken place, which have permitted this long-term Rand-hedge investment to be transformed into a unique financial instrument, enabling you to externalise unlimited, unrestricted Rands - legally, efficiently, and securely:

• Until July 1997, all foreign-earned income of South African residents had to be repatriated and converted from Dollars to Rand. Rental income earned by a tank container investment was subject to this restriction. However, exchange controls for these individuals were relaxed in July 1997 to allow direct foreign investment up to R250 000 (now R4 million). Concurrently, another important relaxation also took place - all income earned abroad could now be retained in foreign currency.
  
  This meant that tank container income could now be received and retained in foreign currency offshore!



• Secondly, in April 2000, PTS obtained approval from the Reserve Bank to structure an investment based on a lease purchase, whereby the ultimate user/lessee of the tank containers could acquire ownership at the end of the lease purchase period for a stated fixed sale price.
  
  This now provided our investors with an extra special opportunity - all rental income could be retained offshore in foreign currency, and only the final sale price being repatriated into Rand. In brief then, you could now invest Rands, and earn a Dollar income stream that handsomely equates to your initial investment, plus a fair return in Dollar terms, with all rentals now being legally retained offshore!

So, to summarise then, you have the ideal opportunity through this unique financial instrument to benefit from the following: an ideal tool to externalise your Rand wealth - legally, efficiently, and securely. And more than that, an open-ended one - not limited in any way by your R4 million offshore investment allowance the underlying security through ownership of a hard asset with an international value (not a piece of paper!) - until you have received the full amount of your Dollar rental income stream. the financial terms of the lease purchase known at inception, set out in a signed legal agreement (approved by the Reserve Bank), securing a known dollar income for a specified period - no hidden costs. And then, we also have been able to achieve the following with our latest tank investment packages: an extremely secure Dollar income stream for the period of the lease. a competitive externalisation rate of your Rand to Dollars that is based on the Rand at current levels - where it is grossly overvalued rate (as we set out below)!

You too, no doubt, have been asking questions about the Rand's level at present and whether it is time now to hedge your hard-earned Rand wealth or not.

We have followed the Rand closely over the past couple of decades - from the R3.30s in 1994 ... up to R13.85 in 2001 ... down to R5.60 in 2005 ... and back up to 11.85 in 2008 ... and then back down below 7.00 before rising back above 8.00, and we often had the same questions, understandably.

So, back in 2003/2004, we initiated an in-depth study to determine the true value of the Rand - and as set out in our resultant and now updated report, entitled Rand Exposé - the Fundamental Truth, it is clear that the Rand's current strength is unsustainable, just as its excursion above R10.00 (on its way to R13.50 for a few short hours) was unsustainable in 2001/2002.

The most recent quarterly update of this study (December 2011) reveals that the Rand's true competitive level is R8.15 - R8.50 to the Dollar, at present, and that recognising international trade competitive fundamentals, it is likely to continue to weaken in the medium term.

However, more pertinent is that since 2005, we have been using the most advanced technology available to forecast future movements of the Rand, and have successfully predicted some of the Rand's major turning points the last few years.

Not only does the chart show the extent of the Rand’s recent overvaluation, but our present Elliott Wave forecast is showing the Rand is in the early stages of a long term trend reversal, and we can expect it to weaken considerably for the next few years.

On careful reflection, doesn't this provide an exciting opportunity for you?

By converting your wealth at present Rand rates when the Rand's true value is R8.15+ (and being able to do it legally, efficiently and securely), you not only will have secured the means to place your wealth offshore, but also exploited an opportunity to ensure an increment in Rand-related wealth through Rand exchange movement by the end of the lease purchase period.

Do yourself a favour and contact us NOW to find out more - we look forward to assisting you to secure the means you need to protect your wealth.