Page 121 - SHB 2020 Issue 1
P. 121

Profile’s Stock Exchange Handbook: 2020 – Issue 1                       JSE – CHO

             Choppies Enterprises Ltd.            CALENDAR               Expected     Status
                                                  Next Interim Results   Dec 2019  Un con firmed
        CHO
                                                  Next Final Results     Mar 2020  Un con firmed
                                                  Annual General Meeting  Dec 2020  Un con firmed
                                                  CAPITAL STRUCTURE   AUTHORISED     ISSUED
                                                  CHP  Ords no par value      -   1 303 628 341
                   SUS PENDED COM PANY            DISTRIBUTIONS [BWPc]
       ISIN: BW0000001072  SHORT: CHOPPIES  CODE: CHP  Ords no par value  Ldt   Pay    Amt
       REG NO: 2004/1681  FOUNDED: 1986  LISTED: 2015
                                                  Final No  3       17 Oct 17  21 Nov 17  2.15
                                                  Final No  2       18 Oct 16  21 Nov 16  2.83
        NATURE OF BUSINESS:                       Final No  1       16 Oct 15  9 Nov 15  4.88
        Botswana-based Choppies is an in vest ment holding company  LIQUIDITY: Dec19 Ave 2m shares p.w., R1.7m(9.6% p.a.)
        operating in the retail sector across  sub-Saharan Africa.
        Dual-listed on the BSE and JSE, its op er a tions are food and  FOOR  40  Week  MA  CHOPPIES
        general mer chandise  retailing as well as financial  services                 753
        trans ac tions supported by cen tral ised dis tri bu tion channels,
                                                                                       616
        through dis tri bu tion centres and lo gis ti cal support assets in
        Botswana, South Africa, Zimbabwe, Kenya and Zambia.                            478
       SECTOR: Consumer Srvcs—Retail—Food&Drug—Food                                    340
       MAJOR ORDINARY SHAREHOLDERS as at 30 Jun 2017
         Ramachandran Ottapathu           19.50%                                       202
         Farouk Ismail                    14.75%
         Allan Gray                       11.87%   2015  |  2016  |  2017  |  2018  |  2019  64
       FINANCIAL STATISTICS
       (Amts in BWP’000)  Jun 18  Jun 17  Jun 16  Jun 15  Recent Announcements
                      Final  Final(rst)  Final(rst)  Final  Choppies  final results June  2018  - Friday, 13 December 2019:
       Turnover    10 791 295  8 709 308  7 369 005  5 945 234  Revenue for the year increased to BWP10.791 billion (2017:
       Op Inc       - 316 221  - 36 153  148 614  267 568  BWP8.709 billion), gross profit climbed to BWP2.062 billion
       NetIntPd(Rcvd)  75 159  43 621  21 214  24 342  (2017: BWP1.844 billion), loss for the period at trib ut able to
       Tax           53 129  90 032  22 495  45 988  owners of the company widened to BWP418.1 million (2017
       Minority Int  - 26 434  - 10 186  - 4 622  - 5 588
       Att Inc      - 418 075  - 159 620  109 527  202 826  loss of BWP159.6 million), while headline loss per share came
       TotCompIncLoss  - 445 623  - 157 449  85 044  181 170  in at BWP6.84 thebe per share (2017: headline earnings of
       Hline Erngs-CO  - 89 232  -  93 636  200 541  BWP0.75 thebe per share).
       Fixed Ass    1 275 628  1 157 644  1 076 997  746 050  Dividend
       Inv & Loans   107 392  45 633  95 560  30 165  The Board has con sid ered it not prudent to declare a dividend for
       Def Tax Asset  5 795  35 925  46 512  19 572  the period under review.
       Tot Curr Ass  1 444 922  1 578 031  1 100 174  1 149 383  Monday, 09 December 2019: Shareholders are referred to the
       Ord SH Int    602 322  1 052 190  1 234 834  1 449 503  various an nounce ments regarding the delay in the pub li ca tion
       Minority Int  - 26 058  - 17 825  - 6 511  2 035  of the Company’s financial results for the year ended 30 June
       LT Liab       823 939  666 588  458 140  312 429
       Tot Curr Liab  1 612 517  1 339 752  927 256  654 729  2018 and the related cau tion ary state ments, the last of which
                                                   was published on 06 November 2019.
       PER SHARE STATISTICS (cents per share)      Choppies advised share hold ers that the Company is still pro -
       EPS (ZARc)    - 43.62  - 16.32  11.62  23.44
       HEPS-C (ZARc)  - 9.30  0.99   9.93  23.18   gressing the matters referred to in the announcements
         Pct chng p.a.  - 1 039.4  - 90.0  - 57.2  -  regarding the delay in the pub li ca tion of the financial results for
       DPS (ZARc)        -    2.83   3.75   6.32   the year ended 30 June 2018 and the related matters addressed
         Pct chng p.a.  - 100.0  - 24.5  - 40.7  -  in the update to share hold ers published on 5 March 2019,21
       NAV PS (ZARc)  62.83  104.15  128.10  135.79  May 2019,14 August 2019 and 16 October 2019.
       3 Yr Beta       0.70     -      -      -    Per the announcement published on 1 November 2018, the
       Price High      400    543    735   1 195   trading of the Company shares on both the Botswana Stock
       Price Low       201    100    471    505    Exchange (“BSE”) and Jo han nes burg Stock Exchange (“JSE”)
       Price Prd End   249    291    499    615    remains suspended until the Company complies with the BSE
       RATIOS
       Ret on SH Fnd  - 77.14  - 16.42  8.54  13.59  listing re quire ments or until further notice.
       Ret On Tot Ass  - 13.81  - 2.83  5.49  12.50  Tuesday, 03 December 2019: Share hold ers are referred to the Cau -
       Oper Pft Mgn   - 2.93  - 0.42  2.02  4.50   tion ary An nounce ment published on XNews and SENS on 18
       D:E             1.61   0.44   0.35   0.24   November 2019 (“the Cautionary”) and the Announcement
       Int Cover       n/a    n/a    7.01  10.99   published on XNews and SENS on 26 November 2019 (“the An -
       Current Ratio   0.90   1.18   1.19   1.76   nounce ment”). Share hold ers are advised that on 22 November
       Div Cover         -   - 5.77  3.10   3.72   2019, the Company and its wholly owned subsidiaries,
       NUMBER OF EMPLOYEES: 15 956
       DIRECTORS: Haward C J (ne),                 Choppies Su per mar kets SA (Pty) Ltd., Choppies Ware hous ing
        Corea U (Acting Chair, ne),                SA (Pty) Ltd., Choppies Logistics  (Pty) Ltd. and Motopi
        Sanooj V (Acting CFO), Ottapathu R         Holdings S A (Pty) Ltd.,  (collectively the SA Subsidiaries)
        (Group CE, Bots), Ismail F
        E (Vice Chair, ne, Bots)                   entered into agree ments with Kind In vest ments (Pty) Ltd. (the
       POSTAL ADDRESS: Private Bag 00278,          Purchaser) in terms of which the Purchaser will purchase all the
        Gaborone, Botswana                         issued shares held by  the Company and  the loan accounts
       EMAIL: info@choppies.co.za
       WEBSITE: choppies.co.za/Investor-Portal     advanced by the Company to each of the Subsidiaries  (the
       TELE PHONE: 00267-318-6657  Scan the QR code to  Disposal).
       FAX: 00267-318-6656          visit our Investor
       COMPANY SECRETARY: Corporate Services (Pty)   Centre
        Ltd.
       TRANSFER SECRETARY: Grant Thornton Business Services (Pty) Ltd.
       SPONSOR: Rand Merchant Bank (A division of FirstRand Bank Ltd.)
       BANKERS: Absa Bank of South Africa Ltd., Bank of Baroda (Botswana) Ltd.,
        Barclays Bank of Botswana Ltd., Barclays Bank of Zimbabwe, Capital Bank
        Botswana Ltd., First National Bank Botswana Ltd., First National Bank Ltd.
        (South Africa), Nedbank Ltd., Stanbic Bank Botswana Ltd., Standard Bank
        Ltd., Standard Chartered Bank Botswana
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