Page 45 - SHB 2020 Issue 1

Profile’s Stock Exchange Handbook: 2020 – Issue 1 NSX – MED

Mediclinic International plc Namibia Asset Management Ltd.
MED NAM
ISIN: GB00B8HX8Z88 ISIN: NA000AOJMZ44 SHORT: NAM CODE: NAM
SHORT: MEDICLINIC REG NO: 97/397 FOUNDED: 1997 LISTED: 1998
CODE: MEP NATURE OF BUSINESS: Namibia Asset Management (Pty) Ltd. was
REG NO: 08338604 founded in April 1996 as a wholly- owned subsidiary of Namibian Harvest
FOUNDED: 1983 Investments Ltd. (NHI) to provide independent asset management
LISTED: 1986 services to institutional and retail investors. NHI was a broadly diversified
NATURE OF BUSINESS: Mediclinic is an international private healthcare financial services group that was successfully listed on the Namibian Stock
services group with operating divisions in Switzerland, Southern Africa Exchange in July 1998. After ten years in existence, the NHI Board of
(South Africa and Namibia) and the United Arab Emirates. Its core directors decided to refocus the business on asset management only. Thus
purpose is to enhance the quality of life of patients by providing acute care, all the non-core businesses have been closed.
specialist-orientated, multi-disciplinary healthcare services across the SECTOR: Fins—Financial Srvcs—Gen Financial—Asset Managers
continuum of care. NUMBER OF EMPLOYEES: 10
SECTOR: Health—Health—Health Equip&Srvcs—Health Providers DIRECTORS: Angula E (ind ne, Namb), Rhoda A (ne),
NUMBER OF EMPLOYEES: 32 398 Rossouw B (ind ne, Namb), Shaanika T (ind ne, Namb),
DIRECTORS: Hertzog Dr Edwin de la H (Chair, ne), Walters S (ind ne, Namb), Young G (ind ne), Pillay A (Chair, ne),
van der Merwe Dr C A (CEO), Myburgh P J (CFO), Emvula E (CEO, Namb), Eiseb U (CFO, Namb)
Al Hashimi Dr M Y (ind ne), Durand J J (ne), Grieve J A (snr ind ne, UK),
Harvey Dr F A H (ind ne, UK), Keating S D (ind ne, Ire), MAJOR ORDINARY SHAREHOLDERS as at 30 Sep 2018
Meintjes D P (ne), Oswald Dr A (ind ne, Swiss), Petersen T D (ind ne), Coronation Investment Management (Pty) Ltd. 40.05%
Singer T (ind ne), Uys P J (alt) Orban Street Trust 21.00%
MAJOR ORDINARY SHAREHOLDERS as at 01 Jul 2019 First National Bank (Namibia) Nominees 16.96%
Remgro 44.56% POSTAL ADDRESS: PO Box 23329, Windhoek, Namibia
Genesis Investment Management LLP 9.50% MORE INFO: www.sharedata.co.za/v2/Scripts/Summary.aspx?c=NAM
Public Investment Corporation SOC Ltd. 6.21% COMPANY SECRETARY: Ulrich Eiseb
POSTAL ADDRESS: PO Box 456, Stellenbosch, 7599 TRANSFER SECRETARY: Transfer Secretaries (Pty) Ltd.
EMAIL: info@mediclinic.com SPONSOR: IJG Securities (Pty) Ltd.
WEBSITE: www.mediclinic.com AUDITORS: KPMG Namibia
TELE PHONE: 021-809-6500 FAX: 086-532-2557
COMPANY SECRETARY: Link Company Matters CAPITAL STRUCTURE AUTHORISED ISSUED
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd. NAM Ords 1c ea 200 000 000 200 000 000
SPONSORS: Morgan Stanley & Co International plc (UK), Rand Merchant DISTRIBUTIONS [NADc]
Bank (A division of FirstRand Bank Ltd. (SA)), Simonis Storm (Pty) Ltd. Ords 1c ea Ldt Pay Amt
(Nam), UBS Investment Bank (UK) Final No 18 29 Nov 19 13 Dec 19 8.00
AUDITORS: PwC LLP Special No 4 29 Nov 19 13 Dec 19 1.00
CAPITAL STRUCTURE AUTHORISED ISSUED
MEI Ords 10p ea - 737 243 810 LIQUIDITY: Jan20 Ave 8 134 shares p.w., R531 320.3(0.2% p.a.)
DISTRIBUTIONS [GBPp] FINA 40 Week MA NAM
Ords 10p ea Ldt Pay Amt 85
Interim No 13 3 Dec 19 17 Dec 19 3.20
Final No 12 11 Jun 19 29 Jul 19 4.70 79
LIQUIDITY: Nov19 Ave 5m shares p.w., R361.4m(37.1% p.a.)
73
HEES 40 Week MA MEDICLINIC
67
21091
61
17718
55
14345 2015 | 2016 | 2017 | 2018 | 2019
FINANCIAL STATISTICS
10972
(Amts in NAD’000) Sep 19 Sep 18 Sep 17 Sep 16 Sep 15
7600 Final Final Final Final Final
Turnover 83 331 75 789 69 583 72 404 85 828
4227 Op Inc 21 550 20 455 20 481 21 907 22 367
2014 | 2015 | 2016 | 2017 | 2018 | 2019
NetIntPd(Rcvd) - 2 528 - 1 265 - 1 572 - 1 565 - 1 466
FINANCIAL STATISTICS Att Inc 16 577 14 763 14 948 15 762 15 715
(GBP million) Sep 19 Mar 19 Mar 18 Mar 17 Mar 16
Interim Final Final Final Final TotCompIncLoss 16 691 14 766 15 143 15 986 15 922
Turnover 1 515 2 932 2 876 2 749 2 107 Fixed Ass 1 366 755 906 1 003 191
Op Inc 149 81 - 288 362 288 Tot Curr Ass 52 113 43 083 39 849 38 979 53 648
NetIntPd(Rcvd) 40 57 85 67 49 Ord SH Int 32 778 28 742 26 437 23 198 30 096
Tax - 11 - 7 - 5 64 55 LT Liab 4 640 6 031 7 318 8 756 -
Minority Int 13 21 18 14 13 Tot Curr Liab 23 222 16 382 13 927 14 749 29 582
Att Inc 109 - 151 - 492 229 177 PER SHARE STATISTICS (cents per share)
Hline Erngs-CO 105 211 203 229 177 HEPS-C (ZARc) 10.75 9.57 9.69 10.22 9.23
Fixed Ass 4 386 3 524 3 590 3 703 3 199 DPS (ZARc) 9.00 7.50 7.50 7.50 7.50
Tot Curr Ass 1 075 1 091 961 1 069 931 NAV PS (ZARc) 16.39 14.37 17.14 15.04 17.68
Ord SH Int 3 331 3 151 3 286 4 086 3 509
Minority Int 118 115 87 78 61 3 Yr Beta 0.13 0.02 - 0.04 - -
LT Liab 3 312 2 577 2 445 2 668 2 192 Price High 64 72 85 - -
Tot Curr Liab 586 584 525 590 787 Price Low 55 64 72 - -
Price Prd End 55 64 72 - -
PER SHARE STATISTICS (cents per share) RATIOS
EPS (ZARc) 270.54 - 369.21 - 1 148.57 570.71 613.61
HEPS-C (ZARc) 259.58 515.09 475.27 570.71 613.61 Ret on SH Fnd 50.57 51.36 56.54 67.95 52.22
DPS (ZARc) 60.83 145.41 139.39 133.92 155.52 Oper Pft Mgn 25.86 26.99 29.43 30.26 26.06
NAV PS (ZARc) 8 421.92 8 372.73 7 581.02 9 277.81 10 095.11 D:E 0.14 0.21 0.28 0.38 -
3 Yr Beta 1.13 1.19 0.98 1.38 0.94 Current Ratio 2.24 2.63 2.86 2.64 1.81
Price High 6 806 12 023 15 261 21 803 20 870 Div Cover 1.19 1.28 1.29 1.36 1.23
Price Low 5 268 5 199 8 810 11 384 9 050
Price Prd End 6 165 5 699 10 015 11 918 18 976
RATIOS
Ret on SH Fnd 7.07 - 3.98 - 14.05 5.84 5.32
D:E 0.98 0.53 0.50 0.40 0.40
Int Cover 3.73 n/a n/a 5.40 5.88
Current Ratio 1.83 1.86 1.83 1.81 1.18
Div Cover 4.45 - 2.20 - 8.17 3.92 3.95
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