Page 78 - Stock Exchange Handbook 2020 - Issue 3

JSE – AEC Profile’s Stock Exchange Handbook: 2020 – Issue 3
in Rex Trueform and its group which in turn is invested in the retail and
AECI Ltd. property industries and has recently entered into an agreement to invest in
the water concession industry.
AEC
ISIN: ZAE000000220 SHORT: AECI CODE: AFE SECTOR: Consumer Srvcs—Retail—Gen Retailers—Apparels
ISIN: ZAE000000238 SHORT: AECI 5.5%P CODE: AFEP NUMBER OF EMPLOYEES: 0
REG NO: 1924/002590/06 FOUNDED: 1924 LISTED: 1966 DIRECTORS: Naylor P M (ld ind ne), Roberts H B (ind ne), Sebatane L K
NATURE OF BUSINESS: AECI is a diversified Group of 17 companies. It has (ind ne), Molosiwa M R (Chair, ind ne), Golding M (CEO), Nel W D (FD)
regionalandinternationalbusinessesinAfrica,Europe,SouthEastAsia,North
America, South America and Australia. Products and services are provided to a MAJOR ORDINARY SHAREHOLDERS as at 30 Jun 2019 72.30%
Geomer Investments Pty Ltd.
broad spectrum of customers in the mining, water treatment, plant and animal Ceejay Trust 13.50%
health, food and beverage, infrastructure and general industrial sectors. Sentinel Retirement Fund 6.20%
SECTOR: Basic Materials—Chems—Chems—Specialty Chems POSTAL ADDRESS: PO Box 1856, Cape Town, 8000
NUMBER OF EMPLOYEES: 8 038 MORE INFO: www.sharedata.co.za/sdo/jse/AOO
DIRECTORS: Dawson S (ind ne), De BuckFFT(ne), Dissinger W COMPANY SECRETARY: Adam Theodore Snitcher
(ind ne), DunneRMW(ne, UK), Gomwe G (ne, Zim), Molapo J (ne), TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
Ramashia Adv R (ne), Roets M (ind ne), Sibiya P (ne), Mokhele Dr
K D K (Chair, ind ne), Dytor M A (CE), Kathan K M (CFO) SPONSOR: Java Capital Trustees and Sponsors (Pty) Ltd.
AUDITORS: KPMG Inc.
MAJOR ORDINARY SHAREHOLDERS as at 28 Dec 2018
Government Employees Pension Fund (PIC) 13.44% CAPITAL STRUCTURE AUTHORISED ISSUED
PSG Flexible Fund 4.26% AON NOrds 0.25c ea - 10 200 801
AECI Community Education and Development Trust 3.63% AOO Ords 50c ea - 1 250 000
POSTAL ADDRESS: Private Bag X21, Gallo Manor, 2052 AOVP 6% Prefs 200c ea 275 000 275 000
MORE INFO: www.sharedata.co.za/sdo/jse/AFE
DISTRIBUTIONS [ZARc]
COMPANY SECRETARY: Nomini Rapoo
NOrds 0.25c ea Ldt Pay Amt
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd. Final No 21 12 Dec 16 19 Dec 16 17.00
SPONSOR: Rand Merchant Bank (A division of FirstRand Bank Ltd.) Final No 20 10 Dec 15 21 Dec 15 35.00
AUDITORS: Deloitte & Touche LIQUIDITY: Jul20 Ave 5 shares p.w., R150.8(-% p.a.)
CAPITAL STRUCTURE AUTHORISED ISSUED GERE 40 Week MA AF & OVR
AFE Ords 100c ea 180 000 000 109 944 384
AFEP Prefs 200c ea 3 000 000 3 000 000 2721
DISTRIBUTIONS [ZARc]
2274
Ords 100c ea Ldt Pay Amt
Final No 172 31 Mar 20 6 Apr 69 414.00 1828
Interim No 171 27 Aug 19 2 Sep 19 156.00
LIQUIDITY: Jul20 Ave 929 903 shares p.w., R87.4m(44.0% p.a.) 1381
CHES 40 Week MA AECI
935
16900
488
2015 | 2016 | 2017 | 2018 | 2019 |
13814
FINANCIAL STATISTICS
10728 (Amts in ZAR’000) Dec 19 Jun 19 Jun 18 Jun 17 Jun 16
Interim Final Final Final Final
7643 Turnover 378 175 678 873 587 632 528 759 558 229
Op Inc 36 898 21 809 12 768 - 781 9 277
4557
NetIntPd(Rcvd) 10 130 - 8 943 - 4 616 - 4 386 - 5 223
Minority Int 6 736 12 113 5 790 1 438 5 300
1471
2015 | 2016 | 2017 | 2018 | 2019 | Att Inc 8 096 20 118 5 709 147 4 241
TotCompIncLoss 14 850 32 207 11 777 2 707 10 282
FINANCIAL STATISTICS
(R million) Dec 19 Dec 18 Dec 17 Dec 16 Dec 15 Fixed Ass 130 331 128 065 129 462 128 182 125 204
Inv & Loans 1 717 2 636 835 524 576
Final Final Final Final Final
Turnover 24 799 23 314 18 482 18 596 18 446 Tot Curr Ass 210 639 178 574 192 920 170 987 185 827
Op Inc 2 031 1 999 1 579 1 335 1 703 Ord SH Int 179 944 169 158 149 365 143 519 145 009
NetIntPd(Rcvd) 457 365 167 215 187 Minority Int 161 182 150 407 123 157 117 276 117 401
Minority Int 33 34 30 32 19 LT Liab 369 396 98 005 19 807 19 979 22 274
Att Inc 1 291 990 950 777 1 007 Tot Curr Liab 126 857 68 921 56 687 49 841 56 848
TotCompIncLoss 1 424 1 443 778 433 2 657
Fixed Ass 6 542 5 990 4 181 4 130 4 433 PER SHARE STATISTICS (cents per share) 50.20 3.30 34.30
44.10
70.70
HEPS-C (ZARc)
Inv & Loans 140 384 391 352 340 DPS (ZARc) - - - - 17.00
Tot Curr Ass 11 249 10 594 8 606 8 282 9 420 NAV PS (ZARc) 1 535.00 1 443.00 1 281.00 1 231.00 1 243.00
Ord SH Int 10 912 10 043 9 234 8 913 8 932 3 Yr Beta 0.18 0.24 0.81 1.28 1.28
Minority Int 166 156 116 127 104 Price High 2 720 2 721 1 826 1 600 1 200
LT Liab 6 779 6 646 1 614 2 324 1 871 Price Low 2 720 1 826 1 600 1 100 726
Tot Curr Liab 5 270 5 424 5 001 4 450 6 881
Price Prd End 2 720 2 720 1 826 1 600 1 100
PER SHARE STATISTICS (cents per share)
RATIOS
HEPS-C (ZARc) 1 150.00 1 045.00 959.00 818.00 894.00 Ret on SH Fnd 8.70 10.09 4.22 0.61 3.64
DPS (ZARc) 570.00 515.00 478.00 435.00 385.00 Oper Pft Mgn 9.76 3.21 2.17 - 0.15 1.66
NAV PS (ZARc) 9 925.00 9 135.00 8 399.00 8 107.00 8 092.00 D:E 1.08 0.31 0.07 0.08 0.08
3 Yr Beta 0.19 0.35 0.74 0.92 0.74 Current Ratio 1.66 2.59 3.40 3.43 3.27
Price High 11 199 12 100 12 186 11 000 14 110 Div Cover - - - - 2.19
Price Low 7 701 8 239 5 005 7 401 8 109
Price Prd End 10 700 8 351 10 000 10 110 8 866
African Dawn Capital Ltd.
RATIOS
Ret on SH Fnd 11.95 10.03 10.47 8.94 11.35 AFR
CODE: ADW
Oper Pft Mgn 8.19 8.57 8.54 7.18 9.23 ISIN: ZAE000223194 SHORT: AFDAWN LISTED: 2004
REG NO: 1998/020520/06 FOUNDED: 1997
D:E 0.63 0.68 0.24 0.28 0.50
Current Ratio 2.13 1.95 1.72 1.86 1.37 NATURE OF BUSINESS: African Dawn Capital Ltd. (the “Company” or
“Afdawn”) was founded in 1998 as a micro finance business. Following its
Div Cover 2.15 1.82 1.88 1.69 2.37 listingontheAltXin2004,itgrewintoanichefinanceproviderspecialisingin
micro finance and structured property finance. The Company wanted to
African and Overseas Enterprises Ltd. reposition itself as a listed venture capital vehicle. Due to a long outstanding
SARS liability that could not reach settlement on time and the failure of the
AFR
ISIN: ZAE000000485 SHORT: AF & OVR CODE: AOO Dzothe Transaction, this strategy was abandoned. All non-core assets were
ISIN: ZAE000000493 SHORT: AF&OVR 6%PP CODE: AOVP sold and eventually a SARS settlement was reached in December 2017.
ISIN: ZAE000009718 SHORT: AFOVR-N CODE: AON SECTOR: AltX
REG NO: 1947/027461/06 FOUNDED: 1947 LISTED: 1948 NUMBER OF EMPLOYEES: 55
NATURE OF BUSINESS: African and Overseas Enterprises has been listed DIRECTORS: Lessing V (ld ind ne), Roper S (ind ne), Stagman B (ind ne),
on the JSE Ltd. (“JSE”) since 1948. The company has a controlling interest Slabbert J (Chair), Danker D S (CEO), Hope G (CFO)
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