Page 107 - Profile's Stock Exchange Handbook 2020 Issue 4
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Profile’s Stock Exchange Handbook: 2020 – Issue 4                       JSE – CAS
                                                              WEBSITE: www.cashbuild.co.za
                   Cashbuild Ltd.                             TELEPHONE: 011-248-1500
                                                              FAX: 086-666-3291
        CAS
                                                              COMPANY SECRETARY: Takalani Nengovhela
                                                              TRANSFER SECRETARY: Computershare
                                                               Investor Services (Pty) Ltd.
                                                              SPONSOR: Nedbank CIB
                                                              AUDITORS: PwC Inc.
                                                              BANKERS: First National Bank, Nedbank Ltd.,
                                                  Scan the QR code to  Standard Bank of SA Ltd.
                                                   visit our website
       ISIN: ZAE000028320  SHORT: CASHBIL  CODE: CSB
       REG NO: 1986/001503/06  FOUNDED: 1978  LISTED: 1986  CALENDAR     Expected     Status
        NATURE OF BUSINESS:                       Annual General Meeting  Nov 2020  Unconfirmed
        Cashbuild is southern Africa’s largest retailer of quality  Next Interim Results  Mar 2021  Unconfirmed
        building materials and associated products, selling direct to a  Next Final Results  Sep 2021  Unconfirmed
        cashpaying customer base through our constantly expanding
        chain of stores (318 at the end of this reporting period which  CAPITAL STRUCTURE  AUTHORISED  ISSUED
        includes 61 P&L Hardware stores and one DIY store).  CSB  Ords 1c ea  35 000 000  24 989 811
        Cashbuild carries an in-depth quality product range tailored
        to the specific needs of the communities we serve. Our  DISTRIBUTIONS [ZARc]
                                                                                Pay
                                                                        Ldt
                                                                                       Amt
        customers are typically home-builders and improvers, con-  Ords 1c ea  21 Sep 20  28 Sep 20  272.00
                                                  Final No 55
        tractors, farmers, traders, as well as all other customers
        requiring quality building materials at the best value.  Interim No 54  24 Mar 20  30 Mar 20  435.00
        Cashbuild has built its credibility and reputation by consis-  Final No 53  23 Sep 19  30 Sep 19  420.00
        tently offering its customers quality building materials at the  Interim No 52  18 Mar 19  25 Mar 19  435.00
        best value and through a purchasing and inventory policy that  LIQUIDITY: Sep20 Ave 243 420 shares p.w., R43.0m(50.7% p.a.)
        ensures customers’ requirements are always met.   GERE       40 Week MA   CASHBIL
       SECTOR: Consumer Srvcs—Retail—Gen Retailers—Home Improves                       50477
       MAJOR ORDINARY SHAREHOLDERS as at 28 Jun 2020
         Allan Gray (Pty) Ltd.            21.44%                                       41749
         Goldrick P K                     10.02%
         Cashbuild Empowerment Trust       7.06%                                       33021
         SRA Investments (Pty) Ltd.        6.00%
                                                                                       24293
       FINANCIAL STATISTICS
       (R million)       Jun 19                                                        15565
                  Jun 20 (53 weeks)  Jun 18  Jun 17  Jun 16
                   Final  Final Final(rst) Final(rst)  Final  2015  |  2016  |  2017  |  2018  |  2019  |  2020  6837
       Turnover   10 091  10 821  10 207  9 730  8 670
       Op Inc       520    559  543   620   549   Recent Announcements
       NetIntPd(Rcvd)  126  - 54  - 51  - 37  - 70  Tuesday, 01 September 2020: Shareholders are advised that Ms NV
       Tax          121    180  169   188   177    Simamane will be retiring by rotation at Cashbuild’s next
       Minority Int  5      5     5     4     5    annual general meeting (“AGM”) to be held on 30 November
       Att Inc      267    427  421   465   437
       TotCompIncLoss  299  437  431  449   455    2020 and has not made herself available for re-election. Ms
       Hline Erngs-CO  259  434  424  464   431    Simamanewillthereforeretire asanindependentnon-executive
       Fixed Ass   2 395  1 129  1 100  979  929   director from the Board of Directors of Cashbuild (the “Board”)
       Inv & Loans   58    28     -     -     2    with effect from 30 November 2020.
       Def Tax Asset  99   66    46    27    19    The Board is in the process of considering its composition and
       Tot Curr Ass  3 371  2 279  2 635  2 257  2 108  will advise shareholders in due course.
       Ord SH Int  2 117  2 157  1 890  1 656  1 443  Cashbuild final results June 2020 - Tuesday, 01 September 2020:
       Minority Int  38    31    28    23    22    Revenue for the year decreased by 7% to R10.091 billion (2019:
       LT Liab     1 468   224  205   198   184
       Tot Curr Liab  2 723  1 583  2 177  1 863  1 889  R10.821 billion), gross profit fell 7% to R2.525 billion (2019:
                                                   R2.720 billion), operating profit decreased by 7% to R520
       PER SHARE STATISTICS (cents per share)      million (2019: R559 million), profit for the year attributable to
       EPS (ZARc)  1 176.70 1 881.30 1 851.60 2 047.70 1 920.40
       HEPS-C (ZARc)  1 138.50 1 910.40 1 866.50 2 045.20 1 891.50  owners of the company was 37% lower at R267.4 million (2019:
       Pct chng p.a.  - 40.4  2.3  - 8.7  8.1  24.6  R427.4 million), while headline earnings per share fell to 1
       Tr 5yr av grwth %  - 2.8  11.6  13.6  11.7  27.6  138.5 cents per share (2019: 1 910.4 cents per share).
       DPS (ZARc)   707.00  855.00  842.00  930.00 1 001.00  Dividend
       Pct chng p.a.  - 17.3  1.5  - 9.5  - 7.1  40.6  The board has declared a final dividend (No. 55), of 272 cents
       Tr 5yr av grwth %  1.7  12.1  13.5  12.5  32.3  (June2019:420cents)perordinaryshareoutofincomereserves
       NAV PS (ZARc)  8 470.00 8 636.00 7 561.00 6 642.00 5 776.00  to all shareholders of Cashbuild Ltd. The dividend per share is
       3 Yr Beta     0.88  - 0.07  0.22  1.12  1.11  calculated based on 24 989 811 (June 2019: 24 989 811) shares
       Price High   14 410  34 500  52 649  46 000  36 900  in issue at date of dividend declaration. Net local dividend
       Price Low    14 001  23 002  29 005  32 100  25 528
       Price Prd End  14 258  26 715  33 000  35 000  35 500  amount is 217.6 cents per share for shareholders liable to pay
       RATIOS                                      Dividends Tax and 272 cents per share for shareholders exempt
       Ret on SH Fnd  12.65  19.77  22.17  27.96  30.16  from paying Dividends Tax. The total dividend for the year
       Ret On Tot Ass  4.30  10.82  9.89  12.64  12.49  amounts to 707 cents (June 2019: 855 cents) a 17% decrease on
       Oper Pft Mgn  5.16  5.17  5.32  6.37  6.33  the prior year. Local Dividends Tax is 20%. Cashbuild Limited’s
       D:E           0.19  0.08  0.12  0.12  0.14  tax reference number is 9575168712.
       Int Cover     2.76  n/a   n/a   n/a  n/a    Company prospects
       Current Ratio  1.24  1.44  1.25  1.21  1.12  Group revenue for the six weeks after year-end has increased by
       Div Cover     1.66  2.20  2.20  2.20  1.92
                                                   22% on the comparable six week period. Management believe
       NUMBER OF EMPLOYEES: 6 213                  trading conditions will remain extremely challenging due to the
       DIRECTORS: KnockAGW (Chair, ind ne), de Jager W F (CEO),
        Bosman M (ind ne), Hattingh A, HickeyHH(ind ne),  weakness of the national economy impacting negatively on cus-
        Lushaba DrDSS(ind ne), Prowse A E (FD), SimamaneNV(ind ne),  tomers’ disposable income. This information has not been
        Tapon NjamoGM(ind ne), Thoresson S A, van Aswegen W P  reviewed nor audited by the Company’s auditor.
       POPULAR BRAND NAMES: Cashbuild, Champion Cement, Champion
        Paint, P&L Hardware
       POSTAL ADDRESS: PO Box 90115, Bertsham, 2013
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