Page 210 - Profile's Stock Exchange Handbook 2020 Issue 4

JSE – ROY Profile’s Stock Exchange Handbook: 2020 – Issue 4
PER SHARE STATISTICS (cents per share)
Royal Bafokeng Platinum Ltd. EPS (ZARc) 338.00 26.30 78.10 - 390.60 87.60
HEPS-C (ZARc) 335.30 50.40 25.00 56.40 86.70
ROY
Pct chng p.a. 1 230.6 101.6 - 55.7 - 34.9 204.2
Tr 5yr av grwth % - 16.1 3.3 27.8 27.2
NAV PS (ZARc) 2 981.29 7 782.03 7 859.38 5 549.21 5 817.98
3 Yr Beta 1.55 0.50 0.03 0.83 1.39
Price High 6 500 5 400 3 500 4 340 5 300
Price Low 1 450 2 463 1 500 2 650 2 235
Price Prd End 3 471 4 962 2 648 2 800 3 561
RATIOS
Ret on SH Fnd 10.19 0.40 1.69 - 4.55 1.77
Ret On Tot Ass 8.66 1.93 1.99 2.47 2.12
ISIN: ZAE000149936 SHORT: RBPLAT CODE: RBP Oper Pft Mgn 22.54 9.09 8.54 8.92 7.20
ISIN: ZAE000243853 SHORT: RBP CONV CODE: RBPCB D:E 0.63 0.56 0.64 0.40 0.28
REG NO: 2008/015696/06 FOUNDED: 2002 LISTED: 2010
Int Cover 7.49 1.29 n/a 7.73 n/a
Current Ratio 4.35 2.75 5.32 1.96 2.02
NATURE OF BUSINESS: NUMBER OF EMPLOYEES: 10 087
The company is an independently operated and managed, DIRECTORS: Ledger P (ind ne), Lucht U (ne),
mid-tier PGM (Platinum Group Metal) producer whose Matlala Z (ind ne), MoffetMJ(ind ne),
current mining operations and planned expansion prospects Mokgosi-Mwantembe T (ind ne), Phetwe O (ne),
are based on the Bushveld Igneous Complex (the Bushveld RogersMH(ind ne), Stephens L (ind ne),
Moroka Adv K D (Chair, ind ne),
complex) in the North West province, South Africa, the Phiri S D (CEO), Rossouw H (CFO)
largest source of PGMs in the world. RBPlat was formed to POSTALADDRESS:POBox2283,Fourways,2055
exploit PGMs in the Merensky and UG2 Reefs on the BRPM, EMAIL: Lindiwe@bafokengplatinum.co.za
Styldrift and Frischgewaagd properties in the Rustenburg Scan the QR code to WEBSITE: www.bafokengplatinum.co.za
visit our website
area. The PGM resources on the Styldrift and Frischgewaagd TELEPHONE: 010-590-4510 FAX: 086-572-8047
COMPANY SECRETARY: Lester Jooste (ACIS)
farms have been identified as hosting the last undeveloped TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
sub-outcrops of the Merensky Reef on the western limb of the SPONSOR: Merrill Lynch SA (Pty) Ltd.
Bushveld Complex. RBPlat produces approximately 401 AUDITORS: PwC Inc.
thousand 4E ounces per annum and has a total resource base BANKERS: Nedbank Ltd.
of 68.6 million 4E ounces. CALENDAR Expected Status
The mining operations are Merensky biased with UG2 being
mined on a replacement basis. The mining plan currently Next Final Results Mar 2021 Unconfirmed
focuses on the shallow Merensky Reef on the BRPM property, Annual General Meeting Apr 2021 Unconfirmed
and expansion to the Merensky Reef on the Styldrift property. Next Interim Results Aug 2021 Unconfirmed
UG2 is currently being mined on a supplemental basis at
BRPM, with the UG2 production increasing commensurately CAPITAL STRUCTURE AUTHORISED ISSUED
with the depletion of the Merensky resource. RBP Ords 1c each 1 000 000 000 258 792 016
Thecompany’s brownfieldMerenskyexpansionprojectonthe LIQUIDITY: Sep20 Ave 2m shares p.w., R78.0m(36.0% p.a.)
neighbouring Styldrift farm which is contiguous to BRPM is PLAT 40 Week MA RBPLAT
well advanced. Styldrift is a new mine development sunk to a
depth of 753 metres. Styldrift as well as the acquisition of the
Maseve concentrator has the potential to increase the 10400
Company’s production to approximately 410ktpm of milled 8219
ore, yielding approximately 320koz platinum-in-concentrate
6038
per annum. Styldrift is expected to achieve steady state pro-
duction of 230ktpm by the end of 2020. 3857
The company has the benefit of entrenched broad-based black
1676
economic empowerment (“BEE”) ownership by the Royal 2015 | 2016 | 2017 | 2018 | 2019 | 2020
Bafokeng Nation (through its wholly-owned investment
vehicle Royal Bafokeng Holdings (Pty) Ltd. (“RBH”). Recent Announcements
Monday, 24 August 2020: Bondholders of the RBPlat R1 200 000
SECTOR: Basic Materials—Basic Resrcs—Mining—Plat&Prcs Metals 000.00 7% p.a. Senior Unsecured Convertible Registered
CONTROLLED BY: Royal Bafokeng Platinum Holdings (Pty) Ltd. Bonds due 2022 (the “Convertible Bond”) are hereby advised
MAJOR ORDINARY SHAREHOLDERS as at 28 Aug 2020 that the Convertible Bond will commence trading ex-interest,
Royal Bafokeng Platinum Holdings (Pty) Ltd. 39.97% with respect to the interest period starting 16 March 2020 and
Public Investment Corporation 12.70% ending on 15 September 2020 (the “Period”), from the close
Allan Gray (Pty) Ltd. 11.98% of trade on Tuesday, 8 September 2020 until the close of trade
on Friday, 11 September 2020.
FINANCIAL STATISTICS The interest amount to be paid on Wednesday, 16 September
2020 will be R350.00 for each R10 000.00 of Principal
(R million) Jun 20 Dec 19 Dec 18 Dec 17 Dec 16 Amount for the Period. The next interest period will
Interim Final Final(rst) Final Final commence on 16 September 2020 (inclusive) and will end on
Turnover 4 606 7 492 3 627 3 499 3 342 16 March 2021 (exclusive).
Op Inc 1 038 681 310 312 241 The salient dates relating to this interest payment are as
NetIntPd(Rcvd) 197 430 - 74 - 85 - 84 follows:
Tax 408 60 61 84 - 8 * Last date to trade in order to participate in this interest
Minority Int - - 100 96 94 payment: Tuesday, 8 September 2020
Att Inc 870 64 156 - 753 168 * Ex-date: Wednesday, 9 September 2020
TotCompIncLoss 870 64 256 - 657 263 * Record date: Friday, 11 September 2020
Hline Erngs-CO 863 123 50 109 167 * Payment date: Wednesday, 16 September 2020
Fixed Ass 21 026 20 870 20 309 17 599 16 317 RBPlat interim results June 2020 - Tuesday, 04 August 2020:
Inv & Loans 298 290 267 200 182 Revenuefor theinterim period jumped 45.6% to R4.6 billion
Def Tax Asset 58 58 70 47 39 (R3.2 billion) whilst gross profit grew to R1.2 billion (R48.9
million). Net profit for the period came to R869.5 million
Tot Curr Ass 7 130 4 790 4 027 3 697 2 704 (loss of R164.4 million). In addition, headline earnings per
Ord SH Int 17 071 16 187 15 158 10 670 11 156 share was recorded at 335.3cps (headline loss of 70.8cps).
Minority Int - - - 3 754 3 658 Dividend
LT Liab 10 780 9 025 9 596 5 838 4 165 No dividends have been declared or proposed in the current
Tot Curr Liab 1 639 1 740 756 1 884 1 339 period (2019: nil).
208