Page 78 - Profile's Stock Exchange Handbook 2020 Issue 4

JSE – AEC Profile’s Stock Exchange Handbook: 2020 – Issue 4
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: NaylorPM(ld ind ne), RobertsHB(ind ne), Sebatane L K
NATURE OF BUSINESS: AECI is a diversified Group of 17 companies. It (ind ne), Molosiwa M R (Chair, ind ne), Golding M (CEO),
has regional and international businesses in Africa, Europe, South East
Asia, North America, South America and Australia. Products and services Nel W D (FD)
are provided to a broad spectrum of customers in the mining, water MAJOR ORDINARY SHAREHOLDERS as at 30 Jun 2019
treatment, plant and animal health, food and beverage, infrastructure and Geomer Investments Pty Ltd. 72.30%
general industrial sectors. Ceejay Trust 13.50%
SECTOR: Basic Materials—Chems—Chems—Specialty Chems Sentinel Retirement Fund 6.20%
NUMBER OF EMPLOYEES: 8 038 POSTAL ADDRESS: PO Box 1856, Cape Town, 8000
DIRECTORS: Dawson S (ind ne), De BuckFFT(ne), MORE INFO: www.sharedata.co.za/sdo/jse/AOO
Dissinger W (ind ne), DunneRMW(ne, UK), Gomwe G (ne, Zim), COMPANY SECRETARY: Ardilah Mohamed-Mushabe
Molapo J (ne), Ramashia Adv R (ne), Roets M (ind ne), Sibiya P (ne), TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
Mokhele DrKDK (Chair, ind ne), Dytor M A (CE), Kathan K M (CFO) SPONSOR: Java Capital Trustees and Sponsors (Pty) Ltd.
MAJOR ORDINARY SHAREHOLDERS as at 27 Dec 19 AUDITORS: KPMG Inc.
Government Employees Pension Fund (PIC) 9.52% CAPITAL STRUCTURE AUTHORISED ISSUED
Allan Gray Balanced Funds 4.65% AON NOrds 0.25c ea - 10 200 801
PSG Flexible Fund 4.03% AOO Ords 50c ea - 1 250 000
POSTAL ADDRESS: Private Bag X21, Gallo Manor, 2052
MORE INFO: www.sharedata.co.za/sdo/jse/AFE AOVP 6% Prefs 200c ea 275 000 275 000
COMPANY SECRETARY: Nomini Rapoo DISTRIBUTIONS [ZARc]
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd. NOrds 0.25c ea Ldt Pay Amt
SPONSOR: Rand Merchant Bank (A division of FirstRand Bank Ltd.) Final No 21 12 Dec 16 19 Dec 16 17.00
AUDITORS: Deloitte & Touche Final No 20 10 Dec 15 21 Dec 15 35.00
CAPITAL STRUCTURE AUTHORISED ISSUED LIQUIDITY: Oct20 Ave 4 shares p.w., R112.2(-% p.a.)
AFE Ords 100c ea 180 000 000 109 944 384 GERE 40 Week MA AF & OVR
AFEP Prefs 200c ea 3 000 000 3 000 000
2721
DISTRIBUTIONS [ZARc]
Ords 100c ea Ldt Pay Amt 2274
Final No 172 31 Mar 20 26 Oct 20 414.00
Interim No 173 1 Sep 20 7 Sep 20 100.00 1828
LIQUIDITY: Oct20 Ave 926 070 shares p.w., R83.6m(43.8% p.a.) 1381
CHES 40 Week MA AECI
935
16900
488
2015 | 2016 | 2017 | 2018 | 2019 | 2020
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
1471 Minority Int 6 736 12 113 5 790 1 438 5 300
2015 | 2016 | 2017 | 2018 | 2019 | 2020
Att Inc 8 096 20 118 5 709 147 4 241
FINANCIAL STATISTICS TotCompIncLoss 14 850 32 207 11 777 2 707 10 282
(R million) Jun 20 Dec 19 Dec 18 Dec 17 Dec 16 Fixed Ass 130 331 128 065 129 462 128 182 125 204
Interim Final Final Final Final Inv & Loans 1 717 2 636 835 524 576
Turnover 11 265 24 799 23 314 18 482 18 596 Tot Curr Ass 210 639 178 574 192 920 170 987 185 827
Op Inc 558 2 031 1 999 1 579 1 335 Ord SH Int 179 944 169 158 149 365 143 519 145 009
NetIntPd(Rcvd) 185 457 365 167 215 Minority Int 161 182 150 407 123 157 117 276 117 401
Minority Int - 1 33 34 30 32 LT Liab 369 396 98 005 19 807 19 979 22 274
Att Inc 259 1 291 990 950 777 Tot Curr Liab 126 857 68 921 56 687 49 841 56 848
TotCompIncLoss 1 125 1 424 1 443 778 433
Fixed Ass 6 640 6 542 5 990 4 181 4 130 PER SHARE STATISTICS (cents per share)
Inv & Loans 169 140 384 391 352 HEPS-C (ZARc) 70.70 44.10 50.20 3.30 34.30
Tot Curr Ass 11 799 11 249 10 594 8 606 8 282 DPS (ZARc) - - - - 17.00
Ord SH Int 11 585 10 912 10 043 9 234 8 913 NAV PS (ZARc) 1 535.00 1 443.00 1 281.00 1 231.00 1 243.00
Minority Int 192 166 156 116 127 3 Yr Beta 0.18 0.24 0.81 1.28 1.28
LT Liab 6 113 6 779 6 646 1 614 2 324 Price High 2 720 2 721 1 826 1 600 1 200
1 100
Price Low
2 720
726
1 600
1 826
Tot Curr Liab 6 325 5 270 5 424 5 001 4 450
Price Prd End 2 720 2 720 1 826 1 600 1 100
PER SHARE STATISTICS (cents per share) RATIOS
HEPS-C (ZARc) 240.00 1 150.00 1 045.00 959.00 818.00 Ret on SH Fnd 8.70 10.09 4.22 0.61 3.64
DPS (ZARc) 100.00 570.00 515.00 478.00 435.00 Oper Pft Mgn 9.76 3.21 2.17 - 0.15 1.66
NAV PS (ZARc) 10 537.00 9 925.00 9 135.00 8 399.00 8 107.00 D:E 1.08 0.31 0.07 0.08 0.08
3 Yr Beta 0.62 0.19 0.35 0.74 0.92 Current Ratio 1.66 2.59 3.40 3.43 3.27
Price High 10 995 11 199 12 100 12 186 11 000 Div Cover - - - - 2.19
Price Low 6 401 7 701 8 239 5 005 7 401
Price Prd End 7 730 10 700 8 351 10 000 10 110
RATIOS African Dawn Capital Ltd.
Ret on SH Fnd 4.38 11.95 10.03 10.47 8.94 ISIN: ZAE000223194 SHORT: AFDAWN CODE: ADW
AFR
Oper Pft Mgn 4.95 8.19 8.57 8.54 7.18 REG NO: 1998/020520/06 FOUNDED: 1997 LISTED: 2004
D:E 0.64 0.63 0.68 0.24 0.28 NATURE OF BUSINESS: African Dawn Capital Ltd. (the “Company” or
Current Ratio 1.87 2.13 1.95 1.72 1.86 “Afdawn”) was founded in 1998 as a micro finance business. Following its
Div Cover 2.45 2.15 1.82 1.88 1.69 listing on the AltX in 2004, it grew into a niche finance provider
specialising in micro finance and structured property finance. The
African and Overseas Enterprises Ltd. Companywantedtorepositionitselfasalistedventurecapitalvehicle. Due
to a long outstanding SARS liability that could not reach settlement on
AFR time and the failure of the Dzothe Transaction, this strategy was
ISIN: ZAE000000485 SHORT: AF & OVR CODE: AOO abandoned. All non-core assets were sold and eventually a SARS
ISIN: ZAE000000493 SHORT: AF&OVR 6%PP CODE: AOVP settlement was reached in December 2017.
ISIN: ZAE000009718 SHORT: AFOVR-N CODE: AON SECTOR: AltX
REG NO: 1947/027461/06 FOUNDED: 1947 LISTED: 1948
NATURE OF BUSINESS: African and Overseas Enterprises has been listed NUMBER OF EMPLOYEES: 55
on the JSE Ltd. (“JSE”) since 1948. The company has a controlling interest
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