Page 137 - Profile's Stock Exchange Handbook - 2021 issue 1
P. 137
Profile’s Stock Exchange Handbook: 2021 – Issue 1 JSE – GRI
Grindrod Ltd. Grindrod Shipping Holdings Ltd.
GRI GRI
ISIN: SG9999019087 SHORT: GRINSHIP CODE: GSH
REG NO: 201731497H FOUNDED: 2017 LISTED: 2018
NATURE OF BUSINESS: Grindrod Shipping owns and operates a
diversified fleet of owned and long-term and short-term chartered-in
ISIN: ZAE000072328 SHORT: GRINDROD CODE: GND drybulk vessels and product tankers. The drybulk business, which
ISIN: ZAE000071106 SHORT: GRINDROD PREF CODE: GNDP operatesunderthebrand“IslandViewShipping”(“IVS”)includesafleetof
REG NO: 1966/009846/06 FOUNDED: 1966 LISTED: 1986 16 handysize drybulk carriers and 15 supramax/ultramax drybulk carriers
NATURE OF BUSINESS: Grindrod, listed on the Johannesburg Stock on the water with one chartered-in ultramax drybulk carrier under
Exchange Limited (JSE), is based in South Africa and is represented by construction in Japan due to be delivered between 3Q 2020 and 1Q 2021.
subsidiaries, joint ventures and associated companies in 31countries The tanker business, which operates under the brand “Unicorn Shipping”
worldwide, employing more than 4 700 skilled and dedicated people.
SECTOR: Ind—Ind Goods&Srvcs—Ind Transportation—Trans Srvcs (“Unicorn”) includes a fleet of three medium range tankers and one small
tanker. The Company is based in Singapore, with offices in London,
NUMBER OF EMPLOYEES: 4 746 Durban, Tokyo, Cape Town and Rotterdam. Grindrod Shipping is listed on
DIRECTORS: Gelink G G (ind ne), Grindrod W J (ne), Magara B (ind ne),
Mbambo X F, Polkinghorne D A, Sowazi N L (ld ind ne), Uys P J (ind ne), NASDAQundertheticker“GRIN”andontheJSEundertheticker“GSH”.
van Wyk W O (ind ne alt), Zatu Z P (ind ne), Hankinson M J (Chair, ne), SECTOR: Ind—Ind Goods&Srvcs—Ind Transportation—Marine Trans
Waller A G (CEO), Ally F B (CFO) NUMBER OF EMPLOYEES: 0
MAJOR ORDINARY SHAREHOLDERS as at 30 Sep 2020 DIRECTORS: GrindrodMP(ne), Herholdt J (ind ne), HuatQB(ind ne),
Remgro Ltd. 24.79% UysPJ(ne), van WykWO(alt), Wade M R (CEO, UK), Griffiths S
Grindrod Investments (Pty) Ltd. 11.01% (CFO)
Government Employees Pension Fund 9.81% MAJOR ORDINARY SHAREHOLDERS as at 11 Sep 2020
PSG Konsult 9.40% Industrial Partnership Investments (Pty) Ltd. 22.80%
Ninety One 4.80% PSG Asset Management (Pty) Ltd. 10.70%
POSTAL ADDRESS: PO Box 1, Durban, 4000 Grindrod Investments (Pty) Ltd. 10.04%
EMAIL:investorrelations@grindrod.com WEBSITE:www.grindrod.com MORE INFO: www.sharedata.co.za/sdo/jse/GSH
TELEPHONE: 031-304-1451 FAX: 031-305-2848 COMPANY SECRETARY: Shirley Lim Guat Hua
COMPANY SECRETARY: Vicky Commaille
TRANSFER SECRETARY: Link Market Services South Africa (Pty) Ltd. TRANSFER SECRETARY: Link Market Services South Africa (Pty) Ltd.
SPONSORS: Nedbank Corporate and Investment Banking, a division of SPONSOR: Grindrod Bank Ltd.
Nedbank Ltd. AUDITORS: Deloitte
AUDITORS: Deloitte & Touche CAPITAL STRUCTURE AUTHORISED ISSUED
CAPITAL STRUCTURE AUTHORISED ISSUED GSH Ords no par val - 19 063 833
GND Ords 0.002c ea 2 750 000 000 698 553 314
GNDP Prefs 0.031c ea 20 000 000 7 400 000 LIQUIDITY: Jan21 Ave 58 410 shares p.w., R4.0m(15.9% p.a.)
DISTRIBUTIONS [ZARc] INDT 40 Week MA GRINSHIP
Ords 0.002c ea Ldt Pay Amt 17899
Final No 29 24 Mar 20 30 Mar 20 14.20
Prefs 0.031c ea Ldt Pay Amt 15080
Final No 27 24 Mar 20 30 Mar 20 445.00
Interim No 28 22 Sep 20 28 Sep 20 381.00 12261
LIQUIDITY: Sep20 Ave 3m shares p.w., R14.5m(24.6% p.a.)
9443
INDT 40 Week MA GRINDROD
6624
2541
3805
2018 | 2019 | 2020 |
2092
FINANCIAL STATISTICS
1642
(Amts in USD’000) Jun 20 Dec 19 Dec 18 Dec 17
Interim Final Final Final (P)
1193
Turnover 167 145 331 046 319 018 355 035
743 Op Inc - 3 307 - - -
NetIntPd(Rcvd) 8 185 9 937 2 730 906
294
2015 | 2016 | 2017 | 2018 | 2019 | 2020 Minority Int - 1 816 - - -
Att Inc - 10 495 - 35 363 - 20 640 - 59 684
FINANCIAL STATISTICS
(R million) Jun 20 Dec 19 Dec 18 Dec 17 Dec 16 TotCompIncLoss - 19 277 - - -
Interim Final Final(rst) Final(rst) Final(rst) Fixed Ass 495 773 305 197 249 602 238 591
Revenue 1 767 3 790 3 467 3 059 3 288 Inv & Loans 2 627 12 238 11 627 -
Op (Loss) Inc 55 426 409 426 457 Tot Curr Ass 95 580 91 499 122 949 154 775
NetInt(Pd)Rcvd (48) (39) 96 167 149 Ord SH Int 233 616 251 938 292 503 -
Tax 70 8 180 173 195 Minority Int 42 271 - - -
Minority Int - 38 - 8 7 - LT Liab 240 024 180 337 98 458 344 554
Att Inc - 272 - 342 2 873 - 583 - 1 907 Tot Curr Liab 135 076 86 792 56 666 130 141
Hline Erngs-CO 23 542 480 571 209 PER SHARE STATISTICS (cents per share)
Fixed Ass 2 990 2 962 2 879 2 650 5 739
Tot Curr Ass 10 468 13 362 14 003 25 868 16 848 HEPS-C (ZARc) - 549.78 - 1 603.95 - 1 315.50 - 374.08
Ord SH Int 9 201 8 808 9 431 13 955 15 752 NAV PS (ZARc) 21 391.63 19 221.71 22 109.70 -
Minority Int - 104 - 72 52 39 49 Price High 9 989 11 462 21 900 -
LT Liab 2 240 2 934 2 496 1 742 16 223 Price Low 3 201 6 202 6 780 -
Tot Curr Liab 14 327 16 255 15 595 23 266 4 155 Price Prd End 4 803 9 700 7 536 -
RATIOS
PER SHARE STATISTICS (cents per share)
EPS (ZARc) - 44.40 - 59.90 382.10 - 77.60 - 254.20 RetonSHFnd -8.92 - 14.04 -7.06 -
HEPS-C (ZARc) 3.40 79.70 63.90 76.00 27.80 Oper PftMgn -1.98 - - -
DPS (ZARc) - 19.20 14.60 - - D:E 1.16 0.80 0.40 -
NAV PS (ZARc) 1 234.00 1 175.00 1 285.00 1 763.00 2 007.00 Current Ratio 0.71 1.05 2.17 1.19
Price High 535 905 1 540 1 575 1 485
Price Low 281 408 562 1 025 850 Growthpoint Properties Ltd.
Price Prd End 307 503 615 1 365 1 345
GRO
RATIOS ISIN: ZAE000179420 SHORT: GROWPNT CODE: GRT
Ret on SH Fnd - 7.45 - 3.92 30.38 - 4.11 - 12.07 REG NO: 1987/004988/06 FOUNDED: 1987 LISTED: 1987
Ret On Tot Ass 0.79 1.67 2.79 1.93 1.33 NATURE OF BUSINESS: Growthpoint is a Real Estate Investment Trust
Oper Pft Mgn 3.14 13.75 11.81 13.93 13.89 (REIT) company with a total property portfolio of R166.7 billion. The
D:E 0.42 0.52 0.42 0.18 1.07 largest South African listed property company which owns a property
Int Cover - 1.49 8.47 n/a n/a n/a portfolio of 506 directly owned properties in South Africa. Growthpoint
Current Ratio 0.96 0.82 0.90 1.11 4.06 have an interest in 58 properties in Australia through a 62.2% investment
Div Cover - - 3.12 26.17 - - in Growthpoint Properties Australia (GOZ), 62 properties in Central and
Eastern Europe through a 29.4% investment in Globalworth (GWI) and
135