Page 170 - Profile's Stock Exchange Handbook - 2021 issue 1
P. 170
JSE – MER Profile’s Stock Exchange Handbook: 2021 – Issue 1
NATURE OF BUSINESS: Metair Investments Ltd. is listed on the
Merafe Resources Ltd. Johannesburg Securities Exchange (JSE) and headquartered in
Johannesburg. The company holds investments and manages 11 South
MER
ISIN: ZAE000060000 SHORT: MERAFE CODE: MRF African and six international operations within two distinct business
REG NO: 1987/003452/06 FOUNDED: 1987 LISTED: 1988 verticals. The businesses manufacture, assemble, distribute and retail
NATURE OF BUSINESS: Merafe is listed on the JSE Ltd. in the General energy storage solutions and automotive components in Africa, Europe,
Mining sector under the share code MRF. Currently, the main focus of the Middle East, Turkey and Russia.
Merafe’s business is on the 20.5% participation of its wholly owned SECTOR: Consumer—Automobiles&Parts—Auto&Parts—Parts
subsidiary, Merafe Ferrochrome and Mining (Pty) Ltd., in the earnings NUMBER OF EMPLOYEES: 9 301
before interest, tax depreciation and amortisation (EBITDA) of the DIRECTORS: Douwenga S (CEO & FD), FlemmingCMD(ind ne),
Glencore-Merafe Chrome Venture (the Venture), in which Glencore has a Matthews B (ind ne), Mawasha B (ind ne), MgodusoTN(ld ind ne),
79.5% participation. Merafe and Glencore South Africa operations Mkhondo N (ind ne), Molefe P (ind ne), MuellMH(ind ne),
(Glencore) formed the Venture in July 2004 when the companies pooled Sithebe A (ind ne), Sithole S (ind ne), Pretorius S G (Chair, ind ne)
their chrome operations to create the largest ferrochrome producer in the MAJOR ORDINARY SHAREHOLDERS as at 20 Nov 2020
world. Kagiso Asset Management (Pty) Ltd. 10.05%
SECTOR: Basic Materials—Basic Resrcs—Mining—Gen Mining Coronation Asset Management (Pty) Ltd. 10.03%
NUMBER OF EMPLOYEES: 7 368 Government Employees Pension Fund 9.51%
DIRECTORS: Blankfield S (ne), Majova B (ind ne), POSTAL ADDRESS: PO Box 2077, Saxonwold, 2132
McClaughlan J (ind ne), MosweuMT(ne), Tlale K (ind ne), MORE INFO: www.sharedata.co.za/sdo/jse/MTA
VusoMJ(ind ne), Mngomezulu A (Chair, ind ne), Matlala Z (CEO), COMPANY SECRETARY: S M Vermaak
Chocho D (FD)
MAJOR ORDINARY SHAREHOLDERS as at 05 Aug 2020 TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
Glencore BV 28.68% SPONSOR: One Capital
Industrial Development Corporation of SA Ltd. 21.78% AUDITORS: PwC Inc.
PSG Konsult 6.64% CAPITAL STRUCTURE AUTHORISED ISSUED
POSTAL ADDRESS: PO Box 652157, Benmore, 2010 MTA Ords no par value 400 000 000 198 985 886
MORE INFO: www.sharedata.co.za/sdo/jse/MRF DISTRIBUTIONS [ZARc]
COMPANY SECRETARY: CorpStat Governance Services Ords no par value Ldt Pay Amt
TRANSFER SECRETARY: Link Market Services South Africa (Pty) Ltd. Final No 68 15 Apr 19 23 Apr 19 100.00
SPONSOR: One Capital Sponsor Services (Pty) Ltd. Final No 67 17 Apr 18 23 Apr 18 80.00
AUDITORS: Deloitte & Touche
LIQUIDITY: Jan21 Ave 1m shares p.w., R24.5m(32.8% p.a.)
CAPITAL STRUCTURE AUTHORISED ISSUED
MRF Ords 1c ea 3 500 000 000 2 510 704 248 AUTM 40 Week MA METAIR
DISTRIBUTIONS [ZARc] 3217
Ords 1c ea Ldt Pay Amt
Final No 13 24 Mar 20 30 Mar 20 4.00 2844
Final No 12 26 Mar 19 1 Apr 19 6.00
2471
LIQUIDITY: Jan21 Ave 9m shares p.w., R4.7m(18.3% p.a.)
2098
MINI 40 Week MA MERAFE
1724
287
1351
236 2016 | 2017 | 2018 | 2019 | 2020 |
FINANCIAL STATISTICS
184
(R million) Jun 20 Dec 19 Dec 18 Dec 17 Dec 16
132 Interim Final Final Final Final
Turnover 3 880 11 238 10 277 9 517 8 954
81 Op Inc - 18 1 018 1 009 848 731
NetIntPd(Rcvd) 91 227 186 175 155
29
2016 | 2017 | 2018 | 2019 | 2020 | Minority Int - 34 32 31 20
Att Inc - 216 624 667 556 448
FINANCIAL STATISTICS
(R million) Jun 20 Dec 19 Dec 18 Dec 17 Dec 16 TotCompIncLoss 133 273 382 149 - 661
Interim Final Final(rst) Final(rst) Final Fixed Ass 2 861 2 707 2 538 2 606 2 857
Revenue 2 338 5 379 5 606 5 889 5 702 Tot Curr Ass 4 988 4 906 4 493 4 072 3 780
Op Inc 57 - 1 922 940 1 297 803 Ord SH Int 4 091 4 188 4 166 4 076 4 077
121
123
123
103
119
NetIntPd(Rcvd) - 4 - 55 - 4 19 59 Minority Int 2 162 1 843 1 587 1 754 1 608
LT Liab
Att Inc - 961 - 1 362 683 914 532 Tot Curr Liab 2 766 2 813 2 547 2 155 2 244
TotCompIncLoss - - 1 362 683 914 532
Fixed Ass 140 1 435 3 226 3 271 3 235 PER SHARE STATISTICS (cents per share)
Inv & Loans 3 - - - - HEPS-C (ZARc) - 56.00 336.00 327.00 281.00 229.00
Tot Curr Ass 2 933 3 057 3 320 3 053 3 017 DPS (ZARc) - 120.00 100.00 80.00 70.00
NAV PS (ZARc) 2 128.00 2 186.00 2 167.00 2 059.00 2 059.00
Ord SH Int 2 319 3 381 4 893 4 636 3 897
0.72
0.01
0.14
1.08
0.78
LT Liab 362 585 1 136 1 084 1 175 3 Yr Beta 2 400 2 575 2 450 2 600 2 780
Price High
Tot Curr Liab 545 594 599 635 1 199
Price Low 1 192 1 600 1 350 1 731 1 725
PER SHARE STATISTICS (cents per share) Price Prd End 1 805 2 310 1 950 2 150 2 200
HEPS-C (ZARc) 1.10 - 1.80 27.20 36.40 21.20 RATIOS
DPS (ZARc) - 4.00 13.97 12.00 4.80 Ret on SH Fnd - 10.24 15.26 16.31 14.00 11.20
NAV PS (ZARc) 92.36 134.64 194.88 184.63 155.22 Oper Pft Mgn - 0.47 9.06 9.81 8.91 8.17
3 Yr Beta 1.47 0.81 0.81 0.81 0.44 D:E 0.77 0.70 0.59 0.59 0.63
Price High 50 153 174 201 165 Current Ratio 1.80 1.74 1.76 1.89 1.68
Price Low 30 75 126 108 50 Div Cover - 2.71 3.38 3.51 3.24
Price Prd End 35 86 142 149 165
RATIOS Metrofile Holdings Ltd.
Ret on SH Fnd - 82.89 - 40.28 13.97 19.72 13.66
MET
Oper Pft Mgn 2.42 - 35.72 16.77 22.03 14.09 ISIN: ZAE000061727 SHORT: METROFILE CODE: MFL
D:E 0.16 0.17 0.23 0.25 0.44 REG NO: 1983/012697/06 FOUNDED: 1983 LISTED: 1995
Current Ratio 5.38 5.15 5.54 4.80 2.52 NATURE OF BUSINESS: Metrofile Group is a leading global records and
Div Cover - - 13.55 1.95 3.03 4.42 information management specialist, providing clients with end-to-end
solutions for the complete data management lifecycle, while ensuring they
extract maximum value from their information assets. The business was
Metair Investments Ltd. formed in 1983 and 36 years later, its operations service clients of all sizes
and sectors across South Africa, Botswana, Kenya, Mozambique, Zambia
MET
ISIN: ZAE000090692 SHORT: METAIR CODE: MTA and the Middle East. Group companies operate from 67 facilities, at 37
REG NO: 1948/031013/06 FOUNDED: 1948 LISTED: 1949 locations, covering 114 226 square metres of warehousing space.
SECTOR: Ind—Ind Goods&Srvcs—Support Srvcs—Bus Support Srvcs
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