Page 170 - Profile's Stock Exchange Handbook - 2021 issue 1
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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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