Page 138 - 2021 Issue 2

JSE – GRI Profile’s Stock Exchange Handbook: 2021 – Issue 2
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 operates under the brand “Island View Shipping” (“IVS”) includes a fleet
REG NO: 1966/009846/06 FOUNDED: 1966 LISTED: 1986 of 16 handysize drybulk carriers and 15 supramax/ultramax drybulk
NATURE OF BUSINESS: Grindrod, listed on the Johannesburg Stock carriers 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. (“Unicorn”) includes a fleet of three medium range tankers and one small
SECTOR: Inds—IndsGoods & Services—IndsTransport—TransportSer 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: GelinkGG(ind ne), GrindrodWJ(ne), Magara B (ind ne), NASDAQundertheticker “GRIN”andontheJSEundertheticker “GSH”.
Mbambo X F, Polkinghorne D A, SowaziNL(ld ind ne), SECTOR:Inds—IndsGoods&Services—IndsTransport—MarineTransport
UysPJ(ind ne), van WykWO(alt), ZatuZP(ind ne), NUMBER OF EMPLOYEES: 0
Hankinson M J (Chair, ne), Waller A G (CEO), Ally F B (CFO) DIRECTORS: GrindrodMP(ne), Herholdt J (ind ne), HuatQB(ind ne),
MAJOR ORDINARY SHAREHOLDERS as at 31 Dec 2020 UysPJ(ne), van WykWO(alt), Wade M R (CEO, UK), Griffiths
Remgro Ltd. 24.81% S (CFO)
Grindrod Investments (Pty) Ltd. 11.02% MAJOR ORDINARY SHAREHOLDERS as at 11 Sep 2020
Government Employees Pension Fund 9.83%
PSG Konsult 9.31% Industrial Partnership Investments (Pty) Ltd. 22.80%
10.70%
PSG Asset Management (Pty) Ltd.
POSTAL ADDRESS: PO Box 1, Durban, 4000 Grindrod Investments (Pty) Ltd. 10.04%
EMAIL: investorrelations@grindrod.com MORE INFO: www.sharedata.co.za/sdo/jse/GSH
WEBSITE: www.grindrod.com COMPANY SECRETARY: Shirley Lim Guat Hua
TELEPHONE: 031-304-1451 FAX: 031-305-2848
COMPANY SECRETARY: Vicky Commaille TRANSFER SECRETARY: JSE Investor Services (Pty) Ltd.
TRANSFER SECRETARY: JSE Investor Services (Pty) Ltd. SPONSOR: Grindrod Bank Ltd.
SPONSORS: Nedbank Corporate and Investment Banking, a division of AUDITORS: Deloitte
Nedbank Ltd. CAPITAL STRUCTURE AUTHORISED ISSUED
AUDITORS: Deloitte & Touche GSH Ords no par val - 19 310 024
CAPITAL STRUCTURE AUTHORISED ISSUED
GND Ords 0.002c ea 2 750 000 000 698 031 586 LIQUIDITY: Apr21 Ave 54 471 shares p.w., R3.6m(14.7% p.a.)
GNDP Prefs 0.031c ea 20 000 000 7 400 000 40 Week MA GRINSHIP
DISTRIBUTIONS [ZARc] 17899
Pref 0.031c ea Ldt Pay Amt
Final No 29 23 Mar 21 29 Mar 21 312.0 15080
LIQUIDITY: Mar21 Ave 4m shares p.w., R15.2m(27.6% p.a.)
12261
INDT 40 Week MA GRINDROD
9443
1987
6624
1648
3805
1310 2018 | 2019 | 2020 |
FINANCIAL STATISTICS
971
(Amts in USD'000) Dec 20 Dec 19 Dec 18 Dec 17
633 Final Final Final Final (P)
Turnover 279 217 331 046 319 018 355 035
294 Op Inc - 21 236 - 31 445 - -
2016 | 2017 | 2018 | 2019 | 2020 |
NetIntPd(Rcvd) 16 373 9 937 2 730 906
FINANCIAL STATISTICS Minority Int - 2 305 - - -
(R million) Dec 20 Dec 19 Dec 18 Dec 17 Dec 16 Att Inc - 38 795 - 43 487 - 20 640 - 59 684
Final Final(rst) Final(rst) Final(rst) Final(rst) Fixed Ass 475 303 305 197 249 602 238 591
Revenue 3 751 3 834 3 467 3 059 3 288 Inv & Loans 3 150 12 238 11 627 -
Op (Loss) Inc - 193 35 409 426 457 Tot Curr Ass 82 611 91 499 122 949 154 775
NetIntPd(Rcvd) 210 142 - 96 - 167 - 149 Ord SH Int 212 237 251 938 292 503 -
Tax 120 - 9 180 173 195 Minority Int 41 782 - - -
Minority Int - 47 - 1 8 7 - LT Liab 250 179 180 337 98 458 344 554
Att Inc - 415 - 616 2 873 - 583 - 1 908 Tot Curr Liab 117 901 86 792 56 666 130 141
TotCompIncLoss - 281 - 631 3 786 - 1 300 - 3 174 PER SHARE STATISTICS (cents per share)
Hline Erngs-CO - 168 - 153 480 571 209 HEPS-C (ZARc) - 1 892.90 - 1 603.95 - 1 315.50 - 374.08
Fixed Ass 2 888 3 054 2 879 2 650 5 739 NAV PS (ZARc) 16 348.74 19 221.71 22 109.70 -
Inv in Assoc & JV 2 886 2 794 3 747 3 215 4 800 Price High 9 989 11 462 21 900 -
Inv & Loans 6 979 7 211 6 183 6 499 7 675 Price Low 3 201 6 202 6 780 -
Def Tax Asset 152 99 61 59 87 Price Prd End 5 222 9 700 7 536 -
Tot Curr Ass 10 024 13 794 14 003 25 868 16 848 RATIOS
Ord SH Int 8 109 8 607 9 431 13 955 15 752 Ret on SH Fnd - 16.18 - 17.26 - 7.06 -
Minority Int - 150 - 72 52 39 49 Oper Pft Mgn - 7.61 - 9.50 - -
LT Liab 1 837 2 934 2 496 1 742 16 223 D:E 1.20 0.80 0.40 -
Tot Curr Liab 13 808 16 255 15 595 23 266 4 155 Current Ratio 0.70 1.05 2.17 1.19
PER SHARE STATISTICS (cents per share)
EPS (ZARc) - 61.40 - 90.50 382.10 - 77.60 - 254.20 Growthpoint Properties Ltd.
HEPS-C (ZARc) - 24.80 - 22.40 63.90 76.00 27.80
GRO
DPS (ZARc) - 19.20 14.60 - - ISIN: ZAE000179420 SHORT: GROWPNT CODE: GRT
NAV PS (ZARc) 1 075.00 1 146.00 1 285.00 1 763.00 2 007.00 REG NO: 1987/004988/06 FOUNDED: 1987 LISTED: 1987
RATIOS NATURE OF BUSINESS: Growthpoint is a Real Estate Investment Trust
Ret on SH Fnd - 5.81 - 7.22 30.38 - 4.11 - 12.07 (REIT) company with a total property portfolio of R166.7 billion. The
Ret On Tot Ass - 0.42 -0.83 2.67 2.00 1.33 largest South African listed property company which owns a property
Oper Pft Mgn - 5.14 0.91 11.81 13.93 13.89 portfolio of 506 directly owned properties in South Africa. Growthpoint
D:E 0.57 0.53 0.42 0.18 1.07 have an interest in 58 properties in Australia through a 62.2% investment
Current Ratio 0.73 0.85 0.90 1.11 4.06 in Growthpoint Properties Australia (GOZ), 62 properties in Central and
Eastern Europe through a 29.4% investment in Globalworth (GWI) and
Div Cover - - 4.71 26.17 - -
seven community shopping centres in the UK through a 52.1% investment
in Capital & Regional (C&R).
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