Page 206 - 2021 Issue 2

JSE – REX Profile’s Stock Exchange Handbook: 2021 – Issue 2
Rex Trueform Group Ltd. RFG Holdings Ltd.
REX RFG
ISIN: ZAE000250387 SHORT: REX TRUE CODE: RTO ISIN: ZAE000191979 SHORT: RFG CODE: RFG
ISIN: ZAE000250403 SHORT: REX TRUE6% CODE: RTOP REG NO: 2012/074392/06 FOUNDED: 2012 LISTED: 2014
ISIN: ZAE000250395 SHORT: REX TRUE -N- CODE: RTN NATURE OF BUSINESS: The main business of RFG and its subsidiaries is
REG NO: 1937/009839/06 FOUNDED: 1937 LISTED: 1945 the manufacturing and marketing of convenience meal solutions. These
NATURE OF BUSINESS: The company is a holding company listed on the include fresh and frozen ready meals, pastry-based products, dairy
JSE Ltd. under the Sector: Consumer Services –Retail – General Retailers – products, juice and juice products, fruit purees and concentrates and long
Apparel Retailers. The company and its subsidiaries are collectively life meals including jams, fruits, salads, vegetables, meat and dry packed
referred to as “the group”. The group subsidiaries, Queenspark (Pty) Ltd. foods. The Group's operations are located in South Africa and the Kingdom
and Queenspark (Pty) Ltd. (registered in Namibia), continued their retail of Eswatini (formerly Kingdom of Swaziland).
activities with regard to the sale of ladies’ and men’s clothing, shoes, SECTOR: CnsStp—FoodBev&Tob—Food Producers—Food Products
costume jewellery, related fashion accessories and cosmetics through NUMBER OF EMPLOYEES: 0
brandedQueensparkoutletslocatedinSouthAfricaandNamibia aswellas DIRECTORS: BowerMR(ld ind ne), LeeuwTP(ind ne), Maitisa S
through a Queenspark- branded franchised outlet in Kenya. (ind ne), Njobe B (ind ne), Smart C (ne), WillisGJH(ne), Muthien Dr Y
SECTOR: ConsDiscr—Retail—Retailers—ApparelRetailers G (Chair, ind ne), Henderson B (CEO), Hanekom P (Deputy CEO),
NUMBER OF EMPLOYEES: 554 Schoombie C C (CFO)
DIRECTORS: MolosiwaMR(ind ne), NaylorPM(ld ind ne), Roberts H MAJOR ORDINARY SHAREHOLDERS as at 30 Sep 2020
B(ind ne), SebataneLK(ind ne), GoldingMJA (Chair, ne), Lloyd C Old Mutual 23.40%
(CEO), Franklin D (FD) PSG Konsult 6.90%
MAJOR ORDINARY SHAREHOLDERS as at 30 Jun 2020 Government Employees Pension Fund 5.40%
African & Overseas Enterprises Ltd. 72.60% POSTAL ADDRESS: Private Bag X3040, Paarl, 7620
Ceejay Trust 8.80% MORE INFO: www.sharedata.co.za/sdo/jse/RFG
Geomer Investments (Pty) Ltd. 6.00% COMPANY SECRETARY: B Lakey
POSTAL ADDRESS: PO Box 1856, Cape Town, 8000 TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
MORE INFO: www.sharedata.co.za/sdo/jse/RTO SPONSOR: Rand Merchant Bank (A division of FirstRand Bank Ltd.)
COMPANY SECRETARY: AR Mushabe AUDITORS: Ernst & Young
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
SPONSOR: Java Capital (Pty) Ltd. CAPITAL STRUCTURE AUTHORISED ISSUED
AUDITORS: PricewaterhouseCoopers Inc. RFG Ords no par value 1 800 000 000 262 762 018
DISTRIBUTIONS [ZARc]
CAPITAL STRUCTURE AUTHORISED ISSUED
RTN NOrds no par 120 000 000 17 927 644 Ords no par value Ldt Pay Amt
RTO Ords no par 26 000 000 2 905 805 Final No 6 19 Jan 21 25 Jan 21 28.80
RTOP Prefs 200c ea 140 000 140 000 Final No 5 14 Jan 20 20 Jan 20 27.90
LIQUIDITY: Apr21 Ave 892 982 shares p.w., R12.5m(17.7% p.a.)
DISTRIBUTIONS [ZARc]
NOrds no par Ldt Pay Amt ALSH 40 Week MA RFG
Final No 21 6 Dec 16 12 Dec 16 27.00
3113
Final No 20 4 Dec 15 14 Dec 15 61.00
LIQUIDITY: Apr21 Ave 3 029 shares p.w., R52 581.5(5.4% p.a.) 2719
40 Week MA REX TRUE
2324
2500
1930
2183
1535
1866
1141
2016 | 2017 | 2018 | 2019 | 2020 |
1550
NOTES: Rhodes Food Group Holdings Ltd. was renamed to RFG Holdings
Ltd. on 1 April 2020.
1233
FINANCIAL STATISTICS
916 (R million) Sep 20 Sep 19 Sep 18 Oct 17 Sep 16
2016 | 2017 | 2018 | 2019 | 2020 |
Final Final(rst) Final(rst) Final Final(rst)
NOTES: Rex Trueform Clothing Company Ltd. was renamed to Rex Turnover 5 864 5 414 4 990 4 593 4 146
Trueform Group Ltd. on 31 January 2018.
Op Inc 392 392 314 407 498
FINANCIAL STATISTICS NetIntPd(Rcvd) 95 117 113 84 89
(Amts in ZAR'000) Dec 20 Jun 20 Jun 19 Jun 18 Jun 17 Minority Int - - - - 3
Interim Final Final Final Final
Turnover 226 956 565 765 678 873 587 632 528 759 Att Inc 216 216 154 235 291
154
235
215
219
Op Inc 11 551 - 70 944 24 979 14 082 755 TotCompIncLoss 1 772 1 831 1 777 1 460 293
987
Fixed Ass
NetIntPd(Rcvd) 10 336 21 437 - 8 995 - 4 569 - 4 307 Inv & Loans 10 - - - -
Minority Int 1 155 - 863 - 7 098 - - Tot Curr Ass 2 279 2 194 2 139 1 965 1 745
Att Inc 1 015 - 69 796 42 568 12 803 3 158 Ord SH Int 2 603 2 469 2 309 2 227 1 248
TotCompIncLoss 2 239 - 74 978 35 430 13 060 4 087
Fixed Ass 110 399 121 759 128 065 129 462 128 182 Minority Int 973 8 1 017 8 1 199 9 878 9 787 9
LT Liab
Inv & Loans 4 798 3 562 2 616 829 524 Tot Curr Liab 1 314 1 220 1 067 996 1 066
Tot Curr Ass 232 830 216 759 178 390 192 409 169 120
Ord SH Int 245 575 243 818 312 420 272 507 259 464 PER SHARE STATISTICS (cents per share)
Minority Int 11 036 9 881 8 464 - - HEPS-C (ZARc) 86.70 84.00 63.00 96.90 133.30
LT Liab 379 299 378 620 97 787 19 589 19 731 DPS (ZARc) 28.80 27.90 20.30 31.10 42.20
Tot Curr Liab 135 253 152 761 67 616 56 403 49 553 NAV PS (ZARc) 990.50 939.72 909.79 877.44 564.67
3 Yr Beta 0.31 0.83 0.51 - -
PER SHARE STATISTICS (cents per share) Price High 1 750 1 999 2 376 3 100 2 900
HEPS-C (ZARc) 12.70 - 65.10 73.10 62.20 17.40 Price Low 606 1 424 1 500 1 750 1 877
NAV PS (ZARc) 1 179.00 1 170.00 1 506.00 1 320.00 1 257.00
3 Yr Beta 0.39 0.38 0.66 0.71 - 0.02 Price Prd End 1 290 1 523 1 620 1 830 2 770
RATIOS
Price High 1 800 1 865 2 300 2 500 1 600
Ret on SH Fnd 8.28 8.70 6.66 10.50 23.34
Price Low 916 1 800 1 600 1 056 1 425 Oper Pft Mgn 6.68 7.24 6.29 8.86 12.02
Price Prd End 950 1 800 1 860 2 300 1 500 D:E 0.52 0.58 0.65 0.56 0.90
RATIOS
Ret on SH Fnd 1.69 - 27.85 11.05 4.70 1.22 Current Ratio 1.73 1.80 2.00 1.97 1.64
3.13
3.08
2.87
Div Cover
3.01
2.96
Oper Pft Mgn 5.09 - 12.54 3.68 2.40 0.14
D:E 1.48 1.49 0.30 0.07 0.08
Current Ratio 1.72 1.42 2.64 3.41 3.41
204