Page 36 - 2021 Issue 2

NSX – FNB Profile’s Stock Exchange Handbook: 2021 – Issue 2
FirstRand Namibia Ltd. Forsys Metals Corporation
FNB FSY
ISIN: NA0003475176 ISIN: CA34660G1046 SHORT: FORSYS CODE: FSY
CODE: FNB REG NO: 34660G FOUNDED: 1985 LISTED: 2007
REG NO: 88/024 NATURE OF BUSINESS: Forsys Metals Corp. (“Forsys”) and its
FOUNDED: 1988 subsidiary companies (collectively the “Company”) are engaged in the
LISTED: 1997 acquisition, exploration and development of mineral properties located in
NATURE OF BUSINESS: Namibia, Africa. The Company’s principal focus is on bringing its wholly
FirstRand Namibia Ltd. is the holding owned Norasa Uranium Project (“Norasa”) into production. Norasa is the
company of the FirstRand Namibia consolidation of the Valencia and Namibplaas Uranium Projects.
group of companies. The group As an exploration stage company, the Company’s income is limited to
provides banking, insurance and investment products and services to retail, interest income and other incidental income. The recoverability of the
commercial, corporate and public sector customers through its portfolio of amounts shown for mineral properties, exploration and evaluation costs
market-leading franchises; FNB, the retail and commercial bank, RMB, the and property, plant and equipment is dependent upon, but not limited to:
corporate and investment bank, WesBank, an instalment finance provider, the existence and economic recovery of mineral reserves in the future; the
OUTsurance, a short-term insurance provider and Ashburton Investments, ability to obtain necessary permits and financing to complete the
an investment management business. exploration and development of these properties; government policies and
SECTOR: Fins—Banks—Banks—Banks regulations; and attaining profitable production or proceeds from the
NUMBER OF EMPLOYEES: 2 287 disposition of properties.
DIRECTORS: Dempsey Mr C (CEO), The Company may be adversely affected by governmental amendments or
Zaamwani-Kamwi Mrs I I (Chair, ind ne), Capelao Mr O L P (CFO), changes to mining laws, regulations and requirements in Namibia. The
Daun Mrs J G (ind ne), Grüttemeyer Mr P (ind ne, Namb), Company’s continued operations are dependent on its ability to secure
Haikali Mr C L R (ind ne), Hausiku Mr J H (ind ne), Khethe Mr J R (ind ne), additional equity capital, divest assets or generate cash flow from
operations in the future, none of which is assured. Forsys is incorporated
Nashandi Mr I N (ne)
MAJOR ORDINARY SHAREHOLDERS as at 31 Dec 2020 under the Business Corporations Act (Ontario) and the primary listing of
its common shares is on the Toronto Stock Exchange, with secondary
FirstRand EMA Holdings (Pty) Ltd. 58.40% listingsontheNamibianStockExchangeandFrankfurtStockExchange.
General Public 26.57%
Government Institutions Pension Fund 15.03% SECTOR:BasicMaterials—BasicResrcs—IndMet&Min—GeneralMining
POSTAL ADDRESS: PO Box 195, Windhoek, Namibia NUMBER OF EMPLOYEES: 0
WEBSITE: www.fnbnamibia.com.na DIRECTORS: Estepa J (ne), Frewin M (ind ne, UK), Matysek P (ind ne),
TELEPHONE: 00264 061-299-2111 Rowly M (Chair, ne), Hilmer M (CEO), Hanna D (CFO)
COMPANY SECRETARY: N Makemba (Mrs) POSTAL ADDRESS: PO Box 909, Toronto, Ontario, M5C 2K3
TRANSFER SECRETARY: Transfer Secretaries (Pty) Ltd. MORE INFO: www.sharedata.co.za/sdo/jse/FSY
SPONSOR: Cirrus Securities (Pty) Ltd. COMPANY SECRETARY: Jorge Estepa
AUDITORS: Deloitte & Touche AUDITORS: BDO
CAPITAL STRUCTURE AUTHORISED ISSUED CAPITAL STRUCTURE AUTHORISED ISSUED
FNB Ords of 0.5c ea 990 000 000 267 593 250 FSY Ords no par val - 96 875 422
DISTRIBUTIONS [NADc]
40 Week MA FORSYS
Ords of 0.5c ea Ldt Pay Amt
Interim No 56 9 Apr 21 30 Apr 21 94.00 1043
Final No 55 2 Oct 20 23 Oct 20 50.00
LIQUIDITY: Mar21 Ave 67 611 shares p.w., R174.4m(1.3% p.a.) 847
651
454
258
62
2016 | 2017 | 2018 | 2019 | 2020 |
FINANCIAL STATISTICS
(Amts in CAD'000) Dec 19 Dec 18 Dec 17 Dec 16
Final Final Final Final
Op Inc - 908 - 366 - 729 - 823
NetIntPd(Rcvd) - - - 1 - 3
FINANCIAL STATISTICS Minority Int - - 1 - 2 -
(NAD million) Dec 20 Jun 20 Jun 19 Jun 18 Jun 17 Att Inc - 908 - 365 - 74 879 - 1 499
Interim Final Final Final Final TotCompIncLoss - 1 240 - 867 - 73 476 2 106
Interest Paid 641 1 845 1 852 1 763 1 521 Fixed Ass 11 354 12 007 15 595 88 309
Interest Rcvd 1 549 3 858 3 865 3 583 3 286 Tot Curr Ass 740 692 314 439
Operating Inc 1 833 3 442 3 699 3 577 3 339 Ord SH Int 14 738 15 610 15 776 88 690
Tax 254 421 547 536 565 Minority Int 6 - 169 - 215 - 185
Minority Int 7 14 14 21 20 Tot Curr Liab 102 205 348 243
Attrib Inc 558 819 1 071 1 040 1 093
TotCompIncLoss 565 836 1 086 1 058 1 113 PER SHARE STATISTICS (cents per share)
Ord SH Int 5 365 4 938 5 353 4 943 4 479 NAV PS (ZARc) 101.04 107.18 1 048.94 718.51
Minority Int 56 62 62 73 62 3 Yr Beta - 0.67 - 0.74 - -
Dep & OtherAcc 35 273 38 545 36 314 32 444 31 681 Price High 283 343 245 -
Liabilities 39 367 40 867 38 726 34 394 33 269 Price Low 122 81 101 -
Inv & Trad Sec 8 298 8 534 7 807 5 266 3 866 Price Prd End 134 259 167 -
Adv & Loans 30 313 29 994 30 298 28 532 28 258 RATIOS
ST Dep & Cash 4 371 5 558 4 194 4 127 4 134 Ret on SH Fnd - 6.16 - 2.37 - 481.21 -
Total Assets 44 788 45 871 44 140 39 410 37 810 Current Ratio 7.25 3.38 0.90 1.81
PER SHARE STATISTICS (cents per share)
EPS (ZARc) 213.40 313.40 409.90 398.10 418.90 Letshego Holdings (Namibia) Ltd.
HEPS-C (ZARc) 212.80 331.80 409.90 397.90 416.20 LHN
DPS (ZARc) 94.00 154.00 458.00 204.00 204.00 ISIN: NA000A2DVV41 SHORT: LHN CODE: LHN
NAV PS (ZARc) 2 053.00 1 888.00 2 050.00 1 892.00 1 716.00 REG NO: 2016/0145 FOUNDED: 2016 LISTED: 2017
3 Yr Beta - 0.06 0.01 0.03 - 0.09 0.17 NATURE OF BUSINESS: Letshego Holdings (Namibia) Ltd. is a listed
RATIOS public company, which operates within the Republic of Namibia. Its main
business is holding its investment subsidiaries, namely Letshego Bank
Ret on SH Fund 21.50 16.00 20.80 22.10 25.60 (Namibia) Ltd. (‘LBN') and Letshego Micro Financial Services (Namibia)
RetOnTotalAss 2.50 1.90 2.60 2.70 3.00 (Pty) Ltd.(‘LMFSN'). LHNholds99.99% ofthe issuedsharecapitalinLBN
Div Cover 2.27 2.00 2.00 1.95 2.05 and 100% of the issued share capital in LMFSN. The Group provides
Interest Mgn 0.04 0.04 0.05 0.05 0.05 banking and other financial services to Namibian residents.
LiquidFnds:Dep 0.12 0.14 0.12 0.13 0.13 SECTOR: Fins—Banks—Banks—Banks
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