Page 105 - Profile's Stock Exchange Handbook - 2021 Issue 3

Profile’s Stock Exchange Handbook: 2021 – Issue 3 JSE – CAS
WEBSITE: www.cashbuild.co.za
Cashbuild Ltd. TELEPHONE: 011-248-1500
FAX: 086-666-3291
CAS
COMPANY SECRETARY: Takalani Nengovhela
TRANSFER SECRETARY: JSE Investor Services
(Pty) Ltd.
SPONSOR: Nedbank CIB
AUDITORS: PwC Inc.
BANKERS: First National Bank, Nedbank Ltd.,
Scan the QR code to Standard Bank of SA Ltd.
visit our website
ISIN: ZAE000028320 SHORT: CASHBIL CODE: CSB
REG NO: 1986/001503/06 FOUNDED: 1978 LISTED: 1986 CALENDAR Expected Status
NATURE OF BUSINESS: Next Final Results Sep 2021 Unconfirmed
Cashbuild is southern Africa’s largest retailer of quality Annual General Meeting Nov 2021 Unconfirmed
building materials and associated products, selling direct to a Next Interim Results Mar 2022 Unconfirmed
cash-paying customer base through our chain ofstores (317 at CAPITAL STRUCTURE AUTHORISED ISSUED
CSB Ords 1c ea 35 000 000 24 989 811
the end of this reporting period which includes 58 P&L DISTRIBUTIONS [ZARc]
Hardware stores and 1 DIY store). Cashbuild carries an Ords 1c ea Ldt Pay Amt
in-depth quality product range tailored to the specific needs of Interim No 56 23 Mar 21 29 Mar 21 724.00
the communities we serve. Our customers are typically Final No 55 21 Sep 20 28 Sep 20 272.00
home-builders and improvers, contractors, farmers, traders, Interim No 54 24 Mar 20 30 Mar 20 435.00
as well as all other customers requiring quality building Final No 53 23 Sep 19 30 Sep 19 420.00
materials at the best value. LIQUIDITY: Mar21 Ave 264 708 shares p.w., R49.0m(55.1% p.a.)
Cashbuild has built its credibility and reputation by consis- GERE 40 Week MA CASHBIL
tently offering its customers quality building materials at the
best value and through a purchasing and inventory policy that
42625
ensures customers’ requirements are always met.
SECTOR: ConsDiscr—Retail—Retailers—HomeImprovementRetailers 34773
MAJOR ORDINARY SHAREHOLDERS as at 27 Dec 2020
Allan Gray (Pty) Ltd. 23.12% 26920
SRA Investments (Pty) Ltd. 17.57%
Goldrick P K 9.76% 19068
FINANCIAL STATISTICS
11216
(R million) Jun 19 2016 | 2017 | 2018 | 2019 | 2020 |
Dec 20 Jun 20 (53 wks) Jun 18 Jun 17
Interim Final Final Final(rst) Final(rst) Recent Announcements
Turnover 6 695 10 091 10 821 10 207 9 730 Monday, 31 May 2021: Shareholders are advised that Ms Hester
Op Inc 576 520 559 543 620 Hickey has resigned from the Board of Directors of Cashbuild
NetIntPd(Rcvd) 31 126 - 54 - 51 - 37 (the “Board”) effective 31 May 2021 to pursue other opportuni-
Tax 181 121 180 169 188 ties. Hester also resigns as Chairperson of the Audit and Risk
Minority Int 2 5 5 5 4 Committee as well as member of the Social and Ethics and In-
Att Inc 362 267 427 421 465
TotCompIncLoss 353 299 437 431 449 vestment Committees.
Hline Erngs-CO 350 259 434 424 464 Friday, 28 May 2021: Cashbuild shareholders are referred to the
Fixed Ass 2 397 2 395 1 129 1 100 979 SENS announcement released by the Company on 4 August
Inv & Loans 58 58 28 - - 2020 where it announced that it had entered into a definitive
Def Tax Asset 120 99 66 46 27 sale and purchase agreement (“SPA”) on 3 August 2020 with
Tot Curr Ass 4 641 3 371 2 279 2 635 2 257 Pepkor Holdings Limited (“Pepkor”) to acquire 100% of the
Ord SH Int 2 409 2 117 2 157 1 890 1 656 issued share capital of The Building Company (Pty) Ltd.
Minority Int 35 38 31 28 23 (“TBC”) (the “Transaction”).
LT Liab 1 463 1 468 224 205 198 Competition Commission recommendation
Tot Curr Liab 3 732 2 723 1 583 2 177 1 863
The Competition Commission has today announced their rec-
PER SHARE STATISTICS (cents per share) ommendation that the Transaction be prohibited as, in their
EPS (ZARc) 1 594.72 1 176.70 1 881.30 1 851.60 2 047.70
HEPS-C (ZARc) 1 540.70 1 138.50 1 910.40 1 866.50 2 045.20 view, the merger will result in a substantial prevention or
Pct chng p.a. 170.7 - 40.4 2.4 - 8.7 8.1 lessening of competition in the market for building materials,
Tr 5yr av grwth % - 5.51 - 5.60 10.60 12.7 10.2 hardware and related products in South Africa.
DPS (ZARc) 724.00 707.00 855.00 842.00 930.00 It should be noted that this is only a recommendation at this
Pct chng p.a. 2.4 - 17.3 1.5 - 9.5 - 7.1 stage and the Competition Tribunal must still hear arguments
Tr 5yr av grwth % -4.9 -6.72 3.73 9.78 13.81 from all parties before determining a ruling.
NAV PS (ZARc) 9 640.00 8 470.00 8 636.00 7 561.00 6 642.00 Monday, 19 April 2021: Revenue for the third quarter for the
3 Yr Beta 0.94 0.88 - 0.07 0.22 1.12 Cashbuild Group was up 21% on the third quarter of the prior
Price High 23 500 29 533 34 500 52 649 46 000
Price Low 23 026 14 001 23 002 29 005 32 100 financial year. The 299 existing stores’ revenue increased by
Price Prd End 23 101 14 258 26 715 33 000 35 000 19%andthe18newstores(openedsinceJuly2019)contributed
RATIOS 2%. This together with the growth reported in the first half,
Ret on SH Fnd 14.91 12.65 19.77 22.17 27.96 equates to an increase in revenue for the year to date of 21%.
Ret On Tot Ass 9.54 4.30 10.82 9.89 12.64 Transactions through the tills during the third quarter for the
Oper Pft Mgn 8.60 5.16 5.17 5.32 6.37 Cashbuild Group increased by 14% to that of the comparative
D:E 0.21 0.19 0.08 0.12 0.12 period, with new stores contributing 2% while existing stores
Int Cover 7.40 2.72 133.42 172.83 163.80 increased by 12%.
Current Ratio 1.24 1.24 1.44 1.25 1.21 Selling inflation was 6.3% at the end of March 2021 when
Div Cover 2.20 1.66 2.20 2.20 2.20
NUMBER OF EMPLOYEES: 6 490 compared to March 2020.
DIRECTORS: KnockAGW (Chair, ind ne), de Jager W F (CEO), During the third quarter the Group opened four new stores
Bosman M (ind ne), Lushaba DrDSS(ind ne), Prowse A E (FD), (three Cashbuild and one P&L Hardware) and closed four P&L
Tapon NjamoGM(ind ne), Thoresson S A, van Aswegen W P Hardware stores at the expiration oftheir lease agreements. The
POPULAR BRAND NAMES: Cashbuild, Champion Cement, Champion Group also relocated two stores (one Cashbuild and one P&L
Paint, P&L Hardware
POSTAL ADDRESS: PO Box 90115, Bertsham, 2013 Hardware) and refurbished one Cashbuild store, bringing the
totalnumberofstorestradingattheendofthequarterto317.
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