Page 74 - SHB 2021 Issue 4

JSE – AEC Profile’s Stock Exchange Handbook: 2021 – Issue 4
NATURE OF BUSINESS: African and Overseas Enterprises has been listed
AECI Ltd. on the JSE since 1948. The company has a controlling interest in Rex
Trueform and its group which has interests in the retailing of fashion
AEC
ISIN: ZAE000000220 SHORT: AECI CODE: AFE apparel, property and water infrastructure sectors.
ISIN: ZAE000000238 SHORT: AECI 5.5%P CODE: AFEP SECTOR: ConsDiscr—Retail—Retailers—ApparelRetailers
REG NO: 1924/002590/06 FOUNDED: 1924 LISTED: 1966 NUMBER OF EMPLOYEES: 0
NATURE OF BUSINESS: AECI is a diversified Group of 16 businesses DIRECTORS: NaylorPM(ld ind ne), RobertsHB(ind ne), Sebatane L K
operating in 26 countries on six continents — Africa, Europe, Asia’s South (ind ne), Molosiwa M R (Chair, ind ne), Golding M (CEO),
Eastern region, Australia, North America and South America. Nel W D (FD)
SECTOR: Basic Materials—Chemicals—Chemicals—Chemicals:Diversified MAJOR ORDINARY SHAREHOLDERS as at 30 Jun 2020
NUMBER OF EMPLOYEES: 7 506 Geomer Investments Pty Ltd. 72.30%
DIRECTORS: Dawson S (ind ne), De BuckFFT(ne), Ceejay Trust 13.50%
Dissinger W (ind ne), Gomwe G (ne, Zim), O'BrienPM(ind ne), Gingko Investments 2 (Pty) Ltd. 6.20%
Ramashia Adv R (ne), Roets M (ind ne), Sibiya P (ne), Mokhele Dr K POSTAL ADDRESS: PO Box 1856, Cape Town, 8000
D K (Chair, ind ne), Dytor M A (CE), Kathan K M (CFO) MORE INFO: www.sharedata.co.za/sdo/jse/AOO
MAJOR ORDINARY SHAREHOLDERS as at 22 Sep 2021 COMPANY SECRETARY: Ardilah Mohamed-Mushabe
Government Employees Pension Fund (PIC) 9.52%
Sanlam Investment Management (Pty) Ltd. 5.02% TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
Coronation Asset Management (Pty) Ltd. 5.01% SPONSOR: Java Capital Trustees and Sponsors (Pty) Ltd.
POSTAL ADDRESS: Private Bag X21, Gallo Manor, 2052 AUDITORS: PricewaterhouseCoopers Inc.
MORE INFO: www.sharedata.co.za/sdo/jse/AFE CAPITAL STRUCTURE AUTHORISED ISSUED
COMPANY SECRETARY: Cheryl Singh AON NOrds 0.25c ea 80 000 000 10 221 921
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd. AOO Ords no par value 10 000 000 1 250 000
SPONSOR: Rand Merchant Bank (A division of FirstRand Bank Ltd.) AOVP 6% Prefs 200c ea 275 000 275 000
AUDITORS: Deloitte & Touche DISTRIBUTIONS [ZARc]
CAPITAL STRUCTURE AUTHORISED ISSUED NOrds 0.25c ea Ldt Pay Amt
AFE Ords 100c ea 180 000 000 109 944 384 Final No 21 12 Dec 16 19 Dec 16 17.00
AFEP Prefs 200c ea 3 000 000 3 000 000 Final No 20 10 Dec 15 21 Dec 15 35.00
DISTRIBUTIONS [ZARc] LIQUIDITY: Oct21 Ave 288 shares p.w., R5 386.0(1.2% p.a.)
Ords 100c ea Ldt Pay Amt GERE 40 Week MA AF & OVR
Interim No 175 31 Aug 21 6 Sep 21 180.00
Final No 174 6 Apr 21 12 Apr 21 470.00 2721
LIQUIDITY: Oct21 Ave 1m shares p.w., R98.5m(50.1% p.a.) 2265
CHES 40 Week MA AECI
1809
11979
1354
9792
898
7604
442
2016 | 2017 | 2018 | 2019 | 2020 | 2021
5417
FINANCIAL STATISTICS
3230
(Amts in ZAR'000) Jun 21 Jun 20 Jun 19 Jun 18 Jun 17
Final Final(rst) Final Final Final
1043
2016 | 2017 | 2018 | 2019 | 2020 | 2021 Turnover 464 961 565 765 678 873 587 632 528 759
Op Inc 48 613 - 75 868 21 809 12 768 - 781
FINANCIAL STATISTICS
(R million) Jun 21 Dec 20 Dec 19 Dec 18 Dec 17 NetIntPd(Rcvd) 16 730 22 025 - 8 943 - 4 616 - 4 386
Interim Final Final Final Final Minority Int 11 550 - 35 015 12 113 5 790 1 438
Turnover 11 802 24 111 24 799 23 314 18 482 Att Inc 10 870 - 43 359 20 118 5 709 147
Op Inc 948 917 2 031 1 999 1 579 TotCompIncLoss 23 161 - 78 330 32 207 11 777 2 707
NetIntPd(Rcvd) 104 278 457 365 167 Fixed Ass 104 113 121 759 128 065 129 462 128 182
Minority Int 15 23 33 34 30 Inv & Loans 2 891 1 785 2 636 835 524
Att Inc 560 133 1 291 990 950 Tot Curr Ass 212 341 217 076 178 574 192 920 170 987
TotCompIncLoss 400 392 1 424 1 443 778 Ord SH Int 141 079 129 451 169 158 149 365 143 519
Fixed Ass 5 796 5 896 5 950 5 990 4 181 Minority Int 132 098 120 705 150 407 123 157 117 276
Inv & Loans 186 176 140 384 391 LT Liab 301 984 376 360 98 005 19 807 19 979
Tot Curr Ass 11 176 12 921 11 249 10 594 8 606 Tot Curr Liab 144 605 154 012 68 921 56 687 49 841
Ord SH Int 10 506 10 641 10 912 10 043 9 234 PER SHARE STATISTICS (cents per share)
Minority Int 168 168 166 156 116 HEPS-C (ZARc) 116.00 - 109.10 44.10 50.20 3.30
LT Liab 4 985 5 037 6 779 6 646 1 614 NAV PS (ZARc) 1 201.00 1 104.00 1 443.00 1 281.00 1 231.00
Tot Curr Liab 6 000 7 789 5 270 5 424 5 001 3 Yr Beta - 0.45 0.42 1.25 0.81 1.28
PER SHARE STATISTICS (cents per share) Price High 2 700 2 720 2 721 1 826 1 600
HEPS-C (ZARc) 529.00 880.00 1 150.00 1 045.00 959.00 Price Low 1 665 2 700 1 826 1 600 1 100
DPS (ZARc) 180.00 570.00 570.00 515.00 478.00 Price Prd End 1 696 2 700 2 720 1 826 1 600
NAV PS (ZARc) 9 556.00 9 679.00 9 925.00 9 135.00 8 399.00 RATIOS
3 Yr Beta 0.85 0.75 0.19 0.35 0.74 Ret on SH Fnd 8.21 - 31.33 10.09 4.22 0.61
Price High 10 760 10 995 11 199 12 100 12 186 Oper Pft Mgn 10.46 - 13.41 3.21 2.17 - 0.15
Price Low 8 241 6 401 7 701 8 239 5 005 D:E 1.11 1.53 0.31 0.07 0.08
Price Prd End 9 831 8 700 10 700 8 351 10 000 Current Ratio 1.47 1.41 2.59 3.40 3.43
RATIOS
Ret on SH Fnd 10.77 1.44 11.95 10.03 10.47 African Dawn Capital Ltd.
Oper Pft Mgn 8.03 3.80 8.19 8.57 8.54
AFR
D:E 0.57 0.65 0.63 0.68 0.24 ISIN: ZAE000223194 SHORT: AFDAWN CODE: ADW
Current Ratio 1.86 1.66 2.13 1.95 1.72 REG NO: 1998/020520/06 FOUNDED: 1997 LISTED: 2004
Div Cover 2.95 0.22 2.15 1.82 1.88 NATURE OF BUSINESS: African Dawn Capital Ltd. (the “Company” or
“Afdawn”) was founded in 1998 as a micro finance business. Following its
African and Overseas Enterprises Ltd. listing on the AltX in 2004, it grew into a niche finance provider
specialising in micro finance and structured property finance. The
AFR Companywantedtorepositionitselfasalistedventurecapitalvehicle. Due
ISIN: ZAE000000485 SHORT: AF & OVR CODE: AOO to a long outstanding SARS liability that could not reach settlement on
ISIN: ZAE000000493 SHORT: AF&OVR 6%PP CODE: AOVP time and the failure of the Dzothe Transaction, this strategy was
ISIN: ZAE000009718 SHORT: AFOVR-N CODE: AON abandoned. All non-core assets were sold and eventually a SARS
REG NO: 1947/027461/06 FOUNDED: 1947 LISTED: 1948 settlement was reached in December 2017.
SECTOR: AltX
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