Page 78 - SHB 2021 Issue 4
P. 78

JSE – AFR                                Profile’s Stock Exchange Handbook: 2021 – Issue 4
                     Afrimat Ltd.                    Afristrat Investment Holdings Ltd.
        AFR                                        AFR
       ISIN: ZAE000086302  SHORT: AFRIMAT  CODE: AFT  ISIN: ZAE000287587  SHORT: AFRISTRAT  CODE: ATI
       REG NO: 2006/022534/06  FOUNDED: 2005  LISTED: 2006  ISIN: ZAE000288890  SHORT: ATIPREFG  CODE: ATIG
       NATURE OF BUSINESS: Afrimat is a black empowered open pit mining  ISIN: ZAE000288882  SHORT: ATIPREFD  CODE: ATID
        company that supplies beneficiated materials and contracting services to  REG NO: 1998/013215/06  FOUNDED: 1998  LISTED: 1998
        the industrial minerals, building, construction, road building, railroad and  NATURE OF BUSINESS: Afristrat Investment Holdings Ltd. is an African,
        mining sectors. In addition, Afrimat supplies bulk commodities to local  diversified financial services group. The Group invess in equity
        and international markets. It operates in the Western Cape, Eastern Cape,  opportunities in attractive and high-growth sectors in select African
        KwaZulu-Natal, Free State, Northern Cape, Gauteng, Limpopo and  markets. Equity investment activities are sector-agnostic and focused
        Mpumalanga as well as in Mozambique.       towardsinvestingincompanieswithsubstantialpotentialtoachieve above
       SECTOR: Inds—Constr&Mats—Constr&Mats—BldngMats:Other  average equity returns over a medium to long term holding period.
       NUMBER OF EMPLOYEES: 2 270                 SECTOR: Fins—FinServcs—InvBnkng&BrokerServcs— DiversFinServcs
       DIRECTORS: PoolHN(ind ne), Ramukhubathi C,  NUMBER OF EMPLOYEES: 10
        van der MerweJHP(ind ne), Louw F M (Dep Chair, ld ind ne),  DIRECTORS: Beetge C (ne), Maitin Y (ind ne), de Kock T J (CFO),
        CoffeeGJ(ne), Dotwana L (ne), TsukuduPRE(ind ne),  Rayner K A (Chair, ind ne), Nyengedza G (ind ne), PittRMH(ind ne),
        van der MerweJF(ind ne), van WykHJE(ind ne),  Manyere G (CEO)
        von Wielligh M W (Chair, ind ne), van Heerden A J (CEO), de Wit P  MAJOR ORDINARY SHAREHOLDERS as at 31 Mar 2021
        G S (CFO)                                   MHMK Group (Pty) Ltd.            15.84%
       MAJOR ORDINARY SHAREHOLDERS as at 15 Sep 2021  POSTAL ADDRESS: PO Box 39660, Garsfontein East, 0060
         Public Investment Corporation (SOC) Ltd.  13.10%  MORE INFO: www.sharedata.co.za/sdo/jse/ATI
         F du Toit Trust                  12.29%  COMPANY SECRETARY: Nikita Hunter
         African Rainbow Capital (Pty) Ltd.  10.01%  TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
       POSTAL ADDRESS: PO Box 5278, Tyger Valley, 7536  SPONSOR: Merchantec (Pty) Ltd.
       MORE INFO: www.sharedata.co.za/sdo/jse/AFT  AUDITORS: Nexia SAB&T Inc.
       COMPANY SECRETARY: Catharine Burger
       TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.  CAPITAL STRUCTURE  AUTHORISED  ISSUED
       SPONSOR: PSG Capital Ltd.                  ATI  Ords no par value  1 000 000 000 000  59 445 880 668
       AUDITORS: PwC Inc.                         ATID  D Pref @R100ea        -     5 105 216
                                                  ATIG  Pref shares R100 ea   -       60 275
       CAPITAL STRUCTURE   AUTHORISED     ISSUED
       AFT  Ords shrs no par val  1 000 000 000  146 341 193  LIQUIDITY: Oct21 Ave 8m shares p.w., R98 979.2(0.7% p.a.)
       DISTRIBUTIONS [ZARc]                               GENF       40 Week MA  AFRISTRAT
       Ords shrs no par val  Ldt    Pay     Amt                                        65
       Final No 28        14 Jun 21  21 Jun 21  112.00
       Interim No 27     24 Nov 20  30 Nov 20  36.00                                   52
       LIQUIDITY: Oct21 Ave 921 366 shares p.w., R42.6m(32.7% p.a.)                    39
               CONM       40 Week MA   AFRIMAT
                                                                                       27
                                           6150
                                                                                       14
                                           5209
                                                                                       1
                                                     2016  |  2017  |  2018  |  2019  |  2020  |  2021
                                           4268
                                                  NOTES: The company changed it's financial year-end from June 2020 to
                                           3327    March 2020.
                                                  FINANCIAL STATISTICS
                                           2386
                                                  (R million)  Mar 21  Mar 20  Jun 19  Jun 18  Mar 18
                                                                Final  Final  Final  Final  Final
                                           1445
          2016  |  2017  |  2018  |  2019  |  2020  |  2021
                                                  Turnover        -    45   167   467  380
       FINANCIAL STATISTICS                       Op Inc        - 482  - 2 168  - 84  412  240
       (Amts in ZAR'000)  Feb 21  Feb 20  Feb 19  Feb 18  Feb 17  NetIntPd(Rcvd)  31  259  166  261  193
                     Final  Final  Final Final(rst) Final(rst)  Minority Int  - 13  -  -  - 5  - 4
       Turnover   3 693 759 3 304 376 2 966 399 2 380 994 2 228 157  Att Inc  - 538  - 2 020  - 255  102  17
       Op Inc      886 291  600 952  471 152  350 399  406 595  TotCompIncLoss  - 512  - 2 145  - 245  95  14
       NetIntPd(Rcvd)  17 269  27 982  51 935  26 502  5 516  Fixed Ass  8  16  5  4    10
       Minority Int  2 573  2 664  2 852  - 290  1 570  Inv & Loans  200  241  973  804  -
       Att Inc     601 254  462 512  301 363  245 668  277 824  Tot Curr Ass  45  49  84  816  506
       TotCompIncLoss  611 722  461 661  302 812  246 481  272 129  Ord SH Int  - 687  - 2 207  - 62  193  119
       Fixed Ass  2 247 493 1 571 519 1 469 837 1 417 845 1 058 240  Minority Int  - 6  7  -  -  - 8
       Inv Prop        -  3 040  3 040  3 040  3 040  LT Liab    803  3 644  3 213  1 941  1 655
       Tot Curr Ass  1 850 880  909 172  901 720  755 116  749 802  Tot Curr Liab  74  62  22  101  177
       Ord SH Int  2 250 045 1 681 778 1 398 166 1 219 340 1 199 372  PER SHARE STATISTICS (cents per share)
       Minority Int  8 362  7 129  11 351  9 980  7 547  HEPS-C (ZARc)  - 1.16  - 186.50  - 12.64  7.00  0.13
       LT Liab     933 896  507 452  591 198  609 825  362 490  NAV PS (ZARc)  - 1.48  - 204.45  - 5.66  17.92  10.29
       Tot Curr Liab  1 263 017  598 903  686 297  695 570  754 372  3 Yr Beta  1.24  1.75  1.37  0.46  0.20
       PER SHARE STATISTICS (cents per share)     Price High      8    24    63   69    69
       HEPS-C (ZARc)  441.70  347.70  234.10  180.70  196.40  Price Low  1  2  17  9     9
       DPS (ZARc)   148.00  117.00  81.00  62.00  70.00  Price Prd End  1  3  21  65    36
       NAV PS (ZARc)  1 635.00 1 246.00 1 030.00  893.00  881.00  RATIOS
       3 Yr Beta     0.41  0.09  - 0.31  0.16  0.15  Ret on SH Fnd  321.32  91.82  - 4.13  0.53  0.14
       Price High    4 749  3 650  3 180  3 200  3 200  Oper Pft Mgn  - 66 709.00 - 4 767.65  - 50.33  88.32  63.29
       Price Low     2 101  2 665  2 227  2 305  1 800  D:E     - 4.68  - 1.66  - 52.64  9.95  14.91
       Price Prd End  4 430  2 850  2 980  2 903  3 041  Current Ratio  0.60  0.80  3.78  8.07  2.85
       RATIOS
       Ret on SH Fnd  26.74  27.54  21.58  20.03  23.06
       Oper Pft Mgn  23.99  18.19  15.88  14.72  18.25
       D:E           0.70  0.39  0.62  0.70  0.59
       Current Ratio  1.47  1.52  1.31  1.09  0.99
       Div Cover     3.00  2.92  2.73  2.75  2.80
                                               76
   73   74   75   76   77   78   79   80   81   82   83