Page 169 - Profile's Stock Exchange Handbook 2022 Issue 1
P. 169

Profile’s Stock Exchange Handbook: 2022 – Issue 1                       JSE – MOT
                                                  Oper Pft Mgn    4.35   2.91   4.54   4.67
                Motus Holdings Ltd.               D:E             0.69   0.96   0.82   0.81
        MOT                                       Int Cover       6.19   1.47   4.34   5.30
                          ISIN: ZAE000261913      Current Ratio   1.26   1.53   1.41   1.16
                          SHORT: MOTUS            Div Cover       2.78     -    1.94     -
                          CODE: MTH
                          REG NO: 2017/451730/06              NUMBER OF EMPLOYEES: +16 700
                          FOUNDED: 2017                       DIRECTORS: Dempster G W (Chair, ind ne),
                          LISTED: 2018                         Tugendhaft A (Dep Chair, ne), Arbee O S (CEO),
                                                               Janse van Rensburg O J (CFO),
        NATURE OF BUSINESS:                                    CasselKA(Executive),CrousePJS(ind ne),
                                                               Duker B (ind ne), Mayet S (ind ne),
        Motus Holdings Ltd. (“Motus”) is a South African-based  Njeke M J N (ind ne), Roji-Maplanka F (ind ne)
        holding company with a selected international presence  POSTAL ADDRESS:POBox1719, Edenvale,1610
        primarily in the United Kingdom (“UK”) and Australia, as  EMAIL: MotusIR@motuscorp.co.za
        well as a limited presence in South East Asia and Southern and  Scan the QR code to  WEBSITE: www.motus.co.za
        East Africa. Through its subsidiaries and associates, it  visit our website  TELEPHONE: 010-493-4335
                                                              COMPANY SECRETARY: Ntando Simelane
        operates as a diversified (non-manufacturing) business in the  TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
        automotive sector. Motus participates in the entire automo-  SPONSOR: Merchantec Capital
        tive value chain through its four business segments namely:  AUDITORS: Deloitte & Touche
        Import and Distribution, Retail and Rental, Financial Services  BANKERS: First National Bank Ltd., Nedbank Ltd., The Standard Bank of
        and Aftermarket Parts.                     South Africa Ltd.
        TheactivitiesofMotus’businesssegmentsaredescribedbelow:  CALENDAR  Expected   Status
        *Import and Distribution: Importer and distributor of  Next Interim Results  22 Feb 2022  Confirmed
        passenger, light commercial vehicles and parts to serve a  Next Final Results  31 Aug 2022  Confirmed
        network of dealerships, car rental companies, fleets and gov-
        ernment institutions in South Africa.     Annual General Meeting  Nov 2022  Unconfirmed
        *Retail and Rental: Retailer of new and pre-owned passenger  CAPITAL STRUCTURE  AUTHORISED  ISSUED
        and commercial vehicles across all segments in South Africa  MTH  Ords no par val  394 999 000  187 088 502
        and the UK, and passenger vehicles in Australia. Selling of  DISTRIBUTIONS [ZARc]
        parts and accessories. Servicing and maintenance of vehicles.  Ords no par val  Ldt  Pay  Amt
        Rental of passenger and light commercial vehicles.  Final No 4  20 Sep 21  27 Sep 21  255.00
        *Financial Services: Manager and administrator of service,  Interim No 3  23 Mar 21  29 Mar 21  160.00
        maintenance and  warranty  plans.  Develop  and  sell  Final No 2  17 Sep 19  23 Sep 19  250.00
        value-added products and services. Provider of fleet manage-  Interim No 1  18 Mar 19  25 Mar 19  240.00
        ment services and business process outsourcing through so-  LIQUIDITY: Nov21 Avg 2m shares p.w., R211.4m(67.6% p.a.)
        phisticated technology and call centre capabilities. Leading  GERE  40 Week MA  MOTUS
        the Group’s innovation centre
        *Aftermarket Parts: Distributor, wholesaler and retailer of ac-
        cessories and parts for out-of-warranty vehicles through retail                9125
        and franchised stores, and specialised workshops supported
                                                                                       7526
        by distribution centres in South Africa, Taiwan and China.
                                                                                       5926
       SECTOR: ConsDisr—Retail—Retailers—SpecialityRetaillers
       MAJOR ORDINARY SHAREHOLDERS as at 30 Jun 2021                                   4327
         Public Investment Corporation    12.02%
         Ukhamba Holdings (Pty) Ltd. (SA)  9.04%                                       2727
         M&G Investment Management (UK)    7.17%         2019   |    2020   |    2021
       FINANCIAL STATISTICS                       Recent Announcements
       (Amts in ZAR’000)  Jun 21  Jun 20  Jun 19  Jun 18  Thursday, 18 November 2021: An initial review by management of
                      Final  Final  Final  Final (P)  the financial results for the six-months ending 31 December
       Turnover    87 205 000  73 417 000  79 711 000  77 001 000
                                                   2021 has indicated that:
       Op Inc       3 795 000  2 136 000  3 620 000  3 593 000  Projection for the six months to 31 December 2021 and Actual
       NetIntPd(Rcvd)  543 000  1 116 000  774 000  737 000  for the six months to 31 December 2020
       Tax           718 000  356 000  714 000  897 000  Earnings per share (EPS) - Growth in excess of 20% (609 cents
       Minority Int  44 000  - 121 000  28 000  - 33 000  per share); 507 cents per share
       Att Inc      2 098 000  306 000  1 868 000  2 346 000
       TotCompIncLoss  820 000  1 426 000  1 680 000  2 544 000  Headline earnings per share (HEPS) - Growth in excess of
       Hline Erngs-CO  2 145 000  550 000  1 977 000  1 991 000  20%(632 cents per share); 526 cents per share
                                                   A further trading statement will be released once the Group has
       Fixed Ass    6 872 000  7 625 000  7 023 000  6 786 000
       Inv in Assoc  289 000  232 000  258 000  348 000  a greater degree of certainty with regards to its financial results
       Inv & Loans   526 000  504 000  684 000  653 000  for the six-months ending 31 December 2021.
       Def Tax Asset  1 286 000  1 302 000  1 048 000  782 000  Operational update
       Tot Curr Ass  25 157 000  29 919 000  28 586 000  26 917 000  New vehicle markets
       Ord SH Int  12 052 000  12 508 000  11 875 000  11 640 000  Vehicle sales are continuing to recover despite the erratic
       Minority Int  114 000  - 56 000  - 37 000  4 000  vehicle supplies being experienced by Original Equipment Man-
       LT Liab      6 332 000  11 674 000  6 716 000  1 914 000  ufacturers (OEMs). The growth in vehicle sales bears testimony
       Tot Curr Liab  19 959 000  19 552 000  20 318 000  23 158 000  to consumers’ resilience (both private and corporate) amid
                                                   difficult credit conditions.
       PER SHARE STATISTICS (cents per share)
       EPS (ZARc)   1 153.00  165.00  953.00  1 162.00  Averagemonthlynewvehiclesalesreportedbynaamsa,TheAuto-
       HEPS-C (ZARc)  1 179.00  296.00  1 009.00  986.00  motive Business Council for South Africa, are 40 000 vehicles.
       Pct chng p.a.  298.3  - 70.7   2.3     -    Managementprojectsannualnewvehiclesalestobebetween440
       DPS (ZARc)    415.00     -   490.00    -    000 and 460 000 vehicles for the calendar year ending 31
       Pct chng p.a.     -  - 100.0    -      -    December 2021, compared to 380 500 vehicles in the compara-
       NAV PS (ZARc)  6 586.00  6 653.00  6 185.00  5 762.00  tive period, and between 470 000 and 490 000 vehicles for the
       Price High    10 114  8 598  10 238    -    financial year ending 30 June 2022, compared to 445 319 vehicles
       Price Low      2 514  2 300  7 152     -    in the comparative period. Motus’ increased market share to date
       Price Prd End  9 334  3 062  7 312     -    has been supported by an expansion of its vehicle range, particu-
       RATIOS                                      larly in the growing entry level and small to medium SUV catego-
       Ret on SH Fnd  17.61   1.49  16.02  19.86   ries, coupled with exciting new model launches.
       Ret On Tot Ass  8.93   2.48   7.64   8.16
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