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JSE – BID Profile’s Stock Exchange Handbook: 2024 – Issue 3
The Bidvest Group Ltd. Blue Label Telecoms Ltd.
BID BLU
ISIN: ZAE000117321 SHORT: BIDVEST CODE: BVT ISIN: ZAE000109088 SHORT: BLUETEL CODE: BLU
REG NO: 1946/021180/06 FOUNDED: 1988 LISTED: 1990 REG NO: 2006/022679/06 FOUNDED: 2001 LISTED: 2007
NATURE OF BUSINESS: Bidvest is a leading B2B services, trading and NATURE OF BUSINESS: Blue Label Telecoms’ core business is the virtual
distribution Group operating in the areas of consumer, pharmaceutical distribution of secure electronic tokens of value and transactional services
and industrial products, outsourced hard and soft services, financial across its global footprint of touch points. The Group’s stated strategy is to
services, freight management, office and print solutions, travel services extend its global footprint of touch points, both organically and
and automotive retailing. acquisitively, to meet the significant demand for the delivery of multiple
SECTOR: Inds—IndsGoods&Services—GeneralIndustr—DiversIndustr prepaid products and services through a single distributor, across various
NUMBER OF EMPLOYEES: 121 344 delivery mechanisms and via numerous merchants or vendors.
DIRECTORS: KhanyileFN(ind ne), KhumaloMG(ind ne), SECTOR:Telecoms—Telecoms—TelecomServiceProvider—TelecomServices
Mabaso-KoyanaSN(ind ne), McMahon G C, Mokate DrRD(ld ind ne), NUMBER OF EMPLOYEES: 2 505
ThomsonNW(ind ne), Mohale B (Chair, ind ne), Madisa N T (CEO), DIRECTORS: Masondo H (ind ne), MnxasanaNP(ind ne), Mthimunye J
Steyn M (CFO) (ind ne), MthimunyeLE(ind ne), VilakaziJS(ind ne), Nestadt L
MAJOR ORDINARY SHAREHOLDERS as at 06 Jun 2024 M (Chair, ind ne), Levy B M (Joint CEO), Levy M S (Joint CEO),
Government Employees Pension Fund 20.62% Suntup D (FD)
Lazard Asset Managers LLC 5.21% MAJOR ORDINARY SHAREHOLDERS as at 31 May 2023
GIC Private Ltd. 5.00% Shotput Investments (Pty) Ltd. 10.95%
POSTAL ADDRESS: PO Box 87274, Houghton, Johannesburg, 2041 Levy B M 9.56%
MORE INFO: www.sharedata.co.za/sdo/jse/BVT Levy M S 8.75%
COMPANY SECRETARY: Nonqaba Katamzi POSTAL ADDRESS: PO Box 652261, Benmore, 2010
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd. MORE INFO: www.sharedata.co.za/sdo/jse/BLU
SPONSOR: Investec Bank Ltd. COMPANY SECRETARY: Janine van Eden
AUDITORS: PwC Inc. TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
SPONSOR: Investec Bank Ltd.
CAPITAL STRUCTURE AUTHORISED ISSUED
BVT Ords 5c ea 540 000 000 340 274 346 AUDITORS: SNG Grant Thornton Inc.
CAPITAL STRUCTURE AUTHORISED ISSUED
DISTRIBUTIONS [ZARc] BLU Ords 0.0001c ea 2 000 000 000 913 655 873
Ords 5c ea Ldt Pay Amt
Interim No 52 25 Mar 24 2 Apr 24 467.00 DISTRIBUTIONS [ZARc]
Final No 51 26 Sep 23 2 Oct 23 439.00 Ords 0.0001c ea Ldt Pay Amt
Final No 8 12 Sep 17 18 Sep 17 40.00
LIQUIDITY: Jul24 Avg 5m shares p.w., R1 335.5m(79.1% p.a.)
Final No 7 13 Sep 16 19 Sep 16 36.00
GENI 40 Week MA BIDVEST
LIQUIDITY: Jul24 Avg 4m shares p.w., R14.0m(24.0% p.a.)
28735
FTEL 40 Week MA BLUETEL
25053 920
21371 769
17690 618
14008 468
10326 317
2019 | 2020 | 2021 | 2022 | 2023 | 2024
FINANCIAL STATISTICS 166
2019 | 2020 | 2021 | 2022 | 2023 | 2024
(R million) Dec 23 Jun 23 Jun 22 Jun 21 Jun 20
Interim Final Final(rst) Final Final(rst) FINANCIAL STATISTICS
Turnover 62 163 114 912 99 929 88 315 76 543 (R million) Nov 23 May 23 May 22 May 21 May 20
Op Inc 6 500 11 443 9 730 7 891 5 340 Interim Final Final Final Final
NetIntPd(Rcvd) 1 247 2 007 1 592 1 471 1 430 Turnover 7 581 18 918 17 806 18 821 21 135
Minority Int 196 394 376 278 276 Op Inc 625 1 126 1 524 1 171 636
Att Inc 3 266 5 973 5 072 3 845 - 463 NetIntPd(Rcvd) 107 271 120 72 152
TotCompIncLoss 3 014 7 669 5 533 3 569 - 68 Minority Int 7 19 65 47 95
Fixed Ass 17 345 16 457 14 902 14 108 14 426 Att Inc 406 269 1 027 831 124
Inv & Loans 1 048 3 002 2 378 2 759 2 032 TotCompIncLoss 407 286 1 099 821 221
Tot Curr Ass 42 438 43 223 40 329 33 188 36 807 Fixed Ass 202 224 195 194 199
Ord SH Int 34 016 32 992 28 367 25 538 23 159 Inv & Loans 66 65 49 44 37
Minority Int 3 337 3 340 3 509 3 253 3 482 Tot Curr Ass 8 905 9 018 9 830 8 629 7 996
LT Liab 34 422 32 291 30 592 24 338 32 143 Ord SH Int 4 747 4 328 4 088 3 198 2 441
Tot Curr Liab 39 240 38 528 33 549 33 271 31 558 Minority Int 103 112 100 35 44
LT Liab 802 2 247 784 238 209
PER SHARE STATISTICS (cents per share) Tot Curr Liab 8 836 8 032 8 358 7 980 7 660
HEPS-C (ZARc) 987.90 1 794.80 1 442.00 1 183.30 553.20
DPS (ZARc) 467.00 876.00 744.00 600.00 282.00 PER SHARE STATISTICS (cents per share)
NAV PS (ZARc) 10 008.00 9 695.76 8 346.00 7 514.00 6 816.00 HEPS-C (ZARc) 45.91 41.97 117.34 83.32 48.73
3 Yr Beta 0.47 0.77 0.80 0.84 0.78 NAV PS (ZARc) 519.57 489.82 466.23 363.66 267.29
Price High 29 773 27 250 23 636 20 178 22 617 3 Yr Beta 0.66 0.57 1.25 1.59 1.57
Price Low 23 123 19 284 17 509 12 648 12 639 Price High 400 750 664 543 522
Price Prd End 25 229 26 163 20 959 19 046 14 204 Price Low 235 341 402 240 152
RATIOS Price Prd End 375 362 563 460 253
Ret on SH Fnd 18.53 17.52 17.09 14.32 - 0.70 RATIOS
Oper Pft Mgn 10.46 9.96 9.74 8.93 6.98 Ret on SH Fnd 17.04 6.49 26.08 27.16 8.82
D:E 1.36 1.24 1.30 1.30 1.73 Oper Pft Mgn 8.25 5.95 8.56 6.22 3.01
Current Ratio 1.08 1.12 1.20 1.00 1.17 D:E 0.92 1.01 0.69 0.60 1.02
Div Cover 2.06 2.01 2.01 1.89 - 0.48 Current Ratio 1.01 1.12 1.18 1.08 1.04
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