Page 185 - Profile's Stock Exchange Handbook -2024 Issue 4

Profile’s Stock Exchange Handbook: 2024 – Issue 4 JSE – SAC
SA Corporate Real Estate Ltd. Safari Investments RSA Ltd.
SAC SAF
ISIN: ZAE000203238 SHORT: SA CORP CODE: SAC ISIN: ZAE000188280 SHORT: SAFARI CODE: SAR
REG NO: 2015/015578/06 FOUNDED: 1995 LISTED: 1995 REG NO: 2000/015002/06 FOUNDED: 2000 LISTED: 2014
NATURE OF BUSINESS: SA Corporate is a JSE-listed Real Estate NATURE OF BUSINESS: Safari Investments RSA Ltd. is a real estate
Investment Trust (“REIT”) and, together with its subsidiaries, owns a investment trust (“REIT”) listed on the JSE that specialises in high-quality
diversified portfolio of quality industrial, retail and residential buildings, retail property assets. Safari’s portfolio consists of convenience and small
primarily located in the major metropolitan areas of South Africa, with a regional shopping centres that generate value for stakeholders through
secondary node in Zambia. stable returns.
SACorporate,establishedin1995, isoneoftheoldestestablishedproperty SECTOR: RealEstate—RealEstate—REITS—Retail
companies in the South African market. NUMBER OF EMPLOYEES: 33
SECTOR: RealEstate—RealEstate—REITS—Diversified DIRECTORS: HeronGJ(ind ne), Matshoba-RamuedzisiMT(ld ind ne),
NUMBER OF EMPLOYEES: 499 PienaarPA(ind ne), Herring S (Chair, ne, UK), Engelbrecht D C (CEO),
DIRECTORS: Ford-Hoon N (ind ne), Hendricks E (ind ne), Venter W L (CFO)
HeronGJ(ind ne), Mafoyane S (ind ne), Mojalefa S J, MAJOR ORDINARY SHAREHOLDERS as at 30 Jun 2024
MosetlhiOR(ld ind ne), Moloto A (Chair, ind ne), Mackey T R (CEO), Heriot Properties (Pty) Ltd. 48.64%
Moodley S (CFO), Radebe N (COO) Thibault REIT Ltd. 10.07%
MAJOR ORDINARY SHAREHOLDERS as at 16 May 2024 POSTAL ADDRESS: 410 Lynnwood Road, Lynnwood, Pretoria, 0081
Government Employees Pension Fund 17.27% MORE INFO: www.sharedata.co.za/sdo/jse/SAR
Old Mutual Group 11.93% COMPANY SECRETARY: Pieter van Niekerk
Peresec Prime Brokers (Pty) Ltd. 11.82% TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
POSTAL ADDRESS: Suite 95, Private Bag X 9976, Sandton City, 2146 SPONSOR: Valeo Capital (Pty) Ltd.
MORE INFO: www.sharedata.co.za/sdo/jse/SAC AUDITORS: BDO South Africa Inc.
COMPANY SECRETARY: Jacqui Grove
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd. CAPITAL STRUCTURE AUTHORISED ISSUED
SPONSORS: Nedbank Corporate and Investment Banking, a division of SAR Ords no par value 2 000 000 000 257 826 016
Nedbank Ltd. DISTRIBUTIONS [ZARc]
AUDITORS: PwC Inc. Ords no par value Ldt Pay Amt
CAPITAL STRUCTURE AUTHORISED ISSUED Final No 22 15 Oct 24 21 Oct 24 17.00
SAC Ords no par 4 000 000 000 2 514 732 095 Final No 21 9 Jul 24 15 Jul 24 31.00
DISTRIBUTIONS [ZARc] LIQUIDITY: Oct24 Avg 162 046 shares p.w., R900 584.5(3.3% p.a.)
Ords no par Ldt Pay Amt REIV 40 Week MA SAFARI
Interim No 59 15 Oct 24 21 Oct 24 12.11
Final No 58 16 Apr 24 22 Apr 24 11.79 699
LIQUIDITY: Oct24 Avg 28m shares p.w., R71.4m(58.2% p.a.) 597
REIV 40 Week MA SA CORP
494
423
392
355
289
286
187
2019 | 2020 | 2021 | 2022 | 2023 | 2024
217
FINANCIAL STATISTICS
149 (Amts in ZAR’000) Jun 24 Mar 24 Mar 23 Mar 22 Mar 21
Final Final Final Final Final
80 NetRent/InvInc 398 334 320 819 302 279 258 278 225 719
2019 | 2020 | 2021 | 2022 | 2023 | 2024
Total Inc 408 873 329 931 338 774 297 020 236 521
FINANCIAL STATISTICS Attrib Inc 402 354 328 222 322 912 253 735 267 579
(R million) Jun 24 Dec 23 Dec 22 Dec 21 Dec 20 TotCompIncLoss 402 354 328 222 322 912 253 735 267 579
Interim Final(rst) Final(rst) Final Final(rst) Ord UntHs Int 2 583 774 2 594 377 2 429 069 2 274 477 2 149 190
NetRent/InvInc 714 1 197 1 007 1 125 1 090 Investments 1 500 1 500 1 500 1 500 -
Total Inc 732 1 246 1 041 1 164 1 142 FixedAss/Prop 3 862 439 3 693 619 3 536 403 3 213 425 3 246 730
Attrib Inc 406 1 209 819 621 - 1 494 Tot Curr Ass 61 473 55 484 65 524 93 597 133 758
TotCompIncLoss 431 1 263 887 696 - 1 438 Total Ass 4 107 027 4 065 618 3 807 198 3 646 553 3 554 149
Ord UntHs Int 11 152 11 035 10 321 10 066 10 093 Tot Curr Liab 241 835 65 736 391 888 86 877 837 661
Investments - - 53 163 113 PER SHARE STATISTICS (cents per share)
FixedAss/Prop 17 479 17 320 14 137 13 704 14 691 HEPS-C (ZARc) 77.00 56.60 69.00 64.27 37.92
Tot Curr Ass 728 734 969 757 576 DPS (ZARc) 78.00 61.00 65.00 57.00 42.00
Total Ass 20 158 19 933 17 534 17 126 18 033 NAV PS (ZARc) 1 006.00 994.00 915.00 882.00 834.00
Tot Curr Liab 2 662 1 375 806 674 1 777 3 Yr Beta 0.02 - 0.14 - 0.47 - 0.22 - 0.09
Price Prd End 560 560 560 550 380
PER SHARE STATISTICS (cents per share)
HEPS-C (ZARc) 14.34 22.98 30.96 48.44 6.34 Price High 639 639 600 560 424
DPS (ZARc) 12.11 23.18 24.15 33.16 17.93 Price Low 501 501 501 340 280
NAV PS (ZARc) 428.01 423.65 410.00 400.30 383.00 RATIOS
3 Yr Beta 0.36 0.41 1.46 1.68 1.58 RetOnSH Funds 15.57 12.65 13.29 11.16 12.45
Price Prd End 259 232 240 235 173 RetOnTotAss 9.96 8.12 8.90 8.15 6.65
Price High 281 254 264 237 321 Debt:Equity 0.52 0.53 0.54 0.58 0.63
Price Low 220 174 181 150 74 OperRetOnInv 10.31 8.68 8.54 8.03 6.95
RATIOS OpInc:Turnover 58.57 59.74 66.16 62.08 65.86
RetOnSH Funds 7.27 10.96 7.94 6.17 - 14.80
RetOnTotAss 7.72 6.56 7.38 6.62 6.03
Debt:Equity 0.74 0.74 0.62 0.64 0.72
OperRetOnInv 8.17 6.95 7.22 8.21 7.44
OpInc:Turnover 48.90 48.26 49.30 53.01 52.86
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