Page 28 - Profile's Stock Exchange Handbook -2024 Issue 4

NSX – LHN Profile’s Stock Exchange Handbook: 2024 – Issue 4
Letshego Holdings (Namibia) Ltd. Mobile Telecommunications Ltd.
LHN MOC
ISIN: NA000A2DVV41 SHORT: LHN CODE: LHN ISIN: NA000A3CR803 SHORT: MTC LTD CODE: MOC
REG NO: 2016/0145 FOUNDED: 2016 LISTED: 2017 REG NO: 94/458 FOUNDED: 1994 LISTED: 2021
NATURE OF BUSINESS: Letshego Holdings (Namibia) Ltd. is a listed NATURE OF BUSINESS: MTC is the largest mobile telecommunications
public company, which operates within the Republic of Namibia. Its main operator in Namibia, with 2.6 million active subscribers. For over 26 years,
business is holding its investment subsidiaries, namely Letshego Bank MTC has grown revenue and retained customers by providing voice and
(Namibia) Ltd. (‘LBN’) and Letshego Micro Financial Services (Namibia) data services and solutions to post-paid and prepaid individual and
(Pty) Ltd. (‘LMFSN’). LHN holds 99.99% of the issued share capital in business customers through its extensive telecommunications
LBN and 100% of the issued share capital in LMFSN. The Group provides transmission and distribution network, serviced by 35 mobile homes, 29
banking and other financial services to Namibian residents. dealerships (airtime sellers and distributors), 24-hour customer contact
SECTOR: Fins—Banks—Banks—Banks centre, digital channels and a network management and technical quality
NUMBER OF EMPLOYEES: 150 centre (For immediate response to customer complaints).
DIRECTORS: Chigiji K (ind ne), Esterhuyse J J (ind ne), Jobe S (ne), Mbetjiha SECTOR:Telecoms—Telecoms—TelecomServiceProvider—TelecomServices
RM(ne), Mutumba J (ind ne), Nakale MM(ind ne), Ochieng R (ne), von NUMBER OF EMPLOYEES: 848
Blottnitz S B (ind ne), Kali E (CEO), Altmann K (CFO) DIRECTORS: GawaxabTC(ind ne), George Dr F (ne), Hiwilepo T (ne),
MAJOR ORDINARY SHAREHOLDERS as at 31 Dec 2023 Kanime A (ne), Schuckmann W (ind ne), ShipikiRDR(ne), Mberirua T
Botswana Life Insurance (Pty) Ltd. 27.46% (Chair, ind ne), Erastus Dr L R (MD), Smit M J (FD)
FNB Botswana Nominees RE: BIFM – ACT MEM & DP EQ 18.64% MAJOR ORDINARY SHAREHOLDERS as at 30 Sep 2023
Botswana Public Pension Fund Vunani 12.43% NPTH 60.13%
POSTAL ADDRESS: PO Box 11600, Windhoek, Namibia Government Institutions Pension Fund 28.67%
MORE INFO: www.sharedata.co.za/sdo/jse/LHN POSTAL ADDRESS: PO Box 23051, Windhoek, Namibia
COMPANY SECRETARY: Mignon Klein MORE INFO: www.sharedata.co.za/sdo/jse/MOC
TRANSFER SECRETARY: Transfer Secretaries (Pty) Ltd. COMPANY SECRETARY: Ndahambelela Haikali
SPONSOR: IJG Securities (Pty) Ltd. TRANSFER SECRETARY: Transfer Secretaries (Pty) Ltd.
AUDITORS: Ernst & Young Namibia SPONSOR: IJG Securities (Pty) Ltd.
CAPITAL STRUCTURE AUTHORISED ISSUED AUDITORS: Deloitte & Touche Inc.
LHN Ords NAD0.02c ea - 500 000 000 CAPITAL STRUCTURE AUTHORISED ISSUED
DISTRIBUTIONS [NADc] MOC Ords NAD3.3c ea 750 000 000 750 000 000
Ords NAD0.02c ea Ldt Pay Amt DISTRIBUTIONS [NADc]
Interim No 12 1 Nov 24 22 Nov 24 39.89 Ords NAD3.3c ea Ldt Pay Amt
Final No 11 24 May 24 14 Jun 24 36.38 Interim No 6 13 Jun 24 5 Jul 24 33.82
LIQUIDITY: Nov24 Avg 17 211 shares p.w., R75 238.6(0.2% p.a.) Final No 5 12 Jan 24 2 Feb 24 38.80
LIQUIDITY: Nov24 Avg 151 461 shares p.w., R1.2m(1.1% p.a.)
40 Week MA LHN
FTEL 40 Week MA MTC LTD
500
1078
429
960
359
843
288
725
218
608
147
2019 | 2020 | 2021 | 2022 | 2023 | 2024 490
2022 | 2023 | 2024
FINANCIAL STATISTICS
(Amts in NAD’000) Jun 24 Dec 23 Dec 22 Dec 21 Dec 20 FINANCIAL STATISTICS
Interim Final Final Final(rst) Final (Amts in NAD’000) Mar 24 Sep 23 Sep 22 Sep 21 Sep 20
Interest Paid 202 395 349 041 214 435 121 232 98 750 Interim Final Final(rst) Final(rst) Final (P)
Interest Rcvd 453 287 787 250 667 861 588 524 625 704 Turnover 1 572 432 3 049 953 2 905 316 2 802 356 2 685 416
Operating Inc 224 844 395 100 401 950 339 283 466 775 Op Inc 488 254 1 099 709 1 061 273 1 071 979 1 077 338
Attrib Inc 199 465 353 345 350 415 303 229 320 889 NetIntPd(Rcvd) - 34 078 - 48 888 - 62 842 - 18 583 - 40 968
TotCompIncLoss 199 465 353 345 350 415 302 229 320 889 Att Inc 362 320 655 602 641 482 743 335 772 399
Ord SH Int 2 545 569 2 528 449 2 571 048 2 494 486 2 383 449 TotCompIncLoss 362 320 794 175 793 039 743 335 772 399
Dep & OtherAcc 1 048 418 827 978 535 687 389 069 187 893 Fixed Ass 1 616 849 1 633 734 1 544 037 1 423 973 1 260 002
Liabilities 3 974 637 4 052 839 3 221 030 2 811 866 1 799 507 Inv & Loans 1 222 1 525 1 137 961 5 665
Adv & Loans 4 866 797 4 740 307 4 752 702 4 278 481 3 608 616 Tot Curr Ass 1 451 526 1 297 820 1 228 352 1 048 365 1 140 846
ST Dep & Cash 715 352 750 849 320 815 287 048 468 253 Ord SH Int 2 745 006 2 673 625 2 542 825 2 269 431 2 126 149
Total Assets 6 735 291 6 796 373 6 007 163 5 521 437 4 398 041 LT Liab 702 749 663 331 559 817 534 341 479 136
Tot Curr Liab 711 918 626 105 624 611 625 611 657 490
PER SHARE STATISTICS (cents per share)
HEPS-C (ZARc) 40.00 71.00 70.00 61.00 68.00 PER SHARE STATISTICS (cents per share)
DPS (ZARc) 39.89 70.67 74.41 45.48 22.50 HEPS-C (ZARc) 48.31 105.92 105.81 99.11 -
NAV PS (ZARc) 552.00 549.00 557.00 542.00 524.00 DPS (ZARc) 33.82 85.25 79.00 32.00 -
3 Yr Beta 0.27 0.21 0.22 0.09 0.22 NAV PS (ZARc) 366.00 356.48 339.04 302.59 283.49
Price Prd End 465 391 300 196 266 Price High 850 750 891 - -
Price High 465 396 302 266 329 Price Low 715 701 700 - -
Price Low 391 300 150 145 230 Price Prd End 780 715 701 - -
RATIOS RATIOS
Ret on SH Fund 14.45 12.88 12.58 11.19 12.35 Ret on SH Fnd 26.40 24.52 25.23 32.75 36.33
RetOnTotalAss 6.68 5.81 6.69 6.14 10.61 Oper Pft Mgn 31.05 36.06 36.53 38.25 40.12
Interest Mgn 0.07 0.06 0.08 0.08 0.12 D:E 0.26 0.25 0.22 0.24 0.23
LiquidFnds:Dep 0.68 0.91 0.60 0.74 2.49 Current Ratio 2.04 2.07 1.97 1.68 1.74
Div Cover 1.43 1.24 1.08 3.10 -
26