Page 77 - Profile's Stock Exchange Handbook -2024 Issue 4

Profile’s Stock Exchange Handbook: 2024 – Issue 4 JSE – AHV
AH-Vest Ltd. Alexander Forbes Group Holdings Ltd.
AHV ALE
ISIN: ZAE000129177 SHORT: AH-VEST CODE: AHL ISIN: ZAE000191516 SHORT: AFORBES CODE: AFH
REG NO: 1989/000100/06 FOUNDED: 1988 LISTED: 1998 REG NO: 2006/025226/06 FOUNDED: 1935 LISTED: 2014
NATURE OF BUSINESS: AH-Vest manufactures food sauces and NATURE OF BUSINESS: Alexforbes is a financial services group that
condiments for supply to retail chains (branded and private label products), impacts people’s lives by delivering insight and advice to individuals,
independent traders and the catering industry. Some of the well established employers and retirement funds.
brands are All Joy and Veri Peri, which enjoy strong brand recognition. SECTOR: Fins—FinServcs—InvBnkng&BrokerServcs—AssMgrs&Custodians
SECTOR: AltX NUMBER OF EMPLOYEES: 2 467
NUMBER OF EMPLOYEES: 296 DIRECTORS: Dippenaar M (ne), Dlamini K D (ind ne), Herbert G W (ne),
DIRECTORS: Appelgryn M S (ld ind ne), Darsot S, Darsot R, Speirs U (ind ne), Mazwai A (ind ne), MedupeN(ind ne), Molope CWN(ind ne),
Takolia H (Chair, ind ne), Darsot M (CEO), Sambaza C (FD) Nkadimeng M R (ne), Pavan D (ne), Roux R (Chair Designate, ind ne),
MAJOR ORDINARY SHAREHOLDERS as at 30 Jun 2024 Bydawell B (CFO), Head R M (ind ne, UK), de Villiers D J (CEO)
Eastern Trading Company (Pty) Ltd. 72.36% MAJOR ORDINARY SHAREHOLDERS as at 05 Jan 2024
Farm Food Holdings (Pty) Ltd. 23.33% ARC Financial Services Investments (Pty) Ltd. 42.30%
POSTAL ADDRESS: PO Box 100, Eikenhof, 1872 New Veld LLC 33.66%
MORE INFO: www.sharedata.co.za/sdo/jse/AHL Public Investment Corporation 4.45%
COMPANY SECRETARY: Light Consulting (Pty) Ltd. POSTAL ADDRESS: PO Box 787240, Sandton, 2146
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd. MORE INFO: www.sharedata.co.za/sdo/jse/AFH
DESIGNATED ADVISOR: AcaciaCap Advisors Sponsors (Pty) Ltd. COMPANY SECRETARY: C H Wessels
AUDITORS: Nexia SAB&T Inc. TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
SPONSOR: Rand Merchant Bank (A division of FirstRand Bank Ltd.)
CAPITAL STRUCTURE AUTHORISED ISSUED AUDITORS: PwC Inc.
AHL Ords 1c ea 500 000 000 102 035 730
CAPITAL STRUCTURE AUTHORISED ISSUED
DISTRIBUTIONS [ZARc] AFH Ords no par value 2 500 000 000 1 327 582 154
Ords 1c ea Ldt Pay Amt
Final No 3 22 Nov 22 28 Nov 22 0.20 DISTRIBUTIONS [ZARc]
Final No 2 19 Oct 21 25 Oct 21 1.00 Ords no par value Ldt Pay Amt
Final No 19 16 Jul 24 22 Jul 24 30.00
LIQUIDITY: Oct24 Avg 175 shares p.w., R25.0(-% p.a.)
Special No 4 16 Jul 24 22 Jul 24 60.00
FOOD 40 Week MA AH-VEST
LIQUIDITY: Oct24 Avg 3m shares p.w., R19.3m(11.5% p.a.)
55
GENF 40 Week MA AFORBES
44
34 657
23 564
13 470
2 377
2019 | 2020 | 2021 | 2022 | 2023 | 2024
FINANCIAL STATISTICS 284
2019 | 2020 | 2021 | 2022 | 2023 | 2024
(Amts in ZAR’000) Jun 24 Jun 23 Jun 22 Jun 21 Jun 20
Final Final Final Final Final FINANCIAL STATISTICS
Turnover 237 081 211 321 206 190 180 203 196 492 (R million) Mar 24 Mar 23 Mar 22 Mar 21 Mar 20
Op Inc 8 190 4 202 4 389 15 902 14 862 Final Final Final Final(rst) Final
NetIntPd(Rcvd) 2 845 3 278 2 757 3 060 4 417 Net Revenue 5 059 4 487 4 198 3 895 3 153
Att Inc 3 974 1 463 1 202 10 206 8 123 Op Profit 687 687 657 607 - 526
NetIntPd(Rcvd) - 189 - 104 - 60 - 59 - 12
TotCompIncLoss 3 973 1 463 2 062 10 206 8 123
Fixed Ass 48 212 46 972 42 570 41 247 43 958 Minority Int 20 10 12 18 191
Tot Curr Ass 108 397 83 080 79 708 69 303 52 246 Att Inc 672 704 495 185 - 145
Ord SH Int 50 535 46 562 45 303 44 247 34 853 TotCompIncLoss 727 785 494 170 105
LT Liab 32 923 37 549 40 654 44 607 43 675 Fixed Ass 543 387 472 544 624
Tot Curr Liab 94 001 68 471 61 235 51 490 46 543 Inv & Loans 416 989 379 714 363 816 333 217 272 585
Tot Curr Ass 3 959 3 990 3 588 3 611 4 588
PER SHARE STATISTICS (cents per share) Ord SH Int 4 542 4 455 4 073 3 991 4 806
HEPS-C (ZARc) 3.88 1.35 2.02 9.99 7.96 Minority Int 48 24 33 37 297
DPS (ZARc) - - 0.20 1.00 0.80 LT Liab 417 485 380 032 363 932 333 348 272 798
NAV PS (ZARc) 49.53 45.63 44.40 43.39 34.18 Tot Curr Liab 1 586 1 754 2 434 2 634 2 024
3 Yr Beta 0.75 - 1.84 - 2.43 - 2.31 - 2.03
Price High 16 50 60 55 35 PER SHARE STATISTICS (cents per share)
Price Low 2 13 11 9 9 HEPS-C (ZARc) 52.90 45.50 37.20 31.20 32.20
Price Prd End 10 16 50 40 25 DPS (ZARc) 110.00 42.00 32.00 22.00 80.00
RATIOS NAV PS (ZARc) 367.48 363.67 331.68 312.77 394.58
Ret on SH Fnd 7.86 3.14 2.65 23.07 23.31 3 Yr Beta - 0.88 - 0.22 0.40 0.46 0.19
Oper Pft Mgn 3.45 1.99 2.13 8.82 7.56 Price High 874 583 488 490 647
D:E 0.68 0.83 0.91 1.03 1.27 Price Low 462 388 315 300 280
Current Ratio 1.15 1.21 1.30 1.35 1.12 Price Prd End 631 510 462 410 428
Div Cover - - 10.10 10.01 9.96 RATIOS
Ret on SH Fnd 15.08 15.94 12.35 5.04 0.90
Oper Pft Mgn 13.58 15.31 15.65 15.58 - 16.68
D:E 90.96 84.85 88.63 82.76 53.46
Current Ratio 2.50 2.27 1.47 1.37 2.27
Div Cover 0.50 1.36 1.23 0.65 - 0.15
Fund Research Fund Research
Comparison & Analysis Comparison & Analysis
Portfolio Modelling Portfolio Modelling
Presentations & Reports www.profile.co.za/analytics.htm Presentations & Reports www.profile.co.za/analytics.htm
75