Page 27 - Profile's Stock Exchange Handbook - 2025 Issue 1
P. 27

Profile’s Stock Exchange Handbook: 2025 – Issue 1                       NSX – LHN
          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: 154                    centre (For immediate response to customer complaints).
       DIRECTORS: Chigiji K (ind ne), EsterhuyseJJ(ind ne), Mutumba J (ind  SECTOR: Telecoms—Telecoms—TelecomServiceProvider—TelecomServices
        ne), NakaleMM(ind ne), Ochieng R (ne), von BlottnitzSB(ind ne),  NUMBER OF EMPLOYEES: 848
        Kali Dr 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
         Letshego Africa Holdings Ltd.    78.46%   (Chair, ind ne), Erastus Dr L R (MD), Smit M J (FD)
         Kumwe Investment Holdings Ltd.   11.97%  MAJOR ORDINARY SHAREHOLDERS as at 30 Sep 2023
       POSTAL ADDRESS: PO Box 11600, Windhoek, Namibia  NPTH                         60.13%
       MORE INFO: www.sharedata.co.za/sdo/jse/LHN   Government Institutions Pension Fund  28.67%
       COMPANY SECRETARY: Mignon Klein            POSTAL ADDRESS: PO Box 23051, Windhoek, Namibia
       TRANSFER SECRETARY: Transfer Secretaries (Pty) Ltd.  MORE INFO: www.sharedata.co.za/sdo/jse/MOC
       SPONSOR: IJG Securities (Pty) Ltd.         COMPANY SECRETARY: Ndahambelela Haikali
       AUDITORS: Ernst & Young Namibia            TRANSFER SECRETARY: Transfer Secretaries (Pty) Ltd.
                                                  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
       Interim No 12      1 Nov 24  22 Nov 24  39.89  DISTRIBUTIONS [NADc]
       Final No 11       24 May 24  14 Jun 24  36.38  Ords NAD3.3c ea   Ldt     Pay    Amt
                                                  Final No 7         17 Jan 25  7 Feb 25  49.27
       LIQUIDITY: Jan25 Avg 14 443 shares p.w., R65 005.2(0.2% p.a.)
                                                  Interim No 6       13 Jun 24  5 Jul 24  33.82
                 40 Week MA          LHN
                                                  LIQUIDITY: Jan25 Avg 144 341 shares p.w., R1.1m(1.0% p.a.)
                                           500
                                                          FTEL       40 Week MA   MTC LTD
                                           429                                         1078
                                           359                                         960
                                           288                                         843
                                           218                                         725
                                                                                       608
                                           147
          2020  |  2021  |  2022  |  2023  |  2024  |
                                                                                       490
       FINANCIAL STATISTICS                              2022  |     2023  |    2024  |
       (Amts in NAD’000)  Jun 24  Dec 23  Dec 22  Dec 21  Dec 20  FINANCIAL STATISTICS
                   Interim  Final  Final Final(rst)  Final
       Interest Paid  202 395  349 041  214 435  121 232  98 750  (Amts in NAD’000)  Sep 24  Sep 23  Sep 22  Sep 21  Sep 20
                                                                Final
                                                                      Final Final(rst) Final(rst) Final (P)
       Interest Rcvd  453 287  787 250  667 861  588 524  625 704  Turnover  3 225 100 3 046 878 2 905 316 2 802 356 2 685 416
       Operating Inc  224 844  395 100  401 950  339 283  466 775  Op Inc  1 023 950 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)  - 74 867  - 48 888  - 62 842  - 18 583  - 40 968
       TotCompIncLoss  199 465  353 345  350 415  302 229  320 889  Att Inc  772 881  794 175  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  772 881  794 175  793 039  743 335  772 399
       Dep & OtherAcc  1 048 418  827 978  535 687  389 069  187 893  Fixed Ass  1 828 993 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   1 075  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  1 407 037 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  2 901 856 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     634 531  664 014  559 817  534 341  479 136
       PER SHARE STATISTICS (cents per share)     Tot Curr Liab  820 871  626 105  624 611  625 611  657 490
       HEPS-C (ZARc)  40.00  71.00  70.00  61.00  68.00
       DPS (ZARc)    39.89  70.67  74.41  45.48  22.50  PER SHARE STATISTICS (cents per share)  105.81  99.11  -
                                                  HEPS-C (ZARc)
                                                               103.05
                                                                     105.92
       NAV PS (ZARc)  552.00  549.00  557.00  542.00  524.00  DPS (ZARc)  83.09  85.25  79.00  32.00  -
       3 Yr Beta     0.27  0.21  0.22  0.09  0.22  NAV PS (ZARc)  386.91  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       -   701   700    -     -
       Price Low      391  300   150   145  230   Price Prd End  756  715   701    -     -
       RATIOS                                     RATIOS
       Ret on SH Fund  14.45  12.88  12.58  11.19  12.35  Ret on SH Fnd  26.63  29.70  25.23  32.75  36.33
       RetOnTotalAss  6.68  5.81  6.69  6.14  10.61  Oper Pft Mgn  31.75  36.09  36.53  38.25  40.12
       Interest Mgn  0.07  0.06  0.08  0.08  0.12  D:E          0.22  0.25  0.22  0.24  0.23
       LiquidFnds:Dep  0.68  0.91  0.60  0.74  2.49
                                                  Current Ratio  1.71  2.07  1.97  1.68  1.74
                                                  Div Cover     1.24  1.24  1.08  3.10   -
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