Page 121 - Profile's Stock Exchange Handbook - 2025 Issue 2
P. 121
Profile’s Stock Exchange Handbook: 2025 – Issue 2 JSE – FRO
Frontier Transport Holdings Ltd. Gemfields Group Ltd.
FRO GEM
ISIN: ZAE000300505 SHORT: FRONTIERT CODE: FTH ISIN: GG00BG0KTL52 SHORT: GEMFIELDS CODE: GML
REG NO: 2015/250356/06 FOUNDED: 2015 LISTED: 2018 REG NO: 47656 FOUNDED: 2007 LISTED: 2008
NATURE OF BUSINESS: The current portfolio is rooted in the commuter NATURE OF BUSINESS: Gemfields is a world-leading responsible miner
bus and luxury coach segments. Through its principal subsidiary Golden and marketer of coloured gemstones. Gemfields is the operator and 75%
Arrow Bus Services, with over 160 years of proven operational expertise. owner of both the Kagem emerald mine in Zambia (believed to be the
The company aims to harness the combined institutional knowledge and world’s single largest producing emerald mine) and the Montepuez ruby
skills sets to pursue further prospects in bus and coach operations and mine in Mozambique (one of the most significant recently discovered ruby
potential entrées into freight, rail and logistics operations. deposits in the world). In addition, Gemfields also holds controlling
SECTOR: ConsDisr—Travel&Leis—Travel&Leis—Travel&Tour interests in various other gemstone mining and prospecting licences in
NUMBER OF EMPLOYEES: 0 Zambia, Mozambique, Ethiopia and Madagascar.
DIRECTORS: Govender K (ne), Govender L (ld ind ne), Magugu M F (ind ne), SECTOR:BasicMaterials—BasicResrcs—PreciousMet&Min—Dia&Gem
Watson R D (ind ne), Shaik Y (Chair, ne), Meyer F E (CEO), NUMBER OF EMPLOYEES: 3 474
Wilkin M L (CFO) DIRECTORS: Daly K (ne), Mmela K (ld ind ne), Reilly M (ind ne, UK),
MAJOR ORDINARY SHAREHOLDERS as at 31 Mar 2024 Sacco P E (ne), Scott S (ind ne), Cleaver B (Chair, ind ne), Gilbertson S (CEO),
HCI 81.88% Lovett D (CFO, UK)
POSTAL ADDRESS: PO Box 115, Cape Town, 8000 MAJOR ORDINARY SHAREHOLDERS as at 31 Dec 2024
MORE INFO: www.sharedata.co.za/sdo/jse/FTH Assore International Holdings Ltd. 29.14%
COMPANY SECRETARY: HCI Managerial Services (Pty) Ltd. Rational Expectations (Pty) Ltd. 13.82%
7.74%
Oasis Group Holdings
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd. POSTAL ADDRESS: PO Box 186, Royal Chambers, St. Julian’s Avenue, St.
SPONSOR: Investec Bank Ltd. Peter Port, Guernsey, GY1 4HP
AUDITORS: BDO Cape Inc.
MORE INFO: www.sharedata.co.za/sdo/jse/GML
CAPITAL STRUCTURE AUTHORISED ISSUED COMPANY SECRETARY: Toby Hewitt
FTH Ords no par val 1 000 000 000 292 843 393 TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
DISTRIBUTIONS [ZARc] SPONSOR: Investec Bank Ltd.
Ords no par val Ldt Pay Amt AUDITORS: Ernst & Young LLP
Interim No 13 10 Dec 24 17 Dec 24 25.90 CAPITAL STRUCTURE AUTHORISED ISSUED
Final No 12 11 Jun 24 18 Jun 24 24.20 GML Ords USD0.001c ea - 1 168 027 130
LIQUIDITY: Apr25 Avg 89 480 shares p.w., R642 879.2(1.6% p.a.) DISTRIBUTIONS [USDc]
Ords USD0.001c ea Ldt Pay Amt
TRAV 40 Week MA FRONTIERT
Final No 3 4 Jun 24 24 Jun 24 0.86
835
Final No 2 24 Apr 23 12 May 23 2.88
695 LIQUIDITY: Apr25 Avg 2m shares p.w., R3.1m(7.8% p.a.)
MINI 40 Week MA GEMFIELDS
555
415
349
275
289
136
2020 | 2021 | 2022 | 2023 | 2024 |
228
FINANCIAL STATISTICS
(Amts in ZAR’000) Sep 24 Mar 24 Mar 23 Mar 22 Mar 21 168
Interim Final Final Final Final
107
Turnover 1 479 315 2 605 820 2 393 841 2 080 002 1 641 025 2020 | 2021 | 2022 | 2023 | 2024 |
Op Inc 296 067 575 481 458 248 447 798 385 336 FINANCIAL STATISTICS
NetIntPd(Rcvd) - 1 814 - 33 084 - 19 114 3 905 16 695
(Amts in USD’000) Dec 24 Dec 23 Dec 22 Dec 21 Dec 20
Minority Int 2 346 4 512 - 30 - 4 422 - 6 066 Final Final Final Final Final
Att Inc 175 414 389 940 277 489 261 199 204 799 Turnover 212 852 262 019 341 106 257 706 34 567
TotCompIncLoss 177 760 397 213 283 292 260 772 191 026 Op Inc - 97 953 17 387 116 543 107 634 - 96 287
Fixed Ass 1 730 021 1 682 550 1 577 512 1 588 298 1 660 242 NetIntPd(Rcvd) 5 668 818 1 888 3 211 2 915
Inv & Loans - - - 5 882 - Minority Int - 18 653 7 261 17 489 14 230 - 7 945
Tot Curr Ass 762 162 606 420 796 606 699 181 588 632 Att Inc - 87 820 - 10 090 56 779 50 733 - 85 282
Ord SH Int 1 490 010 1 381 031 1 546 627 1 426 504 1 292 472 TotCompIncLoss - 101 516 - 2 405 72 291 65 710 - 90 322
Minority Int 2 871 525 - 3 857 - 12 651 - 8 229 Fixed Ass 338 697 356 589 336 765 342 617 362 734
LT Liab 548 595 504 350 444 301 491 967 597 413 Inv & Loans - 4 000 32 000 37 200 29 600
Tot Curr Liab 491 981 440 382 423 225 419 490 420 743 Tot Curr Ass 219 487 241 618 328 790 297 570 198 783
PER SHARE STATISTICS (cents per share) Ord SH Int 345 723 438 172 490 509 464 506 412 573
HEPS-C (ZARc) 58.81 132.40 96.07 90.75 70.01 Minority Int 57 054 85 321 90 588 79 695 70 443
DPS (ZARc) 25.90 48.40 57.00 52.00 44.00 LT Liab 106 737 83 108 89 490 109 579 114 185
NAV PS (ZARc) 509.14 464.71 532.23 491.90 445.68 Tot Curr Liab 101 720 91 290 103 538 90 004 59 509
3 Yr Beta 0.40 0.32 0.17 0.41 - PER SHARE STATISTICS (cents per share)
Price High 800 796 580 600 781 HEPS-C (ZARc) - 38.49 - 16.59 78.62 69.51 - 98.76
Price Low 574 450 408 300 270 DPS (ZARc) - 15.75 75.18 25.06 -
Price Prd End 780 645 510 500 349 NAV PS (ZARc) 559.14 687.33 687.29 633.22 512.75
RATIOS 3 Yr Beta 0.18 - 0.18 0.21 0.28 0.36
Ret on SH Fnd 23.81 28.55 17.98 18.16 15.47 Price High 360 434 400 330 220
Oper Pft Mgn 20.01 22.08 19.14 21.53 23.48 Price Low 116 285 260 124 103
D:E 0.42 0.42 0.35 0.42 0.59 Price Prd End 154 314 385 304 135
Current Ratio 1.55 1.38 1.88 1.67 1.40 RATIOS
Div Cover 2.32 2.77 1.68 1.73 1.61 Ret on SH Fnd - 26.43 - 0.54 12.78 11.94 - 19.30
Oper Pft Mgn - 46.02 6.64 34.17 41.77 - 278.55
D:E 0.40 0.24 0.18 0.25 0.30
Current Ratio 2.16 2.65 3.18 3.31 3.34
Div Cover - - 0.94 1.05 2.54 -
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