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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