Page 28 - Profile's Stock Exchange Handbook - 2025 Issue 3

NSX - MOB Profile’s Stock Exchange Handbook: 2025 - Issue 3

Mobile Telecommunications Ltd. Namibia Asset Management Ltd.

ISIN: NA000A3CR803 SHORT: MTC LTD CODE: MOC ISIN: NA000AOJMZ44 SHORT: NAM CODE: NAM
REG NO: 94/458 FOUNDED: 1994 LISTED: 2021 REG NO: 97/397 FOUNDED: 1997 LISTED: 1998
NATURE OF BUSINESS: MTC is the largest mobile telecommunications NATURE OF BUSINESS: Namibia Asset Management (Pty) Ltd. was
operator in Namibia, with 2.6 million active subscribers. For over 26 founded in April 1996 as a wholly-owned subsidiary of Namibian Harvest
years, MTC has grown revenue and retained customers by providing Investments Ltd. (NHI) to provide independent asset management
voice and data services and solutions to post-paid and prepaid individual services to institutional and retail investors. NHI was a broadly diversified
and business customers through its extensive telecommunications financial services group that was successfully listed on the NSX in July
transmission and distribution network, serviced by 35 mobile homes, 29 1998. After ten years in existence, the NHI board of directors decided to
dealerships (airtime sellers and distributors), 24-hour customer contact refocus the business on asset management only. Thus all the non-core
centre, digital channels and a network management and technical businesses have been closed.
quality centre (For immediate response to customer complaints). SECTOR: Fins--FinServcs--InvBnkng&BrokerServcs--
SECTOR: Telecoms--Telecoms--TelecomServiceProvider--TelecomServices AssMgrs&Custodians
NUMBER OF EMPLOYEES: 848 NUMBER OF EMPLOYEES: 0
DIRECTORS: George Dr F (ne), Hiwilepo T (ne), Kanime A (ne), DIRECTORS: Breedt J (CFO & Co Secretary), Angula E (ind ne, Namb),
Schuckmann W (ind ne), Mberirua T (Chair, ind ne), Hornung S (ind ne), Kandongo E (ind ne), Kapenda A (ind ne),
Erastus Dr L R (MD), Smit M J (FD) Marcus N (ind ne), Rhoda A, Rossouw B (ind ne, Namb), Smith L (ne),
MAJOR ORDINARY SHAREHOLDERS as at 30 Sep 2024 Walters S W (ind ne, Namb), Young G (ind ne), Shaanika T (CEO, Namb)
NPTH 60.13% MAJOR ORDINARY SHAREHOLDERS as at 30 Sep 2024
Government Institutions Pension Fund 28.67% Coronation Investment Management (Pty) Ltd. 40.05%
POSTAL ADDRESS: PO Box 23051, Windhoek, Namibia POSTAL ADDRESS: PO Box 23329, Windhoek, Namibia
MORE INFO: www.sharedata.co.za/sdo/jse/MOC MORE INFO: www.sharedata.co.za/sdo/jse/NAM
COMPANY SECRETARY: Ndahambelela Haikali COMPANY SECRETARY: Janita Breedt
TRANSFER SECRETARY: Transfer Secretaries (Pty) Ltd. TRANSFER SECRETARY: Transfer Secretaries (Pty) Ltd.
SPONSOR: IJG Securities (Pty) Ltd. SPONSOR: IJG Securities (Pty) Ltd.
AUDITORS: Deloitte & Touche Inc. AUDITORS: Ernst & Young
CAPITAL STRUCTURE Authorised Issued CAPITAL STRUCTURE Authorised Issued
MOC Ords NAD3.3c ea 750 000 000 750 000 000 NAM Ords NAD1c ea 300 000 000 200 000 000
DISTRIBUTIONS [NADc] DISTRIBUTIONS [NADc]
Ords NAD3.3c ea Ldt Pay Amt Ords NAD1c ea Ldt Pay Amt
Interim No 8 27 Jun 25 25 Jul 25 47.03 Final No 22 29 Nov 24 13 Dec 24 6.00
Final No 7 17 Jan 25 7 Feb 25 49.27 Final No 22 1 Dec 23 14 Dec 23 6.00
LIQUIDITY: Jul25 Avg 48 312 shares p.w., R376 167.4(0.3% p.a.) LIQUIDITY: Jul25 Avg 4 423 shares p.w., R3 226.9(0.1% p.a.)
MTC LTD 40 Week MA NAM 40 Week MA
900 74
72
850
70
68
800
66
750 64
62
700 60
2022 2023 2024 2025 2021 2022 2023 2024 2025
FINANCIAL STATISTICS FINANCIAL STATISTICS
(NAD ’000) Mar 25 Sep 24 Sep 23 Sep 22 Sep 21 (NAD ’000) Mar 25 Sep 24 Sep 23 Sep 22 Sep 21
Interim Final Final Final(rst) Final(rst) Interim Final Final Final Final(rst)
Turnover 1 819 624 3 225 100 3 046 878 2 905 316 2 802 356 Turnover 37 568 81 347 78 469 90 269 90 946
Op Inc 683 188 1 023 950 1 099 709 1 061 273 1 071 979 Op Inc 7 264 13 690 17 024 15 210 17 902
NetIntPd(Rcvd) - 39 120 - 74 867 - 48 888 - 62 842 - 18 583 NetIntPd(Rcvd) - 983 - 2 288 - 1 546 - 976 - 834
Att Inc 503 828 772 881 794 175 641 482 743 335 Att Inc 5 461 11 030 12 935 10 779 13 729
TotCompIncLoss 503 828 772 881 794 175 793 039 743 335 TotCompIncLoss 5 461 11 030 12 935 10 779 13 729
Fixed Ass 1 854 649 1 828 993 1 633 734 1 544 037 1 423 973 Fixed Ass 4 094 200 1 508 2 743 3 407
Inv & Loans 947 1 075 1 525 1 137 961 Inv & Loans 6 000 6 000 6 000 - -
Tot Curr Ass 1 503 597 1 407 037 1 297 820 1 228 352 1 048 365 Tot Curr Ass 42 174 47 942 44 759 62 421 71 875
Ord SH Int 3 036 233 2 901 856 2 673 625 2 542 825 2 269 431 Ord SH Int 26 466 32 340 32 318 29 708 31 683
LT Liab 667 138 634 531 664 014 559 817 534 341 LT Liab 3 415 - - 1 020 1 915
Tot Curr Liab 815 085 820 871 626 105 624 611 625 611 Tot Curr Liab 23 135 23 407 21 571 41 945 49 359
PER SHARE STATISTICS (cents per share) PER SHARE STATISTICS (cents per share)
HEPS-C (ZARc) 67.18 103.05 105.92 105.81 99.11 HEPS-C (ZARc) 3.46 6.99 8.22 6.27 8.82
DPS (ZARc) 47.03 83.09 85.25 79.00 32.00 DPS (ZARc) - 6.00 6.00 6.00 7.00
NAV PS (ZARc) 404.83 386.91 356.48 339.04 302.59 NAV PS (ZARc) 16.78 20.50 20.67 19.08 15.84
3 Yr Beta - 0.05 - - - - 3 Yr Beta 0.03 0.02 0.04 - 0.04 - 0.02
Price High 825 850 750 891 - Price High 73 72 70 70 66
Price Low 755 - 701 700 - Price Low 72 69 67 66 62
Price Prd End 825 756 715 701 - Price Prd End 73 72 69 67 66
RATIOS RATIOS
Ret on SH Fnd 33.19 26.63 29.70 25.23 32.75 Ret on SH Fnd 41.27 34.11 40.02 36.28 43.33
Oper Pft Mgn 37.55 31.75 36.09 36.53 38.25 Oper Pft Mgn 19.34 16.83 21.70 16.85 19.68
D:E 0.23 0.22 0.25 0.22 0.24 D:E 0.13 - - 0.03 0.07
Current Ratio 1.84 1.71 2.07 1.97 1.68 Current Ratio 1.82 2.05 2.07 1.49 1.46
Div Cover 1.43 1.24 1.24 1.08 3.10 Div Cover - 1.17 1.38 1.15 1.26
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