Page 122 - Profile's Stock Exchange Handbook - 2025 Issue 4

JSE - FRO Profile’s Stock Exchange Handbook: 2025 - Issue 4
Frontier Transport Holdings Ltd. Gemfields Group Ltd.

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 NATURE OF BUSINESS: Gemfields is a world-leading responsible
commuter bus and luxury coach segments. Through its principal miner and marketer of coloured gemstones. Gemfields is the
subsidiary Golden Arrow Bus Services, with over 160 years of operator and 75% owner of both the Kagem emerald mine in
proven operational expertise. The company aims to harness the Zambia (believed to be the world’s single largest producing
combined institutional knowledge and skills sets to pursue further emerald mine) and the Montepuez ruby mine in Mozambique
prospects in bus and coach operations and potential entrées into (one of the most significant recently discovered ruby deposits in
freight, rail and logistics operations. the world). In addition, Gemfields also holds controlling interests
SECTOR: ConsDisr--Travel&Leis--Travel&Leis--Travel&Tour 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 SECTOR: Basic Materials--Basic Resrcs--Precious Met & Min--Dia & Gem
(ind ne), Seftel L (ind ne), Watson R D (ind ne), Shaik Y (Chair, ne), NUMBER OF EMPLOYEES: 3 783
Meyer F E (CEO), Gribble U (CFO) DIRECTORS: Daly K (ne), du Preez L J (ne), Mmela K (ld ind ne), Reilly M
MAJOR ORDINARY SHAREHOLDERS as at 31 Mar 2025 (ind ne, British), Sacco P E (ne), Scott S (ind ne), Cleaver B (Chair, ne),
HCI 81.43% Gilbertson S (CEO), Lovett D (CFO, British)
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%
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd. Oasis Group Holdings 7.74%
SPONSOR: Investec Bank Ltd. POSTAL ADDRESS: PO Box 186, Royal Chambers, St. Julian’s
AUDITORS: BDO Cape Inc. Avenue, St. Peter Port, Guernsey, Channel Islands, GY1 4HP
CAPITAL STRUCTURE Authorised Issued MORE INFO: www.sharedata.co.za/sdo/jse/GML
FTH Ords no par val 1 000 000 000 294 312 384 COMPANY SECRETARY: Toby Hewitt
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
DISTRIBUTIONS [ZARc] SPONSOR: Investec Bank Ltd.
Ords no par val Ldt Pay Amt AUDITORS: Ernst & Young LLP
Final No 14 17 Jun 25 23 Jun 25 37.20 CAPITAL STRUCTURE Authorised Issued
Interim No 13 10 Dec 24 17 Dec 24 25.90 GML Ords USD0.001c ea - 1 724 230 526
LIQUIDITY: Oct25 Avg 89 430 shares p.w., R623 337.0(1.6% p.a.)
DISTRIBUTIONS [USDc]
FRONTIERT 40 Week MA TRAV Ords USD0.001c ea Ldt Pay Amt
900
Final No 3 4 Jun 24 24 Jun 24 0.86
800 Final No 2 24 Apr 23 12 May 23 2.88
700 LIQUIDITY: Oct25 Avg 2m shares p.w., R3.1m(6.5% p.a.)
600
GEMFIELDS 40 Week MA MINI
500 450
400
400
350
300
300
200
2021 2022 2023 2024 2025 250
200
FINANCIAL STATISTICS 150
Mar 25 Mar 24 Mar 23 Mar 22 Mar 21
(R ’000) 100
Final Final Final Final Final 50
Turnover 3 037 003 2 605 820 2 393 841 2 080 002 1 641 025 2021 2022 2023 2024 2025
Op Inc 637 976 575 481 458 248 447 798 385 336 FINANCIAL STATISTICS
NetIntPd(Rcvd) 893 - 33 084 - 19 114 3 905 16 695 Jun 25 Dec 24 Dec 23 Dec 22 Dec 21
Minority Int 6 766 4 512 - 30 - 4 422 - 6 066 (USD ’000) Interim Final Final Final Final
Att Inc 380 571 389 940 277 489 261 199 204 799 Turnover 64 200 212 852 262 019 341 106 257 706
TotCompIncLoss 387 763 397 213 283 292 260 772 191 026 Op Inc - 21 255 - 97 953 17 387 116 543 107 634
Fixed Ass 1 879 818 1 682 550 1 577 512 1 588 298 1 660 242 NetIntPd(Rcvd) 2 405 5 668 818 1 888 3 211
Inv & Loans - - - 5 882 - Minority Int - 4 108 - 18 653 7 261 17 489 14 230
Tot Curr Ass 857 582 606 420 796 606 699 181 588 632 Att Inc - 20 468 - 82 143 - 10 090 56 779 50 733
Ord SH Int 1 626 624 1 381 031 1 546 627 1 426 504 1 292 472 TotCompIncLoss - 22 443 - 101 516 - 2 405 72 291 65 710
Minority Int 7 047 525 - 3 857 - 12 651 - 8 229 Fixed Ass 347 079 338 697 356 589 336 765 342 617
LT Liab 643 517 504 350 444 301 491 967 597 413 Inv & Loans - - 4 000 32 000 37 200
Tot Curr Liab 502 810 440 382 423 225 419 490 420 743 Tot Curr Ass 185 258 219 487 241 618 328 790 297 570
PER SHARE STATISTICS (cents per share) Ord SH Int 357 235 345 723 438 172 490 509 464 506
HEPS-C (ZARc) 127.79 132.40 96.07 90.75 70.01 Minority Int 52 946 57 054 85 321 90 588 79 695
DPS (ZARc) 63.10 48.40 57.00 52.00 44.00 LT Liab 110 282 106 737 83 108 89 490 109 579
NAV PS (ZARc) 555.46 474.29 532.23 491.90 445.68 Tot Curr Liab 90 635 101 720 91 290 103 538 90 004
3 Yr Beta 0.30 0.32 0.17 0.41 - PER SHARE STATISTICS (cents per share)
Price High 850 796 580 600 781 HEPS-C (ZARc) - 27.60 - 38.49 - 16.59 78.62 69.51
Price Low 574 450 408 300 270 DPS (ZARc) - - 15.75 75.18 25.06
Price Prd End 686 645 510 500 349 NAV PS (ZARc) 367.01 559.14 687.33 687.29 633.22
RATIOS 3 Yr Beta 0.05 0.18 - 0.18 0.21 0.28
Ret on SH Fnd 23.71 28.55 17.98 18.16 15.47 Price High 221 360 434 400 330
Oper Pft Mgn 21.01 22.08 19.14 21.53 23.48 Price Low 92 116 285 260 124
D:E 0.45 0.42 0.35 0.42 0.59 Price Prd End 150 154 314 385 304
Current Ratio 1.71 1.38 1.88 1.67 1.40 RATIOS
Div Cover 2.06 2.77 1.68 1.73 1.61
Ret on SH Fnd - 11.98 - 25.03 - 0.54 12.78 11.94
Oper Pft Mgn - 33.11 - 46.02 6.64 34.17 41.77
D:E 0.39 0.40 0.24 0.18 0.25
Current Ratio 2.04 2.16 2.65 3.18 3.31
Div Cover - - - 0.94 1.05 2.54
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