Page 185 - Profile's Stock Exchange Handbook - 2025 Issue 4
P. 185

Profile’s Stock Exchange Handbook: 2025 - Issue 4                         JSE - SAB
        Sable Exploration and Mining Ltd.                 Sabvest Capital Ltd.

       ISIN: ZAE000303319   SHORT: SEAM   CODE: SXM  ISIN: ZAE000283511   SHORT: SABCAP   CODE: SBP
       REG NO: 2001/006539/06   FOUNDED: 2001   LISTED: 2005  REG NO: 2020/030059/06   FOUNDED: 2020   LISTED: 2020
       NATURE OF BUSINESS: SEAM operates in the minerals industry and   NATURE OF BUSINESS: Sabcap is an investment group first listed
        is seeking to acquire projects at various stages of development.   on the JSE in 1988 as Sabvest Ltd. and as Sabcap from 2020. The
        SEAM was originally listed as Sable Metals and Minerals Ltd., as the   Seabrooke  Family  Trust  (“SFT”)  has  voting  control  of  Sabcap
        Company was in the business of acquiring prospecting rights for   through an unlisted Z share and has an economic interest of 41.7%
        platinum group metals. Drilling was done on various project areas,   through its holding in the listed ordinary shares. At the year-end
        but it was found that either the platinum bearing reefs were too   Sabcap had 38 370 000 shares in issue net of treasury shares (2023:
        deep, or too low in grade, to be economically viable.  39 220 000).
       SECTOR: Basic Materials--Basic Resrcs--Ind Met & Min--General Mining  SECTOR: Fins--FinServcs--InvBnkng&BrokerServcs--AssMgrs&Custodians
       NUMBER OF EMPLOYEES: 0                    NUMBER OF EMPLOYEES: 0
       DIRECTORS: Chamane M (ne), Madikizela N N (ind ne), Bird I    DIRECTORS: Ighodaro O (ld ind ne), Mthimunye L E (ind ne), Rood L,
        (Chair, ind ne), Bester U (CEO), Sidaki L M (FD)  Shongwe B J T (ind ne), Pillay K (Chair, ind ne), Seabrooke C S (CEO),
       POSTAL ADDRESS: PO Box 411130, Craighall, 2024  De Matteis K (CFO)
       MORE INFO: www.sharedata.co.za/sdo/jse/SXM  MAJOR ORDINARY SHAREHOLDERS as at 25 Jun 2025
       COMPANY SECRETARY: Claire Middlemiss       The Seabrooke Family Trust        41.70%
       TRANSFER SECRETARY: CTSE Registry Services (Pty) Ltd.  InsingerGilissen Bankiers NV   7.50%
       SPONSOR: Exchange Sponsors 2008 (Pty) Ltd.  Nedgroup Securities (Pty) Ltd.    5.50%
       AUDITORS: Balushi Inc                     POSTAL ADDRESS: PO Box 78677, Sandton, 2146
       CAPITAL STRUCTURE      Authorised  Issued  MORE INFO: www.sharedata.co.za/sdo/jse/SBP
       SXM     Ords no par val    1 500 000 000     56 564 742  COMPANY SECRETARY: Levitt Kirson Business Services (Pty) Ltd.
                                                 TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
       DISTRIBUTIONS [ZARc]                      SPONSOR: Rand Merchant Bank (A division of FirstRand Bank Ltd. (SA))
       Ords no par val   Ldt      Pay       Amt  AUDITORS: PwC Inc.
       Share Premium No 2  15 Sep 06  26 Sep 06  12000.00  CAPITAL STRUCTURE  Authorised  Issued
       Share Premium No 1  21 Oct 05  31 Oct 05  10500.00  SBP  Ords no par val     500 000 000     38 370 000
       LIQUIDITY: Oct25 Avg 6 019 shares p.w., R1 752.6(0.6% p.a.)
                                                 DISTRIBUTIONS [ZARc]
         SEAM  40 Week MA  INDM                  Ords no par val   Ldt       Pay      Amt
                                           1800  Interim No 11   9 Sep 25  15 Sep 25  40.00
                                           1600  Final No 10     8 Apr 25  14 Apr 25  70.00
                                           1400
                                           1200  LIQUIDITY: Oct25 Avg 72 513 shares p.w., R7.2m(9.8% p.a.)
                                           1000
                                                   SABCAP  40 Week MA  EQII
                                           800                                       10000
                                           600                                       9000
                                           400
                                                                                     8000
                                           200
                                                                                     7000
                                           0
        2021   2022   2023   2024   2025                                             6000
                                                                                     5000
       FINANCIAL STATISTICS                                                          4000
       (R ’000)    Aug 24   Feb 24   Feb 23   Feb 22   Feb 21                        3000
                   Interim  Final Final(rst)  Final  Final
       Turnover        -     -    -     -    48    2021      2022       2023      2024  2000
       Op Inc       - 2 708  - 9 633  - 6 350  - 6 114  - 3 250
       NetIntPd(Rcvd)  1 875  1 560  1 129  54  53  FINANCIAL STATISTICS
       Minority Int    -     -    - 1   -     -  (R ’000)     Jun 25   Dec 24  Dec 23   Dec 22   Dec 21
       Att Inc      - 5 024  - 11 193  - 7 478  - 6 168  - 3 316  Interim  Final  Final Final(rst)  Final
       TotCompIncLoss  - 5 024  - 11 193  - 7 479  - 6 168  - 3 316  NetRent/InvInc  - 4 800  - 9 532  - 9 330  - 8 377  594 210
       Fixed Ass    11 979  12 187  -   -     -  Total Inc    55 201  90 470  100 673  101 624  865 601
       Tot Curr Ass  6 203  8 354  5 388  399  2 063  Attrib Inc  250 918  899 286  - 4 335  679 581  679 171
       Ord SH Int    532  5 556  - 35 464  - 26 020  - 19 852  TotCompIncLoss  250 918  899 286  - 4 335  679 553  735 234
       Minority Int   - 1   - 1   - 1  - 1  - 13  Ord UntHs Int  5 224 466 5 069 745 4 289 256 4 340 869 3 704 327
       LT Liab        19     -    -  22 942  19 157  Investments  5 226 180 5 072 449 4 291 726 4 342 979 4 016 189
                                                                                      2 515
       Tot Curr Liab  17 631  14 986  40 853  3 478  2 771  FixedAss/Prop  451 -  38 -  444 -  407 -  243 161
                                                 Tot Curr Ass
       PER SHARE STATISTICS (cents per share)    Total Ass   5 226 631 5 072 487 4 292 170 4 343 386 4 265 169
       HEPS-C (ZARc)  - 8.88  - 51.45  - 171.88  - 141.76  - 76.21  Tot Curr Liab  2 165  2 742  2 914  2 517  61 540
       NAV PS (ZARc)  0.94  9.82  - 815.05  - 598.10  - 456.60
       3 Yr Beta     - 3.03  - 2.76  - 0.02  - 0.09  -  PER SHARE STATISTICS (cents per share)
       Price High    100   200   500  1 500  1 100  HEPLU-C (ZARc)  662.70  2 324.30  - 11.00  1 721.70  1 689.70
       Price Low      15    4     4    100  1 100  DPLU (ZARc)  40.00  105.00  90.00  90.00  75.00
       Price Prd End  16   100    99   500  1 100  NAV (ZARc)  13 882.00 13 213.00 10 936.00 11 017.00  9 371.00
                                                                           0.02
                                                               0.46
                                                                     0.05
       RATIOS                                    3 Yr Beta     9 902  9 200  7 700  8 360 -  6 100 -
                                                 Price Prd End
       Ret on SH Fnd  - 1 892.28  - 201.49  21.09  23.70  16.69
       Oper Pft Mgn    -     -    -     - - 6 770.83  Price High  11 000  10 000  9 779  8 500  6 100
                                                                     6 450
                                                 Price Low
                                                                          6 011
                                                                                      2 700
                                                                                5 700
                                                               8 590
       D:E           5.29  0.50  - 0.21  - 0.88  - 0.96  RATIOS
       Current Ratio  0.35  0.56  0.13  0.11  0.74
                                                 RetOnSH Funds  9.61  17.74  - 0.10  15.66  18.33
                                                 RetOnTotAss   2.11  1.78  2.35  2.34  20.29
                                                 Debt:Equity     -     -    -     -   0.08
                                                 OperRetOnInv  2.11  1.78  2.35  2.34  21.08
                                                 OpInc:Turnover  -     -    -     -   99.81
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