Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 9 non-independent directors. Independent Non-Executive Chairperson Myra Sekgororoane was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Aug 30
Chobe Holdings Limited Appoints Gregory Allan Dogan as Director Chobe Holdings Limited announced that at its AGM held on August 28, 2025, the shareholders approved the appointment Mr. Gregory Allan Dogan as a director of the Company. Annuncio • Jul 15
Chobe Holdings Limited, Annual General Meeting, Aug 28, 2025 Chobe Holdings Limited, Annual General Meeting, Aug 28, 2025. Location: hotel 430, gaborone, Botswana Annuncio • May 27
Chobe Holdings Limited announces Annual dividend, payable on June 25, 2025 Chobe Holdings Limited announced Annual dividend of BWP 0.6000 per share payable on June 25, 2025, ex-date on June 11, 2025 and record date on June 13, 2025. Annuncio • Aug 24
Chobe Holdings Limited Announces Director Retirements Chobe Holdings Limited announced retirement of Mr. Barry Derrick Flatt, a Director since 2003, and Mr. Alexander M Whitehouse, a Director since 2004, have retired in accordance with the Constitution. Annuncio • Jul 24
Chobe Holdings Limited, Annual General Meeting, Aug 22, 2024 Chobe Holdings Limited, Annual General Meeting, Aug 22, 2024. Location: the hilton garden inn gaborone., Botswana Reported Earnings • Jun 23
Full year 2024 earnings released: EPS: P1.66 (vs P1.17 in FY 2023) Full year 2024 results: EPS: P1.66 (up from P1.17 in FY 2023). Revenue: P571.2m (up 38% from FY 2023). Net income: P148.1m (up 42% from FY 2023). Profit margin: 26% (in line with FY 2023). Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. New Risk • Jun 02
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended August 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.4% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported August 2023 fiscal period end). Market cap is less than US$100m (P1.37b market cap, or US$99.7m). Declared Dividend • May 27
Dividend of P0.80 announced Shareholders will receive a dividend of P0.80. Ex-date: 11th June 2024 Payment date: 25th June 2024 Dividend yield will be 5.2%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (42% earnings payout ratio) and cash flows (61% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 10% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annuncio • May 26
Chobe Holdings Limited Declares Dividend, Payable 25 June 2024 Chobe Holdings Limited at the meeting of the Board of Directors held on Tue 21 May 2024, a dividend of BWP 80 per share (net of Withholding Tax) was declared. The dividend has been declared out of retained earnings. Ex-dividend date; 11 June 2024, Last day to register/Record date; 13 June 2024, Payment date; 25 June 2024. Reported Earnings • Nov 20
First half 2024 earnings released: EPS: P1.29 (vs P0.89 in 1H 2023) First half 2024 results: EPS: P1.29 (up from P0.89 in 1H 2023). Revenue: P329.6m (up 40% from 1H 2023). Net income: P114.9m (up 44% from 1H 2023). Profit margin: 35% (in line with 1H 2023). Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Annuncio • Nov 01
Chobe Holdings Limited to Report First Half, 2024 Results on Nov 15, 2023 Chobe Holdings Limited announced that they will report first half, 2024 results on Nov 15, 2023 Annuncio • Oct 28
Chobe Holdings Limited Announces Retirement of Adams Chilisa Dambe as Director Chobe Holdings Limited at its Annual General Meeting held on August 24, 2023 announced retirement of Mr. Adams Chilisa Dambe, a Director since the Company's listing in 1999, has retired in accordance with the Constitution. Valuation Update With 7 Day Price Move • Aug 22
Investor sentiment improves as stock rises 32% After last week's 32% share price gain to P14.75, the stock trades at a trailing P/E ratio of 12.6x. Average trailing P/E is 11x in the Hospitality industry in Africa. Total returns to shareholders of 66% over the past three years. Annuncio • Jul 25
Chobe Holdings Limited, Annual General Meeting, Aug 24, 2023 Chobe Holdings Limited, Annual General Meeting, Aug 24, 2023, at 15:30 Coordinated Universal Time. Location: Hilton Garden Inn Gaborone Botswana Agenda: To receive, consider and adopt the audited financial statements for the year ended 28 February 2023 together with the directors' and auditor's reports thereon; to approve the distribution of a dividend as recommended by the Directors; to consider re-election of directors; to approve the remuneration for the directors for the year ended 28 February 2023; to appoint Ernst & Young as auditors for the ensuing year; to approve auditors' remuneration for the year ended 28 February 2023; to approve non-binding remuneration policy; and to consider other matters. New Risk • Jun 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Batswana stocks, typically moving 1.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 25% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (1.5% average weekly change). Market cap is less than US$100m (P894.4m market cap, or US$66.5m). Upcoming Dividend • Jun 07
Upcoming dividend of P0.60 per share Eligible shareholders must have bought the stock before 13 June 2023. Payment date: 27 June 2023. The company last paid an ordinary dividend in May 2013. The average dividend yield among industry peers is 5.5%. Reported Earnings • Jun 01
Full year 2023 earnings released: EPS: P1.17 (vs P0.47 loss in FY 2022) Full year 2023 results: EPS: P1.17 (up from P0.47 loss in FY 2022). Revenue: P428.0m (up 259% from FY 2022). Net income: P104.6m (up P147.0m from FY 2022). Profit margin: 24% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Annuncio • May 31
Chobe Holdings Limited Declares Dividend, Payable 27 June 2023 Chobe Holdings Limited advised that, at the meeting of the Board of Directors held on 25 May 2023, a dividend of BWP 60 per share (net of Withholding Tax) was declared. The dividend has been declared out of retained earnings. Ex-dividend date, 13 June 2023. Last day to register/Record date, 15 June 2023. Payment date, 27 June 2023. Annuncio • May 23
Chobe Holdings Limited to Report Fiscal Year 2023 Results on May 31, 2023 Chobe Holdings Limited announced that they will report fiscal year 2023 results on May 31, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 8 non-independent directors. Independent Non-Executive Chairperson Myra Sekgororoane was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 03
First half 2023 earnings released: EPS: P0.89 (vs P0.25 loss in 1H 2022) First half 2023 results: EPS: P0.89 (up from P0.25 loss in 1H 2022). Revenue: P245.5m (up 399% from 1H 2022). Net income: P79.9m (up P102.3m from 1H 2022). Profit margin: 33% (up from net loss in 1H 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Annuncio • Aug 25
Chobe Holdings Limited Announces Executive Changes Chobe Holdings Limited announced the appointment of CEO Mr. John Knox Gibson, effective from 01 September 2022. Mr. Gibson joined Chobe on 1st February 2018 as the Senior Group Executive and later joined Chobe Board an executive Director. Immediately prior to joining Chobe Holdings Limited he had established a specialised online tour operator focused on Botswana. He holds a Bachelor of Business Science (Honours) degree in Finance, from the University of Cape Town in South Africa. The Board wishes him the best in his new role. Chobe's outgoing CEO Mr. Jonathan Moore Gibson will step down from his position as CEO on 01 September 2022 but continue to serve Chobe as Deputy Board Chairman and as an executive director to ensure smooth transition of the role. Mr. Gibson has been the company's CEO since 1983, publicly listing the group on the Botswana Stock Exchange in 2000; thereafter, under his direction, Chobe experienced considerable growth through the acquisition of a number of tourism entities thereby bringing them under one locally owned and managed corporate. Chobe remains indebted to Mr. Gibson's leadership over the years. Reported Earnings • Jul 27
Full year 2022 earnings released: P0.47 loss per share (vs P0.76 loss in FY 2021) Full year 2022 results: P0.47 loss per share (up from P0.76 loss in FY 2021). Revenue: P118.3m (up 292% from FY 2021). Net loss: P42.4m (loss narrowed 37% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. Annuncio • Jul 22
Chobe Holdings Limited, Annual General Meeting, Aug 18, 2022 Chobe Holdings Limited, Annual General Meeting, Aug 18, 2022, at 15:00 Coordinated Universal Time. Location: avani gaborone resort & casino Gaborone Botswana Agenda: To receive, consider and adopt the audited financial statements for the year ended 28 February 2022 together with the directors' and auditor's reports thereon; to approve the zero distribution of a dividend as recommended by the Directors; to consider directorate reelections; and to consider other matters. Reported Earnings • May 29
Full year 2022 earnings released: P0.47 loss per share (vs P0.76 loss in FY 2021) Full year 2022 results: P0.47 loss per share (up from P0.76 loss in FY 2021). Revenue: P125.5m (up 316% from FY 2021). Net loss: P42.4m (loss narrowed 37% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 9 non-independent directors. Independent Non-Executive Director Dale S. Haar was the last independent director to join the board, commencing their role in 2012. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 06
First half 2022 earnings released: P0.25 loss per share (vs P0.39 loss in 1H 2021) The company reported a solid first half result with reduced losses, improved revenues and improved control over expenses. First half 2022 results: Revenue: P49.2m (up 183% from 1H 2021). Net loss: P22.4m (loss narrowed 36% from 1H 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. Reported Earnings • Jul 18
Full year 2021 earnings released: P0.76 loss per share (vs P1.09 profit in FY 2020) Full year 2021 results: Net loss: P67.8m (down 170% from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Reported Earnings • May 30
Full year 2021 earnings released: P0.76 loss per share (vs P1.09 profit in FY 2020) Full year 2021 results: Net loss: P67.9m (down 170% from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 24
New 90-day low: P9.30 The company is down 2.0% from its price of P9.45 on 26 November 2020. The Batswana market is down 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Hospitality industry, which is up 2.0% over the same period. Is New 90 Day High Low • Dec 05
New 90-day low: P9.43 The company is down 1.0% from its price of P9.50 on 04 September 2020. The Batswana market is down 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Hospitality industry, which is up 4.0% over the same period. Is New 90 Day High Low • Nov 06
New 90-day low: P9.45 The company is down 1.0% from its price of P9.50 on 07 August 2020. The Batswana market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is down 4.0% over the same period. Is New 90 Day High Low • Oct 10
New 90-day low: P9.49 The company is down 10.0% from its price of P10.50 on 10 July 2020. The Batswana market is down 2.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Hospitality industry, which is down 21% over the same period. 
