Choppies Enterprises (CHP) 주식 개요쵸피에스 엔터프라이즈는 보츠와나, 짐바브웨, 잠비아, 나미비아에서 슈퍼마켓 체인을 운영하고 있습니다. 자세히 보기CHP 펀더멘털 분석스노우플레이크 점수가치 평가2/6미래 성장0/6과거 실적3/6재무 건전성3/6배당0/6강점공정 가치 추정치보다 낮은 67.3% 에서 거래위험 분석이자 지급액이 수익으로 잘 충당되지 않음지난 3개월 동안 주가 변동성이 ZA 시장과 비교했을 때 매우 높았습니다.이익 마진 (1.2%)이 지난해 (2.4%)보다 낮습니다.모든 위험 점검 보기CHP Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW480,107 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA480,107 investors already sharing narrativesYour Fair ValueRCurrent PriceR1.3916.3% 저평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-542m18b2016201920222025202620282031Revenue P17.5bEarnings P215.4mAdvancedSet Fair ValueView all narrativesChoppies Enterprises Limited 경쟁사KAL GroupSymbol: JSE:KALMarket cap: R3.4bBoxer RetailSymbol: JSE:BOXMarket cap: R34.0bShoprite HoldingsSymbol: JSE:SHPMarket cap: R147.0bSPAR GroupSymbol: JSE:SPPMarket cap: R9.0b가격 이력 및 성과Choppies Enterprises 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가P1.3952주 최고가P8.0052주 최저가P1.18베타0.181개월 변동-6.08%3개월 변동-24.04%1년 변동-17.26%3년 변동117.19%5년 변동59.77%IPO 이후 변동-74.26%최근 뉴스 및 업데이트Recent Insider Transactions • Jun 29CEO & Executive Director recently bought R116k worth of stockOn the 23rd of June, Ramachandran Ottapathu bought around 62k shares on-market at roughly R1.87 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth R253k. Ramachandran has been a buyer over the last 12 months, purchasing a net total of R19m worth in shares.Valuation Update With 7 Day Price Move • Jun 12Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to R1.33, the stock trades at a trailing P/E ratio of 23.3x. Average trailing P/E is 16x in the Consumer Retailing industry in South Africa. Total returns to shareholders of 128% over the past three years.Board Change • Jun 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Non-Executive Director Natalie Graaff was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Recent Insider Transactions • May 21CEO & Executive Director recently bought R253k worth of stockOn the 20th of May, Ramachandran Ottapathu bought around 136k shares on-market at roughly R1.86 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Ramachandran has been a buyer over the last 12 months, purchasing a net total of R19m worth in shares.Upcoming Dividend • Apr 11Upcoming dividend of P0.01 per shareEligible shareholders must have bought the stock before 15 April 2026. Payment date: 29 April 2026. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of South African dividend payers (7.8%). Lower than average of industry peers (2.7%).Reported Earnings • Mar 31First half 2026 earnings released: EPS: P0.042 (vs P0.062 in 1H 2025)First half 2026 results: EPS: P0.042 (down from P0.062 in 1H 2025). Revenue: P5.09b (up 8.9% from 1H 2025). Net income: P77.0m (down 32% from 1H 2025). Profit margin: 1.5% (down from 2.4% in 1H 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 37% per year, which means it is well ahead of earnings.더 많은 업데이트 보기Recent updatesRecent Insider Transactions • Jun 29CEO & Executive Director recently bought R116k worth of stockOn the 23rd of June, Ramachandran Ottapathu bought around 62k shares on-market at roughly R1.87 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth R253k. Ramachandran has been a buyer over the last 12 months, purchasing a net total of R19m worth in shares.Valuation Update With 7 Day Price Move • Jun 12Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to R1.33, the stock trades at a trailing P/E ratio of 23.3x. Average trailing P/E is 16x in the Consumer Retailing industry in South Africa. Total returns to shareholders of 128% over the past three years.Board Change • Jun 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Non-Executive Director Natalie Graaff was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Recent Insider Transactions • May 21CEO & Executive Director recently bought R253k worth of stockOn the 20th of May, Ramachandran Ottapathu bought around 136k shares on-market at roughly R1.86 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Ramachandran has been a buyer over the last 12 months, purchasing a net total of R19m worth in shares.Upcoming Dividend • Apr 11Upcoming dividend of P0.01 per shareEligible shareholders must have bought the stock before 15 April 2026. Payment date: 29 April 2026. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of South African dividend payers (7.8%). Lower than average of industry peers (2.7%).Reported Earnings • Mar 31First half 2026 earnings released: EPS: P0.042 (vs P0.062 in 1H 2025)First half 2026 results: EPS: P0.042 (down from P0.062 in 1H 2025). Revenue: P5.09b (up 8.9% from 1H 2025). Net income: P77.0m (down 32% from 1H 2025). Profit margin: 1.5% (down from 2.4% in 1H 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 37% per year, which means it is well ahead of earnings.Declared Dividend • Mar 27First half dividend of P0.01 announcedShareholders will receive a dividend of P0.01. Ex-date: 15th April 2026 Payment date: 29th April 2026 Dividend yield will be 1.0%, which is lower than the industry average of 2.1%. Payout Ratios Payout ratio: 34%. Cash payout ratio: 8%.New Risk • Mar 26New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.4x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.4x net interest cover). Share price has been highly volatile over the past 3 months (19% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (1.2% net profit margin).공고 • Mar 09Choppies Enterprises Limited to Report First Half, 2026 Results on Mar 27, 2026Choppies Enterprises Limited announced that they will report first half, 2026 results on Mar 27, 2026Valuation Update With 7 Day Price Move • Mar 02Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to R1.97, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 19x in the Consumer Retailing industry in South Africa. Total returns to shareholders of 240% over the past three years.Valuation Update With 7 Day Price Move • Jan 11Investor sentiment deteriorates as stock falls 39%After last week's 39% share price decline to R4.88, the stock trades at a trailing P/E ratio of 22.5x. Average trailing P/E is 23x in the Consumer Retailing industry in South Africa. Total returns to shareholders of 495% over the past three years.New Risk • Dec 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South African stocks, typically moving 7.3% 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: Minor Risks High level of debt (80% net debt to equity). Share price has been volatile over the past 3 months (7.3% average weekly change). Profit margins are more than 30% lower than last year (1.7% net profit margin).Valuation Update With 7 Day Price Move • Dec 26Investor sentiment improves as stock rises 32%After last week's 32% share price gain to R7.58, the stock trades at a trailing P/E ratio of 18.6x. Average trailing P/E is 22x in the Consumer Retailing industry in South Africa. Total returns to shareholders of 835% over the past three years.Valuation Update With 7 Day Price Move • Dec 11Investor sentiment improves as stock rises 18%After last week's 18% share price gain to R4.88, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 22x in the Consumer Retailing industry in South Africa. Total returns to shareholders of 502% over the past three years.Valuation Update With 7 Day Price Move • Nov 25Investor sentiment improves as stock rises 16%After last week's 16% share price gain to R3.70, the stock trades at a trailing P/E ratio of 8.4x. Average trailing P/E is 20x in the Consumer Retailing industry in South Africa. Total returns to shareholders of 406% over the past three years.Recent Insider Transactions • Nov 05CEO & Executive Director recently bought R915k worth of stockOn the 3rd of November, Ramachandran Ottapathu bought around 993k shares on-market at roughly R0.92 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth R18m. Ramachandran has been a buyer over the last 12 months, purchasing a net total of R19m worth in shares.공고 • Oct 28Choppies Enterprises Limited, Annual General Meeting, Nov 28, 2025Choppies Enterprises Limited, Annual General Meeting, Nov 28, 2025. Location: choppies innovation centre, plot 196, gaborone international conference park, gaborone, BotswanaValuation Update With 7 Day Price Move • Oct 08Investor sentiment improves as stock rises 20%After last week's 20% share price gain to R2.39, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 20x in the Consumer Retailing industry in South Africa. Total returns to shareholders of 252% over the past three years.Recent Insider Transactions • Sep 29CEO & Executive Director recently bought R18m worth of stockOn the 25th of September, Ramachandran Ottapathu bought around 19m shares on-market at roughly R0.92 per share. This transaction amounted to 3.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Ramachandran has been a buyer over the last 12 months, purchasing a net total of R18m worth in shares.Reported Earnings • Sep 25Full year 2025 earnings released: EPS: P0.084 (vs P0.11 in FY 2024)Full year 2025 results: EPS: P0.084 (down from P0.11 in FY 2024). Revenue: P9.11b (up 15% from FY 2024). Net income: P153.0m (down 23% from FY 2024). Profit margin: 1.7% (down from 2.5% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.Declared Dividend • Sep 25First half dividend of P0.006 announcedShareholders will receive a dividend of P0.006. Ex-date: 22nd October 2025 Payment date: 5th November 2025 Dividend yield will be 1.5%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 64% to shift the payout ratio to a potentially unsustainable range, which is more than the 1.9% EPS decline seen over the last 5 years.공고 • Sep 17Choppies Enterprises Limited to Report Fiscal Year 2025 Results on Sep 22, 2025Choppies Enterprises Limited announced that they will report fiscal year 2025 results on Sep 22, 2025Valuation Update With 7 Day Price Move • Jun 24Investor sentiment improves as stock rises 18%After last week's 18% share price gain to R1.30, the stock trades at a trailing P/E ratio of 7x. Average trailing P/E is 22x in the Consumer Retailing industry in South Africa. Total returns to shareholders of 164% over the past three years.Valuation Update With 7 Day Price Move • May 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to R1.04, the stock trades at a trailing P/E ratio of 6x. Average trailing P/E is 21x in the Consumer Retailing industry in South Africa. Total returns to shareholders of 79% over the past three years.Upcoming Dividend • Apr 16Upcoming dividend of R0.022 per shareEligible shareholders must have bought the stock before 23 April 2025. Payment date: 08 May 2025. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 5.6%. Lower than top quartile of South African dividend payers (8.7%). Higher than average of industry peers (2.4%).Valuation Update With 7 Day Price Move • Mar 27Investor sentiment improves as stock rises 21%After last week's 21% share price gain to R1.09, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 21x in the Consumer Retailing industry in South Africa. Total returns to shareholders of 89% over the past three years.Reported Earnings • Mar 23First half 2025 earnings released: EPS: P0.062 (vs P0.058 in 1H 2024)First half 2025 results: EPS: P0.062 (up from P0.058 in 1H 2024). Revenue: P4.68b (up 19% from 1H 2024). Net income: P113.0m (up 7.6% from 1H 2024). Profit margin: 2.4% (down from 2.7% in 1H 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.공고 • Mar 20Choppies Enterprises Limited Declares Interim Dividend for the Six Months Ended December 31, 2024, Payable on 8 May 2025The board of Choppies Enterprises Limited declared an interim gross dividend of 1.6 thebe (2023: 1.6 thebe) per ordinary share for the six months ended December 31, 2024, payable to shareholders on 8 May 2025. Trading ex-dividend commences 23 April, 2025. Record date: 25 April, 2025. The net local dividend amount is 1.6 thebe per share for shareholders exempt from paying Dividends Tax and 1.44 thebe per share for shareholders liable to pay Dividends Tax.공고 • Mar 15Choppies Enterprises Limited to Report First Half, 2025 Results on Mar 24, 2025Choppies Enterprises Limited announced that they will report first half, 2025 results on Mar 24, 2025New Risk • Dec 11New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of South African stocks, typically moving 8.7% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.4x net interest cover). Share price has been highly volatile over the past 3 months (8.7% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (R1.23b market cap, or US$69.4m).공고 • Nov 05Choppies Enterprises Limited Announces Resignation of Andrew Dondo Mogajane as Non-Executive DirectorChoppies Enterprises Limited advised that Mr. Andrew Dondo Mogajane resigned as a non-executive director of the Company with effect from 4 November 2024, for personal reasons. The Board would like to thank Mr. Mogajane for his valuable contribution to the Company and wishes him well in his future endeavours. The Company has a primary listing on the BSE and a secondary listing on the JSE.공고 • Oct 29Choppies Enterprises Limited, Annual General Meeting, Nov 28, 2024Choppies Enterprises Limited, Annual General Meeting, Nov 28, 2024. Location: choppies innovation centre, plot 196, gaborone international conference park, gaborone BotswanaUpcoming Dividend • Oct 09Upcoming dividend of R0.019 per shareEligible shareholders must have bought the stock before 16 October 2024. Payment date: 28 October 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 5.4%. Lower than top quartile of South African dividend payers (7.4%). Higher than average of industry peers (2.3%).New Risk • Sep 29New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.4x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.4x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.8% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (R1.23b market cap, or US$71.9m).Reported Earnings • Sep 26Full year 2024 earnings releasedFull year 2024 results: Revenue: P8.48b (up 32% from FY 2023). Net income: P164.0m (up 12% from FY 2023). Profit margin: 1.9% (down from 2.3% in FY 2023). The decrease in margin was driven by higher expenses.공고 • Sep 25Choppies Enterprises Limited Declares Final Dividend for the Twelve Months Ended 30 June 2024, Payable on 28 October 2024Choppies Enterprises Limited announced that an interim cash dividend (number 07) of 1.6 thebe per share was paid on 16 April 2024. The board has declared a final dividend (number 08) of 1.4 thebe per share, payable on 28 October 2024, thus bringing the total dividend for the year to 3.0 thebe (2023: Nil thebe) per ordinary share. The salient dates and tax implication in respect of shareholders registered on the BSE are detailed below: Last day to trade cum dividend is on 15 October. Trading ex-dividend commences is on 16 October with Record date is on 18 October. Dividend payment date on 28 October. The salient dates in respect of shareholders registered on the Johannesburg Stock Exchange (‘JSE’) are detailed below: Last day to trade cum dividend on 15 October. Trading ex-dividend commences on 16 October with Record date on 18 October Dividend payment date is on 28 October.공고 • Sep 18+ 1 more updateChoppies Enterprises Limited to Report Fiscal Year 2024 Results on Sep 27, 2024Choppies Enterprises Limited announced that they will report fiscal year 2024 results on Sep 27, 2024New Risk • Sep 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 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 Share price has been highly volatile over the past 3 months (15% average weekly change). Minor Risks High level of debt (224% net debt to equity). Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (R1.26b market cap, or US$70.7m).Buy Or Sell Opportunity • Jun 03Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.6% to R0.57. The fair value is estimated to be R0.72, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 7.9%.Buy Or Sell Opportunity • May 13Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.8% to R0.55. The fair value is estimated to be R0.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 7.9%.Buy Or Sell Opportunity • Apr 25Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.3% to R0.55. The fair value is estimated to be R0.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 7.9%.Buy Or Sell Opportunity • Apr 15Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 18% to R0.55. The fair value is estimated to be R0.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 7.9%.Buy Or Sell Opportunity • Mar 28Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.2% to R0.59. The fair value is estimated to be R0.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 7.9%.Upcoming Dividend • Mar 27Upcoming dividend of R0.022 per shareEligible shareholders must have bought the stock before 03 April 2024. Payment date: 16 April 2024. Trailing yield: 6.7%. Lower than top quartile of South African dividend payers (8.9%). Higher than average of industry peers (2.3%).Buy Or Sell Opportunity • Mar 13Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to R0.53. The fair value is estimated to be R0.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 7.9%.공고 • Mar 01Choppies Enterprises Limited Declares Interim Gross Dividend, Payable on 16 April 2024The Board of Choppies Enterprises Limited has declared an interim gross dividend of 1.6 thebe (2022: Nil thebe) per ordinary share, payable to shareholders on 16 April 2024. In accordance with the dividend policy adopted at the time of the Botswana Stock Exchange listing, a dividend cover of three will be maintained. Record date: 5 April 2024. Trading ex-dividend commences: 3 April 2024. Last day to trade cum dividend: 2 April 2024. The dividend has been declared out of income reserves. In terms of the Dividends Tax, the following additional information is disclosed: The local Dividend Tax rate is 10%. The net local dividend amount is 1.6 thebe per share for shareholders exempt from paying Dividends Tax and 1.44 thebe per share for shareholders liable to pay Dividends Tax. This interim dividend is the first dividend since the fiscal year 2017, marking a milestone in the performance ofthe Group and the return of value add to shareholders.공고 • Feb 22+ 1 more updateChoppies Enterprises Limited to Report First Half, 2024 Results on Feb 29, 2024Choppies Enterprises Limited announced that they will report first half, 2024 results on Feb 29, 2024공고 • Oct 31Choppies Enterprises Limited, Annual General Meeting, Nov 27, 2023Choppies Enterprises Limited, Annual General Meeting, Nov 27, 2023, at 12:00 Coordinated Universal Time. Location: Choppies Innovation Centre, Plot 196, Gaborone International Conference Park Gaborone BotswanaNew Risk • Oct 05New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of South African stocks, typically moving 11% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.8x net interest cover). Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Shareholders have been diluted in the past year (40% increase in shares outstanding). Market cap is less than US$100m (R1.26b market cap, or US$65.1m).Reported Earnings • Sep 22Full year 2023 earnings released: EPS: P0.11 (vs P0.11 in FY 2022)Full year 2023 results: EPS: P0.11 (up from P0.11 in FY 2022). Revenue: P6.43b (up 6.5% from FY 2022). Net income: P147.0m (up 5.0% from FY 2022). Profit margin: 2.3% (in line with FY 2022).New Risk • Sep 15New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. 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 Negative equity (-P258m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Share price has been volatile over the past 3 months (10% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (40% increase in shares outstanding). Market cap is less than US$100m (R1.26b market cap, or US$66.4m).New Risk • Aug 30New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. 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 Negative equity (-P258m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Share price has been volatile over the past 3 months (10% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (40% increase in shares outstanding). Market cap is less than US$100m (R1.25b market cap, or US$67.4m).New Risk • Jul 02New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 40% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Negative equity (-P258m). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (40% increase in shares outstanding). Market cap is less than US$100m (R1.62b market cap, or US$86.1m).공고 • May 04Choppies Enterprises Limited Announces Board and Committee ChangesThe Board of Directors of Choppies Enterprises Limited notified its shareholders of the following: The Board has accepted the resignation of Mr. Thomas Pritchard as an independent non-executive director of the Company effective 1 May 2023 and as a member of the audit and risk committee, remuneration committee, investment committee and the social, ethics and human resources committee of the Company. The Board wishes to thank Mr. Pritchard for his services and expresses its appreciation for his valuable contribution to the Company since his appointment in September 2019. Mr. Ranjith Priyalal De Silva has been appointed in terms of the Company's Constitution, as an independent non-executive director of Choppies and Chairman of the Audit and Risk Committee ("ARC"), with effect from 1 May 2023. Priyalal's appointment is subject to confirmation by the shareholders of the Company at its next annual general meeting. Priyalal, a long serving Chartered Accountant in Botswana, retired as an Audit Partner of PricewaterhouseCoopers (PwC) Botswana on 30 June 2016 after serving PwC for 36 years (19 years as a partner). He also held the position of Chief Operating Officer of PwC Botswana from 1 July 2007 until his retirement on 30 June 2016. At PwC Botswana, he served a large portfolio of audit/tax clients. He operated as the "Trusted Business Advisor" to a number of large privately owned corporates in Botswana. His expertise is primarily in auditing, accounting, tax planning, financial investigations, financial management and governance.Reported Earnings • Mar 04First half 2023 earnings released: EPS: P0.054 (vs P0.081 in 1H 2022)First half 2023 results: EPS: P0.054 (down from P0.081 in 1H 2022). Revenue: P3.51b (up 8.9% from 1H 2022). Net income: P71.0m (down 32% from 1H 2022). Profit margin: 2.0% (down from 3.3% in 1H 2022).공고 • Jan 24Choppies Enterprises in Talks for Possible Acquisition of Fast- Moving Consumer Goods BusinessChoppies Enterprises Limited (BSM:CHOPPIES) has entered into talks for possible acquisition of a Botswana based company, operating a fast-moving consumer goods business.Recent Insider Transactions • Nov 16CEO & Executive Director recently bought R103k worth of stockOn the 10th of November, Ramachandran Ottapathu bought around 120k shares on-market at roughly R0.86 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth R1.1m. Ramachandran has been a buyer over the last 12 months, purchasing a net total of R2.0m worth in shares.Recent Insider Transactions • Oct 25CEO & Executive Director recently bought R1.1m worth of stockOn the 21st of October, Ramachandran Ottapathu bought around 1m shares on-market at roughly R0.84 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Ramachandran has been a buyer over the last 12 months, purchasing a net total of R1.9m worth in shares.Reported Earnings • Sep 22Full year 2022 earnings released: EPS: P0.11 (vs P0.065 in FY 2021)Full year 2022 results: EPS: P0.11 (up from P0.065 in FY 2021). Revenue: P6.04b (up 13% from FY 2021). Net income: P140.0m (up 65% from FY 2021). Profit margin: 2.3% (up from 1.6% in FY 2021). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • Sep 21Investor sentiment improved over the past weekAfter last week's 44% share price gain to R1.02, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 21x in the Consumer Retailing industry in South Africa. Total returns to shareholders of 28% over the past year.Recent Insider Transactions • Mar 03CEO & Executive Director recently bought R173k worth of stockOn the 1st of March, Ramachandran Ottapathu bought around 218k shares on-market at roughly R0.79 per share. This was the largest purchase by an insider in the last 3 months. Ramachandran has been a buyer over the last 12 months, purchasing a net total of R2.8m worth in shares.Recent Insider Transactions • Nov 24CEO & Executive Director recently bought R204k worth of stockOn the 23rd of November, Ramachandran Ottappath bought around 250k shares on-market at roughly R0.82 per share. This was the largest purchase by an insider in the last 3 months. Ramachandran has been a buyer over the last 12 months, purchasing a net total of R7.5m worth in shares.Reported Earnings • Sep 24Full year 2021 earnings released: EPS P0.065 (vs P0.081 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: P5.33b (down 1.7% from FY 2020). Net income: P84.8m (down 19% from FY 2020). Profit margin: 1.6% (down from 1.9% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Director Overboarding • Aug 28Director Valentine Chitalu has joined 6th company boardValentine Chitalu has been appointed to the board of Arc Minerals Limited (AIM:ARCM). Chitalu now sits on a total of 6 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.Director Overboarding • Aug 28Director Valentine Chitalu has joined 6th company boardValentine Chitalu has been appointed to the board of Arc Minerals Limited (AIM:ARCM). Chitalu now sits on a total of 6 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.Director Overboarding • Aug 28Director Valentine Chitalu has joined 6th company boardValentine Chitalu has been appointed to the board of Arc Minerals Limited (AIM:ARCM). Chitalu now sits on a total of 6 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.Director Overboarding • Aug 28Director Valentine Chitalu has joined 6th company boardValentine Chitalu has been appointed to the board of Arc Minerals Limited (AIM:ARCM). Chitalu now sits on a total of 6 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.Director Overboarding • Aug 28Director Valentine Chitalu has joined 6th company boardValentine Chitalu has been appointed to the board of Arc Minerals Limited (AIM:ARCM). Chitalu now sits on a total of 6 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.Director Overboarding • Aug 28Director Valentine Chitalu has joined 6th company boardValentine Chitalu has been appointed to the board of Arc Minerals Limited (AIM:ARCM). Chitalu now sits on a total of 6 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.Director Overboarding • Aug 28Director Valentine Chitalu has joined 6th company boardValentine Chitalu has been appointed to the board of Arc Minerals Limited (AIM:ARCM). Chitalu now sits on a total of 6 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.Director Overboarding • Aug 28Director Valentine Chitalu has joined 6th company boardValentine Chitalu has been appointed to the board of Arc Minerals Limited (AIM:ARCM). Chitalu now sits on a total of 6 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.Director Overboarding • Aug 28Director Valentine Chitalu has joined 6th company boardValentine Chitalu has been appointed to the board of Arc Minerals Limited (AIM:ARCM). Chitalu now sits on a total of 6 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.Director Overboarding • Aug 28Director Valentine Chitalu has joined 6th company boardValentine Chitalu has been appointed to the board of Arc Minerals Limited (AIM:ARCM). Chitalu now sits on a total of 6 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.Director Overboarding • Aug 12Director Valentine Chitalu has joined 5th company boardValentine Chitalu has been appointed to the board of Choppies Enterprises Limited (BSM:CHOPPIES). Chitalu now sits on a total of 5 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.Director Overboarding • Aug 12Director Valentine Chitalu has joined 5th company boardValentine Chitalu has been appointed to the board of Choppies Enterprises Limited (BSM:CHOPPIES). Chitalu now sits on a total of 5 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.Director Overboarding • Aug 12Director Valentine Chitalu has joined 5th company boardValentine Chitalu has been appointed to the board of Choppies Enterprises Limited (BSM:CHOPPIES). Chitalu now sits on a total of 5 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.Valuation Update With 7 Day Price Move • Jul 15Investor sentiment improved over the past weekAfter last week's 71% share price gain to P1.30, the stock trades at a trailing P/E ratio of 7.6x. Average trailing P/E is 26x in the Consumer Retailing industry in South Africa. Total loss to shareholders of 46% over the past three years.Recent Insider Transactions • May 27Deputy Chairman recently bought R1.1m worth of stockOn the 19th of May, Farouk Ismail bought around 1m shares on-market at roughly R0.79 per share. This was the largest purchase by an insider in the last 3 months. Farouk has been a buyer over the last 12 months, purchasing a net total of R17m worth in shares.Reported Earnings • Mar 19First half 2021 earnings released: EPS P0.05 (vs P0.052 in 1H 2020)The company reported a soft first half result with weaker earnings and revenues, although profit margins were improved. First half 2021 results: Revenue: P2.71b (down 8.7% from 1H 2020). Net income: P65.4m (down 3.8% from 1H 2020). Profit margin: 2.4% (up from 2.3% in 1H 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Mar 01New 90-day high: R0.75The company is up 10.0% from its price of R0.68 on 01 December 2020. The South African market is up 15% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Consumer Retailing industry, which is up 4.0% over the same period.주주 수익률CHPZA Consumer RetailingZA 시장7D-2.1%-1.0%-1.2%1Y-17.3%-9.3%8.5%전체 주주 수익률 보기수익률 대 산업: CHP은 지난 1년 동안 -9.3%의 수익을 기록한 ZA Consumer Retailing 산업보다 저조한 성과를 냈습니다.수익률 대 시장: CHP은 지난 1년 동안 8.5%를 기록한 ZA 시장보다 저조한 성과를 냈습니다.주가 변동성Is CHP's price volatile compared to industry and market?CHP volatilityCHP Average Weekly Movement10.4%Consumer Retailing Industry Average Movement4.2%Market Average Movement4.5%10% most volatile stocks in ZA Market9.7%10% least volatile stocks in ZA Market2.6%안정적인 주가: CHP의 주가는 지난 3개월 동안 ZA 시장보다 변동성이 컸습니다.시간에 따른 변동성: CHP의 주간 변동성(10%)은 지난 1년 동안 안정적이었지만 ZA 종목 중 상위 75%보다 높습니다.회사 소개설립직원 수CEO웹사이트198611,849Ram Ottapathuchoppies.co.bw쵸피에스 엔터프라이즈는 보츠와나, 짐바브웨, 잠비아, 나미비아에서 슈퍼마켓 체인을 운영하고 있습니다. 이 회사의 매장에서는 식품, 식료품, 담배 제품, 미용 제품 및 기타 일반 상품을 판매합니다. 또한 부가가치가 높은 금융 서비스도 제공합니다.더 보기Choppies Enterprises Limited 기초 지표 요약Choppies Enterprises의 순이익과 매출은 시가총액과 어떻게 비교됩니까?CHP 기초 통계시가총액R3.43b순이익 (TTM)R148.58m매출 (TTM)R12.09b23.1x주가수익비율(P/E)0.3x주가매출비율(P/S)CHP는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표CHP 손익계산서 (TTM)매출P9.52b매출원가P7.68b총이익P1.85b기타 비용P1.73b순이익P117.00m최근 보고된 실적Dec 31, 2025다음 실적 발표일해당 없음주당순이익(EPS)0.064총이익률19.38%순이익률1.23%부채/자본 비율98.0%CHP의 장기 실적은 어땠습니까?과거 실적 및 비교 보기배당1.5%현재 배당 수익률25%배당 성향View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/24 03:46종가2026/07/23 00:00수익2025/12/31연간 수익2025/06/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Choppies Enterprises Limited는 1명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Victor DimaArqaam Capital Research Offshore S.A.L.
Recent Insider Transactions • Jun 29CEO & Executive Director recently bought R116k worth of stockOn the 23rd of June, Ramachandran Ottapathu bought around 62k shares on-market at roughly R1.87 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth R253k. Ramachandran has been a buyer over the last 12 months, purchasing a net total of R19m worth in shares.
Valuation Update With 7 Day Price Move • Jun 12Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to R1.33, the stock trades at a trailing P/E ratio of 23.3x. Average trailing P/E is 16x in the Consumer Retailing industry in South Africa. Total returns to shareholders of 128% over the past three years.
Board Change • Jun 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Non-Executive Director Natalie Graaff was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions • May 21CEO & Executive Director recently bought R253k worth of stockOn the 20th of May, Ramachandran Ottapathu bought around 136k shares on-market at roughly R1.86 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Ramachandran has been a buyer over the last 12 months, purchasing a net total of R19m worth in shares.
Upcoming Dividend • Apr 11Upcoming dividend of P0.01 per shareEligible shareholders must have bought the stock before 15 April 2026. Payment date: 29 April 2026. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of South African dividend payers (7.8%). Lower than average of industry peers (2.7%).
Reported Earnings • Mar 31First half 2026 earnings released: EPS: P0.042 (vs P0.062 in 1H 2025)First half 2026 results: EPS: P0.042 (down from P0.062 in 1H 2025). Revenue: P5.09b (up 8.9% from 1H 2025). Net income: P77.0m (down 32% from 1H 2025). Profit margin: 1.5% (down from 2.4% in 1H 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 37% per year, which means it is well ahead of earnings.
Recent Insider Transactions • Jun 29CEO & Executive Director recently bought R116k worth of stockOn the 23rd of June, Ramachandran Ottapathu bought around 62k shares on-market at roughly R1.87 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth R253k. Ramachandran has been a buyer over the last 12 months, purchasing a net total of R19m worth in shares.
Valuation Update With 7 Day Price Move • Jun 12Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to R1.33, the stock trades at a trailing P/E ratio of 23.3x. Average trailing P/E is 16x in the Consumer Retailing industry in South Africa. Total returns to shareholders of 128% over the past three years.
Board Change • Jun 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Non-Executive Director Natalie Graaff was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions • May 21CEO & Executive Director recently bought R253k worth of stockOn the 20th of May, Ramachandran Ottapathu bought around 136k shares on-market at roughly R1.86 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Ramachandran has been a buyer over the last 12 months, purchasing a net total of R19m worth in shares.
Upcoming Dividend • Apr 11Upcoming dividend of P0.01 per shareEligible shareholders must have bought the stock before 15 April 2026. Payment date: 29 April 2026. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of South African dividend payers (7.8%). Lower than average of industry peers (2.7%).
Reported Earnings • Mar 31First half 2026 earnings released: EPS: P0.042 (vs P0.062 in 1H 2025)First half 2026 results: EPS: P0.042 (down from P0.062 in 1H 2025). Revenue: P5.09b (up 8.9% from 1H 2025). Net income: P77.0m (down 32% from 1H 2025). Profit margin: 1.5% (down from 2.4% in 1H 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 37% per year, which means it is well ahead of earnings.
Declared Dividend • Mar 27First half dividend of P0.01 announcedShareholders will receive a dividend of P0.01. Ex-date: 15th April 2026 Payment date: 29th April 2026 Dividend yield will be 1.0%, which is lower than the industry average of 2.1%. Payout Ratios Payout ratio: 34%. Cash payout ratio: 8%.
New Risk • Mar 26New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.4x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.4x net interest cover). Share price has been highly volatile over the past 3 months (19% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (1.2% net profit margin).
공고 • Mar 09Choppies Enterprises Limited to Report First Half, 2026 Results on Mar 27, 2026Choppies Enterprises Limited announced that they will report first half, 2026 results on Mar 27, 2026
Valuation Update With 7 Day Price Move • Mar 02Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to R1.97, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 19x in the Consumer Retailing industry in South Africa. Total returns to shareholders of 240% over the past three years.
Valuation Update With 7 Day Price Move • Jan 11Investor sentiment deteriorates as stock falls 39%After last week's 39% share price decline to R4.88, the stock trades at a trailing P/E ratio of 22.5x. Average trailing P/E is 23x in the Consumer Retailing industry in South Africa. Total returns to shareholders of 495% over the past three years.
New Risk • Dec 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South African stocks, typically moving 7.3% 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: Minor Risks High level of debt (80% net debt to equity). Share price has been volatile over the past 3 months (7.3% average weekly change). Profit margins are more than 30% lower than last year (1.7% net profit margin).
Valuation Update With 7 Day Price Move • Dec 26Investor sentiment improves as stock rises 32%After last week's 32% share price gain to R7.58, the stock trades at a trailing P/E ratio of 18.6x. Average trailing P/E is 22x in the Consumer Retailing industry in South Africa. Total returns to shareholders of 835% over the past three years.
Valuation Update With 7 Day Price Move • Dec 11Investor sentiment improves as stock rises 18%After last week's 18% share price gain to R4.88, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 22x in the Consumer Retailing industry in South Africa. Total returns to shareholders of 502% over the past three years.
Valuation Update With 7 Day Price Move • Nov 25Investor sentiment improves as stock rises 16%After last week's 16% share price gain to R3.70, the stock trades at a trailing P/E ratio of 8.4x. Average trailing P/E is 20x in the Consumer Retailing industry in South Africa. Total returns to shareholders of 406% over the past three years.
Recent Insider Transactions • Nov 05CEO & Executive Director recently bought R915k worth of stockOn the 3rd of November, Ramachandran Ottapathu bought around 993k shares on-market at roughly R0.92 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth R18m. Ramachandran has been a buyer over the last 12 months, purchasing a net total of R19m worth in shares.
공고 • Oct 28Choppies Enterprises Limited, Annual General Meeting, Nov 28, 2025Choppies Enterprises Limited, Annual General Meeting, Nov 28, 2025. Location: choppies innovation centre, plot 196, gaborone international conference park, gaborone, Botswana
Valuation Update With 7 Day Price Move • Oct 08Investor sentiment improves as stock rises 20%After last week's 20% share price gain to R2.39, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 20x in the Consumer Retailing industry in South Africa. Total returns to shareholders of 252% over the past three years.
Recent Insider Transactions • Sep 29CEO & Executive Director recently bought R18m worth of stockOn the 25th of September, Ramachandran Ottapathu bought around 19m shares on-market at roughly R0.92 per share. This transaction amounted to 3.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Ramachandran has been a buyer over the last 12 months, purchasing a net total of R18m worth in shares.
Reported Earnings • Sep 25Full year 2025 earnings released: EPS: P0.084 (vs P0.11 in FY 2024)Full year 2025 results: EPS: P0.084 (down from P0.11 in FY 2024). Revenue: P9.11b (up 15% from FY 2024). Net income: P153.0m (down 23% from FY 2024). Profit margin: 1.7% (down from 2.5% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.
Declared Dividend • Sep 25First half dividend of P0.006 announcedShareholders will receive a dividend of P0.006. Ex-date: 22nd October 2025 Payment date: 5th November 2025 Dividend yield will be 1.5%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 64% to shift the payout ratio to a potentially unsustainable range, which is more than the 1.9% EPS decline seen over the last 5 years.
공고 • Sep 17Choppies Enterprises Limited to Report Fiscal Year 2025 Results on Sep 22, 2025Choppies Enterprises Limited announced that they will report fiscal year 2025 results on Sep 22, 2025
Valuation Update With 7 Day Price Move • Jun 24Investor sentiment improves as stock rises 18%After last week's 18% share price gain to R1.30, the stock trades at a trailing P/E ratio of 7x. Average trailing P/E is 22x in the Consumer Retailing industry in South Africa. Total returns to shareholders of 164% over the past three years.
Valuation Update With 7 Day Price Move • May 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to R1.04, the stock trades at a trailing P/E ratio of 6x. Average trailing P/E is 21x in the Consumer Retailing industry in South Africa. Total returns to shareholders of 79% over the past three years.
Upcoming Dividend • Apr 16Upcoming dividend of R0.022 per shareEligible shareholders must have bought the stock before 23 April 2025. Payment date: 08 May 2025. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 5.6%. Lower than top quartile of South African dividend payers (8.7%). Higher than average of industry peers (2.4%).
Valuation Update With 7 Day Price Move • Mar 27Investor sentiment improves as stock rises 21%After last week's 21% share price gain to R1.09, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 21x in the Consumer Retailing industry in South Africa. Total returns to shareholders of 89% over the past three years.
Reported Earnings • Mar 23First half 2025 earnings released: EPS: P0.062 (vs P0.058 in 1H 2024)First half 2025 results: EPS: P0.062 (up from P0.058 in 1H 2024). Revenue: P4.68b (up 19% from 1H 2024). Net income: P113.0m (up 7.6% from 1H 2024). Profit margin: 2.4% (down from 2.7% in 1H 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
공고 • Mar 20Choppies Enterprises Limited Declares Interim Dividend for the Six Months Ended December 31, 2024, Payable on 8 May 2025The board of Choppies Enterprises Limited declared an interim gross dividend of 1.6 thebe (2023: 1.6 thebe) per ordinary share for the six months ended December 31, 2024, payable to shareholders on 8 May 2025. Trading ex-dividend commences 23 April, 2025. Record date: 25 April, 2025. The net local dividend amount is 1.6 thebe per share for shareholders exempt from paying Dividends Tax and 1.44 thebe per share for shareholders liable to pay Dividends Tax.
공고 • Mar 15Choppies Enterprises Limited to Report First Half, 2025 Results on Mar 24, 2025Choppies Enterprises Limited announced that they will report first half, 2025 results on Mar 24, 2025
New Risk • Dec 11New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of South African stocks, typically moving 8.7% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.4x net interest cover). Share price has been highly volatile over the past 3 months (8.7% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (R1.23b market cap, or US$69.4m).
공고 • Nov 05Choppies Enterprises Limited Announces Resignation of Andrew Dondo Mogajane as Non-Executive DirectorChoppies Enterprises Limited advised that Mr. Andrew Dondo Mogajane resigned as a non-executive director of the Company with effect from 4 November 2024, for personal reasons. The Board would like to thank Mr. Mogajane for his valuable contribution to the Company and wishes him well in his future endeavours. The Company has a primary listing on the BSE and a secondary listing on the JSE.
공고 • Oct 29Choppies Enterprises Limited, Annual General Meeting, Nov 28, 2024Choppies Enterprises Limited, Annual General Meeting, Nov 28, 2024. Location: choppies innovation centre, plot 196, gaborone international conference park, gaborone Botswana
Upcoming Dividend • Oct 09Upcoming dividend of R0.019 per shareEligible shareholders must have bought the stock before 16 October 2024. Payment date: 28 October 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 5.4%. Lower than top quartile of South African dividend payers (7.4%). Higher than average of industry peers (2.3%).
New Risk • Sep 29New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.4x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.4x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.8% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (R1.23b market cap, or US$71.9m).
Reported Earnings • Sep 26Full year 2024 earnings releasedFull year 2024 results: Revenue: P8.48b (up 32% from FY 2023). Net income: P164.0m (up 12% from FY 2023). Profit margin: 1.9% (down from 2.3% in FY 2023). The decrease in margin was driven by higher expenses.
공고 • Sep 25Choppies Enterprises Limited Declares Final Dividend for the Twelve Months Ended 30 June 2024, Payable on 28 October 2024Choppies Enterprises Limited announced that an interim cash dividend (number 07) of 1.6 thebe per share was paid on 16 April 2024. The board has declared a final dividend (number 08) of 1.4 thebe per share, payable on 28 October 2024, thus bringing the total dividend for the year to 3.0 thebe (2023: Nil thebe) per ordinary share. The salient dates and tax implication in respect of shareholders registered on the BSE are detailed below: Last day to trade cum dividend is on 15 October. Trading ex-dividend commences is on 16 October with Record date is on 18 October. Dividend payment date on 28 October. The salient dates in respect of shareholders registered on the Johannesburg Stock Exchange (‘JSE’) are detailed below: Last day to trade cum dividend on 15 October. Trading ex-dividend commences on 16 October with Record date on 18 October Dividend payment date is on 28 October.
공고 • Sep 18+ 1 more updateChoppies Enterprises Limited to Report Fiscal Year 2024 Results on Sep 27, 2024Choppies Enterprises Limited announced that they will report fiscal year 2024 results on Sep 27, 2024
New Risk • Sep 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 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 Share price has been highly volatile over the past 3 months (15% average weekly change). Minor Risks High level of debt (224% net debt to equity). Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (R1.26b market cap, or US$70.7m).
Buy Or Sell Opportunity • Jun 03Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.6% to R0.57. The fair value is estimated to be R0.72, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 7.9%.
Buy Or Sell Opportunity • May 13Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.8% to R0.55. The fair value is estimated to be R0.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 7.9%.
Buy Or Sell Opportunity • Apr 25Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.3% to R0.55. The fair value is estimated to be R0.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 7.9%.
Buy Or Sell Opportunity • Apr 15Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 18% to R0.55. The fair value is estimated to be R0.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 7.9%.
Buy Or Sell Opportunity • Mar 28Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.2% to R0.59. The fair value is estimated to be R0.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 7.9%.
Upcoming Dividend • Mar 27Upcoming dividend of R0.022 per shareEligible shareholders must have bought the stock before 03 April 2024. Payment date: 16 April 2024. Trailing yield: 6.7%. Lower than top quartile of South African dividend payers (8.9%). Higher than average of industry peers (2.3%).
Buy Or Sell Opportunity • Mar 13Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to R0.53. The fair value is estimated to be R0.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 7.9%.
공고 • Mar 01Choppies Enterprises Limited Declares Interim Gross Dividend, Payable on 16 April 2024The Board of Choppies Enterprises Limited has declared an interim gross dividend of 1.6 thebe (2022: Nil thebe) per ordinary share, payable to shareholders on 16 April 2024. In accordance with the dividend policy adopted at the time of the Botswana Stock Exchange listing, a dividend cover of three will be maintained. Record date: 5 April 2024. Trading ex-dividend commences: 3 April 2024. Last day to trade cum dividend: 2 April 2024. The dividend has been declared out of income reserves. In terms of the Dividends Tax, the following additional information is disclosed: The local Dividend Tax rate is 10%. The net local dividend amount is 1.6 thebe per share for shareholders exempt from paying Dividends Tax and 1.44 thebe per share for shareholders liable to pay Dividends Tax. This interim dividend is the first dividend since the fiscal year 2017, marking a milestone in the performance ofthe Group and the return of value add to shareholders.
공고 • Feb 22+ 1 more updateChoppies Enterprises Limited to Report First Half, 2024 Results on Feb 29, 2024Choppies Enterprises Limited announced that they will report first half, 2024 results on Feb 29, 2024
공고 • Oct 31Choppies Enterprises Limited, Annual General Meeting, Nov 27, 2023Choppies Enterprises Limited, Annual General Meeting, Nov 27, 2023, at 12:00 Coordinated Universal Time. Location: Choppies Innovation Centre, Plot 196, Gaborone International Conference Park Gaborone Botswana
New Risk • Oct 05New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of South African stocks, typically moving 11% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.8x net interest cover). Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Shareholders have been diluted in the past year (40% increase in shares outstanding). Market cap is less than US$100m (R1.26b market cap, or US$65.1m).
Reported Earnings • Sep 22Full year 2023 earnings released: EPS: P0.11 (vs P0.11 in FY 2022)Full year 2023 results: EPS: P0.11 (up from P0.11 in FY 2022). Revenue: P6.43b (up 6.5% from FY 2022). Net income: P147.0m (up 5.0% from FY 2022). Profit margin: 2.3% (in line with FY 2022).
New Risk • Sep 15New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. 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 Negative equity (-P258m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Share price has been volatile over the past 3 months (10% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (40% increase in shares outstanding). Market cap is less than US$100m (R1.26b market cap, or US$66.4m).
New Risk • Aug 30New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. 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 Negative equity (-P258m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Share price has been volatile over the past 3 months (10% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (40% increase in shares outstanding). Market cap is less than US$100m (R1.25b market cap, or US$67.4m).
New Risk • Jul 02New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 40% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Negative equity (-P258m). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (40% increase in shares outstanding). Market cap is less than US$100m (R1.62b market cap, or US$86.1m).
공고 • May 04Choppies Enterprises Limited Announces Board and Committee ChangesThe Board of Directors of Choppies Enterprises Limited notified its shareholders of the following: The Board has accepted the resignation of Mr. Thomas Pritchard as an independent non-executive director of the Company effective 1 May 2023 and as a member of the audit and risk committee, remuneration committee, investment committee and the social, ethics and human resources committee of the Company. The Board wishes to thank Mr. Pritchard for his services and expresses its appreciation for his valuable contribution to the Company since his appointment in September 2019. Mr. Ranjith Priyalal De Silva has been appointed in terms of the Company's Constitution, as an independent non-executive director of Choppies and Chairman of the Audit and Risk Committee ("ARC"), with effect from 1 May 2023. Priyalal's appointment is subject to confirmation by the shareholders of the Company at its next annual general meeting. Priyalal, a long serving Chartered Accountant in Botswana, retired as an Audit Partner of PricewaterhouseCoopers (PwC) Botswana on 30 June 2016 after serving PwC for 36 years (19 years as a partner). He also held the position of Chief Operating Officer of PwC Botswana from 1 July 2007 until his retirement on 30 June 2016. At PwC Botswana, he served a large portfolio of audit/tax clients. He operated as the "Trusted Business Advisor" to a number of large privately owned corporates in Botswana. His expertise is primarily in auditing, accounting, tax planning, financial investigations, financial management and governance.
Reported Earnings • Mar 04First half 2023 earnings released: EPS: P0.054 (vs P0.081 in 1H 2022)First half 2023 results: EPS: P0.054 (down from P0.081 in 1H 2022). Revenue: P3.51b (up 8.9% from 1H 2022). Net income: P71.0m (down 32% from 1H 2022). Profit margin: 2.0% (down from 3.3% in 1H 2022).
공고 • Jan 24Choppies Enterprises in Talks for Possible Acquisition of Fast- Moving Consumer Goods BusinessChoppies Enterprises Limited (BSM:CHOPPIES) has entered into talks for possible acquisition of a Botswana based company, operating a fast-moving consumer goods business.
Recent Insider Transactions • Nov 16CEO & Executive Director recently bought R103k worth of stockOn the 10th of November, Ramachandran Ottapathu bought around 120k shares on-market at roughly R0.86 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth R1.1m. Ramachandran has been a buyer over the last 12 months, purchasing a net total of R2.0m worth in shares.
Recent Insider Transactions • Oct 25CEO & Executive Director recently bought R1.1m worth of stockOn the 21st of October, Ramachandran Ottapathu bought around 1m shares on-market at roughly R0.84 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Ramachandran has been a buyer over the last 12 months, purchasing a net total of R1.9m worth in shares.
Reported Earnings • Sep 22Full year 2022 earnings released: EPS: P0.11 (vs P0.065 in FY 2021)Full year 2022 results: EPS: P0.11 (up from P0.065 in FY 2021). Revenue: P6.04b (up 13% from FY 2021). Net income: P140.0m (up 65% from FY 2021). Profit margin: 2.3% (up from 1.6% in FY 2021). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • Sep 21Investor sentiment improved over the past weekAfter last week's 44% share price gain to R1.02, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 21x in the Consumer Retailing industry in South Africa. Total returns to shareholders of 28% over the past year.
Recent Insider Transactions • Mar 03CEO & Executive Director recently bought R173k worth of stockOn the 1st of March, Ramachandran Ottapathu bought around 218k shares on-market at roughly R0.79 per share. This was the largest purchase by an insider in the last 3 months. Ramachandran has been a buyer over the last 12 months, purchasing a net total of R2.8m worth in shares.
Recent Insider Transactions • Nov 24CEO & Executive Director recently bought R204k worth of stockOn the 23rd of November, Ramachandran Ottappath bought around 250k shares on-market at roughly R0.82 per share. This was the largest purchase by an insider in the last 3 months. Ramachandran has been a buyer over the last 12 months, purchasing a net total of R7.5m worth in shares.
Reported Earnings • Sep 24Full year 2021 earnings released: EPS P0.065 (vs P0.081 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: P5.33b (down 1.7% from FY 2020). Net income: P84.8m (down 19% from FY 2020). Profit margin: 1.6% (down from 1.9% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Director Overboarding • Aug 28Director Valentine Chitalu has joined 6th company boardValentine Chitalu has been appointed to the board of Arc Minerals Limited (AIM:ARCM). Chitalu now sits on a total of 6 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.
Director Overboarding • Aug 28Director Valentine Chitalu has joined 6th company boardValentine Chitalu has been appointed to the board of Arc Minerals Limited (AIM:ARCM). Chitalu now sits on a total of 6 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.
Director Overboarding • Aug 28Director Valentine Chitalu has joined 6th company boardValentine Chitalu has been appointed to the board of Arc Minerals Limited (AIM:ARCM). Chitalu now sits on a total of 6 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.
Director Overboarding • Aug 28Director Valentine Chitalu has joined 6th company boardValentine Chitalu has been appointed to the board of Arc Minerals Limited (AIM:ARCM). Chitalu now sits on a total of 6 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.
Director Overboarding • Aug 28Director Valentine Chitalu has joined 6th company boardValentine Chitalu has been appointed to the board of Arc Minerals Limited (AIM:ARCM). Chitalu now sits on a total of 6 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.
Director Overboarding • Aug 28Director Valentine Chitalu has joined 6th company boardValentine Chitalu has been appointed to the board of Arc Minerals Limited (AIM:ARCM). Chitalu now sits on a total of 6 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.
Director Overboarding • Aug 28Director Valentine Chitalu has joined 6th company boardValentine Chitalu has been appointed to the board of Arc Minerals Limited (AIM:ARCM). Chitalu now sits on a total of 6 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.
Director Overboarding • Aug 28Director Valentine Chitalu has joined 6th company boardValentine Chitalu has been appointed to the board of Arc Minerals Limited (AIM:ARCM). Chitalu now sits on a total of 6 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.
Director Overboarding • Aug 28Director Valentine Chitalu has joined 6th company boardValentine Chitalu has been appointed to the board of Arc Minerals Limited (AIM:ARCM). Chitalu now sits on a total of 6 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.
Director Overboarding • Aug 28Director Valentine Chitalu has joined 6th company boardValentine Chitalu has been appointed to the board of Arc Minerals Limited (AIM:ARCM). Chitalu now sits on a total of 6 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.
Director Overboarding • Aug 12Director Valentine Chitalu has joined 5th company boardValentine Chitalu has been appointed to the board of Choppies Enterprises Limited (BSM:CHOPPIES). Chitalu now sits on a total of 5 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.
Director Overboarding • Aug 12Director Valentine Chitalu has joined 5th company boardValentine Chitalu has been appointed to the board of Choppies Enterprises Limited (BSM:CHOPPIES). Chitalu now sits on a total of 5 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.
Director Overboarding • Aug 12Director Valentine Chitalu has joined 5th company boardValentine Chitalu has been appointed to the board of Choppies Enterprises Limited (BSM:CHOPPIES). Chitalu now sits on a total of 5 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations.
Valuation Update With 7 Day Price Move • Jul 15Investor sentiment improved over the past weekAfter last week's 71% share price gain to P1.30, the stock trades at a trailing P/E ratio of 7.6x. Average trailing P/E is 26x in the Consumer Retailing industry in South Africa. Total loss to shareholders of 46% over the past three years.
Recent Insider Transactions • May 27Deputy Chairman recently bought R1.1m worth of stockOn the 19th of May, Farouk Ismail bought around 1m shares on-market at roughly R0.79 per share. This was the largest purchase by an insider in the last 3 months. Farouk has been a buyer over the last 12 months, purchasing a net total of R17m worth in shares.
Reported Earnings • Mar 19First half 2021 earnings released: EPS P0.05 (vs P0.052 in 1H 2020)The company reported a soft first half result with weaker earnings and revenues, although profit margins were improved. First half 2021 results: Revenue: P2.71b (down 8.7% from 1H 2020). Net income: P65.4m (down 3.8% from 1H 2020). Profit margin: 2.4% (up from 2.3% in 1H 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Mar 01New 90-day high: R0.75The company is up 10.0% from its price of R0.68 on 01 December 2020. The South African market is up 15% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Consumer Retailing industry, which is up 4.0% over the same period.
