Announcement • Mar 28
Cresta Marakanelo Limited to Report Fiscal Year 2025 Results on Mar 31, 2026 Cresta Marakanelo Limited announced that they will report fiscal year 2025 results on Mar 31, 2026 Announcement • Jun 06
Cresta Marakanelo Limited, Annual General Meeting, Jun 26, 2025 Cresta Marakanelo Limited, Annual General Meeting, Jun 26, 2025. Location: cresta lodge gaborone conference room, Botswana Reported Earnings • Oct 06
First half 2024 earnings released: EPS: P0.032 (vs P0.029 in 1H 2023) First half 2024 results: EPS: P0.032 (up from P0.029 in 1H 2023). Revenue: P187.1m (up 3.4% from 1H 2023). Net income: P5.70m (up 7.7% from 1H 2023). Profit margin: 3.0% (in line with 1H 2023). Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Jun 08
Cresta Marakanelo Limited, Annual General Meeting, Jun 27, 2024 Cresta Marakanelo Limited, Annual General Meeting, Jun 27, 2024. Location: cresta lodge gaborone conference room., Botswana Upcoming Dividend • May 15
Upcoming dividend of P0.043 per share Eligible shareholders must have bought the stock before 22 May 2024. Payment date: 30 May 2024. The company last paid an ordinary dividend in July 2013. The average dividend yield among industry peers is 4.8%. Announcement • Aug 31
Cresta Marakanelo Limited to Report First Half, 2023 Results on Sep 30, 2023 Cresta Marakanelo Limited announced that they will report first half, 2023 results on Sep 30, 2023 Announcement • Jun 09
Cresta Marakanelo Limited, Annual General Meeting, Jun 28, 2023 Cresta Marakanelo Limited, Annual General Meeting, Jun 28, 2023, at 06:30 Coordinated Universal Time. Location: Cresta Lodge Gaborone Conference Room Gabarone Botswana Agenda: To receive, consider and adopt the audited annual financial statements for the year ended 31 December 2022 together with the directors' and auditors' reports thereon; to approve the remuneration of the external auditors, Deloitte for the year ended 31 December 2022; to approve the appointment of Deloitte & Touche as external auditors for the year ending 31 December 2023 and to authorize the Board of Directors to determine their remuneration; and to consider other matters. Board Change • Nov 16
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. 6 non-independent directors. Independent Non-Executive Director Tshepidi Moremong-Ondoko was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 30
First half 2022 earnings released: EPS: P0.052 (vs P0.19 loss in 1H 2021) First half 2022 results: EPS: P0.052 (up from P0.19 loss in 1H 2021). Revenue: P164.9m (up 71% from 1H 2021). Net income: P9.44m (up P43.6m from 1H 2021). Profit margin: 5.7% (up from net loss in 1H 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance. Announcement • Jun 01
Cresta Marakanelo Limited, Annual General Meeting, Jun 21, 2022 Cresta Marakanelo Limited, Annual General Meeting, Jun 21, 2022, at 07:00 Coordinated Universal Time. Location: Cresta Lodge Gaborone Conference Room Gaborone Botswana Agenda: To receive, consider and adopt the audited annual financial statements for the year ended 31 December 2021 together with the directors' and auditors' reports thereon; to approve the remuneration of the external auditors for the year ended 31 December 2021; to approve the appointment of Deloitte & Touche as external auditors for the year ending 31 December 2022 and to authorize the Board of Directors to determine their remuneration; to approve the Remuneration report for the year ended 31 December 2021; to approve the Directors' remuneration for the year ended 31 December 2021; and to discuss other matters. 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. 6 non-independent directors. Independent Non-Executive Director Tshepidi Moremong-Ondoko was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 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. 6 non-independent directors. Independent Non-Executive Director Tshepidi Moremong-Ondoko was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 13
Cresta Marakanelo Limited Appoints Angelica Bojosi, Ditirwa Mphoeng and Joseph Hundah to the Board of Directors, with Effect from April 1, 2022 Cresta Marakanelo Limited announced non-executive director appointments. With effect from April 1, 2022, Cresta appointed Angelica Bojosi, Ditirwa Mphoeng and Joseph Hundah to the Board of Directors. Angelica Bojosi is admitted as an attorney of the High Courts of Botswana and as a solicitor of the Supreme Court of England and Wales. Angelica has over 18 years of experience practicing law specialising in corporate finance, compliance and general commercial law in both Botswana and the United Kingdom. Ditirwa Mphoeng is a well experienced ICT practitioner with a wealth of management experience across various industries in Botswana. Mr. Mphoeng is currently the Managing Director of Newline Technologies Ltd, an ICT company he founded and continues to run. Mr. Mphoeng brings along a wealth of Board experience having served in the founding Board of Botswana Fibre Networks and Botswana Railways. He currently serves on the Board of Mining Development Company of Botswana. Joseph Hundah is the Group Chief Operating Officer of the Masawara Group, a diversified investment holding company operating across Africa. He is an experienced executive and entrepreneur who over his career has worked across the African continent building and growing organizations in both the private and public sector. Reported Earnings • Apr 02
Full year 2021 earnings released Full year 2021 results: Revenue: P216.4m (up 6.8% from FY 2020). Net loss: P43.2m (loss narrowed 31% from FY 2020). Announcement • Mar 23
Cresta Marakanelo Limited to Report Fiscal Year 2021 Results on Mar 31, 2022 Cresta Marakanelo Limited announced that they will report fiscal year 2021 results on Mar 31, 2022 Announcement • Feb 09
Cresta Marakanelo Limited Announces Retirement of Gavin Sainsbury from the Board of Directors The Board of Cresta Marakanelo Limited ("Cresta" or "the Company") confirms the following non-executive director change. Mr. Gavin Sainsbury retired from the Board of Directors of the Company with effect from 7 February 2022. The Board is grateful to Mr. Sainsbury for his commitment and contribution to Cresta over the past ten years. Reported Earnings • Oct 03
First half 2021 earnings released: P0.19 loss per share (vs P0.19 loss in 1H 2020) The company reported a solid first half result with improved revenues and control over costs, although losses increased. First half 2021 results: Revenue: P96.5m (up 3.6% from 1H 2020). Net loss: P34.1m (loss widened 1.0% from 1H 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Dec 31
New 90-day low: P1.30 The company is down 2.0% from its price of P1.32 on 02 October 2020. The Batswana market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 3.0% over the same period. Announcement • Dec 30
Cresta Marakanelo Limited Enters into Agreements with Phakalane Estates Proprietary Limited Cresta Marakanelo Limited announced that it has entered into agreements with Phakalane Estates Proprietary Limited, Nectar Holdings Proprietary Limited and Real Time Services Proprietary Limited, for CML to lease Phakalane Golf Estate Hotel & Convention Centre and acquire certain hotel furniture, fittings and equipment for a consideration of P10,727,200. Phakalane Hotel is an established business in the hospitality industry, providing accommodation, conferencing facilities as well as food and beverages. The consideration was arrived at with reference to an independent valuation of the moveable assets and is payable over a 24-month period. The lease includes the golf course and will be for a period of 10 years with an option to renew for further 10-year periods. Is New 90 Day High Low • Sep 24
New 90-day low: P1.31 The company is down 3.0% from its price of P1.35 on 26 June 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 20% over the same period.