Announcement • Mar 26
Sechaba Brewery Holdings Limited to Report Fiscal Year 2025 Results on Mar 31, 2026 Sechaba Brewery Holdings Limited announced that they will report fiscal year 2025 results on Mar 31, 2026 Announcement • Jun 04
Sechaba Brewery Holdings Limited, Annual General Meeting, Jun 26, 2025 Sechaba Brewery Holdings Limited, Annual General Meeting, Jun 26, 2025. Announcement • Mar 22
Sechaba Brewery Holdings Limited to Report Fiscal Year 2024 Results on Mar 31, 2025 Sechaba Brewery Holdings Limited announced that they will report fiscal year 2024 results on Mar 31, 2025 Upcoming Dividend • Oct 10
Upcoming dividend of P0.11 per share Eligible shareholders must have bought the stock before 17 October 2024. Payment date: 29 October 2024. Payout ratio is a comfortable 70% but the company is not cash flow positive. Trailing yield: 5.7%. Lower than top quartile of Batswana dividend payers (9.0%). In line with average of industry peers (5.5%). Declared Dividend • Sep 25
First half dividend of P0.11 announced Shareholders will receive a dividend of P0.11. Ex-date: 17th October 2024 Payment date: 29th October 2024 Dividend yield will be 14%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is covered by earnings (66% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.3% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 4.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • Jul 29
Investor sentiment improves as stock rises 38% After last week's 38% share price gain to P32.00, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 9x in the Beverage industry in Africa. Total returns to shareholders of 181% over the past three years. Buy Or Sell Opportunity • Jul 29
Now 55% overvalued after recent price rise Over the last 90 days, the stock has risen 39% to P32.00. The fair value is estimated to be P20.65, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Announcement • Jun 10
Sechaba Brewery Holdings Limited, Annual General Meeting, Jun 28, 2024 Sechaba Brewery Holdings Limited, Annual General Meeting, Jun 28, 2024. Announcement • Jun 09
Sechaba Brewery Holdings Limited Proposes Special Dividend Sechaba Brewery Holdings Limited announced that at the AGM to be held on 28 June 2024, the company proposed special dividend of 251.7 thebe per share. Announcement • Jun 08
Sechaba Brewery Holdings Limited Proposes Dividend for the Year Ended 31 December 2023 Sechaba Brewery Holdings Limited announced that at the AGM to be held on 28 June 2024, the company proposed the distribution of dividend declared for the year ended 31 December 2023 at 434.7 thebe per share composed of annual dividend of 183 thebe per share. Upcoming Dividend • Apr 25
Upcoming dividend of P4.24 per share Eligible shareholders must have bought the stock before 02 May 2024. Payment date: 15 May 2024. Payout ratio is a comfortable 75% but the company is not cash flow positive. Trailing yield: 7.9%. Lower than top quartile of Batswana dividend payers (8.4%). Higher than average of industry peers (0.3%). Upcoming Dividend • Oct 02
Upcoming dividend of P0.10 per share at 6.3% yield Eligible shareholders must have bought the stock before 09 October 2023. Payment date: 23 October 2023. Payout ratio is a comfortable 59% but the company is not cash flow positive. Trailing yield: 6.3%. Lower than top quartile of Batswana dividend payers (8.7%). Higher than average of industry peers (3.9%). Announcement • Sep 09
Sechaba Brewery Holdings Limited to Report First Half, 2023 Results on Sep 30, 2023 Sechaba Brewery Holdings Limited announced that they will report first half, 2023 results on Sep 30, 2023 Board Change • Aug 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Executive Independent Director Gorata Dibotelo was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Jul 23
Sechaba Brewery Holdings Limited Announces the Appointment of Gorata Tlhale Dibotelo as Non-Executive Independent Director Sechaba Brewery Holdings Limited announced the appointment of Ms. Gorata Tlhale Dibotelo to its Board of Directors as a Non-Executive Independent Director. Ms. Dibotelo has a Bachelor of Laws Degree from the University of Botswana, a Master's in Commercial Law from the University of Cape Town and has successfully completed the Executive Development Programme at Stellenbosch University Business School. Gorata currently serves as Head of Group Legal, Governance and Group Company Secretary at Letshego Holdings Limited. Ms. Dibotelo also previously held the position of Head of Legal Services and Board Secretary at the Botswana Stock Exchange (BSE). Before joining the BSE, Gorata worked for Armstrongs Attorneys as a Senior Associate. Her familiarity with the Botswana's legal system positions her positively as an experienced expert in legal, compliance, and regulatory environment. Ms. Dibotelo has keen interest in Environmental, Social, and Governance (ESG) compliance and reporting. Announcement • Jun 29
Sechaba Brewery Holdings Limited Approves Dividend for the Year Ended 31 December 2022 Sechaba Brewery Holdings Limited at its AGM held on June 27, 2023, approved to consider and ratify the distribution of dividend declared for the year ended 31 December 2022 at 158 thebe per share. Announcement • Jun 07
Sechaba Brewery Holdings Limited, Annual General Meeting, Jun 27, 2023 Sechaba Brewery Holdings Limited, Annual General Meeting, Jun 27, 2023, at 14:00 South Africa Standard Time. Agenda: To receive consider and adopt the Audited Financial Statements for the year ended 31 December 2022 together with the Auditors Report; to consider and ratify the distribution of dividend declared for the year ended 31 December 2022 at 158 thebe per share; to consider re-election of the directors; to ratify the remuneration paid to Non-Executive Directors for the year ended 31 December 2022; to consider and approve the remuneration to be paid to Non-Executive Directors for the upcoming year ending 31 December 2023; to ratify the remuneration paid to the auditors, Ernst & Young for the year ended 31 December 2022; to appoint Ernst & Young as auditors for the upcoming year and authorize the Directors to fix their remuneration; and to consider other matters. Upcoming Dividend • May 10
Upcoming dividend of P1.32 per share at 7.9% yield Eligible shareholders must have bought the stock before 17 May 2023. Payment date: 31 May 2023. Payout ratio is on the higher end at 78% but the company is not cash flow positive. Trailing yield: 7.9%. Lower than top quartile of Batswana dividend payers (9.5%). Higher than average of industry peers (5.1%). Board Change • Nov 16
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 2 experienced directors. No highly experienced directors. Independent Non-Executive Director Modise Mokone is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Upcoming Dividend • Sep 30
Upcoming dividend of P0.26 per share Eligible shareholders must have bought the stock before 07 October 2022. Payment date: 20 October 2022. Payout ratio is a comfortable 68% but the company is not cash flow positive. Trailing yield: 7.0%. Lower than top quartile of Batswana dividend payers (9.5%). Higher than average of industry peers (4.9%). Announcement • Jun 30
Sechaba Brewery Holdings Limited Approves Dividend for the Year Ended 31 December 2021 Sechaba Brewery Holdings Limited at the Annual General Meeting held on 28, June 2022, approved the distribution of dividend declared for the year ended 31 December 2021 at 114 thebe per share. Upcoming Dividend • May 02
Upcoming dividend of P0.98 per share Eligible shareholders must have bought the stock before 09 May 2022. Payment date: 23 May 2022. Payout ratio is a comfortable 63% but the company is not cash flow positive. Trailing yield: 6.6%. Lower than top quartile of Batswana dividend payers (9.0%). Higher than average of industry peers (2.9%). Board Change • Apr 27
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 2 experienced directors. No highly experienced directors. Independent Non-Executive Director Modise Mokone is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Upcoming Dividend • Sep 29
Upcoming dividend of P0.16 per share Eligible shareholders must have bought the stock before 06 October 2021. Payment date: 20 October 2021. Trailing yield: 1.9%. Lower than top quartile of Batswana dividend payers (8.0%). Lower than average of industry peers (2.7%). Executive Departure • Jul 13
MD & Executive Director Thabo Matthews has left the company On the 30th of June, Thabo Matthews' tenure as MD & Executive Director of the company ended after 1.5 years in the role. We don't have any record of a personal shareholding under Thabo's name. A total of 3 executives have left over the last 12 months. Under Thabo's leadership, the company delivered a total shareholder return of -22%. Upcoming Dividend • Apr 20
Upcoming dividend of P0.25 per share Eligible shareholders must have bought the stock before 27 April 2021. Payment date: 11 May 2021. Trailing yield: 1.5%. Lower than top quartile of Batswana dividend payers (8.7%). Lower than average of industry peers (4.5%). Is New 90 Day High Low • Mar 09
New 90-day low: P18.15 The company is down 12% from its price of P20.65 on 09 December 2020. The Batswana market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Beverage industry, which is up 3.0% over the same period. Announcement • Mar 07
Sechaba Brewery Holdings Limited Announces Executive Changes Sechaba Brewery Holdings Limited announced the appointment of the following three individuals, being Mr. Jayaraman (Jay) Ramesh, Ms. Boitumelo Paya and Mr. Meshack Tshekedi to its Board of Directors with effect from the 1 March 2021. Jay Ramesh, is a fellow member of the Botswana Institute of Chartered Accountants and Institute of Chartered Accountants of India. With over 35 years of experience in various local, regional and international leadership positions, Jay brings a wealth of experience with him into the Board. He is currently the non-executive Chairperson of Botho University and group institutions and Chairperson of the Government Audit Committee. Boitumelo Paya is a finance professional & strategic leader with 17 years post ACCA qualification experience gained in FMCG and has recently joined the telecommunications industry. She has international exposure with roles covering financial management, finance integration and business transformation, Global FP&A, strategic decision support, ZBB, M&A, Investor Relations at an international level. Meshack Tshekedi is the Chief Executive Officer of Botswana Oil Limited. With over 19 years of professional and strategic experience he holds a Bachelor of Science in Economics and Engineering as well as a Master of Science in Engineering. He brings a wealth of local and regional experience from various industries including Oil & Gas, FMCG, Mining, Engineering, Emergency Medical Services, Investment & Export promotion as well as Supply Chain Management where he held senior leadership positions. Is New 90 Day High Low • Dec 08
New 90-day low: P20.65 The company is down 4.0% from its price of P21.55 on 10 September 2020. The Batswana market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Beverage industry, which is up 11% over the same period. Is New 90 Day High Low • Nov 20
New 90-day low: P20.70 The company is down 4.0% from its price of P21.55 on 21 August 2020. The Batswana market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Beverage industry, which is up 13% over the same period. Is New 90 Day High Low • Nov 04
New 90-day low: P21.00 The company is down 3.0% from its price of P21.60 on 06 August 2020. The Batswana market is also down 3.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Beverage industry, which is up 8.0% over the same period. Is New 90 Day High Low • Oct 13
New 90-day low: P21.40 The company is down 1.0% from its price of P21.60 on 15 July 2020. The Batswana market is down 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Beverage industry, which is up 5.0% over the same period. 