Announcement • Jan 27
Oceana Group Limited, Annual General Meeting, Feb 25, 2026 Oceana Group Limited, Annual General Meeting, Feb 25, 2026. Location: 7th floor, oceana house, 25 jan smuts street, foreshore, cape town South Africa Announcement • Jan 02
Oceana Group Limited Announces Board and Committee Changes Oceana Group Limited announced the appointment of Mr. Aboubakar (Bakar) Jakoet as Lead Independent Director of the Company as well as the Chairperson of the Corporate Governance and Nominations Committee with effect from January 1, 2026. Mr. Jakoet has been an independent non-executive director of the Company since his appointment in 2019. He is a Chartered Accountant and an experienced director. Mr. Jakoet is also the Chairperson of the Risk Committee, and a Member of the Audit Committee. Oceana Group Limited also announced that Mr. Peter de Beyer has resigned from his position as the longstanding Lead Independent Director of the Company as well as the Chairperson of the Corporate Governance and Nominations Committee with effect from December 31, 2025. Mr. de Beyer remains a board member of the Company as well as a Member of the Remuneration Committee and the Corporate Governance and Nominations Committee. Announcement • Dec 04
Marine Edge Capital Proprietary Limited agreed to acquire 9.979649 %stake in Oceana Group Limited (JSE:OCE) from Newshelf 1063 (RF) (Pty) Ltd for approximately ZAR 630 million. Marine Edge Capital Proprietary Limited agreed to acquire 9.979649 % stake in Oceana Group Limited (JSE:OCE) from Newshelf 1063 (RF) (Pty) Ltd for approximately ZAR 630 million on December 3, 2025.
The expected completion of the transaction is December 10, 2025.
Nedbank Corporate and Investment Banking acted as joint Investment Bank, Corporate Advisor and Transaction Sponsor for Brimstone Investment Corporation Limited. The Standard Bank of South Africa Limited acted as Joint Investment Bank and Corporate Advisor for Brimstone Investment Corporation Limited. Cliffe Dekker Hofmeyr Inc. acted as legal advisor for Brimstone Investment Corporation Limited. Announcement • Nov 24
Oceana Group Limited Announces Changes to the Board, Effective 1 January 2026 Oceana Group Limited at its Board meeting held on 21st November 2025 (post its financial year), approved the following board changes: Peter de Beyer will stand down as Lead Independent Director, effective 1 January 2026,
and will remain a member of the board. Aboubakar (Bakar) Jakoet is appointed as Lead Independent Director, effective 1 January 2026. Announcement • Jul 25
Oceana Group Limited Announces Appointment of Mamongae Mahlare as Independent Non-Executive Director, Member of the Social, Ethics and Transformation Committee and the Remuneration Committee, Effective September 1, 2025 Oceana Group Limited announced the appointment of Ms. Mamongae Mahlare as independent non-executive director of the Company with effect from 1 September 2025. Mamongae is a seasoned board director and C-suite executive with extensive experience in governance oversight and value creation across diverse sectors, being eCommerce retail, FMCG and Agri-processing. Her 27-year career spans multiple listed companies in emerging markets, where she influenced sustainable growth and organizational transformation. She was Executive Chairman of Takealot Group (South Africa's leading e-commerce platform) following her role as Group CEO. Her executive career encompasses CEO and MD roles at companies including Illovo Sugar South Africa, complemented by strategic positions at SABMiller, Bain & Company, and Unilever. She holds a Bachelor of Science degree from the University of the Witwatersrand, Johannesburg, South Africa and a Master's Degree in Business Administration from Harvard Business School, Boston, USA. Mamongae will also serve as a member of the Social, Ethics and Transformation Committee and the Remuneration Committee. Announcement • Jul 23
Allan Gray Proprietary Ltd. acquired an additional minority stake in Oceana Group Limited (JSE:OCE). Allan Gray Proprietary Ltd. acquired an additional minority stake in Oceana Group Limited (JSE:OCE) on July 23, 2025. The clients of Allan Gray have, in aggregate, acquired an interest in the ordinary shares of Oceana Group, such that the total interest in the ordinary shares of Oceana Group held by Allan Gray’s clients now amounts to 15.0857% of the total issued ordinary shares.
Allan Gray Proprietary Ltd. completed the acquisition of an additional minority stake in Oceana Group Limited (JSE:OCE) on July 23, 2025. Announcement • Jun 09
Oceana Group Limited Declares Interim Cash Dividend in Respect of the Period Ended 31 March 2025, Payable on 30 June 2025 The Board of Directors of Oceana Group Limited has declared an interim gross cash dividend per share of 110 cents per share (2024: 195 cents), out of current earnings, in respect of the period ended 31 March 2025. Where applicable, the deduction of dividends withholding tax at a rate of 20% will result in a net dividend amounting to 88 cents per share. Commence trading ex-dividend, 25 June 2025. Record date, 27 June 2025. Dividend payment date, 30 June 2025. Announcement • Jun 05
Unknown buyer acquired 10.34% stake in Oceana Group Limited (JSE:OCE). Unknown buyer acquired 10.34% stake in Oceana Group Limited (JSE:OCE) on June 04, 2025.
Unknown buyer completed the acquisition of 10.34% stake in Oceana Group Limited (JSE:OCE) on June 04, 2025. Announcement • Feb 27
Oceana Group Limited Approves Election of Social, Ethics and Transformation Committee Members Oceana Group Limited announced that at its AGM held on 27 February 2025, the shareholders approved election of Lesego Sennelo, Nisaar Pangarker, Thoko Mokgosi- Mwantembe, Poovendhri (Pooven) Viranna and Neville Brink as members of the Social, Ethics and Transformation Committee. Announcement • Feb 07
Allan Gray Proprietary Ltd. acquired an additional unknown minority stake in Oceana Group Limited (JSE:OCE) Allan Gray Proprietary Ltd. acquired an additional unknown minority stake in Oceana Group Limited (JSE:OCE) on February 6, 2025. Allan Gray's total beneficial interest in the Company is now 5.13% of Oceana's total shares in issue.
Allan Gray Proprietary Ltd. completed the acquisition of additional unknown minority stake in Oceana Group Limited (JSE:OCE) on February 6, 2025. Announcement • Jan 21
Oceana Group Limited, Annual General Meeting, Feb 27, 2025 Oceana Group Limited, Annual General Meeting, Feb 27, 2025. Location: 7th floor, oceana house, 25 jan smuts street, foreshore, cape town South Africa Announcement • Nov 25
Oceana Group Limited Declares Final Dividend for the Year Ended September 30, 2024, Payable on 30 December 2024 Oceana Group Limited declared a final dividend of 300 cents (2023: 305 cents) per share for the year ended September 30, 2024, which together with the interim dividend, brings the total dividend for the year to 495 cents (2023: 435 cents) per share, an increase of 13.8%. Commence trading ex-dividend: 23 December 2024. Record date: 27 December 2024. Dividend payment date: 30 December 2024. Announcement • Nov 01
Oceana Group Limited to Report Fiscal Year 2024 Results on Nov 25, 2024 Oceana Group Limited announced that they will report fiscal year 2024 results on Nov 25, 2024 Announcement • Sep 06
Public Investment Corporation Limited acquired an additional 6.1% stake in Oceana Group Limited (JSE:OCE). Public Investment Corporation Limited acquired an additional 6.1% stake in Oceana Group Limited (JSE:OCE) on September 4, 2024. Such that the total interest held by PIC increased to 21.4% of the total issued ordinary shares of the Company.
Public Investment Corporation Limited completed the acquisition of an additional 6.1% stake in Oceana Group Limited (JSE:OCE) on September 4, 2024. Upcoming Dividend • Jun 19
Upcoming dividend of R1.95 per share Eligible shareholders must have bought the stock before 26 June 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 47% but the company is paying out more than the cash it is generating. Trailing yield: 5.8%. Lower than top quartile of Namibian dividend payers (10.0%). Higher than average of industry peers (3.8%). New Risk • Jun 17
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 1.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. New Risk • Jun 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 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. This is currently the only risk that has been identified for the company. Declared Dividend • Jun 12
Final dividend increased to R1.95 Dividend of R1.95 is 50% higher than last year. Ex-date: 26th June 2024 Payment date: 1st July 2024 Dividend yield will be 6.6%, which is lower than the industry average of 10%. Sustainability & Growth Dividend is covered by both earnings (54% earnings payout ratio) and cash flows (84% cash payout ratio). The dividend has increased by an average of 3.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Board Change • Apr 01
High number of new directors Independent Non-Executive Director Pooven Viranna was the last director to join the board, commencing their role in 2024. Announcement • Mar 12
Oceana Group Limited Announces Appointment of Poovendhri (Pooven) Viranna as Independent Non-Executive Director Oceana Group Limited announced the appointment of Ms. Poovendhri (Pooven) Viranna as an independent non- executive director of the Company with effect from 11th March 2024. Pooven is a seasoned finance executive with multiple industry experience across listed, private and public sectors. She has served as a member of the South African Institute of Chartered Accounts ("SAICA") Accounting Practices Committee and currently is a non- executive director and committee member of Evolution Credit Ltd. Pooven owns and manages a strategic finance consulting company and is a qualified CA (SA), with more than 25 years' experience in senior and executive finance roles. She will serve as a member-elect of the Audit Committee and a member of Remuneration Committee. Upcoming Dividend • Dec 13
Upcoming dividend of R3.05 per share at 6.3% yield Eligible shareholders must have bought the stock before 20 December 2023. Payment date: 27 December 2023. Payout ratio is a comfortable 54% and the cash payout ratio is 91%. Trailing yield: 6.3%. Lower than top quartile of Namibian dividend payers (12%). Higher than average of industry peers (3.9%). Announcement • Nov 29
Oceana Group Limited Announces Final Cash Dividend for the Year Ended 30 September 2023, Payable on 27 December 2023 The Board of Oceana Group Limited resolved on 24 November 2023 to declare a final dividend of 305 cents (2022: 291 cents) per share, which together with the interim dividend, brings the total dividend for the year to 435 cents (2022: 346 cents) per share, an increase of 25.7%. Last day to trade cum dividend is 19 December 2023. Commence trading ex-dividend is 20 December 2023. Record date is 22 December 2023. Dividend payment date is 27 December 2023. Share certificates may not be dematerialised or rematerialised between 20 December 2023 and 22 December 2023, both dates inclusive. Reported Earnings • Nov 28
Full year 2023 earnings released: EPS: R8.03 (vs R6.22 in FY 2022) Full year 2023 results: EPS: R8.03 (up from R6.22 in FY 2022). Revenue: R9.99b (up 23% from FY 2022). Net income: R973.0m (up 29% from FY 2022). Profit margin: 9.7% (in line with FY 2022). Revenue is forecast to grow 5.2% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Food industry in Africa. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Oct 27
Oceana Group Limited Provides Earnings Guidance for the Year Ended 30 September 2023 Oceana Group Limited provided earnings guidance for the year ended 30 September 2023. For the period, the company advised that EPS is expected to be between 1 061.2 cents and 1 121.5 cents, representing an increase of between 76% and 86% compared to EPS of 603.0 cents reported in the previous year. Buying Opportunity • Oct 26
Now 21% undervalued Over the last 90 days, the stock is up 1.8%. The fair value is estimated to be R89.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.0% over the last 3 years. Earnings per share has grown by 4.5%. Revenue is forecast to grow by 14% in 2 years. Earnings is forecast to grow by 38% in the next 2 years. Announcement • Aug 18
Oceana Group Limited Provides Earnings Guidance for the Year Ending 30 September 2023 Oceana Group Limited provided earnings guidance for the year ending 30 September 2023. Due to the disposal of the Group's interest in Commercial Cold Storage Group Limited ("CCS Logistics"), with effect from 4 April 2023, a reasonable degree of certainty exists that the total earnings per share ("EPS") of the Group for the year ending 30 September 2023, will be more than 20% higher than the amount of 603 cents per share reported in the previous year. The disposal of Oceana's interest in CCS Logistics gave rise to a realised profit of ZAR 480 million before tax and ZAR 370 million after tax, directly translating to an EPS increase of 304 cents per share. This profit has no impact on headline earnings per share as it has been excluded for headline earnings purposes. Announcement • Jun 17
Oceana Group Limited Announces Company Secretary Changes Oceana Group Limited are advised of the resignation of Ms. Nicole Morgan as the Company Secretary of the Group effective from 30 June 2023. Ms. Morgan has resigned to pursue other opportunities. Shareholders are advised that Mr. Jayesh Jaga, the Group's current Chief ESG Officer will also assume the position of Company Secretary effective from 1 July 2023. Mr. Jaga's career at Oceana spans more than 20 years which includes senior legal and governance roles. He holds a BA LAW LLB degree from the University of Western Cape and practiced as an admitted attorney before joining Oceana. Upcoming Dividend • Jun 14
Upcoming dividend of R1.30 per share at 5.9% yield Eligible shareholders must have bought the stock before 21 June 2023. Payment date: 26 June 2023. Payout ratio is a comfortable 52% but the company is paying out more than the cash it is generating. Trailing yield: 5.9%. Lower than top quartile of Namibian dividend payers (13%). Higher than average of industry peers (4.6%). Reported Earnings • Jun 05
First half 2023 earnings released: EPS: R3.19 (vs R1.20 in 1H 2022) First half 2023 results: EPS: R3.19 (up from R1.20 in 1H 2022). Revenue: R4.50b (up 42% from 1H 2022). Net income: R385.7m (up 165% from 1H 2022). Profit margin: 8.6% (up from 4.6% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 14% growth forecast for the Food industry in Africa. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 3% per year. Buying Opportunity • Apr 13
Now 22% undervalued Over the last 90 days, the stock is up 3.8%. The fair value is estimated to be R88.93, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 3.7% per annum. Earnings is also forecast to grow by 10% per annum over the same time period. Buying Opportunity • Feb 23
Now 21% undervalued Over the last 90 days, the stock is up 18%. The fair value is estimated to be R88.93, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 3.7% per annum. Earnings is also forecast to grow by 10% per annum over the same time period. Announcement • Jan 27
Oceana Group Limited, Annual General Meeting, Apr 06, 2023 Oceana Group Limited, Annual General Meeting, Apr 06, 2023, at 14:00 South Africa Standard Time. Buying Opportunity • Jan 05
Now 20% undervalued Over the last 90 days, the stock is up 15%. The fair value is estimated to be R80.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 3.8% per annum. Earnings is also forecast to grow by 10% per annum over the same time period. Upcoming Dividend • Dec 15
Upcoming dividend of R2.91 per share Eligible shareholders must have bought the stock before 21 December 2022. Payment date: 28 December 2022. Payout ratio is a comfortable 56% but the company is paying out more than the cash it is generating. Trailing yield: 5.3%. Lower than top quartile of Namibian dividend payers (10%). In line with average of industry peers (4.9%). Reported Earnings • Dec 06
Full year 2022 earnings released: EPS: R6.22 (vs R5.71 in FY 2021) Full year 2022 results: EPS: R6.22 (up from R5.71 in FY 2021). Revenue: R8.15b (up 6.7% from FY 2021). Net income: R754.8m (up 12% from FY 2021). Profit margin: 9.3% (up from 8.9% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.5% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Food industry in Africa. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 4% per year. Buying Opportunity • Nov 28
Now 20% undervalued Over the last 90 days, the stock is up 7.8%. The fair value is estimated to be R73.81, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 4.9%. Revenue is forecast to grow by 24% in 2 years. Earnings is forecast to grow by 68% in the next 2 years. Board Change • Nov 16
High number of new directors CEO & & Executive Director Neville Brink was the last director to join the board, commencing their role in 2022. Announcement • Oct 05
African Infrastructure Investment Managers (Pty) Ltd. agreed to acquire Commercial Cold Storage Group (Pty) Limited from Oceana Group Limited (JSE:OCE). African Infrastructure Investment Managers (Pty) Ltd. agreed to acquire Commercial Cold Storage Group (Pty) Limited from Oceana Group Limited (JSE:OCE) on October 4, 2022. The parties aim to conclude the transaction by February 28, 2023, subject to regulatory approval. This includes approval from the competition authorities in South Africa and Namibia and the exemption or transfer of fish processing establishment rights in terms of the Marine Living Resources Act. Board Change • Sep 08
High number of new directors There are 5 new directors who have joined the board in the last 3 years. CEO & & Executive Director Neville Brink was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Jun 22
Investor sentiment deteriorated over the past week After last week's 19% share price decline to R48.25, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 10x in the Food industry in Africa. Total loss to shareholders of 16% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at R79.54 per share. Upcoming Dividend • Jun 15
Upcoming dividend of R0.55 per share Eligible shareholders must have bought the stock before 22 June 2022. Payment date: 27 June 2022. Payout ratio is a comfortable 75% and this is well supported by cash flows. Trailing yield: 5.3%. Lower than top quartile of Namibian dividend payers (9.9%). Higher than average of industry peers (4.6%). Reported Earnings • Jun 04
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down R331.3m from profit in 1H 2021). Profit margin: (down from 9.3% in 1H 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 17%, compared to a 7.0% growth forecast for the industry in Africa. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 8% per year. Announcement • Apr 02
Oceana Group Limited, Annual General Meeting, May 05, 2022 Oceana Group Limited, Annual General Meeting, May 05, 2022, at 14:30 South Africa Standard Time. Upcoming Dividend • Mar 23
Upcoming dividend of R2.48 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 04 April 2022. Payout ratio is a comfortable 63% and the cash payout ratio is 98%. Trailing yield: 6.3%. Lower than top quartile of Namibian dividend payers (10%). Higher than average of industry peers (4.2%). Reported Earnings • Mar 11
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: R5.71 (down from R6.51 in FY 2020). Revenue: R7.63b (down 8.1% from FY 2020). Net income: R676.3m (down 11% from FY 2020). Profit margin: 8.9% (down from 9.2% in FY 2020). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 4.0%. Over the next year, revenue is forecast to grow 10%, compared to a 1.2% growth forecast for the industry in Africa. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings. Announcement • Mar 04
Oceana Group Limited Announces Resignation of Adela Fortune as Company Secretary, Effective March 15, 2022 Oceana Group Limited announced that Ms Adela Fortune has resigned as Company Secretary with effect from 15th March 2022, to pursue other opportunities. The Company will begin the process of appointing a suitable replacement for Ms Fortune and Shareholders will be advised once such an appointment has been made. Announcement • Feb 08
Oceana Group Limited Announces Suspension of Hajra Karrim as Chief Financial Officer Oceana Group Limited announced that the board of directors notified its shareholders that it has, on a precautionary basis pending a further process, suspended the company's Chief Financial Officer, Ms Hajra Karrim until further notice. The company has commenced the process to appoint a suitable acting Chief Financial Officer on a temporary basis and shareholders will be advised once such an appointment has been made. Executive Departure • Jul 15
Lead Independent Director Saamsoodein Pather has left the company On the 5th of July, Saamsoodein Pather's tenure as Lead Independent Director ended. We don't have any record of a personal shareholding under Saamsoodein's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 3.42 years. Upcoming Dividend • Jun 23
Upcoming dividend of R1.10 per share Eligible shareholders must have bought the stock before 30 June 2021. Payment date: 05 July 2021. Trailing yield: 6.1%. Lower than top quartile of Namibian dividend payers (6.7%). Higher than average of industry peers (3.9%). Reported Earnings • Jun 05
First half 2021 earnings released: EPS R2.84 (vs R2.50 in 1H 2020) The company reported a decent first half result with improved earnings and profit margins, although revenues were weaker. First half 2021 results: Revenue: R3.57b (down 1.6% from 1H 2020). Net income: R331.3m (up 13% from 1H 2020). Profit margin: 9.3% (up from 8.1% 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 1% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Jun 03
Oceana Group Limited Declares Interim Dividend in Respect of the Period Ended March 31, 2021, Payable on July 5, 2021 Oceana Group Limited declared interim dividend of 110.0 cents in respect of the period ended March 31, 2021 against 100.0 cents a year ago. Where applicable the deduction of dividends withholding tax at a rate of 20% will result in a net dividend amounting to 88.0 cents per share. Last day to trade cum dividend is June 29, 2021. Commence trading ex-dividend is June 30, 2021. Record date is July 2, 2021. Dividend is payable on July 5, 2021. Announcement • Jan 28
Oceana Group Limited(JSE:OCE) dropped from FTSE All-World Index (USD) Oceana Group Limited(JSE:OCE) dropped from FTSE All-World Index (USD) Announcement • Jan 21
Oceana Group Limited, Annual General Meeting, Mar 24, 2021 Oceana Group Limited, Annual General Meeting, Mar 24, 2021, at 14:30 South Africa Standard Time. Is New 90 Day High Low • Dec 10
New 90-day high: R69.00 The company is up 11% from its price of R61.90 on 11 September 2020. The Namibian market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Food industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is R78.78 per share. Analyst Estimate Surprise Post Earnings • Dec 06
Revenue beats expectations Revenue exceeded analyst estimates by 0.04%. Over the next year, revenue is forecast to grow 8.2% while the growth in Food industry in Africa is expected to stay flat. Reported Earnings • Dec 05
Full year 2020 earnings released: EPS R6.51 The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: R8.31b (up 8.6% from FY 2019). Net income: R760.6m (up 23% from FY 2019). Profit margin: 9.2% (up from 8.1% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Dec 04
Oceana Group Limited Announces Chief Financial Officer Changes Oceana Group Limited announced that Hajra Karrim was appointed as the group's Chief Financial Officer effective from 1 November 2020. Hajra takes over the role from Trevor Giles who was appointed as Interim Chief Financial Officer from 11 February 2020. Is New 90 Day High Low • Nov 17
New 90-day high: R66.01 The company is up 2.0% from its price of R64.50 on 19 August 2020. The Namibian market is down 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Food industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is R57.00 per share. Is New 90 Day High Low • Sep 19
New 90-day low: R60.00 The company is down 9.0% from its price of R65.60 on 19 June 2020. The Namibian market is also down 9.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Food industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is R55.76 per share. Announcement • Aug 10
Oceana Group Limited to Report Fiscal Year 2020 Final Results on Dec 03, 2020 Oceana Group Limited announced that they will report fiscal year 2020 final results on Dec 03, 2020