- Saudi Arabia
- /
- Metals and Mining
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- SASE:1322
Retail investors among Al Masane Al Kobra Mining Company's (TADAWUL:1322) largest shareholders, saw gain in holdings value after stock jumped 3.4% last week
Key Insights
- Al Masane Al Kobra Mining's significant retail investors ownership suggests that the key decisions are influenced by shareholders from the larger public
- The top 23 shareholders own 47% of the company
- Using data from company's past performance alongside ownership research, one can better assess the future performance of a company
If you want to know who really controls Al Masane Al Kobra Mining Company (TADAWUL:1322), then you'll have to look at the makeup of its share registry. And the group that holds the biggest piece of the pie are retail investors with 53% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
Clearly, retail investors benefitted the most after the company's market cap rose by ر.س216m last week.
In the chart below, we zoom in on the different ownership groups of Al Masane Al Kobra Mining.
View our latest analysis for Al Masane Al Kobra Mining
What Does The Institutional Ownership Tell Us About Al Masane Al Kobra Mining?
Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.
Al Masane Al Kobra Mining already has institutions on the share registry. Indeed, they own a respectable stake in the company. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Al Masane Al Kobra Mining's earnings history below. Of course, the future is what really matters.
Al Masane Al Kobra Mining is not owned by hedge funds. Our data shows that Arab Mining Company is the largest shareholder with 14% of shares outstanding. With 13% and 6.1% of the shares outstanding respectively, Asas Mining Company and National Industrialization Company are the second and third largest shareholders.
Our studies suggest that the top 23 shareholders collectively control less than half of the company's shares, meaning that the company's shares are widely disseminated and there is no dominant shareholder.
While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. While there is some analyst coverage, the company is probably not widely covered. So it could gain more attention, down the track.
Insider Ownership Of Al Masane Al Kobra Mining
The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO.
Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.
Our most recent data indicates that insiders own some shares in Al Masane Al Kobra Mining Company. The insiders have a meaningful stake worth ر.س551m. Most would see this as a real positive. Most would say this shows alignment of interests between shareholders and the board. Still, it might be worth checking if those insiders have been selling.
General Public Ownership
The general public, mostly comprising of individual investors, collectively holds 53% of Al Masane Al Kobra Mining shares. With this amount of ownership, retail investors can collectively play a role in decisions that affect shareholder returns, such as dividend policies and the appointment of directors. They can also exercise the power to vote on acquisitions or mergers that may not improve profitability.
Private Company Ownership
It seems that Private Companies own 28%, of the Al Masane Al Kobra Mining stock. Private companies may be related parties. Sometimes insiders have an interest in a public company through a holding in a private company, rather than in their own capacity as an individual. While it's hard to draw any broad stroke conclusions, it is worth noting as an area for further research.
Public Company Ownership
It appears to us that public companies own 6.1% of Al Masane Al Kobra Mining. This may be a strategic interest and the two companies may have related business interests. It could be that they have de-merged. This holding is probably worth investigating further.
Next Steps:
It's always worth thinking about the different groups who own shares in a company. But to understand Al Masane Al Kobra Mining better, we need to consider many other factors. Case in point: We've spotted 1 warning sign for Al Masane Al Kobra Mining you should be aware of.
Ultimately the future is most important. You can access this free report on analyst forecasts for the company.
NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About SASE:1322
Al Masane Al Kobra Mining
Engages in the production of non-ferrous metal ores and precious metals in Kingdom of Saudi Arabia.
Flawless balance sheet with high growth potential.