Announcement • May 12
Ninety One Sa Proprietary Limited acquired 5.07% stake in Metair Investments Limited (JSE:MTA). Ninety One Sa Proprietary Limited acquired 5.07% stake in Metair Investments Limited (JSE:MTA) on May 11, 2026.
Ninety One Sa Proprietary Limited completed the acquisition of 5.07% stake in Metair Investments Limited (JSE:MTA) on May 11, 2026. Price Target Changed • Mar 26
Price target decreased by 12% to R8.00 Down from R9.10, the current price target is provided by 1 analyst. New target price is 63% above last closing price of R4.90. Stock is down 27% over the past year. The company is forecast to post earnings per share of R2.20 next year compared to a net loss per share of R1.81 last year. New Risk • Mar 19
New major risk - Share price stability The 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 9.9% 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 (2.2x net interest cover). Share price has been highly volatile over the past 3 months (9.9% average weekly change). Minor Risk Market cap is less than US$100m (R1.09b market cap, or US$64.9m). Announcement • Mar 17
Peresec Prime Brokers (Pty) Ltd acquired 5.01% stake in Metair Investments Limited (JSE:MTA). Peresec Prime Brokers (Pty) Ltd acquired 5.01% stake in Metair Investments Limited (JSE:MTA) on March 17, 2026.
Peresec Prime Brokers (Pty) Ltd completed the acquisition of 5.01% stake in Metair Investments Limited (JSE:MTA) on March 17, 2026. Reported Earnings • Mar 13
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: R1.81 loss per share (down from R1.40 profit in FY 2024). Revenue: R17.9b (up 51% from FY 2024). Net loss: R353.0m (down 230% from profit in FY 2024). Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 7.6% p.a. on average during the next 2 years, compared to a 9.6% growth forecast for the Global Auto Components industry. Over the last 3 years on average, earnings per share has fallen by 43% per year and the company’s share price has also fallen by 43% per year. Announcement • Mar 11
Metair Investments Limited, Annual General Meeting, May 04, 2026 Metair Investments Limited, Annual General Meeting, May 04, 2026. Price Target Changed • Feb 10
Price target decreased by 27% to R8.50 Down from R11.70, the current price target is provided by 1 analyst. New target price is 89% above last closing price of R4.49. Stock is down 33% over the past year. The company is forecast to post earnings per share of R0.30 for next year compared to R1.40 last year. Announcement • Feb 09
Metair Investments Limited to Report Fiscal Year 2025 Results on Mar 11, 2026 Metair Investments Limited announced that they will report fiscal year 2025 results on Mar 11, 2026 New Risk • Jan 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South African stocks, typically moving 7.5% 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: Major Risk Interest payments are not well covered by earnings (1.8x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Market cap is less than US$100m (R968.5m market cap, or US$58.6m). New Risk • Dec 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South African stocks, typically moving 7.5% 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: Major Risk Interest payments are not well covered by earnings (1.8x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Market cap is less than US$100m (R1.07b market cap, or US$62.5m). Price Target Changed • Sep 16
Price target decreased by 9.3% to R11.70 Down from R12.90, the current price target is provided by 1 analyst. New target price is 84% above last closing price of R6.36. Stock is down 60% over the past year. The company is forecast to post earnings per share of R0.05 for next year compared to R1.40 last year. Reported Earnings • Sep 11
First half 2025 earnings released First half 2025 results: Revenue: R8.66b (up 8.9% from 1H 2024). Net loss: R168.1m (loss widened R162.9m from 1H 2024). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Global Auto Components industry. Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to R7.65, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 14x in the Auto Components industry globally. Total loss to shareholders of 71% over the past three years. Announcement • Aug 07
Metair Investments Limited to Report First Half, 2025 Results on Sep 10, 2025 Metair Investments Limited announced that they will report first half, 2025 results on Sep 10, 2025 Valuation Update With 7 Day Price Move • Jul 23
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to R6.20, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 13x in the Auto Components industry globally. Total loss to shareholders of 77% over the past three years. Valuation Update With 7 Day Price Move • Apr 19
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to R6.65, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 11x in the Auto Components industry globally. Total loss to shareholders of 77% over the past three years. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to R5.80, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 12x in the Auto Components industry globally. Total loss to shareholders of 81% over the past three years. Reported Earnings • Mar 30
Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2024 results: EPS: R1.40 (up from R0.49 in FY 2023). Revenue: R11.8b (down 26% from FY 2023). Net income: R271.9m (up 185% from FY 2023). Profit margin: 2.3% (up from 0.6% in FY 2023). Revenue missed analyst estimates by 4.5%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Global Auto Components industry. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 41 percentage points per year, which is a significant difference in performance. Announcement • Mar 26
Metair Investments Limited, Annual General Meeting, May 07, 2025 Metair Investments Limited, Annual General Meeting, May 07, 2025. Location: metair`s registered office, suite 7, ground floor, building 2, oxford & glenhove building, 114 oxford road,houghton estate, houghton estate, johannesburg, 2198, republic of south africa South Africa New Risk • Mar 20
New major risk - Share price stability The 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 10% 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 (0.5x net interest cover). Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risk Market cap is less than US$100m (R1.29b market cap, or US$70.9m). New Risk • Jan 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South African stocks, typically moving 6.1% 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: Major Risk Interest payments are not well covered by earnings (0.5x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Market cap is less than US$100m (R1.71b market cap, or US$91.1m). New Risk • Jan 03
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: R1.88b (US$99.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.5x net interest cover). Minor Risk Market cap is less than US$100m (R1.88b market cap, or US$99.8m). Announcement • Dec 17
Metair Investments Limited to Report Fiscal Year 2024 Results on Mar 26, 2025 Metair Investments Limited announced that they will report fiscal year 2024 results on Mar 26, 2025 Reported Earnings • Sep 29
First half 2024 earnings released: R0.027 loss per share (vs R0.48 profit in 1H 2023) First half 2024 results: R0.027 loss per share (down from R0.48 profit in 1H 2023). Revenue: R7.95b (up 4.1% from 1H 2023). Net loss: R5.27m (down 106% from profit in 1H 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance. Announcement • Sep 05
Metair Investments Limited to Report First Half, 2024 Results on Sep 26, 2024 Metair Investments Limited announced that they will report first half, 2024 results on Sep 26, 2024 Valuation Update With 7 Day Price Move • Aug 28
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to R15.26, the stock trades at a trailing P/E ratio of 31x. Average trailing P/E is 17x in the Auto Components industry globally. Total loss to shareholders of 44% over the past three years. Announcement • Jul 18
An undisclosed buyer acquired an unknown minority stake in Metair Investments Limited (JSE:MTA) from Public Investment Corporation Limited. An undisclosed buyer acquired an unknown minority stake in Metair Investments Limited (JSE:MTA) from Public Investment Corporation Limited on July 17, 2024. Following the Disposal, the PIC now holds 3.35% of the total issued ordinary share capital of the Metair Investments Limited.
An undisclosed buyer completed the acquisition of an unknown minority stake in Metair Investments Limited (JSE:MTA) from Public Investment Corporation Limited on July 17, 2024. Valuation Update With 7 Day Price Move • Jul 15
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to R13.50, the stock trades at a trailing P/E ratio of 27.4x. Average trailing P/E is 18x in the Auto Components industry globally. Total loss to shareholders of 35% over the past three years. Board Change • Apr 04
High number of new directors There are 5 new directors who have joined the board in the last 3 years. CEO & Executive Director Paul O'Flaherty was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 28
Full year 2023 earnings released: EPS: R0.49 (vs R0.21 loss in FY 2022) Full year 2023 results: EPS: R0.49 (up from R0.21 loss in FY 2022). Revenue: R15.9b (up 14% from FY 2022). Net income: R95.5m (up R135.9m from FY 2022). Profit margin: 0.6% (up from net loss in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance. Announcement • Mar 28
Metair Investments Limited, Annual General Meeting, May 07, 2024 Metair Investments Limited, Annual General Meeting, May 07, 2024, at 14:00 South Africa Standard Time. Location: Suite 7, Ground Floor, Building 2, Oxford & Glenhove 114 Oxford Road, Houghton Estate Johannesburg South Africa Announcement • Mar 20
Coronation Asset Management Proprietary Ltd. acquired an additional unknown minority stake in Metair Investments Limited (JSE:MTA). Coronation Asset Management Proprietary Ltd. acquired an additional unknown minority stake in Metair Investments Limited (JSE:MTA) on March 19, 2024. Following the Acquisition, Coronation now holds 20.96% of the total issued ordinary share capital of the Company.Coronation Asset Management Proprietary Ltd. completed the acquisition of an additional unknown minority stake in Metair Investments Limited (JSE:MTA) on March 19, 2024. Announcement • Mar 12
Metair Investments Limited to Report Fiscal Year 2023 Results on Mar 27, 2024 Metair Investments Limited announced that they will report fiscal year 2023 results on Mar 27, 2024 New Risk • Mar 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South African stocks, typically moving 9.1% 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: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Earnings have declined by 25% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.1% average weekly change). Announcement • Sep 24
Coronation Asset Management Proprietary Ltd. acquired an additional unknown stake in Metair Investments Limited (JSE:MTA). Coronation Asset Management Proprietary Ltd. acquired an additional unknown stake in Metair Investments Limited (JSE:MTA) on September 22, 2023. Following this transaction, Coronation’s ownership has increased to 15.49% in Metair Investments.
Coronation Asset Management Proprietary Ltd. completed the acquisition of an additional unknown stake in Metair Investments Limited (JSE:MTA) on September 22, 2023. Reported Earnings • Sep 17
First half 2023 earnings released: EPS: R0.48 (vs R0.41 in 1H 2022) First half 2023 results: EPS: R0.48 (up from R0.41 in 1H 2022). Revenue: R7.64b (up 31% from 1H 2022). Net income: R92.9m (up 16% from 1H 2022). Profit margin: 1.2% (down from 1.4% in 1H 2022). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Announcement • Sep 15
Metair Investments Limited Announces Board Changes Metair Investments Limited announced that with effect from 13 September 2023, the company's remuneration and nominations committees will be combined into one committee, the remuneration and nominations committee. The remuneration and nominations committee will comprise of Ms. N Mkhondo as the chairperson and Ms. TN Mgoduso, Mr. MH Muell and Mr. PH Giliam will serve as members; Ms. N Medupe, has been appointed as a member of the investment committee, with effect from 13 September 2023; and Mr. J Mouton has been appointed as the company's COO on a fixed term contract, with effect from 1 October 2023. Mr. Mouton served as the technical and logistics director at the BMW Group plant in Rosslyn from 2018 to April 2023. Mr. Mouton has a wealth of experience, over 40 years, in the motor manufacturing and logistics industry gained through various leadership roles, including, inter alia, director of painted body and press plant at the BMW plant in Oxford and Swindon (UK), vice president of body and press plant at the BMW Tiexi Plant in mainland China and assembly general manager at the BMW South Africa Rosslyn plant. The board looks forward to Mr. Mouton's contribution to the company. Reported Earnings • Mar 31
Full year 2022 earnings released: R0.21 loss per share (vs R3.50 profit in FY 2021) Full year 2022 results: R0.21 loss per share (down from R3.50 profit in FY 2021). Revenue: R13.9b (up 10% from FY 2021). Net loss: R40.4m (down 106% from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Announcement • Feb 16
Metair Investments Limited Announces Changes to the Board and Board Committees Metair Investments Limited announced that Mr. C.M.D Flemming has resigned as the chairperson of the Board and as an independent non-executive director of the Company, for personal reasons, and has consequently stepped down as the chairperson of the nominations committee and as a member of the social and ethics committee; Mr. B. Mawasha, an independent non-executive director, has been appointed as the lead independent non-executive director; and Ms N.M Mkhondo, an independent non-executive director, has been appointed as the chairperson of the remuneration committee. Board Change • Feb 14
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Alternate Director Sam Sithole 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. Reported Earnings • Sep 16
First half 2022 earnings released: EPS: R0.41 (vs R1.70 in 1H 2021) First half 2022 results: EPS: R0.41 (down from R1.70 in 1H 2021). Revenue: R5.82b (down 1.9% from 1H 2021). Net income: R80.0m (down 76% from 1H 2021). Profit margin: 1.4% (down from 5.5% in 1H 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 5% per year. Board Change • Jul 31
High number of new directors Independent Non-Executive Director Peter Giliam was the last director to join the board, commencing their role in 2021. Announcement • Jul 21
Metair Investments Limited to Report First Half, 2022 Results on Sep 14, 2022 Metair Investments Limited announced that they will report first half, 2022 results on Sep 14, 2022 Board Change • Jun 08
High number of new directors Independent Non-Executive Director Peter Giliam was the last director to join the board, commencing their role in 2021. Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Peter Giliam was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Mar 30
Upcoming dividend of R0.90 per share Eligible shareholders must have bought the stock before 06 April 2022. Payment date: 11 April 2022. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of South African dividend payers (7.2%). Higher than average of industry peers (2.4%). Valuation Update With 7 Day Price Move • Mar 24
Investor sentiment improved over the past week After last week's 17% share price gain to R30.57, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 18x in the Auto Components industry globally. Total returns to shareholders of 45% over the past three years. Reported Earnings • Mar 18
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: R3.50 (up from R0.91 in FY 2020). Revenue: R12.6b (up 23% from FY 2020). Net income: R674.8m (up 287% from FY 2020). Profit margin: 5.3% (up from 1.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Announcement • Feb 24
Metair Investments Limited Provides Earnings Guidance for the the Year Ended 31 December 2021 Metair Investments Limited provided earnings guidance for the the year ended 31 December 2021. For the year, the company expects headline earnings per share of between 350 cents and 360 cents per share compared to headline earnings per share of 148 cents for the prior comparative period; and earnings per share of between 345 cents and 355 cents per share compared to earnings per share of 91 cents for the prior comparative period. Announcement • Feb 22
Metair Investments Limited to Report Fiscal Year 2021 Results on Mar 17, 2022 Metair Investments Limited announced that they will report fiscal year 2021 results on Mar 17, 2022 Announcement • Feb 12
Metair Investments Limited, Annual General Meeting, May 05, 2022 Metair Investments Limited, Annual General Meeting, May 05, 2022. Agenda: To consider and approve the proposed appointment of Ernst & Young Inc. as the new external auditor of the company for the financial year commencing January 1, 2022, with the designated audit partner being Mr. D. Venter. Recent Insider Transactions • Sep 18
Key Executive recently sold R594k worth of stock On the 16th of September, Sjoerd Douwenga sold around 21k shares on-market at roughly R28.95 per share. This was the largest sale by an insider in the last 3 months. Sjoerd has been a seller over the last 12 months, reducing personal holdings by R2.9m. Reported Earnings • Aug 22
First half 2021 earnings released: EPS R1.70 (vs R1.12 loss in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: R5.93b (up 53% from 1H 2020). Net income: R327.2m (up R542.9m from 1H 2020). Profit margin: 5.5% (up from net loss in 1H 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Upcoming Dividend • Apr 07
Upcoming dividend of R0.75 per share Eligible shareholders must have bought the stock before 14 April 2021. Payment date: 19 April 2021. Trailing yield: 3.5%. Lower than top quartile of South African dividend payers (7.8%). Higher than average of industry peers (1.7%). Valuation Update With 7 Day Price Move • Mar 26
Investor sentiment improved over the past week After last week's 16% share price gain to R22.00, the stock trades at a trailing P/E ratio of 24.3x. Average trailing P/E is 26x in the Auto Components industry globally. Total returns to shareholders of 3.8% over the past three years. Reported Earnings • Mar 20
Full year 2020 earnings released: EPS R0.91 (vs R3.25 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: R10.2b (down 8.9% from FY 2019). Net income: R174.2m (down 72% from FY 2019). Profit margin: 1.7% (down from 5.6% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Announcement • Mar 19
Metair Investments Limited Announces Gross Cash Dividend for the Year Ended 31 December 2020, Payable on 19 April 2021 Metair Investments Limited announced gross cash dividend of 75 cents per share has been declared by the board in respect of the year ended 31 December 2020. The dividend will be payable on 19 April 2021, record date is 16 April 2021 and Shares to commence trading ex-dividend is April 14, 2021. Announcement • Mar 02
Metair Investments Limited to Report Fiscal Year 2020 Results on Mar 18, 2021 Metair Investments Limited announced that they will report fiscal year 2020 results on Mar 18, 2021 Is New 90 Day High Low • Feb 10
New 90-day high: R20.20 The company is up 18% from its price of R17.10 on 12 November 2020. The South African market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 17% over the same period. Announcement • Jan 31
Metair Investments Limited Announces Management Changes Metair Investments Limited announced appointment of P.H. Giliam as a member of the investment committee with effect from 1 May 2021, being the date of his appointment as an independent non-executive director of the Company. Mr. C.M.D. Flemming and Ms A.K. Sithebe, independent non-executive directors of the Company, have been appointed as members of the social and ethics committee, with immediate effect. Is New 90 Day High Low • Jan 26
New 90-day high: R20.00 The company is up 17% from its price of R17.10 on 28 October 2020. The South African market is up 15% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Auto Components industry, which is up 22% over the same period. Is New 90 Day High Low • Jan 05
New 90-day high: R19.14 The company is up 1.0% from its price of R18.94 on 07 October 2020. The South African market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 17% over the same period. Is New 90 Day High Low • Dec 21
New 90-day high: R18.95 The company is up 6.0% from its price of R17.91 on 22 September 2020. The South African market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 17% over the same period. Announcement • Dec 04
Metair Investments Limited Announces Board Changes Metair Investments Limited announced that Mr. CMD Flemming, an independent non-executive director of the board of directors of Metair will replace Mr. SG Pretorius as chairman of the Board following the conclusion of annual general meeting and that the Board was in the process of identifying a suitable replacement for Mr. Flemming's role as member and chairman of the audit
and risk committee of the company. Announcement • Nov 21
Clients of Coronation Asset Management Proprietary Ltd. acquired an additional unknown stake in Metair Investments Limited (JSE:MTA). Clients of Coronation Asset Management Proprietary Ltd. acquired an additional unknown stake in Metair Investments Limited (JSE:MTA) on November 20, 2020. Upon completion, the clients of Coronation Asset will now have 10.03% stake in Metair.
Clients of Coronation Asset Management Proprietary Ltd. completed the acquisition of an additional unknown stake in Metair Investments Limited (JSE:MTA) on November 20, 2020. Announcement • Nov 11
Metair Investments Limited Announces CEO Changes Metair Investments Limited announced Mr. Theo Loock's early retirement as Chief Executive Officer of Metair with effect from 31 December 2020 also announced the appointment of Mr. Riaz Haffejee as the new CEO of Metair, with effect from 1 February 2021. Mr. Haffejee currently serves as the CEO of Sumitomo Rubber South Africa Proprietary Limited. The company announced that it has appointed Mr. Sjoerd Douwenga, the Company's chief financial officer
to act in a dual and secondary role as the interim CEO of Metair during the period of 1 January 2021 to 31 January 2021 subject to the JSE granting a dispensation to allow Mr. Douwenga to assume such a dual role during the Interim
Period. Announcement • Nov 02
Metair Investments Limited Announces Changes to the Board and Board Committees As a result of Ms. Grathel Motau's recent appointment in an executive role at Thebe Investments Holdings with effect from 1 September 2020, Ms. Motau has tendered her resignation as an independent non-executive director of Metair Investments Limited, and consequently, her position as a member of the Company's audit and risk committee as well as the investment committee, with effect from 31 December 2020. Ms. Alupheli Sithebe and Mr. Peter Giliam have been appointed as independent non-executive
directors of the Company, with effect from 1 January 2021 and 1 May 2021, respectively. Ms. Sithebe has also been appointed as a member of the audit and risk committee with effect from 1 January 2021. Ms. Sithebe is currently the founder and managing director of Kamva Investments and has experience in various non-executive directorship positions. Mr. Giliam is currently the managing director of Robertson and Caine Proprietary Limited and has a wealth of experience in the automative industry, gained through various senior roles, including, inter alia, project director at Jaguar Land Rover U.K, vice president at BMW Group and plant coordinator of Metalsa South Africa. Is New 90 Day High Low • Oct 20
New 90-day low: R17.15 The company is down 2.0% from its price of R17.50 on 22 July 2020. The South African market is down 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Auto Components industry, which is up 10.0% over the same period. Announcement • Oct 02
Metair Investments Limited Announces Board Changes Metair Investments Limited announced that Mr. SG Pretorius, the chairman of the board of directors of Metair, is expected to retire from the Board at the annual general meeting expected to be held in May 2021. The company also announced that Mr. CMD Flemming, an independent non-executive director of the company, will replace Mr. Pretorius as chairman of Board following the conclusion of the 2021 AGM, subject to Shareholder confirmation at the 2021 AGM. Announcement • Aug 29
Coronation Asset Management Proprietary Ltd. acquired an unknown stake in Metair Investments Limited (JSE:MTA). Coronation Asset Management Proprietary Ltd. acquired an unknown stake in Metair Investments Limited (JSE:MTA) on August 28, 2020. Post completion, Coronation Asset Management Proprietary Ltd. hold 5.06% stake in Metair Investments Limited.
Coronation Asset Management Proprietary Ltd. completed the acquisition of an unknown stake in Metair Investments Limited (JSE:MTA) on August 28, 2020.