Raubex Group Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Ntombi Msiza

Chief executive officer

R16.2m

Total compensation

CEO salary percentage	26.3%
CEO tenure	7.7yrs
CEO ownership	n/a
Management average tenure	2.8yrs
Board average tenure	5.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ntombi Msiza's remuneration changed compared to Raubex Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Aug 31 2024	n/a	n/a	R1b
May 31 2024	n/a	n/a	R931m
Feb 29 2024	R16m	R4m	R848m
Nov 30 2023	n/a	n/a	R803m
Aug 31 2023	n/a	n/a	R759m
May 31 2023	n/a	n/a	R732m
Feb 28 2023	R15m	R4m	R704m
Nov 30 2022	n/a	n/a	R648m
Aug 31 2022	n/a	n/a	R591m
May 31 2022	n/a	n/a	R573m
Feb 28 2022	R9m	R3m	R554m
Nov 30 2021	n/a	n/a	R506m
Aug 31 2021	n/a	n/a	R458m
May 31 2021	n/a	n/a	R308m
Feb 28 2021	R8m	R3m	R158m
Nov 30 2020	n/a	n/a	R124m
Aug 31 2020	n/a	n/a	R89m
May 31 2020	n/a	n/a	R171m
Feb 29 2020	R4m	R3m	R252m
Nov 30 2019	n/a	n/a	R181m
Aug 31 2019	n/a	n/a	R110m
May 31 2019	n/a	n/a	R84m
Feb 28 2019	R6m	R3m	R58m
Nov 30 2018	n/a	n/a	R152m
Aug 31 2018	n/a	n/a	R246m
May 31 2018	n/a	n/a	R335m
Feb 28 2018	R4m	R2m	R424m

Compensation vs Market: Ntombi's total compensation ($USD895.88K) is about average for companies of similar size in the ZA market ($USD984.51K).

Compensation vs Earnings: Ntombi's compensation has been consistent with company performance over the past year.

CEO

Ntombi Msiza (50 yo)

7.7yrs

Tenure

R16,220,000

Compensation

Mrs. Ntombi Felicia Msiza, B.Com, HDip (Tax), MBA, Chartered Director (SA), has been Chief Executive Officer of Raubex Group Limited since August 01, 2022 and its Executive Director since March 1, 2017 als...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ntombi Msiza	CEO, Governance	7.7yrs	R16.22m	no data
Samuel Odendaal	Financial Director & Executive Director	3.4yrs	R9.02m	no data
Dirk Lourens	COO & Executive Director	2.3yrs	R17.00m	0.017% ZAR 1.4m
Jaco van der Bijl	Divisional Managing Director of Roads & Earthworks Division	2.8yrs	R10.32m	no data
Dieter Rencken	Divisional Managing Director of Construction Materials Division	2.8yrs	R9.90m	no data
Sandile Mazibuko	Divisional Managing Director of Materials Handling & Mining Division	1.8yrs	R6.17m	no data
Grace Chemaly	Company Secretary & Legal Advisor	7.1yrs	R4.94m	no data
AFS Kriek	Executive Officer	no data	R9.41m	no data
Trevor Dale	Group Human Resource Manager	no data	no data	no data
Braam Kriek	Divisional Managing Director of Infrastructure Division	2.8yrs	R3.75m	no data

2.8yrs

Average Tenure

51yo

Average Age

Experienced Management: RBX's management team is considered experienced (2.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Ntombi Msiza	CEO, Governance	13.8yrs	R16.22m	no data
Samuel Odendaal	Financial Director & Executive Director	3.4yrs	R9.02m	no data
Dirk Lourens	COO & Executive Director	2.8yrs	R17.00m	0.017% ZAR 1.4m
Bryan Kent	Independent Non-Executive Director	13.8yrs	R833.00k	no data
Rudolf Fourie	Non-Executive Chairman	15.1yrs	R1.33m	0.83% ZAR 70.6m
Setshego Bogatsu	Lead Independent Non-Executive Director	7.4yrs	R1.08m	no data
Nosisa Fubu	Independent Non-Executive Director	1.9yrs	R833.00k	no data
Anna Hlobo	Independent Non-Executive Director	1.5yrs	R633.00k	no data

5.4yrs

Average Tenure

50.5yo

Average Age

Experienced Board: RBX's board of directors are considered experienced (5.4 years average tenure).

Raubex Group Management

Management criteria checks 4/4

Key information

Recent management updates

Non-Executive Chairman recently sold R8.5m worth of stock

Raubex Group Limited, Annual General Meeting, Jul 26, 2024

Raubex Group Limited Announces Changes to Board Committees

Raubex Group Limited Announces Board Changes

Executive Director recently sold R3.7m worth of stock

Executive Director recently bought R161k worth of stock

Recent updates

Raubex Group Limited to Report First Half, 2025 Results on Nov 11, 2024

Non-Executive Chairman recently sold R8.5m worth of stock

Investor sentiment improves as stock rises 18%

Final dividend increased to R0.92

Full year 2024 earnings: EPS exceeds analyst expectations

Raubex Group Limited to Report Fiscal Year 2024 Results on May 13, 2024

Raubex Group Limited, Annual General Meeting, Jul 26, 2024

Raubex Group Limited Announces Changes to Board Committees

Upcoming dividend of R0.63 per share at 4.7% yield

First half 2024 earnings released: EPS: R1.93 (vs R1.62 in 1H 2023)

Now 24% undervalued after recent price drop

Raubex Group Limited Announces Board Changes

Investor sentiment improves as stock rises 16%

Now 21% undervalued

Now 23% undervalued

New minor risk - Insider selling

Executive Director recently sold R3.7m worth of stock

Investor sentiment improves as stock rises 19%

Executive Director recently bought R161k worth of stock

Raubex Group Limited Appoints Modi Hlobo as Independent Non-Executive Director of the Board

Upcoming dividend of R0.76 per share at 5.0% yield

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Raubex Group Limited Declares Final Cash Dividend for the Year Ended 28 February 2023, Payable on June 5, 2023

Less than half of directors are independent

Investor sentiment improves as stock rises 20%

Investor sentiment deteriorates as stock falls 16%

Public Investment Corporation Limited acquired additional unknown minority stake in Raubex Group Limited (JSE:RBX).

Investor sentiment deteriorated over the past week

Upcoming dividend of R0.53 per share

Price target decreased to R43.35

Less than half of directors are independent

First half 2023 earnings released: EPS: R1.62 (vs R1.41 in 1H 2022)

Raubex Group Limited, Annual General Meeting, Jul 28, 2023

Non-Executive Deputy Chairman recently sold R11m worth of stock

Raubex Group Limited, Annual General Meeting, Aug 05, 2022

Upcoming dividend of R0.54 per share

Full year 2022 earnings: EPS and revenues miss analyst expectations

Price target increased to R43.70

Less than half of directors are independent

Public Investment Corporation Limited acquired an unknown additional stake in Raubex Group Limited (JSE : RBX).

Raubex Group Limited to Report Fiscal Year 2022 Results on May 16, 2022

Upcoming dividend of R0.47 per share

First half 2022 earnings released: EPS R1.41 (vs R0.25 loss in 1H 2021)

Truffle Asset Management (Pty) Ltd acquired 5.47% stake in Raubex Group Limited (JSE:RBX).

Investor sentiment improved over the past week

Raubex Group Limited Provides Earnings Guidance for the Six Months Ended 31 August 2021

CEO & Executive Director exercised options to buy R4.5m worth of stock.

CEO & Executive Director recently sold R32m worth of stock

Financial Director & Executive Director has left the company

Price target increased to R39.08

Investor sentiment improved over the past week

Upcoming dividend of R0.29 per share

Full year 2021 earnings released: EPS R0.87 (vs R1.39 in FY 2020)

Raubex Group Limited Announces Resignation of James Gibson as Financial Director, Effective 31 May 2021

New 90-day high: R25.51

Price target raised to R30.15

New 90-day high: R25.32

Market bids up stock over the past week

Raubex Group Limited Receives Notification of Significant Contract Awards

First half 2021 earnings released: R0.25 loss per share

Revenue beats expectations, earnings disappoint

Market pulls back on stock over the past week

Market pulls back on stock over the past week

New 90-day low: R18.48

New 90-day low - R20.43

Raubex Group Limited to Report First Half, 2021 Results on Nov 09, 2020

Raubex Group Limited Omits Final Dividend for the Year Ended February 29, 2020

Old Mutual Limited (JSE:OMU) acquired an unknown stake in Raubex Group Limited (JSE:RBX).

New 90-day high - R25.30