AfroCentric Investment Corporation Limited

JSE:ACT Stock Report

Market Cap: R1.7b

AfroCentric Investment Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Gerald Van Wyk

Chief executive officer

R6.4m

Total compensation

CEO salary percentage64.4%
CEO tenure1.3yrs
CEO ownershipn/a
Management average tenure2.9yrs
Board average tenure5.3yrs

Recent management updates

Recent updates

AfroCentric Investment Corporation Limited's (JSE:ACT) 26% Dip In Price Shows Sentiment Is Matching Revenues

Dec 03
AfroCentric Investment Corporation Limited's (JSE:ACT) 26% Dip In Price Shows Sentiment Is Matching Revenues

AfroCentric Investment Corporation Limited's (JSE:ACT) 29% Price Boost Is Out Of Tune With Earnings

Sep 01
AfroCentric Investment Corporation Limited's (JSE:ACT) 29% Price Boost Is Out Of Tune With Earnings

Pinning Down AfroCentric Investment Corporation Limited's (JSE:ACT) P/E Is Difficult Right Now

May 02
Pinning Down AfroCentric Investment Corporation Limited's (JSE:ACT) P/E Is Difficult Right Now

Here's Why We Think AfroCentric Investment Corporation Limited's (JSE:ACT) CEO Compensation Looks Fair for the time being

Nov 04
Here's Why We Think AfroCentric Investment Corporation Limited's (JSE:ACT) CEO Compensation Looks Fair for the time being

AfroCentric Investment (JSE:ACT) Has Announced A Dividend Of ZAR0.17

Oct 26
AfroCentric Investment (JSE:ACT) Has Announced A Dividend Of ZAR0.17

AfroCentric Investment (JSE:ACT) Is Due To Pay A Dividend Of ZAR0.17

Oct 12
AfroCentric Investment (JSE:ACT) Is Due To Pay A Dividend Of ZAR0.17

AfroCentric Investment (JSE:ACT) Will Pay A Dividend Of ZAR0.17

Sep 16
AfroCentric Investment (JSE:ACT) Will Pay A Dividend Of ZAR0.17

AfroCentric Investment (JSE:ACT) Will Pay A Dividend Of R0.17

Oct 03
AfroCentric Investment (JSE:ACT) Will Pay A Dividend Of R0.17

AfroCentric Investment's (JSE:ACT) Dividend Will Be R0.17

Sep 16
AfroCentric Investment's (JSE:ACT) Dividend Will Be R0.17

Is Now The Time To Put AfroCentric Investment (JSE:ACT) On Your Watchlist?

Sep 05
Is Now The Time To Put AfroCentric Investment (JSE:ACT) On Your Watchlist?

I Built A List Of Growing Companies And AfroCentric Investment (JSE:ACT) Made The Cut

Jun 04
I Built A List Of Growing Companies And AfroCentric Investment (JSE:ACT) Made The Cut

How Does AfroCentric Investment Corporation Limited (JSE:ACT) Fare As A Dividend Stock?

Apr 28
How Does AfroCentric Investment Corporation Limited (JSE:ACT) Fare As A Dividend Stock?

I Built A List Of Growing Companies And AfroCentric Investment (JSE:ACT) Made The Cut

Feb 24
I Built A List Of Growing Companies And AfroCentric Investment (JSE:ACT) Made The Cut

Why AfroCentric Investment Corporation Limited (JSE:ACT) Should Be In Your Dividend Portfolio

Jan 18
Why AfroCentric Investment Corporation Limited (JSE:ACT) Should Be In Your Dividend Portfolio

AfroCentric Investment's (JSE:ACT) Shareholders Are Down 44% On Their Shares

Dec 22
AfroCentric Investment's (JSE:ACT) Shareholders Are Down 44% On Their Shares

Here's Why I Think AfroCentric Investment (JSE:ACT) Is An Interesting Stock

Nov 25
Here's Why I Think AfroCentric Investment (JSE:ACT) Is An Interesting Stock

CEO Compensation Analysis

How has Gerald Van Wyk's remuneration changed compared to AfroCentric Investment's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024R6mR4m

R55m

Compensation vs Market: Gerald's total compensation ($USD346.93K) is about average for companies of similar size in the ZA market ($USD374.79K).

Compensation vs Earnings: Insufficient data to compare Gerald's compensation with company performance.


CEO

Gerald Van Wyk

1.3yrs

Tenure

R6,357,000

Compensation

Mr. Gerald Van Wyk is Group Chief Executive Officer & Director of AfroCentric Investment Corporation Limited from August 01, 2023. He is the former CEO: Client Solutions for Santam where he was responsible...


Leadership Team

NamePositionTenureCompensationOwnership
Gerald Van Wyk
Group CEO & Director1.3yrsR6.36mno data
J. Boonzaaier
Group CFO & Executive Director9.3yrsR7.91m0%
ZAR 0
Avsharn Bachoo
Group Technology Director2.9yrsno datano data
Billy Mokale
GM of Legalno datano datano data
Tebogo Makoe
Group Executive of Human Capital & Transformation2.9yrsno datano data
Lebohang Mpumlwana
Group Company Secretaryless than a yearno datano data

2.9yrs

Average Tenure

Experienced Management: ACT's management team is considered experienced (2.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Gerald Van Wyk
Group CEO & Director1.3yrsR6.36mno data
J. Boonzaaier
Group CFO & Executive Director9.3yrsR7.91m0%
ZAR 0
Anna Theresa Mokgokong
Non-Executive Chairperson14.5yrsR1.85mno data
Merika Madungandaba
Non-Executive Deputy Chairman14.5yrsR2.09mno data
Paul Hanratty
Non-Executive Director1.5yrsno datano data
Nkateko Munisi
Non-Executive Director9yrsR599.00k0.00085%
ZAR 14.8k
Marinda Dippenaar
Non-Executive Director1.5yrsR409.00kno data
Jose Fernandes
Lead Independent Non-Executive Director6.1yrsR1.25mno data
Alice Le Roux
Independent Non-Executive Director4.6yrsR735.00k0.0022%
ZAR 37.6k
Kanyisa Mkhize
Non-Executive Director2.5yrsno datano data

5.3yrs

Average Tenure

56.5yo

Average Age

Experienced Board: ACT's board of directors are considered experienced (5.3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 22:54
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

AfroCentric Investment Corporation Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Keith McLachlanThebe Stockbroking (Pty) Ltd.