Announcement • Jul 01
Collins Property Group Limited, Annual General Meeting, Aug 06, 2026 Collins Property Group Limited, Annual General Meeting, Aug 06, 2026. Declared Dividend • May 21
Final dividend of R0.65 announced Shareholders will receive a dividend of R0.65. Ex-date: 3rd June 2026 Payment date: 8th June 2026 Dividend yield will be 10.0%, which is higher than the industry average of 8.8%. Sustainability & Growth Dividend is covered by both earnings (0.8693% earnings payout ratio) and cash flows (86% cash payout ratio). The dividend has increased by an average of 33% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 45% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • May 21
Full year 2026 earnings released: EPS: R2.88 (vs R1.69 in FY 2025) Full year 2026 results: EPS: R2.88 (up from R1.69 in FY 2025). Revenue: R1.32b (up 4.3% from FY 2025). Net income: R949.6m (up 70% from FY 2025). Profit margin: 72% (up from 44% in FY 2025). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. New Risk • May 19
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended August 2025. 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. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Latest financial reports are more than 6 months old (reported August 2025 fiscal period end). Dividend is not well covered by cash flows (93% cash payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (45% net profit margin). Announcement • May 11
Collins Property Group Limited to Report Fiscal Year 2026 Results on May 15, 2026 Collins Property Group Limited announced that they will report fiscal year 2026 results on May 15, 2026 Declared Dividend • Nov 03
First half dividend of R0.52 announced Shareholders will receive a dividend of R0.52. Ex-date: 19th November 2025 Payment date: 24th November 2025 Dividend yield will be 9.5%, which is higher than the industry average of 8.8%. Sustainability & Growth Dividend is covered by both earnings (58% earnings payout ratio) and cash flows (89.5% cash payout ratio). The dividend has increased by an average of 32% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 53% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Recent Insider Transactions • Aug 31
Non-Executive Director recently sold R412k worth of stock On the 28th of August, Friedrich Esterhuyse sold around 37k shares on-market at roughly R11.05 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of R7.1m more than they bought in the last 12 months. Board Change • Aug 11
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 7 non-independent directors. Lead Independent Non-Executive Director Bruce Chelius was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Announcement • Jun 24
Collins Property Group Limited, Annual General Meeting, Aug 08, 2025 Collins Property Group Limited, Annual General Meeting, Aug 08, 2025. Recent Insider Transactions • May 29
Alternate Director recently sold R6.6m worth of stock On the 23rd of May, Jacob Wiese sold around 682k shares on-market at roughly R9.64 per share. This transaction amounted to 9.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of R6.7m more than they bought in the last 12 months. Declared Dividend • May 19
Final dividend of R0.50 announced Shareholders will receive a dividend of R0.50. Ex-date: 4th June 2025 Payment date: 9th June 2025 Dividend yield will be 10%, which is higher than the industry average of 8.8%. Sustainability & Growth Dividend is covered by both earnings (4% earnings payout ratio) and cash flows (84% cash payout ratio). The dividend has increased by an average of 34% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 29% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • May 18
Full year 2025 earnings released: EPS: R1.69 (vs R4.25 in FY 2024) Full year 2025 results: EPS: R1.69 (down from R4.25 in FY 2024). Revenue: R1.26b (up 7.2% from FY 2024). Net income: R557.2m (down 51% from FY 2024). Profit margin: 44% (down from 97% in FY 2024). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. New Risk • May 18
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 44% Last year net profit margin: 97% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.6x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (44% net profit margin). Shareholders have been diluted in the past year (28% increase in shares outstanding). Board Change • Apr 24
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 7 non-independent directors. Lead Independent Non-Executive Director Bruce Chelius was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. New Risk • Apr 17
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: R2.3m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.5x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.9% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (28% increase in shares outstanding). Significant insider selling over the past 3 months (R2.3m sold). Recent Insider Transactions • Feb 06
Non-Executive Director recently sold R117k worth of stock On the 31st of January, Friedrich Esterhuyse sold around 11k shares on-market at roughly R11.04 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought R388k more than they sold in the last 12 months. Valuation Update With 7 Day Price Move • Jan 23
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to R11.95, the stock trades at a trailing P/E ratio of 3.2x. Average trailing P/E is 4x in the Real Estate industry in South Africa. Total returns to shareholders of 121% over the past three years. Recent Insider Transactions Derivative • Nov 14
Executive MD & Executive Director exercised options to buy R2.9m worth of stock. On the 6th of November, Kevin Searle exercised options to buy 253k shares at a strike price of around R9.94, costing a total of R2.5m. This transaction amounted to 15% of their direct individual holding at the time of the trade. Since March 2024, Kevin has owned 1.67m shares directly. Company insiders have collectively bought R5.8m more than they sold, via options and on-market transactions, in the last 12 months. Upcoming Dividend • Nov 13
Upcoming dividend of R0.50 per share Eligible shareholders must have bought the stock before 20 November 2024. Payment date: 25 November 2024. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 8.7%. Within top quartile of South African dividend payers (7.9%). Higher than average of industry peers (7.1%). Valuation Update With 7 Day Price Move • Oct 04
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to R11.99, the stock trades at a trailing P/E ratio of 3.5x. Average trailing P/E is 4x in the Real Estate industry in South Africa. Total returns to shareholders of 121% over the past three years. New Risk • Jul 19
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 6.5% 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 (1.4x net interest cover). Minor Risks Dividend is not well covered by cash flows (90% cash payout ratio). Share price has been volatile over the past 3 months (6.5% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (28% increase in shares outstanding). Announcement • Jul 02
Collins Property Group Limited, Annual General Meeting, Aug 20, 2024 Collins Property Group Limited, Annual General Meeting, Aug 20, 2024. New Risk • Jun 03
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 28% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.4x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Shareholders have been diluted in the past year (28% increase in shares outstanding). Declared Dividend • May 29
Final dividend of R0.50 announced Shareholders will receive a dividend of R0.50. Ex-date: 12th June 2024 Payment date: 18th June 2024 Dividend yield will be 11%, which is higher than the industry average of 8.8%. Sustainability & Growth Dividend is covered by both earnings (53% earnings payout ratio) and cash flows (56% cash payout ratio). The dividend has increased by an average of 32% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 35% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • May 28
Full year 2024 earnings released Full year 2024 results: Revenue: R1.18b (up 2.6% from FY 2023). Net income: R1.14b (up 243% from FY 2023). Profit margin: 97% (up from 29% in FY 2023). Announcement • May 23
Collins Property Group Limited to Report Fiscal Year 2024 Results on May 24, 2024 Collins Property Group Limited announced that they will report fiscal year 2024 results on May 24, 2024 Buy Or Sell Opportunity • May 22
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 8.0% to R8.40. The fair value is estimated to be R6.70, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Meanwhile, the company has become profitable. New Risk • May 20
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended August 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. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.4x net interest cover). Minor Risks Latest financial reports are more than 6 months old (reported August 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Buy Or Sell Opportunity • Apr 09
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 3.2% to R8.15. The fair value is estimated to be R6.75, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Meanwhile, the company has become profitable. Recent Insider Transactions • Feb 26
Alternate Director recently bought R367k worth of stock On the 22nd of February, Jacob Wiese bought around 49k shares on-market at roughly R7.49 per share. This transaction amounted to 96% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought R2.2m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Feb 09
Alternate Director recently bought R138k worth of stock On the 7th of February, Jacob Wiese bought around 18k shares on-market at roughly R7.55 per share. This transaction amounted to 56% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth R223k. Insiders have collectively bought R1.8m more in shares than they have sold in the last 12 months. Buy Or Sell Opportunity • Jan 30
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 21% to R7.41. The fair value is estimated to be R6.09, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Meanwhile, the company has become profitable. New Risk • Jan 22
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: R1.90b (US$98.9m) 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 (1.4x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.2% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (R1.90b market cap, or US$98.9m). Upcoming Dividend • Jan 10
Upcoming dividend of R0.40 per share at 10% yield Eligible shareholders must have bought the stock before 17 January 2024. Payment date: 22 January 2024. Payout ratio is a comfortable 32% but the company is paying out more than the cash it is generating. Trailing yield: 10%. Within top quartile of South African dividend payers (9.2%). Higher than average of industry peers (9.0%). Announcement • Dec 22
Collins Property Group Limited Announces Dividend for the Six Months Ended August 31, 2023, Payable on or About January 22, 2024 Collins Property Group Limited announced interim dividend of 40 cents per share for the six months ended August 31, 2023. Last date to trade cum dividend is January 16, 2024. Shares trade ex-dividend date is January 17, 2024. Record date is January 19, 2024. Certificated shareholders' dividend payments will be posted on or about 22 January 2024. Recent Insider Transactions • Nov 20
Chairman recently bought R223k worth of stock On the 16th of November, Christoffel F. Wiese bought around 29k shares on-market at roughly R7.81 per share. This transaction amounted to 3.9% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth R655k. Christoffel F. has been a buyer over the last 12 months, purchasing a net total of R1.7m worth in shares. Recent Insider Transactions • Nov 08
Chairman recently bought R655k worth of stock On the 2nd of November, Christoffel F. Wiese bought around 100k shares on-market at roughly R6.55 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Christoffel F. has been a buyer over the last 12 months, purchasing a net total of R1.4m worth in shares. Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to R7.72, the stock trades at a trailing P/E ratio of 6x. Average trailing P/E is 6x in the Real Estate industry in South Africa. Total returns to shareholders of 55% over the past three years. Valuation Update With 7 Day Price Move • Oct 05
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to R8.39, the stock trades at a trailing P/E ratio of 6.5x. Average trailing P/E is 6x in the Real Estate industry in South Africa. Total returns to shareholders of 69% over the past three years. Valuation Update With 7 Day Price Move • Sep 15
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to R7.02, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 6x in the Real Estate industry in South Africa. Total returns to shareholders of 43% over the past three years. Announcement • Aug 22
Collins Property Group Limited (JSE:CPP) entered into an agreement to acquire remaining 25.7% stake in Collins Property Projects Proprietary Limited from U Reit Collins (Pty) Ltd for ZAR Collins Property Group Limited (JSE:CPP) entered into an agreement to acquire remaining 25.7% stake in Collins Property Projects Proprietary Limited from U Reit Collins (Pty) Ltd for ZAR on August 21, 2023. As per the terms of the transaction, Collins Property Group Limited will issue 72,751,197 new shares as consideration. The Proposed Transaction will result in U Reit effectively swapping its 25.7% interest in CPP for a 21.78% interest in Collins in anticipation of Collins being granted REIT status. Transaction is subject to Collins, CPP and U Reit obtaining the requisite board approvals and CPP and U Reit obtaining the requisite shareholder approvals for the implementation of the Proposed Transaction. Valuation Update With 7 Day Price Move • Aug 22
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to R8.00, the stock trades at a trailing P/E ratio of 6.2x. Average trailing P/E is 7x in the Real Estate industry in South Africa. Total returns to shareholders of 63% over the past three years. Announcement • Aug 11
Collins Property Group Limited Approves Board Appointments Collins Property Group Limited at its annual general meeting held on 10 August 2023, approved appointment of Mr. D Coleman as an alternate director to Mr. FHEsterhuyse and appointment of Mr. MR Collins as an alternate director to Mr. KR Collins. Valuation Update With 7 Day Price Move • Jun 25
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to R6.29, the stock trades at a trailing P/E ratio of 4.8x. Average trailing P/E is 6x in the Real Estate industry in South Africa. Total returns to shareholders of 32% over the past three years. Announcement • Jun 09
Tradehold Limited, Annual General Meeting, Aug 10, 2023 Tradehold Limited, Annual General Meeting, Aug 10, 2023, at 11:00 South Africa Standard Time. Upcoming Dividend • Jun 06
Upcoming dividend of R0.30 per share at 7.5% yield Eligible shareholders must have bought the stock before 13 June 2023. Payment date: 19 June 2023. Payout ratio is a comfortable 46% but the company is paying out more than the cash it is generating. Trailing yield: 7.5%. Lower than top quartile of South African dividend payers (9.5%). Lower than average of industry peers (9.0%). Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to R6.23, the stock trades at a trailing P/E ratio of 4.8x. Average trailing P/E is 5x in the Real Estate industry in South Africa. Total returns to shareholders of 29% over the past three years. Buying Opportunity • May 30
Now 27% undervalued after recent price drop Over the last 90 days, the stock is down 11%. The fair value is estimated to be R8.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has grown by 54%. Reported Earnings • May 28
Full year 2023 earnings released Full year 2023 results: Revenue: R1.15b (down 31% from FY 2022). Net income: R333.3m (down 20% from FY 2022). Profit margin: 29% (up from 25% in FY 2022). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • May 20
Tradehold Limited to Report Fiscal Year 2023 Results on May 26, 2023 Tradehold Limited announced that they will report fiscal year 2023 results on May 26, 2023 Buying Opportunity • Apr 05
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 17%. The fair value is estimated to be R9.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.6% over the last 3 years. Meanwhile, the company has become profitable. Buying Opportunity • Feb 22
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 35%. The fair value is estimated to be R9.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.6% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Dec 14
Investor sentiment deteriorated over the past week After last week's 17% share price decline to R8.43, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 4x in the Real Estate industry in South Africa. Total returns to shareholders of 33% over the past three years. Upcoming Dividend • Nov 30
Upcoming dividend of R0.30 per share Eligible shareholders must have bought the stock before 07 December 2022. Payment date: 12 December 2022. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 5.6%. Lower than top quartile of South African dividend payers (8.6%). Lower than average of industry peers (6.9%). Reported Earnings • Nov 23
First half 2023 earnings released: EPS: UK£0.018 (vs UK£0.019 in 1H 2022) First half 2023 results: EPS: UK£0.018 (down from UK£0.019 in 1H 2022). Revenue: UK£28.8m (down 27% from 1H 2022). Net income: UK£4.75m (down 2.7% from 1H 2022). Profit margin: 17% (up from 12% in 1H 2022). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment deteriorated over the past week After last week's 27% share price decline to R9.60, the stock trades at a trailing P/E ratio of 5.9x. Average trailing P/E is 4x in the Real Estate industry in South Africa. Total returns to shareholders of 30% over the past three years. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 7 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Non-Executive Director Paul Roelofse was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Upcoming Dividend • Nov 09
Upcoming dividend of R4.34 per share Eligible shareholders must have bought the stock before 16 November 2022. Payment date: 21 November 2022. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 4.5%. Lower than top quartile of South African dividend payers (8.8%). Lower than average of industry peers (7.3%). Valuation Update With 7 Day Price Move • Oct 25
Investor sentiment improved over the past week After last week's 22% share price gain to R13.71, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 6x in the Real Estate industry in South Africa. Total returns to shareholders of 33% over the past three years. Valuation Update With 7 Day Price Move • Oct 07
Investor sentiment improved over the past week After last week's 15% share price gain to R13.31, the stock trades at a trailing P/E ratio of 8.4x. Average trailing P/E is 7x in the Real Estate industry in South Africa. Total returns to shareholders of 43% over the past three years. Valuation Update With 7 Day Price Move • Sep 13
Investor sentiment improved over the past week After last week's 18% share price gain to R13.50, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 7x in the Real Estate industry in South Africa. Total returns to shareholders of 44% over the past three years. Valuation Update With 7 Day Price Move • Aug 18
Investor sentiment improved over the past week After last week's 18% share price gain to R12.96, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 8x in the Real Estate industry in South Africa. Total returns to shareholders of 44% over the past three years. Announcement • Jul 01
Tradehold Limited, Annual General Meeting, Aug 30, 2022 Tradehold Limited, Annual General Meeting, Aug 30, 2022, at 11:00 South Africa Standard Time. Upcoming Dividend • Jun 01
Upcoming dividend of R0.30 per share Eligible shareholders must have bought the stock before 08 June 2022. Payment date: 13 June 2022. Trailing yield: 4.5%. Lower than top quartile of South African dividend payers (7.9%). Lower than average of industry peers (5.7%). Announcement • May 25
Tradehold Limited Declares Cash Dividend Declaration for the Year to 28 February 2022, Date of Payment to Shareholders Is 13 June 2022 The board of directors of Tradehold (the "Board") declared a gross cash dividend of 30 cents per ordinary share on 23 May 2022. In terms of the ITA, DT of 20% has been withheld for those shareholders who are not exempt from DT. Shareholders who are not exempt from DT will therefore receive a net dividend of 24 cents per ordinary share. Record date is 10 June 2022. Date of payment to shareholders is 13 June 2022. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 4 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Non-Executive Director Paul Roelofse was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Upcoming Dividend • Nov 24
Upcoming dividend of R0.30 per share Eligible shareholders must have bought the stock before 01 December 2021. Payment date: 06 December 2021. Trailing yield: 5.8%. Lower than top quartile of South African dividend payers (7.6%). In line with average of industry peers (6.0%). Reported Earnings • Nov 18
First half 2022 earnings released: EPS UK£0.019 (vs UK£0.034 loss in 1H 2021) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2022 results: Revenue: UK£39.5m (up 19% from 1H 2021). Net income: UK£4.88m (up UK£13.6m from 1H 2021). Profit margin: 12% (up from net loss in 1H 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 120 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Aug 06
Key Executive recently bought R105k worth of stock On the 3rd of August, Friedrich Esterhuyse bought around 12k shares on-market at roughly R8.77 per share. In the last 3 months, they made an even bigger purchase worth R761k. Friedrich has been a buyer over the last 12 months, purchasing a net total of R1.1m worth in shares. Recent Insider Transactions • Jul 16
Key Executive recently bought R761k worth of stock On the 8th of July, Friedrich Esterhuyse bought around 89k shares on-market at roughly R8.60 per share. This was the largest purchase by an insider in the last 3 months. Friedrich has been a buyer over the last 12 months, purchasing a net total of R1.0m worth in shares. Upcoming Dividend • Jun 02
Upcoming dividend of R0.30 per share Eligible shareholders must have bought the stock before 09 June 2021. Payment date: 14 June 2021. Trailing yield: 6.7%. Lower than top quartile of South African dividend payers (7.7%). Higher than average of industry peers (5.9%). Reported Earnings • May 27
Full year 2021 earnings released: UK£0.15 loss per share (vs UK£0.023 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: UK£74.3m (down 21% from FY 2020). Net loss: UK£39.7m (down UK£45.7m from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance. Announcement • May 26
Tradehold Limited Declares Gross Cash Dividend for the Year Ended February 2020, Payable on June 14, 2021 Tradehold Limited announced to declare a gross cash dividend of 30 cents per ordinary share on 24 May 2021. The income used for this purpose is Tradehold's share of the dividend Collins Group declares every six months in terms of the agreement with its minority shareholders. The dividend will reduce Tradehold's stated capital. Record date on June 11, 2021. Payment to shareholder on June 14, 2021. Is New 90 Day High Low • Feb 15
New 90-day low: R7.76 The company is down 13% from its price of R8.90 on 17 November 2020. The South African market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 28% over the same period. Recent Insider Transactions • Jan 20
Chairman recently sold R220k worth of stock On the 15th of January, Christoffel F. Wiese sold around 27k shares on-market at roughly R8.07 per share. This was the largest sale by an insider in the last 3 months. This was Christoffel F.'s only on-market trade for the last 12 months. Is New 90 Day High Low • Jan 12
New 90-day low: R8.10 The company is down 10.0% from its price of R9.00 on 14 October 2020. The South African market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 37% over the same period. Is New 90 Day High Low • Dec 03
New 90-day low: R8.25 The company is down 13% from its price of R9.49 on 04 September 2020. The South African market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 9.0% over the same period. Upcoming Dividend • Nov 25
Upcoming Dividend of R0.30 Per Share Will be paid on the 7th of December to those who are registered shareholders by the 2nd of December. The trailing yield of 6.9% is below the top quartile of South African dividend payers (11%), but it is higher than industry peers (6.0%).