Edition:
India

Afrimat Ltd (AFTJ.J)

AFTJ.J on Johannesburg Stock Exchange

3,150.00ZAc
17 Oct 2019
Change (% chg)

48.00 (+1.55%)
Prev Close
3,102.00
Open
3,150.00
Day's High
3,244.00
Day's Low
3,150.00
Volume
44,700
Avg. Vol
71,285
52-wk High
3,650.00
52-wk Low
2,510.00

Latest Key Developments (Source: Significant Developments)

Afrimat Not to Proceed With Universal Coal Acquisition
Wednesday, 3 Jul 2019 

July 3 (Reuters) - Afrimat Ltd ::JSE: AFT - WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT.AFRIMAT - DECIDED NOT TO PROCEED WITH UNIVERSAL COAL PLC ACQUISITION GIVEN SIZE AND NATURE OF TRANSACTION.AFRIMAT LTD - DUE DILIGENCE PROCESS AND NEGOTIATIONS HAVE BEEN TERMINATED FOR UNIVERSAL COAL PLC DEAL.AFRIMAT - CAUTION IS NO LONGER REQUIRED TO BE EXERCISED BY SHAREHOLDERS WHEN DEALING IN CO'S SECURITIES.  Full Article

Universal Coal Announces Withdrawal Of Offer From Afrimat To Acquire Co
Wednesday, 3 Jul 2019 

July 3 (Reuters) - Universal Coal Plc ::ANNOUNCES WITHDRAWAL OF A NON- BINDING INDICATIVE OFFER RECEIVED FROM AFRIMAT LTD TO PURCHASE CO.ON TRACK TO DELIVER EBITDA GUIDANCE FOR FY2019 OF A$93 MILLION AND TOTAL OF 6.6MTPA OF SALEABLE PRODUCT.REMAINS INVESTED IN ITS DIVIDEND POLICY AT 45% OF ATTRIBUTABLE NPAT.  Full Article

Afrimat FY HEPS Of 234,1 Cents
Thursday, 23 May 2019 

May 23 (Reuters) - Afrimat Ltd ::REVIEWED CONDENSED CONSOLIDATED PROVISIONAL FINANCIAL RESULTS FOR THE YEAR ENDED 28 FEBRUARY 2019.FY HEADLINE EARNINGS PER SHARE ('HEPS') UP 29,6% TO 234,1 CENTS.FY GROUP REVENUE UP 24,6% TO R3,0 BILLION.FINAL DIVIDEND PER SHARE OF 62,0 CENTS.FORESEES CONTINUED GROWTH FROM AN EXCELLENT ASSET BASE, AND EXPECTS FURTHER EXPANSION OF ITS RANGE OF UNIQUE PRODUCTS.CONTINUATION OF SELECTIVE ACQUISITIONS IS EXPECTED TO DELIVER GOOD RESULTS.  Full Article

Afrimat Sees FY HEPS To Be Between 216.8 Cents And 234.9 Cents Per Share
Friday, 5 Apr 2019 

April 5 (Reuters) - Afrimat Ltd ::TRADING STATEMENT FOR THE YEAR ENDED 28 FEBRUARY 2019.EXPECTS FY HEPS TO BE BETWEEN 216.8 CENTS AND 234.9 CENTS PER SHARE.  Full Article

Afrimat Says Force Majeure Declared By Railway Service Provider
Friday, 30 Nov 2018 

Nov 30 (Reuters) - Afrimat Ltd ::FORCE MAJEURE DECLARED BY RAILWAY SERVICE PROVIDER.NOTICE FROM CO'S RAILWAY SERVICE PROVIDER INFORMS CO OF ACCIDENT THAT TOOK PLACE ON SISHEN- SALDANHA LINE ON NOV 28, CAUSED BY A THIRD PARTY.WILL THEREFORE NOT BE IN A POSITION TO EXPORT ITS FULL IRON ORE PRODUCTION FOR MONTH OF DECEMBER.AS A RESULT OF ACCIDENT, RAILWAY SERVICE PROVIDER DECLARED A FORCE MAJEURE IN RESPECT OF ITS CONTRACT WITH COMPANY.  Full Article

Afrimat Ltd Posts FY Diluted HEPS Of 179.4 Cents
Thursday, 28 Jun 2018 

June 28 (Reuters) - Afrimat Ltd ::FY DILUTED HEADLINE EARNINGS PER ORDINARY SHARE OF 179,4 CENTS.FY REVENUE OF 2.46 BILLION RAND VERSUS 2.23 BILLION RAND YEAR AGO.  Full Article

Afrimat says ‍HY HEPS up 7.4 pct to 102.2 cents​
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Afrimat Ltd ::AFRIMAT LTD - ‍HY HEPS UP 7,4% TO 102,2 CENTS​.AFRIMAT LTD - ‍INTERIM DIVIDEND 20,0 CENTS PER SHARE​.AFRIMAT LTD - ‍HY NAV PER SHARE OF 809 CENTS​.AFRIMAT LTD - HY ‍RETURN ON NET OPERATING ASSETS 22,3%​.AFRIMAT LTD - ‍NET DEBT:EQUITY RATIO INCREASED FROM 24,0 IN AUGUST 2016 TO 42,4 IN CURRENT PERIOD​.  Full Article

Deals of the day-Mergers and acquisitions

July 3 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday: