Edition:
India

Afrimat Ltd (AFTJ.J)

AFTJ.J on Johannesburg Stock Exchange

2,800.00ZAc
13 Dec 2017
Change (% chg)

0.00 (+0.00%)
Prev Close
2,800.00
Open
2,765.00
Day's High
2,939.00
Day's Low
2,765.00
Volume
128,435
Avg. Vol
90,436
52-wk High
3,200.00
52-wk Low
2,305.00

Latest Key Developments (Source: Significant Developments)

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

Afrimat sees six months HEPS to be up between 5-10 pct
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - Afrimat Ltd ::‍SEES SIX MONTHS HEPS TO BE BETWEEN 100 CENTS AND 104.7 CENTS PER SHARE, REFLECTING AN INCREASE OF BETWEEN 5 PCT AND 10 PCT ON PREVIOUS PERIOD​.  Full Article

Afrimat sees H1 HEPS up between 22 pct-27 pct
Wednesday, 12 Oct 2016 

Afrimat Ltd : Trading update for the period ended Aug. 31, 2016 .Expects HEPS between 92.7-96.5 cents per share (2016: 76.0 cents per share) for period ended Aug. 31, reflecting an increase of between 22 pct-27 pct.  Full Article

Afrimat says in talks to buy iron ore business
Tuesday, 27 Sep 2016 

Afrimat Limited : Cautionary announcement . Company has entered into negotiations regarding an acquisition of an iron ore business currently placed under formal business rescue . Business rescue proposal was accepted and approved by creditors with requisite majority .If all conditions have been successfully concluded, it may have a material effect on price of company's securities.  Full Article

Vodafone, Afrimax announce partner market deal for Cameroon
Friday, 23 Sep 2016 

Vodafone Group Plc :Vodafone and Afrimax Group today jointly announced a new non-equity partner market agreement for Cameroon.  Full Article

Afrimat Rainbow Capital says to acquire minority stake in Afrimat
Friday, 23 Sep 2016 

Afrimat Rainbow Capital Proprietary Limited : Offered to purchase 26,300,000 shares in Afrimat, which comprises approximately 18.36 pct of share capital in Afrimat, from Afrimat Empowerment Investments Proprietary Limited . Transaction is subject to various conditions precedent, including participants of Afrimat BEE trust voting in favour of offer. . ARC has agreed to be locked in for at least four years on successful conclusion of purchase of Afrimat shares. .Purchase of Afrimat shares by ARC will facilitate settlement of all debt outstanding in relation to Afrimat shares held by AEI.  Full Article

Afrimat says FY HEPS up 15.5 pct to 156.6 cents
Thursday, 19 May 2016 

Afrimat Ltd : Fy heps up 15.5 pct to 156.6 cents . Final dividend per share 41 cents . NAV per share of 720 cents .Expects current subdued business climate to continue with group's growth driven by successful execution of its proven strategy, recent acquisitions and a wider product offering to market..  Full Article

BRIEF-Afrimat updates on acquisition of remaining 40 pct stake in Diro

* CONCLUDED A SALE OF SHARES AND CLAIMS AGREEMENT WITH MINORITIES OF DIRO TO ACQUIRE REMAINING 40% STAKE IN DIRO AS FROM 15 AUGUST 2017