|hold+||SELL: 0%||HOLD: 50%||BUY: 50%|
|% From 52WK High||-19.01% ( 3,650 )|
|% From 52WK Low||20.16% ( 2,460 )|
|Business||Afrimat Ltd is a construction material and industrial minerals supplier in Africa. The company operates its business through the following segments: Construction Materials which comprises aggregates, concrete-based products, and contracting operations and generates maximum revenue...Read More|
|AGM Date||Wednesday, 31 July 2019|
|Market Cap||R 4,234,836,899|
|P/E Ratio||12.63||Dividend Yield||SUB REQUIRED|
|Offshore Earnings Component||Zero|
|02/09/2019||AFRIMAT LIMITED - Director's dealing|
|30/08/2019||AFRIMAT LIMITED - Closed period share repurchase programme|
|02/08/2019||AFRIMAT LIMITED - Directors' Dealings|
|01/08/2019||AFRIMAT LIMITED - Results of the 2019 Annual General Meeting and Business Update|
|15/07/2019||AFRIMAT LIMITED - Dealings in securities by an associate of the Company Secretary|
|03/07/2019||AFRIMAT LIMITED - Dealings in securities by the Company Secretary|
|03/07/2019||AFRIMAT LIMITED - Withdrawal of cautionary announcement|
|Afrimat supplies a broad range of construction materials and industrial minerals ranging from mining and aggregates, metallurgical dolomites, agricultural lime, concrete products (bricks, blocks and pavers) to readymix. Further, Afrimat has established a strong foothold in contracting services comprising drilling and blasting, mobile crushing and screening.
The group's growing geographical footprint covers vast sections of urban and rural Southern Africa, supported by the fleet of mobile crushers which offers flexibility beyond fixed areas of operation. As a result, the group's integrated product offering is today distributed across the Western Cape, Eastern Cape, KwaZulu-Natal, Free State, Gauteng, Limpopo, Mpumalanga, Northern Cape and Namibia.
The group's capabilities enable Afrimat to service projects of any scale from major infrastructure and construction projects for state-owned enterprises and parastatals through to small private sector contracts.
Afrimat's consistently low staff turnover has resulted in a deep skills pool. Genuine transformation, starting with staff and management and extending to community upliftment, is integral to the group's sustainability. In addition, environmental conservation is a pivotal element of Afrimat's growth strategy.