Avior Capital Markets - Pick N Pay Stores Limited (1062) Pick n Pay | Proxy and ESG recommendation

Report

Avior Capital Markets

Jiten Bechoo

Pick n Pay | Proxy and ESG recommendation

Pick â€˜n Pay Stores Ltd (PIK) receives a corporate governance score of 2.76 out of 5 (FY '17: 2.81) and is rated as adequate. By comparison, industry peer Shoprite Holdings (SHP) scored 2.08 out of 5.

17/07/2018 15 EN

Underlying

Pick N Pay Stores Limited

Pick n Pay is an investment holding company. Co. has two operating segments, namely South Africa and Rest of Africa. Co. provides food, non-edible groceries, clothing, liquor and tobacco, health and beauty products, building and hardware and general merchandise. Co.'s offer also includes additional services such as financial transactions at till points (including mobile money), ticketing services and the sale of gift cards. In addition to manufacturer-branded products, Co. has a number of Pick n Pay and Boxer private label products to suit every budget. Co. operates on both an owned and franchise basis. Co.'s stores range from hypermarkets to small convenience stores.

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ZAE000005443 Johannesburg Stock Exchange South Africa

Provider

Avior Capital Markets

Avior is a globally recognised capital markets research and trading firm, with the broadest research coverage within the region, with 100+ SA and 20+ SSA companies under coverage. Avior services clients from offices in London, Cape Town and Johannesburg.

Our research quality is consistently recognised in local and global surveys, with 18 analysts currently rated in their respective sectors (FM 2017). Value add through in-depth, innovative, high quality and consistent research with comprehensive underlying fundamental modelling supported by regular analyst and roadshow interactions.

Avior has proven that by working closely with our clients we can mutually develop dominant positions in certain sectors, going from strength to strength. Avior has a dedicated ESG team, having been ranked #1 in Corporate Governance research since 2008.

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Analysts

Jiten Bechoo

Other Reports on these Companies

TheScreener

PICK N PAY STORES sees an upgrade to Positive due to a better fundamental star rating

The general evaluation of PICK N PAY STORES (ZA), a company active in the Food Retailers & Wholesalers industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as defensive. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Positive. As of the analysis date March 25, 2022, the closing price was ZAR 51.28 and its potential was estimated at ZAR 54.47.

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March 26, 2022 March 26, 2022 1 EN

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Pick n Pay Stores Limited: 1 director sold

A director at Pick n Pay Stores Limited sold 291,439 shares at 69.023ZAR and the significance rating of the trade was 100/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The n...

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Pick n Pay | In the mix

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Pick n Pay | Proxy and ESG recommendation

PICK N PAY STORES sees an upgrade to Positive due to a better fundamental star rating

Pick n Pay Stores Limited: 1 director sold

Pick n Pay | In the mix

Tiger Brands | ESG | Pressed to execute

SA Investment Strategy | Review of January 2020 for SA investors: Coronavirus weighs on the ZAR

SA Banks | Low credit risk in commercial property | Time to buy SA banks

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