Summary Clicks Group Ltd - Company Profile and SWOT Analysis, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Clicks Group Ltd (Clicks Group) is a retail-led healthcare group. It is a wholesaler, retailer, and supplier of health, pharmacy, and beauty products. The company operates retail stores under various b...
SHOPRITE (ZA), a company active in the Food Retailers & Wholesalers industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 4 out of 4 stars, as well as its unchanged, defensive market behaviour. The title leverages a more favourable environment and raises its general evaluation to Positive. As of the analysis date March 18, 2022, the closing price was ZAR 233.92 and its potential was est...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Nine Directors at Shoprite Holdings Limited bought 112,146 shares at 140.000ZAR. The significance rating of the trade was 66/100. 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 tw...
Shoprite Holdings (SHP) receives a corporate governance score of 2.39 out of 5 (FY '18: 2.17) and is rated as ‘adequate'. By comparison, industry peer Pick n Pay (PIK) has a corporate governance score of 2.73 out of 5 and is rated as ‘adequate' We commend the Board on succession planning since the departure of four of its long-standing members in FY '19. S Zinn replaces E Kieswetter as the Lead Independent Director (LID) of the Board given E Kieswetter's appointment as Head of SARS. The ...
FY'19 has been challenging but transformative for Shoprite Group (SHP). The Group's ERP system upgrade should bring better sales forecasting together with inventory optimisation. SHP abnormally under-indexes on inventory turnover relative to peers, which could now improve. SHP's new platform also enables a richer customer experience through loyalty programmes, consumer mobile applications and online sales platforms. SHP continues to invest heavily behind retail infrastructure, with a further...
Shoprite Group's H1 '19 results were weak with diluted HEPS down 24% yoy. The non-RSA division experienced an operating loss of R62m (H1 '18: R553m trading profit) given hyperinflation and a recession in Angola. Industrial strike action at the Centurion distribution centre in Gauteng and IT re-platforming reduced product availability in SA. SA trading profit fell 15% yoy due to depressed demand and low internal inflation of 0.4%.
Angola is Shoprite's (SHP) flagship operation in the non-RSA region. SHP is the pre-eminent formal food retailer in the country. We estimate that Shoprite Angola contributes R4bn to group revenue for FY '18. We estimate revenue from SHP's Angola operation to be c.R4bn and account for c.17% of total non-RSA revenue and c.3.7% of group revenue in FY '18. We estimate SHP Angola FY '18 trading profit to be c.R360m excluding once offs (c.9% margin). SHP's competitive advantage is its wide range ...
We evaluate the capital investments of SHP in recent years, and argue that its excellent 5.76% net margin comes at a hefty capital requirement. We show that the level of DC space approaches that of a much larger Tesco UK, and that our assessment of the financial case for the latest ZAR1.6bn DC in Cape Town, show that this DC may operate at a loss in its early years.
Shoprite’s expansion strategy is intended to gain the company value share in a challenging trading environment defined by low consumer confidence. The company’s expansion strategy includes maintaining a high pricing policy which meets consumer expectations. During the forecast period, Shoprite is expected to open more stores in urban and rural areas of South Africa, operating these stores under brands in different price segments from budget to premium. The company also intends to expand its ...
Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind...
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