BBS - Botswana Building Society Limited
Botswana Building Society (BBS) Limited, established in December 1976 under the Building Society Act, is as an indigenous building society involved in property finance and the provision of services in connection therewith. During its first ten years of operation, BBS Limited was restricted by law to lend only against the security of immovable urban property. The Act was amended in April 1986 to permit lending in rural areas as well. Since then, the number of mortgages in respect of rural properties has grown to 699, representing 12% of the company's mortgage book, compared with 4,825 advances in urban areas.
On August 24, 2014, shareholders of BBS Limited resolved to approve a demutualization process, which converted the building society into a public company incorporated under the Companies Act of Botswana. Today, the company operates in the niche market of mortgage lending in the country with substantial presence. BBS Limited has nine branches in Botswana: three in Gaborone; and one in each of Lobatse, Serowe, Selibe-Phikwe, Francistown, Maun, and Kasane.
| Last Trading Results | Growth & Valuation | ||
|---|---|---|---|
| Opening Price: | -- | Earnings Per Share: | -- |
| Day's Low Price: | -- | Price/Earning Ratio: | -- |
| Day's High Price: | -- | Dividend Per Share: | -- |
| Traded Volume: | 0 | Dividend Yield: | -- |
| Number of Deals: | 0 | Shares Outstanding: | 487.45m |
| Value/Turnover: | 0.00 | Market Capitalization: | 487.45m |
BBS Stock Market Performance
| 1WK | 4WK | 3MO | 6MO | 1YR | YTD |
|---|---|---|---|---|---|
| +0.00% | +0.00% | -8.26% | -9.09% | -9.09% | -8.26% |
The current share price of Botswana Building Society Limited (BBS) is BWP 1.00. The BBS stock closed its last trading day (Tuesday, March 9, 2021) at 1.00 BWP per share on the Botswana Stock Exchange, recording a 6.54% drop from its previous closing price of 1.07 BWP. BBS began the year with a share price of 1.09 BWP but has since lost 8.26% off that price valuation, ranking it 28th on the BSE in terms of year-to-date performance. The table below details the last 5 trading days of activity of Botswana Building Society Limited on the Botswana Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2021-03-09 | 2,140 | 1.00 | -0.07 | 6.54% |
| 2021-02-23 | 539 | 1.07 | -0.01 | 0.93% |
| 2021-02-18 | 2,277 | 1.08 | +0.01 | 0.93% |
| 2021-02-12 | 1,835 | 1.07 | -0.02 | 1.83% |
| 2020-12-11 | 2,278 | 1.09 | -- | -- |
Profile of Botswana Building Society Limited
Botswana Building Society Limited was founded on December 13, 1976 and operates in the Financials sector, specifically, the Real Estate Investment industry. The company is led by Pius K. Molefe as its Managing Director. The company's board of directors, chaired by Pelani D. Siwawa-Ndai, is composed of six members whose names are listed below.
- Siwawa-Ndai, Pelani D.
Chairman - Molefe, Pius K.
Managing Director - Monthe, Kgalalelo N.
Board Member - Molosiwa, Richard
Board Member - Kanyuka, James M.
Board Member - Tlhagwane, Michael
Board Member
| Factsheet of Botswana Building Society Limited | |
|---|---|
| Sector: Financials | Industry: Real Estate Investment |
| Address: Broadhurst Mall (Kagiso Shopping Centre), P. O. Box 40029, Gaborone, Botswana | |
| Telephone: +267-397-1396 | |
| Email: bbslimited@bbs.co.bw | Website: www.bbs.co.bw |
BBS Industrial Market Competitors
Botswana Building Society Limited, issuers of the BBS stock on the Botswana Stock Exchange, have a number of market competitors who are also engaged in the Financials sector and/or Real Estate Investment industry. The table below gives you an overview of the market standing of the top 10 by year-to-date performance.
| Code | Name | Mkt. Cap. | L. Price | YearTD |
|---|---|---|---|---|
| NEWPLAT | NewPlatinum ETF | 402.60m | 132.00 | +37.0% |
| LETSHEGO | Letshego Holdings Limited | 1.72b | 0.80 | +11.1% |
| STANCHART | Standard Chartered Bank Ltd | 468.41m | 1.57 | +8.28% |
| NAP | New African Properties Limited | 1.96b | 3.25 | +1.25% |
| LETLOLE | Letlole La Rona Limited | 646.80m | 2.31 | +0.87% |
| SEFALANA | Sefalana Holding Company Ltd | 2.35b | 9.37 | +0.32% |
| INVESTEC | Investec Group Limited | 17.12b | 53.67 | +0.00% |
| BIHL | Botswana Insurance Holdings Ltd | 4.94b | 17.50 | +0.00% |
| ABC | BancABC Botswana Limited | 1.44b | 1.98 | +0.00% |
| OLYMPIA | Olympia Capital Corporation Ltd | 15.44m | 0.24 | +0.00% |