African Stock Exchanges

AEG - Aveng Group Limited

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AEG share price on Johannesburg Stock ExchangeAEG share price on Johannesburg Stock Exchange

Aveng Limited is an international infrastructure and resources holding company operating in the construction, engineering, and mining industries. The Group’s key geographic markets are South Africa and sub-Saharan Africa, Australasia, and Southeast Asia, capitalizing on the expertise and experience within its core subsidiaries McConnell Dowell and Moolmans. McConnell Dowell is an engineering and construction contractor delivering projects in the infrastructure and resources sectors in Australia, New Zealand, Southeast Asia, and the Middle East. Moolmans is a South Africa-based open-cut mining contractor offering services across the mining value chain.

Aveng is set on a path to pursue its strategy around the Group’s aforementioned core businesses, which have returned to profitability, and where the Company sees further prospects and growth opportunities. Following a multi-year journey which began in 2017, Aveng is currently engaged in the restructuring of its balance sheet, deleveraging it by more than R1 billion, extending the Group’s maturity profile to three years, and at the same time improving the Company’s South African liquidity pool. As McConnell Dowell plays an increasingly important role in the Aveng Group’s future, a secondary listing on the Australian Securities Exchange is likely.

Aveng Group Limited is listed on the Johannesburg Stock Exchange (JSE). Aveng is traded on the JSE under the ticker symbol “AEG”. The International Securities Identification Number (ISIN) of JSE:AEG is ZAE000302618. Aveng Group Limited is currently the 215th most valuable stock on the JSE with a market capitalization of ZAR 1.77 billion, which is about 0.0097% of the Johannesburg Stock Exchange equity market.

AEG14.65 ▴ 0.56 (3.97%)
2 hours ago
Last Trading Results
Opening Price
Day’s Low Price13.93
Day’s High Price14.99
Traded Volume182,938
Number of Deals213
Gross Turnover2.64M
Growth & Valuation
Earnings Per Share2.52
Price/Earning Ratio5.59
Dividend Per Share300.00
Dividend Yield2,129%
Shares Outstanding125M
Market Capitalization1.77B
Monetary values are quoted in South African Rand (ZAR) unless otherwise stated

AEG Stock Market Performance

1WK4WK3MO
-10.5%-13.9%-6.07%
6MO1YRYTD
-21.8%+23,383%-46.8%

The current share price of Aveng Group Limited (AEG) is ZAR 14.65. AEG closed its last trading day (Thursday, September 29, 2022) at 14.09 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 4.4% gain over its previous closing price of 13.49 ZAR. Aveng began the year with a share price of 26.48 ZAR but has since lost 46.8% off that price valuation, ranking it 389th on the JSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that AEG has lost 14% of the stock’s value from September 1st to date.

Aveng Group is the 174th most traded stock on the Johannesburg Stock Exchange over the past three months (Jul 4 - Sep 29, 2022). AEG has traded a total volume of 8.12 million shares—in 9,019 deals—valued at ZAR 132 million over the period, with an average of 128,950 traded shares per session. A volume high of 650,191 was achieved on August 23rd, and a low of 8,455 on August 4th, for the same period. The table below details the last 10 trading days of activity of Aveng on the Johannesburg Stock Exchange.

DateVolumeCloseChangeChange%
2022-09-2978,11614.09+0.60+4.45%
2022-09-28358,04513.49-0.21-1.53%
2022-09-27262,73413.70-0.36-2.56%
2022-09-26202,57514.06-1.38-8.94%
2022-09-23276,75115.44-0.31-1.97%
2022-09-22135,48915.75-0.05-0.32%
2022-09-2154,19415.80-0.08-0.50%
2022-09-2081,68115.88+0.08+0.51%
2022-09-19129,90815.80+0.30+1.94%
2022-09-1686,73515.50

Profile of Aveng Limited

Aveng Limited was founded on November 22, 1944 and operates in the Industrials sector, specifically, the Construction & Materials industry. Aveng contracts an estimated total number of 9,982 employees. The company is led by Sean Flanagan (60) as its Chief Executive Officer, since 2019. The company's board of directors is composed of six members whose names are listed below.

  1. Flanagan, Sean
    Chief Executive Officer
  2. Macartney, Adrian
    Chief Financial Officer
  3. Hermanus, May
    Lead Independent Non-Executive Director
  4. Hourquebie, Philip
    Independent Non-Executive Director
  5. Kilbride, Michael
    Independent Non-Executive Director
  6. Modise, Bridgette
    Independent Non-Executive Director

Factsheet of Aveng Limited

Sector
Industrials
Industry
Construction & Materials
Address
3rd Floor, 10 The High Street, Melrose Arch, Johannesburg, 2076, South Africa
Telephone
+27-11-779-2800

AEG Industrial Market Competitors

Aveng Limited, issuers of the AEG stock on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Industrials sector and/or Construction & Materials industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.

CodeNameM. Cap.CloseYTD
SSKStefanutti Stocks Holdings Ltd169M0.90+80%
RBXRaubex Group Ltd6.36B35.00-12.1%
AFTAfrimat Limited7.67B48.00-16.4%
WBOWilson Bayly Hlm-Ovc Ltd4.99B83.29-26.5%
CGRCalgro M3 Hldgs Ltd380M2.71-32.3%
TRLTrellidor Hldgs Ltd202M2.12-33.8%
SEPSephaku Holdings Limited303M1.19-35.7%
PPCPPC Limited3.71B2.39-52.7%
BIKBrikor Limited109M0.13-70.5%
GNDGrindrod Ltd6.25B8.95+80.8%

Index of African Stock Exchanges:

  1. Botswana Stock Exchange
  2. BRVM Stock Exchange
  3. Ghana Stock Exchange
  4. Johannesburg Stock Exchange
  5. Lusaka Securities Exchange
  6. Malawi Stock Exchange
  7. Nairobi Securities Exchange
  8. Nigerian Stock Exchange
  9. Uganda Securities Exchange
  10. Zimbabwe Stock Exchange

Comments (2)

  1. annah molefeannah molefe
    Feb 12, 2022 09:56 GMT

    Hi, i love to join Aveng company the reason is that i dont have much money to join. Is that possible that i can join Aveng without under JSE because JSE want R1000 please can i get feedback 0836295094

  2. PRINCE ASAREPRINCE ASARE
    Jul 21, 2021 14:57 GMT

    Attention:

    We are looking for a reliable business minded person or company that will buy our gold. Our mining capacity will avail us the opportunity to supply a reasonable quantity of gold bars to any interested buyer.

    Our price at the mining site is $38, 000.00: Carat Value: 22+ Purity: 96%In the other hands, we have a template for anybody that will work as our business coordinator or mandate as the case may be. On that order, the coordinate or mandate shall be entitled to $3000.00 in each of gold sold through his or her connection. In doing that we shall issue a duly signed mandate letter to the coordinator or mandate for the purpose of authenticating that appointment.

    INTRODUCTION: OF OFFER: WE OFFER AS FOLLOWS:

    COMMODITY: (AU) Gold Bar
    FORM: Gold Bars
    PURITY: Delivered at 22%+ Carats
    Fineness: Delivered at 96% +
    Quantity: 500kg
    Price: $38,000 per KG

    We shall therefore like to know whether you are interested in buying our gold or to serve as our coordinator or mandate as the case may be. Meanwhile, I love to use this opportunity to inform you that there is a client of mine that wants to invest $100,000.000.00 USD, and he needs somebody to manage the funds.

    Prince: Thompson Asare,
    PBN ADUMASE MINE LIMITED,
    EMAIL: adumasemine@gmail.com
    Whatsapp: +233 540485857

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