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 241st most valuable stock on the JSE with a market capitalization of ZAR 1 billion, which is about 0.0051% of the Johannesburg Stock Exchange equity market.

AEG7.88 ▴ 0.40 (5.35%)
Yesterday
Last Trading Results
Opening Price
Day’s Low Price7.44
Day’s High Price7.88
Traded Volume232,942
Number of Deals128
Gross Turnover1.77M
Growth & Valuation
Earnings Per Share-7.08
Price/Earning Ratio-1.11
Dividend Per Share300.00
Dividend Yield3,807%
Shares Outstanding127M
Market Capitalization1B
Monetary values are quoted in South African Rand (ZAR) unless otherwise stated

AEG Stock Market Performance

1WK4WK3MO
+6.63%+11%+31.3%
6MO1YRYTD
-1.5%-4.95%-6.75%

The current share price of Aveng Group Limited (AEG) is ZAR 7.88. AEG closed its last trading day (Friday, July 19, 2024) at 7.88 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 5.3% gain over its previous closing price of 7.48 ZAR. Aveng began the year with a share price of 8.45 ZAR but has since lost 6.75% off that price valuation, ranking it 312th on the JSE in terms of year-to-date performance. Shareholders’ fears may be allayed by the 11% increase of AEG share price since June 21st, which is 37th best on JSE.

Aveng Group is the 199th most traded stock on the Johannesburg Stock Exchange over the past three months (Apr 19 - Jul 19, 2024). AEG has traded a total volume of 5.06 million shares—in 5,283 deals—valued at ZAR 32.7 million over the period, with an average of 80,276 traded shares per session. A volume high of 329,060 was achieved on May 30th, and a low of 8,115 on June 27th, for the same period. The table below details the last 10 trading days of activity of Aveng on the Johannesburg Stock Exchange.

DateVolumeCloseChangeChange%
2024-07-19232,9427.88+0.40+5.35%
2024-07-1814,6367.48-0.02-0.27%
2024-07-17188,9727.50+0.25+3.45%
2024-07-16161,5247.25-0.14-1.89%
2024-07-1539,5107.39
2024-07-1249,5987.39+0.04+0.54%
2024-07-1125,5727.35+0.10+1.38%
2024-07-1045,4027.25-0.25-3.33%
2024-07-0954,2327.50+0.15+2.04%
2024-07-0854,4857.35

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 (62) 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 Ltd574M3.05+140%
RBXRaubex Group Ltd8.09B44.50+60.5%
SEPSephaku Holdings Limited443M1.74+46.2%
WBOWilson Bayly Hlm-Ovc Ltd12.5B176.35+35.6%
CGRCalgro M3 Hldgs Ltd643M5.62+28.6%
AFTAfrimat Limited10.9B68.03+7.98%
TRLTrellidor Hldgs Ltd180M1.89-7.35%
PPCPPC Limited5.6B3.61-9.52%
BIKBrikor Limited117M0.14-17.7%
BELBell Equipment Ltd4.78B50.01+117%

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

  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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