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 877 million, which is about 0.0047% of the Johannesburg Stock Exchange equity market.

AEG6.90 ▾ 0.01 (0.14%)
4 hours ago
Last Trading Results
Opening Price
Day’s Low Price6.64
Day’s High Price6.90
Traded Volume715,853
Number of Deals144
Gross Turnover4.83M
Growth & Valuation
Earnings Per Share-7.08
Price/Earning Ratio-0.97
Dividend Per Share300.00
Dividend Yield4,348%
Shares Outstanding127M
Market Capitalization877M
Monetary values are quoted in South African Rand (ZAR) unless otherwise stated

AEG Stock Market Performance

1WK4WK3MO
-6.5%-6.12%-5.22%
6MO1YRYTD
-11.2%-53.9%-18.3%

The current share price of Aveng Group Limited (AEG) is ZAR 6.90. AEG closed its last trading day (Friday, March 1, 2024) at 6.90 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.1% drop from its previous closing price of 6.91 ZAR. Aveng began the year with a share price of 8.45 ZAR but has since lost 18.3% off that price valuation, ranking it 352nd on the JSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that AEG has lost 6% of the stock’s value from February 2nd to date.

Aveng Group is the 188th most traded stock on the Johannesburg Stock Exchange over the past three months (Nov 30, 2023 - Mar 1, 2024). AEG has traded a total volume of 4.86 million shares—in 7,692 deals—valued at ZAR 35 million over the period, with an average of 77,204 traded shares per session. A volume high of 715,853 was achieved on March 1st, and a low of 6,878 on January 17th, for the same period. The table below details the last 10 trading days of activity of Aveng on the Johannesburg Stock Exchange.

DateVolumeCloseChangeChange%
2024-03-01715,8536.90-0.01-0.14%
2024-02-2966,3016.91-0.08-1.14%
2024-02-2874,1866.99-0.12-1.69%
2024-02-27125,8277.11-0.11-1.52%
2024-02-26164,7317.22-0.16-2.17%
2024-02-2345,6527.38-0.12-1.60%
2024-02-2265,0987.50
2024-02-2169,7257.50-0.15-1.96%
2024-02-2019,6547.65+0.37+5.08%
2024-02-19165,3297.28

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
CGRCalgro M3 Hldgs Ltd553M4.70+7.55%
WBOWilson Bayly Hlm-Ovc Ltd9.52B134.00+3.03%
RBXRaubex Group Ltd5.09B28.00+1.01%
BIKBrikor Limited143M0.17
AFTAfrimat Limited9.84B61.60-2.22%
PPCPPC Limited5.66B3.64-8.77%
SSKStefanutti Stocks Holdings Ltd211M1.12-11.8%
SEPSephaku Holdings Limited260M1.02-14.3%
TRLTrellidor Hldgs Ltd113M1.19-41.7%
MTUMantengu Mining Ltd179M1.09+45.3%

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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