AHB - Arrowhead Properties B Shares

Dec 3, 2020 at 16:15 Twitter · Facebook

AHB share price on Johannesburg Stock Exchange

Arrowhead is a diversified South African Real Estate Investment Trust (“REIT”) focused on creating long-term shareholder value. Arrowhead holds a diverse portfolio of retail, office and industrial (collectively “commercial”) properties valued at R10.5 billion (held directly and through subsidiaries). As at 31 March 2020, Arrowhead held a 59.9% interest (2019: 59.6%) in its subsidiary, Indluplace Properties Ltd. (“Indluplace”), which owns a portfolio of residential properties. The average value per direct property held as at 31 March 2020 was R62.6 million (R57.2 million as at 30 September 2019). In addition, Arrowhead held an interest of 16.4% (2019: 16.4%) in Rebosis Property Fund Ltd. (“Rebosis”) as well as an 8.6% interest (2019: 8.6%) in Dipula Income Fund Ltd. (“Dipula”) at 31 March 2020.

AHB Stock Market Performance

The current share price of Arrowhead Properties B Shares (AHB) is ZAR 2.08. The AHB stock closed its last trading day (Thursday, December 3, 2020) at 2.08 ZAR per share on the Johannesburg Stock Exchange, recording a 2.8% drop from its previous closing price of 2.14 ZAR. AHB began the year with a share price of 3.80 ZAR but has since lost 45.26% off that price valuation, ranking it 385th on the JSE in terms of year-to-date performance. Shareholders' fears may be allayed by the 38.67% increase of AHB share price in recent weeks - since November 5. The table below details the last 10 trading days of activity of Arrowhead Properties B Shares on the Johannesburg Stock Exchange.

Profile of Arrowhead Properties Limited

Arrowhead Properties Limited operates in the Financials sector, specifically, the Real Estate Investment industry. Unfortunately, we do not have information on the company's board of directors and/or key executives at this time.

AHB Industrial Market Competitors

Arrowhead Properties Limited, issuers of the AHB and Arrowhead Properties A Shares (-1.99%) stocks on the Johannesburg 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.

Index of African Stock Exchanges:

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