ANI - Afine Investments Ltd

Jul 26, 2024 at 20:22 Twitter · Facebook

ANI share price on Johannesburg Stock Exchange

Afine Investments Limited is a holding company for a specialist real estate investment trust focusing on the petrol filling station sector in South Africa. The company owns seven petrol filling station properties located in four of South Africa’s nine provinces, providing investors with geographic diversification. The majority of the properties are operating in the top 10% of fuel sales in the country.

Afine’s first investments involved the acquisition of an interest in five Petrol Filling Stations (PFS) in February 2021, namely, Sasol Piet Retief, Sasol Somerset West, Sasol Grassnyers, Sasol Protea Park, and Sasol Parkdene. A further PFS property was acquired in two phases with 50% of Lizalor Investments being acquired in February 2021 and the remaining 50% of that company (which holds the leasehold rights in Engen Platinum One Stop), and 100% of Coral Lagoon Investments, in May 2021, which holds Engen Riverside Nelspruit.

Afine Investments Ltd is listed on the Johannesburg Stock Exchange (JSE) since December 9th, 2021. Afine is traded on the JSE under the ticker symbol “ANI”. The International Securities Identification Number (ISIN) of JSE:ANI is ZAE000303947. Afine Investments Ltd is currently the 319th most valuable stock on the JSE with a market capitalization of ZAR 290 million, which makes about 0.0015% of the Johannesburg Stock Exchange equity market.

ANI Stock Market Performance

The current share price of Afine Investments Ltd (ANI) is ZAR 4.00. ANI closed its last trading day (Monday, July 22, 2024) at 4.00 ZAR per share on the Johannesburg Stock Exchange (JSE). Afine began the year with a share price of 4.95 ZAR but has since lost 19.2% off that price valuation, ranking it 349th on the JSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that ANI has lost 11% of the stock’s value from June 28th to date.

Afine Investments is the 352nd most traded stock on the Johannesburg Stock Exchange over the past three months (Apr 26 - Jul 26, 2024). ANI has traded a total volume of 50,958 shares—in 13 deals—valued at ZAR 233,229 over the period, with an average of 809 traded shares per session. A volume high of 25,681 was achieved on May 31st for the same period. The table below details the last 10 trading days of activity of Afine Investments on the Johannesburg Stock Exchange.

Profile of Afine Investments Limited

Afine Investments Limited was founded on November 12, 2020 and operates in the Financials sector, specifically, the Real Estate Investment industry. The company is led by Johannes Theodorus Loubser (63) as its Chief Executive Officer. The company's board of directors, chaired by Michael John Watters (65), is composed of five members whose names are listed below.

1. Watters, Michael John
   Non-Executive Chairman
2. Loubser, Johannes Theodorus
   Chief Executive Officer
3. Loubser, Johan Theo
   Chief Financial Officer
4. Kohler, Darryl
   Lead Independent Non-Executive Director
5. Todd, Peter McAllister
   Non-Executive Director

ANI Industrial Market Competitors

Afine Investments Limited, issuers of the ANI stock 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 presents 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 Securities Exchange
6. Malawi Stock Exchange
7. Nairobi Securities Exchange
8. Nigerian Stock Exchange
9. Uganda Securities Exchange
10. Zimbabwe Stock Exchange