ANI - Afine Investments Ltd

Jul 4, 2022 at 12:37 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 341st most valuable stock on the JSE with a market capitalization of ZAR 256 million, which makes about 0.0013% 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 (Friday, July 1, 2022) at 4.00 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 30.4% drop from its previous closing price of 5.75 ZAR. Afine began the year with a share price of 3.90 ZAR and has since gained 2.56% on that price valuation, ranking it 97th on the JSE in terms of year-to-date performance. Investors should, however, take caution of ANI’s recent poor performance, having lost 42% of its value in the past four weeks.

Afine Investments is the 357th most traded stock on the Johannesburg Stock Exchange over the past three months (Mar 30 - Jul 1, 2022). ANI has traded a total volume of 127,596 shares—in 126 deals—valued at ZAR 878,835 over the period, with an average of 2,025 traded shares per session. A volume high of 19,447 was achieved on June 23rd 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 (61) as its Chief Executive Officer. The company's board of directors, chaired by Michael John Watters (63), 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