MHB - Mahube Infrastructure Limited
Mahube Infrastructure Limited, formerly GAIA Infrastructure Limited, is an infrastructure-focused investment company that offers investors exposure to infrastructure assets in Southern Africa. The company invests in large-scale infrastructure assets that are operationally de-risked in the energy, transport, as well as water and sanitation sectors. Additionally, Mahube presents investors with a portfolio of infrastructure assets that are operational, present low investment risk and are income generating assets.
The vision of Mahube Infrastructure is to stimulate fast, inexpensive and sustainable delivery and upkeep of infrastructure on a significant scale. Mahube Infrastructure aims to provide investment returns that are characterized by predictable and regular cash flows generated from infrastructure assets, long term investment into ownership and operation of assets, and blue-sky upside from providing disruptive solutions to infrastructure-related market inefficiencies.
Mahube Infrastructure owns five renewable energy assets: two wind farms and three solar photovoltaic farms, all of which were licensed by South Africa’s then Department of Energy, which has since been incorporated into the Department of Mineral Resources and Energy, in the first round of bids of the Renewable Energy Independent Power Producer Procurement Programme. The assets are all in operation and generating electricity that is sold to State-owned power utility Eskom in accordance with 20-year power purchase agreements.
Mahube Infrastructure Limited is listed on the Johannesburg Stock Exchange (JSE) since November 12th, 2015. Mahube Infrastructure is traded on the JSE under the ticker symbol “MHB”. The International Securities Identification Number (ISIN) of JSE:MHB is ZAE000290763. Mahube Infrastructure Limited is currently the 335th most valuable stock on the JSE with a market capitalization of ZAR 287 million, which makes about 0.0014% of the Johannesburg Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | |
| Day’s High Price | |
| Traded Volume | 0 |
| Number of Deals | 0 |
| Gross Turnover | 0.00 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 1.1893 |
| Price/Earning Ratio | 4.38 |
| Dividend Per Share | 0.60 |
| Dividend Yield | 11.5% |
| Shares Outstanding | 55.2M |
| Market Capitalization | 287M |
MHB Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -9.39% | -13% | -7.79% |
| 6MO | 1YR | YTD |
|---|---|---|
| -16% | -19.9% | -16% |
The current share price of Mahube Infrastructure Limited (MHB) is ZAR 5.21. MHB closed its last trading day (Tuesday, June 28, 2022) at 5.21 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 7.8% drop from its previous closing price of 5.65 ZAR. Mahube Infrastructure began the year with a share price of 6.20 ZAR but has since lost 16% off that price valuation, ranking it 287th on the JSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that MHB has lost 13% of the stock’s value from May 31st to date.
Mahube Infrastructure is the 333rd most traded stock on the Johannesburg Stock Exchange over the past three months (Mar 28 - Jun 29, 2022). MHB has traded a total volume of 365,397 shares—in 154 deals—valued at ZAR 1.97 million over the period, with an average of 5,800 traded shares per session. A volume high of 53,795 was achieved on April 5th for the same period. The table below details the last 10 trading days of activity of Mahube Infrastructure on the Johannesburg Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2022-06-28 | 1,497 | 5.21 | -0.44 | -7.79% |
| 2022-06-27 | 1,962 | 5.65 | -0.10 | -1.74% |
| 2022-06-17 | 3,600 | 5.75 | ||
| 2022-06-13 | 1,800 | 5.75 | -0.15 | -2.54% |
| 2022-06-09 | 24,196 | 5.90 | -0.05 | -0.84% |
| 2022-06-07 | 2,186 | 5.95 | ||
| 2022-06-06 | 12,818 | 5.95 | -0.03 | -0.50% |
| 2022-06-01 | 150 | 5.98 | -0.01 | -0.17% |
| 2022-05-31 | 11,044 | 5.99 | +0.64 | +11.96% |
| 2022-05-30 | 32,941 | 5.35 |
Profile of Mahube Infrastructure Limited
Mahube Infrastructure Limited operates in the Financials sector, specifically, the Investment Services industry.
Factsheet of Mahube Infrastructure Limited
- Sector
- Financials
- Industry
- Investment Services
- Address
- 3rd Floor, Penthouse 5, 4 The High Street, Melrose Arch 2196, South Africa
- Telephone
- +27-11-684-1230
- info@gaia-ic.com
- Website
- www.gaia-ic.com
MHB Industrial Market Competitors
Mahube Infrastructure Limited, issuers of the MHB stock on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Financials sector and/or Investment Services industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| RACP | RECM and Calibre Limited | 715M | 13.98 | +27.1% |
| SYGCN | Sygnia Itrix New China Sectors ETF | 209M | 33.41 | +18.9% |
| SBP | Sabvest Capital Limited | 2.87B | 72.50 | +18.9% |
| EPE | EPE Capital Partners Ltd | 1.65B | 5.75 | +13.6% |
| BRT | Brimstone Inv Corp Ltd | 1.86B | 7.04 | +11.8% |
| NGPLD | NewGold Palladium ETF | 482M | 316.32 | +5.85% |
| PREFTX | CoreShares Preftrax ETF | 420M | 10.35 | +5.18% |
| STXHLT | Satrix Healthcare Innovation ETF | 16M | 57.98 | +4.88% |
| STXILB | Satrix ILBI Portfolio | 452M | 7.18 | +3.31% |
| STXDIV | Satrix DIVI Plus Portfolio | 2.14B | 3.17 | +3.26% |