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.
| Live Trading Feed | |
|---|---|
| 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 | 0.2885 |
| Price/Earning Ratio | 18.20 |
| Dividend Per Share | 0.60 |
| Dividend Yield | 11.4% |
| Shares Outstanding | 55.2M |
| Market Capitalization | 290M |
MHB Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -12.5% | -9.48% | -15.3% |
| 6MO | 1YR | YTD |
|---|---|---|
| -18.6% | -2.6% | -15.3% |
The current share price of Mahube Infrastructure Limited (MHB) is ZAR 5.25. MHB closed its last trading day (Friday, January 14, 2022) at 5.25 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 14.6% drop from its previous closing price of 6.15 ZAR. Mahube Infrastructure began the year with a share price of 6.20 ZAR but has since lost 15.3% off that price valuation, ranking it 331st on the JSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that MHB has lost 9% of the stock’s value from December 15th to date.
Mahube Infrastructure is the 343rd most traded stock on the Johannesburg Stock Exchange over the past three months (Oct 15, 2021 - Jan 14, 2022). MHB has traded a total volume of 445,887 shares—in 139 deals—valued at ZAR 2.69 million over the period, with an average of 7,078 traded shares per session. A volume high of 76,900 was achieved on October 21st 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% |
|---|---|---|---|---|
| 2022-01-14 | 790 | 5.25 | -0.90 | -14.63% |
| 2022-01-13 | 2,229 | 6.15 | +1.07 | +21.06% |
| 2022-01-12 | 8,000 | 5.08 | +0.04 | +0.79% |
| 2022-01-11 | 1,246 | 5.04 | -0.96 | -16.00% |
| 2022-01-07 | 2,000 | 6.00 | -0.20 | -3.23% |
| 2021-12-21 | 5,576 | 6.20 | ||
| 2021-12-20 | 11,645 | 6.20 | +0.40 | +6.90% |
| 2021-12-14 | 332 | 5.80 | +0.20 | +3.57% |
| 2021-12-13 | 51,257 | 5.60 | -0.16 | -2.78% |
| 2021-12-09 | 20 | 5.76 |
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 (ISIN: ZAE000290763) 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 |
|---|---|---|---|---|
| ETFRHO | 1nvest Rhodium ETF | 437M | 2,375.00 | +13.1% |
| RHB | RH Bophelo Limited | 356M | 5.50 | +10% |
| RACP | RECM and Calibre Limited | 614M | 12.00 | +9.09% |
| AIL | African Rainbow Cap Inv | 46.5B | 7.37 | +8.38% |
| STXRES | Satrix RESI ETF Portfolio | 995M | 76.05 | +5.33% |
| STXFIN | Satrix FINI Portfolio | 1.03B | 15.71 | +5.01% |
| NFSH40 | NEWFUNDS SHARIA TOP40 | 68.7M | 4.41 | +4.5% |
| GIVISA | NewFunds S&P GIVI SA T50 | 89.8M | 43.65 | +4.15% |
| STXRAF | Satrix RAFI 40 Portfolio | 1.19B | 20.65 | +3.46% |
| ETFSWX | 1nvest SWIX 40 ETF | 1.75B | 13.08 | +3.4% |