MLI - Industrials REIT Ltd
Stenprop is a property investment company dual listed on the Johannesburg Stock Exchange (JSE) and the Specialist Fund Segment of the Main Market of the London Stock Exchange (LSE). Stenprop owns assets located in the UK, Germany and Switzerland. With a focus on Multi-Let Industrials Stenprop provides flexible accommodation which appeals to a broad occupier base at an attractive price point which is capable of delivering an attractive and growing income.
Stenprop Ltd operates as a real estate investment trust. It is focused on real estate investment with a portfolio of commercial property located in the United Kingdom and Germany. The United Kingdom's properties are sub-divided...
Industrials REIT Ltd is listed on the Johannesburg Stock Exchange (JSE). Industrials REIT is traded on the JSE under the ticker symbol “MLI”. The International Securities Identification Number (ISIN) of JSE:MLI is GG00BFWMR296. Industrials REIT Ltd is currently the 118th most valuable stock on the JSE with a market capitalization of ZAR 10.3 billion, which is about 0.053% of the Johannesburg Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 34.50 |
| Day’s High Price | 36.71 |
| Traded Volume | 53,480 |
| Number of Deals | 67 |
| Gross Turnover | 1.86M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 1.6081 |
| Price/Earning Ratio | 21.89 |
| Dividend Per Share | 1.39 |
| Dividend Yield | 3.95% |
| Shares Outstanding | 292M |
| Market Capitalization | 10.3B |
MLI Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -1.12% | -9.7% | -11% |
| 6MO | 1YR | YTD |
|---|---|---|
| -8.09% | +15.8% | -18.1% |
The current share price of Industrials REIT Ltd (MLI) is ZAR 35.20. MLI closed its last trading day (Wednesday, May 25, 2022) at 35.20 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.6% gain over its previous closing price of 35.00 ZAR. Industrials REIT began the year with a share price of 43.00 ZAR but has since lost 18.1% off that price valuation, ranking it 330th on the JSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that MLI has lost 10% of the stock’s value from April 25th to date.
Industrials REIT is the 189th most traded stock on the Johannesburg Stock Exchange over the past three months (Feb 21 - May 25, 2022). MLI has traded a total volume of 8.78 million shares—in 4,318 deals—valued at ZAR 332 million over the period, with an average of 139,404 traded shares per session. A volume high of 1.79 million was achieved on March 18th, and a low of 961 on May 9th, for the same period. The table below details the last 10 trading days of activity of Industrials REIT on the Johannesburg Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2022-05-25 | 53,480 | 35.20 | +0.20 | +0.57% |
| 2022-05-24 | 105,696 | 35.00 | -0.49 | -1.38% |
| 2022-05-23 | 40,561 | 35.49 | -0.48 | -1.33% |
| 2022-05-20 | 7,522 | 35.97 | +0.48 | +1.35% |
| 2022-05-19 | 70,764 | 35.49 | -0.11 | -0.31% |
| 2022-05-18 | 761,327 | 35.60 | -0.88 | -2.41% |
| 2022-05-17 | 23,458 | 36.48 | -0.52 | -1.41% |
| 2022-05-16 | 40,833 | 37.00 | -0.64 | -1.70% |
| 2022-05-13 | 14,260 | 37.64 | -0.06 | -0.16% |
| 2022-05-12 | 4,770 | 37.70 |
Profile of Industrials REIT Limited
Industrials REIT Limited operates in the Real Estate sector, specifically, the Real Estate Investment Trust industry.
Factsheet of Industrials REIT Limited
- Sector
- Real Estate
- Industry
- Real Estate Investment Trust
- Address
- Kingsway House, Havilland Street, St Peter Port, Guernsey, GY1 2QE
- Telephone
- 0044148 174-0571
- info@stenprop.com
- Website
- www.stenprop.com
MLI Industrial Market Competitors
Industrials REIT Limited, issuers of the MLI stock on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Real Estate sector and/or Real Estate Investment Trust 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 |
|---|---|---|---|---|
| APO | aReit Prop Ltd | 749M | 7.49 | +24.8% |
| FFB | Fortress REIT Ltd B | 8.8B | 3.85 | +18.5% |
| DKR | Deutsche Konsum REIT-AG | 854M | 24.28 | +18.4% |
| DIA | Dipula Income Fund A | 5.24B | 9.90 | +10.5% |
| TDH | Tradehold Ltd | 3.03B | 11.61 | +10.1% |
| DIB | Dipula Income Fund B | 2.32B | 4.39 | +9.75% |
| IAP | Investec Australia Property Fund | 14B | 20.71 | +7.75% |
| VKE | Vukile Property Fund Ltd | 12.5B | 12.80 | +3.48% |
| GTC | Globe Trade Centre S.A. | 11.5B | 20.00 | |
| EXP | Exemplar REITail Ltd | 3.19B | 9.60 |