MST - Mustek Ltd
Founded in 1987 by its CEO, David Kan, the Mustek Ltd. Group was listed on the JSE Ltd. in 1997 and comprises the wholly owned operations of Mustek and Rectron, a controlling shareholding in Palladium, noteworthy shareholdings in complementary technology service providers Sizwe Africa IT Group and Khauleza IT Solutions, and a substantial shareholding in Yangtze Optics Africa Cable (YOAC).
From its solid foundation as the largest assembler/ distributor of PCs and complementary ICT products in South Africa, Mustek has evolved into a seamless end-toend provider of ICT solutions â from system design to supplying the hardware, implementing the solution and operating it if required.
Mustek Ltd is listed on the Johannesburg Stock Exchange (JSE). Mustek is traded on the JSE under the ticker symbol “MST”. The International Securities Identification Number (ISIN) of JSE:MST is ZAE000012373. Mustek Ltd is currently the 278th most valuable stock on the JSE with a market capitalization of ZAR 512 million, which makes about 0.0026% of the Johannesburg Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 8.66 |
| Day’s High Price | 9.29 |
| Traded Volume | 8,143 |
| Number of Deals | 23 |
| Gross Turnover | 73,519.00 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 2.4478 |
| Price/Earning Ratio | 3.64 |
| Dividend Per Share | 0.77 |
| Dividend Yield | 8.65% |
| Shares Outstanding | 57.5M |
| Market Capitalization | 512M |
MST Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -4.61% | -8.25% | -30.5% |
| 6MO | 1YR | YTD |
|---|---|---|
| -36.4% | -47.7% | -31.5% |
The current share price of Mustek Ltd (MST) is ZAR 9.00. MST closed its last trading day (Wednesday, April 24, 2024) at 8.90 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 2.9% drop from its previous closing price of 9.17 ZAR. Mustek began the year with a share price of 13.00 ZAR but has since lost 31.5% off that price valuation, ranking it 372nd on the JSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that MST has lost 8% of the stock’s value from March 25th to date.
Mustek is the 189th most traded stock on the Johannesburg Stock Exchange over the past three months (Jan 24 - Apr 24, 2024). MST has traded a total volume of 5.78 million shares—in 4,145 deals—valued at ZAR 60.1 million over the period, with an average of 91,682 traded shares per session. A volume high of 2.67 million was achieved on March 15th, and a low of 434 on March 22nd, for the same period. The table below details the last 10 trading days of activity of Mustek on the Johannesburg Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2024-04-24 | 14,821 | 8.90 | -0.27 | -2.94% |
| 2024-04-23 | 3,701 | 9.17 | -0.10 | -1.08% |
| 2024-04-22 | 4,652 | 9.27 | +0.06 | +0.65% |
| 2024-04-19 | 5,483 | 9.21 | +0.03 | +0.33% |
| 2024-04-18 | 4,242 | 9.18 | -0.15 | -1.61% |
| 2024-04-17 | 946 | 9.33 | +0.01 | +0.11% |
| 2024-04-16 | 62,387 | 9.32 | ||
| 2024-04-15 | 68,302 | 9.32 | +0.57 | +6.51% |
| 2024-04-12 | 98,997 | 8.75 | -0.44 | -4.79% |
| 2024-04-11 | 122,909 | 9.19 |
Profile of Mustek Ltd.
Mustek Ltd. operates in the Technology sector, specifically, the Technology Hardware & Equipment industry.
Factsheet of Mustek Ltd.
- Sector
- Technology
- Industry
- Technology Hardware & Equipment
- Address
- 322, 15th Road, Randjespark, Midrand, 1685
- Telephone
- 011 237-1000
- ltd@mustek.co.za
- Website
- www.mustek.co.za
MST Industrial Market Competitors
Mustek Ltd., issuers of the MST stock on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Technology sector and/or Technology Hardware & Equipment 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 |
|---|---|---|---|---|
| ISA | ISA Holdings Limited | 270M | 1.58 | +26.4% |
| NPN | Naspers Ltd | 655B | 3,675.60 | +17.5% |
| PRX | Prosus N.V. | 2.59T | 642.12 | +14.6% |
| LSK | Lesaka Technologies | 4.29B | 76.04 | +12.4% |
| AEL | Altron: Allied Electronics Corporation | 4.73B | 11.50 | +12.2% |
| KRO | Karooooo Ltd | 16.3B | 525.51 | +10.6% |
| SEB | Sebata Holdings Limited | 253M | 2.20 | +10% |
| PBG | PBT Group Limited | 698M | 6.70 | +3.08% |
| CGN | Cognition Holdings Ltd | 232M | 1.01 | +3.06% |
| CTA | Capital Appreciation Limited | 1.53B | 1.17 | -10.7% |