REM - Remgro Ltd
Remgro Ltd. is an investment holding company established with effect from 1 April 2000, after the restructuring of the former Rembrandt Group Ltd. The Group's interests consist mainly of investments in consumer products; banking; healthcare; insurance; industrial; infrastructure as well as media and sport.
The company's activities are concentrated mainly on the management of investments and the provision of support rather than on being involved in the day-to-day management of business units of investees.
Subsidiaries not wholly owned include listed companies with independent boards of directors on which this company has non-executive representation. Non-subsidiary investments comprise both listed and unlisted companies not controlled by this company and which are mostly associated companies due to significant influence and board representation.
Remgro Ltd is an investment holding company that consists of operating subsidiaries and noncontrolled investments in listed and unlisted companies. The company's investments span a variety of end markets, including food, liquor, home care, banking,...
Remgro Ltd is listed on the Johannesburg Stock Exchange (JSE). Remgro is traded on the JSE under the ticker symbol “REM”. The International Securities Identification Number (ISIN) of JSE:REM is ZAE000026480. Remgro Ltd is currently the 35th most valuable stock on the JSE with a market capitalization of ZAR 79.5 billion, which makes about 0.405% of the Johannesburg Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 150.07 |
| Day’s High Price | 151.99 |
| Traded Volume | 230,648 |
| Number of Deals | 1,732 |
| Gross Turnover | 34.8M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 10.18 |
| Price/Earning Ratio | 14.75 |
| Dividend Per Share | 2.64 |
| Dividend Yield | 1.76% |
| Shares Outstanding | 529M |
| Market Capitalization | 79.5B |
REM Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +1.49% | -5.83% | +4.69% |
| 6MO | 1YR | YTD |
|---|---|---|
| +19% | +5.03% | -7.58% |
The current share price of Remgro Ltd (REM) is ZAR 150.82. REM closed its last trading day (Thursday, November 21, 2024) at 150.16 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.3% gain over its previous closing price of 149.65 ZAR. Remgro began the year with a share price of 162.48 ZAR but has since lost 7.58% off that price valuation, ranking it 333rd on the JSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that REM has lost 6% of the stock’s value from October 24th to date.
Remgro is the 64th most traded stock on the Johannesburg Stock Exchange over the past three months (Aug 26 - Nov 21, 2024). REM has traded a total volume of 72.2 million shares—in 267,945 deals—valued at ZAR 10.9 billion over the period, with an average of 1.15 million traded shares per session. A volume high of 4.49 million was achieved on September 20th, and a low of 419,513 on October 18th, for the same period. The table below details the last 10 trading days of activity of Remgro on the Johannesburg Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2024-11-21 | 1,361,066 | 150.16 | +0.51 | +0.34% |
| 2024-11-20 | 669,529 | 149.65 | +1.22 | +0.82% |
| 2024-11-19 | 632,518 | 148.43 | -0.35 | -0.24% |
| 2024-11-18 | 694,613 | 148.78 | +0.23 | +0.15% |
| 2024-11-15 | 1,168,623 | 148.55 | +0.60 | +0.41% |
| 2024-11-14 | 1,525,731 | 147.95 | -0.93 | -0.62% |
| 2024-11-13 | 596,436 | 148.88 | -2.31 | -1.53% |
| 2024-11-12 | 1,632,355 | 151.19 | +0.10 | +0.07% |
| 2024-11-11 | 454,427 | 151.09 | +0.12 | +0.08% |
| 2024-11-08 | 1,285,478 | 150.97 |
Profile of Remgro Ltd.
Remgro Ltd. operates in the Financials sector, specifically, the Financial Services industry.
Factsheet of Remgro Ltd.
- Sector
- Financials
- Industry
- Financial Services
- Address
- Millennia Park, 16 Stellentia Avenue, Stellenbosch, 7600
- Telephone
- 021 888-3000
- dh@remgro.com
- Website
- www.remgro.com
REM Industrial Market Competitors
Remgro Ltd., issuers of the REM stock on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Financials sector and/or Financial 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 |
|---|---|---|---|---|
| LNF | London Finance & Investment Group | 468M | 15.00 | +97.4% |
| PPE | Purple Group Ltd | 1.62B | 1.14 | +60.6% |
| OUT | OUTsurance Group Ltd | 101B | 65.56 | +55.4% |
| QLT | Quilter Plc | 45.2B | 32.20 | +32.6% |
| JSE | JSE Ltd | 10.4B | 120.07 | +29.9% |
| CML | Coronation Fund Mngrs Ld | 13.9B | 39.63 | +27.2% |
| SYG | Sygnia Limited | 3.35B | 22.02 | +21.3% |
| KST | PSG Konsult Limited | 23.4B | 18.45 | +20.2% |
| DNB | Deneb Investments Ltd | 1.14B | 2.59 | +14.1% |
| AFH | Alexander Forbes Grp Hldgs | 10B | 7.53 | +14.1% |
