RMI - Rand Merchant Investment Holdings
RMI is an active, listed investment holding company. Its objective is to create shareholder value over the long term, through both an attractive dividend yield and an increase in intrinsic value.
Rand Merchant Investment Holdings Ltd is a South African investment holding company with the objective of achieving superior returns for investors. The company mainly engaged in healthcare funding, wellness, and financial services industries, employee benefits,...
Rand Merchant Investment Holdings is listed on the Johannesburg Stock Exchange (JSE). Rand Merchant is traded on the JSE under the ticker symbol “RMI”. The International Securities Identification Number (ISIN) of JSE:RMI is ZAE000210688. Rand Merchant Investment Holdings is currently the 58th most valuable stock on the JSE with a market capitalization of ZAR 42.9 billion, which is about 0.225% of the Johannesburg Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 27.37 |
| Day’s High Price | 28.06 |
| Traded Volume | 2.38M |
| Number of Deals | 1,479 |
| Gross Turnover | 66.2M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | -0.0532 |
| Price/Earning Ratio | -525.94 |
| Dividend Per Share | 0.13 |
| Dividend Yield | 0.46% |
| Shares Outstanding | 1.53B |
| Market Capitalization | 42.9B |
RMI Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +1.82% | +0.04% | -42.5% |
| 6MO | 1YR | YTD |
|---|---|---|
| -36.5% | -7.84% | -38.1% |
The current share price of Rand Merchant Investment Holdings (RMI) is ZAR 27.98. RMI closed its last trading day (Friday, June 24, 2022) at 27.98 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 2.6% gain over its previous closing price of 27.28 ZAR. Rand Merchant began the year with a share price of 45.17 ZAR but has since lost 38.1% off that price valuation, ranking it 393rd on the JSE in terms of year-to-date performance.
Rand Merchant Investment Holdings is the eighth most traded stock on the Johannesburg Stock Exchange over the past three months (Mar 23 - Jun 24, 2022). RMI has traded a total volume of 379 million shares—in 135,554 deals—valued at ZAR 12 billion over the period, with an average of 6.02 million traded shares per session. A volume high of 106 million was achieved on April 20th, and a low of 951,863 on June 20th, for the same period. The table below details the last 10 trading days of activity of Rand Merchant Investment on the Johannesburg Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2022-06-24 | 2,380,782 | 27.98 | +0.70 | +2.57% |
| 2022-06-23 | 2,278,404 | 27.28 | +0.07 | +0.26% |
| 2022-06-22 | 2,853,017 | 27.21 | -0.41 | -1.48% |
| 2022-06-21 | 1,459,456 | 27.62 | -0.20 | -0.72% |
| 2022-06-20 | 951,863 | 27.82 | +0.34 | +1.24% |
| 2022-06-17 | 3,697,255 | 27.48 | +0.09 | +0.33% |
| 2022-06-15 | 2,360,632 | 27.39 | +1.23 | +4.70% |
| 2022-06-14 | 2,705,882 | 26.16 | -0.09 | -0.34% |
| 2022-06-13 | 5,946,195 | 26.25 | -0.70 | -2.60% |
| 2022-06-10 | 3,368,871 | 26.95 |
Profile of Rand Merchant Investment (RMI) Holdings Limited
Rand Merchant Investment (RMI) Holdings Limited operates in the Financials sector, specifically, the Financial Services industry.
Factsheet of Rand Merchant Investment (RMI) Holdings Limited
- Sector
- Financials
- Industry
- Financial Services
- Address
- 3rd Floor, 2 Merchant Place, 1 Fredman Drive, Sandton 2196, South Africa
- Telephone
- +27-11-282-8000
- Website
- www.rmih.co.za
RMI Industrial Market Competitors
Rand Merchant Investment (RMI) Holdings Limited, issuers of the RMI 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 |
|---|---|---|---|---|
| ATI | Afristrat Investment Holdings | 96.1M | 0.15 | +1,400% |
| ADW | African Dawn Capital Ltd | 14.6M | 0.23 | +188% |
| HCI | Hosken Consolidated Investments Ltd | 13.4B | 155.95 | +111% |
| DNB | Deneb Investments Ltd | 1.08B | 2.47 | +30% |
| UPL | Universal Partners Ltd | 1.49B | 20.43 | +13.5% |
| REM | Remgro Ltd | 76.9B | 135.40 | +3.24% |
| AFH | Alexander Forbes Grp Hldgs | 6.23B | 4.60 | +2.45% |
| SYG | Sygnia Limited | 2.75B | 18.30 | +1.67% |
| VUN | Vunani Ltd | 482M | 2.99 | +0.34% |
| LNF | London Finance & Investment Group | 218M | 7.00 |