SZK - SAB Zenzele Kabili
SAB Zenzele Kabili is a new B-BBEE scheme launched by Anheuser-Busch InBev SA/NV and the South African Breweries (SAB) to give retailer partners, employees, and qualifying members of the public who invest in the scheme an opportunity at real ownership in the company. The SAB Zenzele Kabili scheme, which replaces SAB Zenzele, owns R5.4 billion worth of AB InBev shares. The original SAB Zenzele, which reached maturity in May 2021, was the largest B-BBEE scheme in the history of South Africa in the fast-moving consumer goods sector, having reached a total maturation value of R9.7 billion. Retailer shareholders who had invested R100 in 2010 would have received a total pre-tax pay-out of R77,518 when the transaction fully unwinded.
AB InBev is the world’s largest brewer by volume and one of the world’s top consumer products companies by revenue. As a consumer-focused, insights-driven company, it produces, markets, distributes and sells a diversified portfolio of well over 500 beer and other malt beverage brands. These include brands with significant international distribution, such as Budweiser, Corona (except in the United States), Stella Artois, Beck’s, Leffe, Hoegaarden and Michelob Ultra; and brands primarily distributed to local markets such as Bud Light in the United States.
|Live Trading Feed|
|Day’s Low Price||95.00|
|Day’s High Price||95.00|
|Number of Deals||6|
|Growth & Valuation|
|Earnings Per Share|
|Dividend Per Share|
SZK Stock Market Performance
The current share price of SAB Zenzele Kabili (SZK) is ZAR 95.00. SZK closed its last trading day (Monday, September 20, 2021) at 90.50 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.6% gain over its previous closing price of 90.00 ZAR. SAB Zenzele Kabili closed its IPO day (May 28, 2021) with a share price of 110.00 ZAR but has since lost 17.7% off that price valuation, ranking it 386th on the JSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that SZK has lost 6% of the stock’s value from August 23rd to date.
SAB Zenzele Kabili is the 339th most traded stock on the Johannesburg Stock Exchange over the past three months (Jun 23 - Sep 20, 2021). SZK has traded a total volume of 461,505 shares—in 3,604 deals—valued at ZAR 47.8 million over the period, with an average of 7,325 traded shares per session. A volume high of 32,600 was achieved on July 26th, and a low of 542 on September 9th, for the same period. The table below details the last 10 trading days of activity of SAB Zenzele Kabili on the Johannesburg Stock Exchange.
Profile of SAB Zenzele Kabili Holdings (RF) Limited
SAB Zenzele Kabili Holdings (RF) Limited was founded on December 5, 2019 and operates in the Financials sector, specifically, the Investment Services industry.
|Factsheet of SAB Zenzele Kabili Holdings (RF) Limited|
65 Park Lane, Sandown, Sandton, 2196, South Africa
SZK Industrial Market Competitors
SAB Zenzele Kabili Holdings (RF) Limited, issuers of the SZK 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.
|MTNZF||MTN Zakhele Futhi||2.72B||22.00||+128%|
|ARA||Astoria Investments Ltd||241M||4.25||+77.1%|
|SBP||Sabvest Capital Limited||2.11B||51.50||+73.1%|
|YYLBEE||YeboYethu (RF) Ltd||2.39B||45.23||+29.2%|
|SCP||Stellar Cap Partners Ltd||858M||0.94||+25.3%|
|NFEVAL||NF Equity Value ETF||208M||10.29||+23.4%|
|ETFGRE||1nvest Global REIT ETF||129M||21.02||+20.5%|
|GLPROP||CoreShares S&P Global Property ETF||525M||42.98||+20.2%|
|ETF500||1nvest S&P 500 Index ETF||81.8M||327.16||+18.6%|