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.
SAB Zenzele Kabili is listed on the Johannesburg Stock Exchange (JSE) since May 28th, 2021. SAB Zenzele Kabili is traded on the JSE under the ticker symbol “SZK”. The International Securities Identification Number (ISIN) of JSE:SZK is ZAE000284196. SAB Zenzele Kabili is currently the 212th most valuable stock on the JSE with a market capitalization of ZAR 2.02 billion, which makes about 0.01% of the Johannesburg Stock Exchange equity market.
|Last Trading Results|
|Day’s Low Price||47.50|
|Day’s High Price||49.71|
|Number of Deals||10|
|Growth & Valuation|
|Earnings Per Share||-18.46|
|Dividend Per Share|
SZK Stock Market Performance
The current share price of SAB Zenzele Kabili (SZK) is ZAR 47.50. SZK closed its last trading day (Friday, July 1, 2022) at 49.71 ZAR per share on the Johannesburg Stock Exchange (JSE). SAB Zenzele Kabili began the year with a share price of 68.01 ZAR but has since lost 26.9% off that price valuation, ranking it 360th 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 June 2nd to date.
SAB Zenzele Kabili is the 352nd most traded stock on the Johannesburg Stock Exchange over the past three months (Mar 30 - Jul 1, 2022). SZK has traded a total volume of 156,265 shares—in 602 deals—valued at ZAR 8.02 million over the period, with an average of 2,480 traded shares per session. A volume high of 46,182 was achieved on April 11th, and a low of 43 on June 3rd, 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
- Investment Services
- 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.
|RACP||RECM and Calibre Limited||716M||14.00||+27.3%|
|SYGCN||Sygnia Itrix New China Sectors ETF||212M||33.95||+20.8%|
|SBP||Sabvest Capital Limited||2.91B||73.50||+20.5%|
|EPE||EPE Capital Partners Ltd||1.64B||5.72||+13%|
|BRT||Brimstone Inv Corp Ltd||1.86B||7.04||+11.8%|
|STXHLT||Satrix Healthcare Innovation ETF||22M||58.47||+5.77%|
|NGPLD||NewGold Palladium ETF||476M||311.95||+4.39%|
|ETFPLD||1nvest Palladium ETF||160M||311.38||+4.18%|
|PREFTX||CoreShares Preftrax ETF||416M||10.25||+4.17%|
|STXILB||Satrix ILBI Portfolio||454M||7.20||+3.6%|