YYLBEE - YeboYethu (RF) Ltd
YeboYethu (RF) Limited is publicly incorporated in South Africa as a single purpose vehicle to hold a direct investment in Vodacom Proprietary Limited (“Vodacom SA”) and facilitate Black Economic Empowerment (“BEE”) in the mobile telecommunications sector. Since the company’s incorporation, by investing in YeboYethu shares, over 100,000 black people have been able to buy and hold a beneficial interest in Vodacom SA, South Africa’s largest mobile telecom operator by customer and revenue. YeboYethu owns a maximum of 3.44% of Vodacom SA but does not own nor have any beneficial interests in nor rights to Vodacom Group Limited shares.
The rationale for listing on the JSE is to provide shareholders with regulatory certainty regarding their ability to continue trading in YeboYethu shares. It also provides (1) enhanced liquidity in comparison to the over-the-counter trading platform due to the wider access that buyers and sellers have to professional broking services of JSE members. (2) easier price discovery as JSE prices are published in most major print and electronic financial publications. (3) increased investor protection as a result of the JSE being a regulated market where activities such as insider trading, price manipulation, and false and misleading reporting are monitored and curbed.
YeboYethu (RF) Ltd is listed on the Johannesburg Stock Exchange (JSE) since August 11th, 2016. YeboYethu is traded on the JSE under the ticker symbol “YYLBEE”. The International Securities Identification Number (ISIN) of JSE:YYLBEE is ZAE000218483. YeboYethu (RF) Ltd is currently the 217th most valuable stock on the JSE with a market capitalization of ZAR 1.24 billion, which makes about 0.0066% of the Johannesburg Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | |
| Day’s High Price | |
| Traded Volume | 0 |
| Number of Deals | 0 |
| Gross Turnover | 0.00 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | -26.26 |
| Price/Earning Ratio | -0.89 |
| Dividend Per Share | 1.83 |
| Dividend Yield | 7.79% |
| Shares Outstanding | 52.9M |
| Market Capitalization | 1.24B |
YYLBEE Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -6% | -16.1% |
| 6MO | 1YR | YTD |
|---|---|---|
| -13% | -31.9% | -26.6% |
The current share price of YeboYethu (RF) Ltd (YYLBEE) is ZAR 23.50. YYLBEE closed its last trading day (Wednesday, April 17, 2024) at 23.50 ZAR per share on the Johannesburg Stock Exchange (JSE). YeboYethu began the year with a share price of 32.00 ZAR but has since lost 26.6% off that price valuation, ranking it 362nd on the JSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that YYLBEE has lost 6% of the stock’s value from March 19th to date.
YeboYethu is the 345th most traded stock on the Johannesburg Stock Exchange over the past three months (Jan 19 - Apr 19, 2024). YYLBEE has traded a total volume of 94,446 shares—in 221 deals—valued at ZAR 2.43 million over the period, with an average of 1,499 traded shares per session. A volume high of 18,258 was achieved on March 22nd for the same period. The table below details the last 10 trading days of activity of YeboYethu on the Johannesburg Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2024-04-17 | 290 | 23.50 | ||
| 2024-04-16 | 500 | 23.50 | ||
| 2024-04-15 | 898 | 23.50 | ||
| 2024-04-12 | 420 | 23.50 | ||
| 2024-04-11 | 5,030 | 23.50 | ||
| 2024-04-09 | 940 | 23.50 | ||
| 2024-04-08 | 743 | 23.50 | -0.51 | -2.12% |
| 2024-04-05 | 2,332 | 24.01 | ||
| 2024-04-04 | 200 | 24.01 | ||
| 2024-04-03 | 2,580 | 24.01 |
Profile of YeboYethu Limited
YeboYethu Limited was founded on June 19, 2008 and operates in the Financials sector, specifically, the Investment Services industry. The company's board of directors, chaired by Zarina Bassa, is composed of nine members whose names are listed below.
- Bassa, Zarina
Independent Non-Executive Chairman - Hall, Adele
Independent Non-Executive Director - Silwanyana, Busisiwe
Independent Non-Executive Director - Conrad, Alethea
Independent Non-Executive Director - Mokgatlha, Thabo V.
Independent Non-Executive Director - Mbungela, Matimba
Non-Executive Director - Kobue, Katlego
Non-Executive Director - Lucht, Udo
Non-Executive Director - Fuchs, Oren
Non-Executive Director
Factsheet of YeboYethu Limited
- Sector
- Financials
- Industry
- Investment Services
- Address
- Vodacom Corporate Park, 082 Vodacom Boulevard, Midrand, 1685, South Africa
- Telephone
- +27-11-581-7850, +27-11-321-5563
YYLBEE Industrial Market Competitors
YeboYethu Limited, issuers of the YYLBEE 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.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| 4SI | 4Sight Holdings Limited | 385M | 0.72 | +44% |
| RHB | RH Bophelo Limited | 249M | 3.85 | +28.3% |
| ETFGLD | 1nvest Gold ETF | 1.65B | 443.34 | +19.2% |
| GLD | New Gold Issuer Limited | 20.3B | 423.96 | +19.1% |
| SYFANG | Sygnia Itrix FANG.AI Actively Managed ETF | 874M | 13.10 | +13.4% |
| ETFRHO | 1nvest Rhodium ETF | 170M | 823.29 | +12.4% |
| STXRES | Satrix RESI ETF Portfolio | 880M | 66.70 | +11.4% |
| MHB | Mahube Infrastructure Limited | 248M | 4.50 | +11.4% |
| SYGEU | Sygnia Itrix EURO STOXX 50 ETF | 3.43B | 100.81 | +9.5% |
| STXNDA | Satrix MSCI India Feeder ETF | 607M | 86.78 | +8.5% |
