HIPO - Hippo Valley Estates Limited
Hippo Valley Estates Limited is engaged in the growing and milling of sugarcane and other farming operations. The Company, through its subsidiaries, is engaged in the development and sale of township stands. The Company has a 50% interest in Mkwasine Estate, which is engaged in the growing of sugarcane and other agricultural operations, and Zimbabwe Sugar Sales (Private) Limited, which acts as a broker to the sugar millers. It has a 32.56% interest in the Tokwane Consortium. The Company also has a 33.3% interest in Sugar Industries (Proprietary) Limited, which is a packer and distributor of refined sugar in Botswana, and a 49% interest in NCP Distillers (Zimbabwe) (Private) Limited, which is engaged in the conversion of molasses into alcohol.
Hippo Valley Estates Limited is listed on the Zimbabwe Stock Exchange (ZSE). Hippo Valley Estates is traded on the ZSE under the ticker symbol “HIPO”. Hippo Valley Estates Limited is currently the eighth most valuable stock on the ZSE with a market capitalization of ZWL 310 billion, which makes about 3.13% of the Zimbabwe Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | |
| Day’s High Price | |
| Traded Volume | 40,500 |
| Number of Deals | |
| Gross Turnover | 65.1M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 193M |
| Market Capitalization | 310B |
HIPO Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +7.19% | +102% | +217% |
| 6MO | 1YR | YTD |
|---|---|---|
| +699% | +394% | +781% |
The current share price of Hippo Valley Estates Limited (HIPO) is ZWL 1,607.7830. HIPO closed its last trading day (Friday, June 2, 2023) at 1,607.7830 ZWL per share on the Zimbabwe Stock Exchange (ZSE), recording a 0.4% gain over its previous closing price of 1,602.00 ZWL. Hippo Valley Estates began the year with a share price of 182.5993 ZWL and has since gained 781% on that price valuation, ranking it seventh on the ZSE in terms of year-to-date performance. Shareholders can be optimistic about HIPO knowing the stock has accrued an outstanding 102% over the past four-week period alone—20th best on ZSE.
Hippo Valley Estates is the 17th most traded stock on the Zimbabwe Stock Exchange over the past three months (Mar 1 - Jun 2, 2023). HIPO has traded a total volume of 3.01 million shares valued at ZWL 2.5 billion over the period, with an average of 47,849 traded shares per session. A volume high of 495,200 was achieved on April 5th for the same period. The table below details the last 10 trading days of activity of Hippo Valley Estates on the Zimbabwe Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2023-06-02 | 40,500 | 1,607.7830 | +5.7830 | +0.36% |
| 2023-06-01 | 100 | 1,602.00 | +0.95 | +0.06% |
| 2023-05-31 | 2,000 | 1,601.05 | +1.05 | +0.07% |
| 2023-05-30 | 11,900 | 1,600.00 | +100.00 | +6.67% |
| 2023-05-29 | 2,000 | 1,500.00 | ||
| 2023-05-26 | 29,200 | 1,500.00 | ||
| 2023-05-24 | 20,500 | 1,500.00 | ||
| 2023-05-23 | 57,800 | 1,500.00 | -0.2104 | -0.01% |
| 2023-05-22 | 118,800 | 1,500.2104 | +0.2104 | +0.01% |
| 2023-05-19 | 134,800 | 1,500.00 |
Profile of Hippo Valley Estates Limited
Hippo Valley Estates Limited operates in the Consumer Goods sector.
Factsheet of Hippo Valley Estates Limited
- Sector
- Consumer Goods
- Industry
- —
- Address
- Box 1, Chiredzi
- Telephone
- —
- —
- Website
- —
HIPO Industrial Market Competitors
Hippo Valley Estates Limited, issuers of the HIPO stock on the Zimbabwe Stock Exchange, have a number of market competitors who are also engaged in the Consumer Goods sector. The table below presents an overview of the market standing of the top nine by year-to-date performance.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| SEED | Seed Co Limited | 317B | 1,282.2856 | +1,621% |
| TANG | Tanganda Tea Company | 278B | 1,065.70 | +1,093% |
| DZL | Dairibord Holdings Limited | 138B | 388.00 | +1,009% |
| DLTA | Delta Corporation Limited | 3.06T | 2,385.0219 | +563% |
| AFDS | African Distillers Limited | 131B | 1,116.00 | +324% |
| ARIS | Ariston Holdings Limited | 25.9B | 16.0835 | +297% |
| SACL | Star Africa Corporation Limited | 21.8B | 4.6414 | +119% |
| BAT | British American Tobacco Limited | 111B | 5,405.0032 | +93.1% |
| NTS | National Tyre Services Limited | 4.09B | 16.10 | +57.8% |
