African Stock Exchanges

MEIK - Meikles Limited

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MEIK share price on Zimbabwe Stock ExchangeMEIK share price on Zimbabwe Stock Exchange

Meikles Limited is a leading retail and hotel group in Zimbabwe. The company, which began in 1892, is prominently engaged in the hotel, retail, supermarket chain, agriculture, and security services industries. It wholly owns the premier 5-star Meikles Hotel in Harare, jointly operates Victoria Falls Hotel with African Sun, and has major holding in Cape Grace Hotel in Cape Town, South Africa. Other businesses of the group include the supermarket chain TM Supermarkets; Greatermans Stores, which offers department stores-style retail under the brand names Barbours and The M Store; Tanganda Tea Company, which is the biggest distributor of bulk and packaged tea, and also producer of the bottled spring water Tinga Mira; and Meikles Guard Services, which offers security guard services across the country. Through its diversified operating portfolio, Meikles is aiming to become “the leading hospitality and retail group” in Zimbabwe.

Meikles Limited is listed on the Zimbabwe Stock Exchange (ZSE). Meikles is traded on the ZSE under the ticker symbol “MEIK”. Meikles Limited is currently the seventh most valuable stock on the ZSE with a market capitalization of ZiG 745 million, which is about 2.57% of the Zimbabwe Stock Exchange equity market.

MEIK2.8825 ▴ 0.001053 (0.04%)
1 day ago
Last Trading Results
Opening Price
Day’s Low Price
Day’s High Price
Traded Volume500
Number of Deals
Gross Turnover1,441.25
Growth & Valuation
Earnings Per Share
Price/Earning Ratio
Dividend Per Share
Dividend Yield
Shares Outstanding258M
Market Capitalization745M
Monetary values are quoted in Zimbabwe Gold (ZiG) unless otherwise stated

MEIK Stock Market Performance

1WK4WK3MO
+0.04%+82.8%+260%
6MO1YRYTD
+902%+2,116%+478%

The current share price of Meikles Limited (MEIK) is ZiG 2.8825. MEIK closed its last trading day (Friday, April 12, 2024) at 2.8825 ZiG per share on the Zimbabwe Stock Exchange (ZSE). Meikles began the year with a share price of 0.499043 ZiG and has since gained 478% on that price valuation, ranking it fifth on the ZSE in terms of year-to-date performance. Shareholders can be optimistic about MEIK knowing the stock has accrued an outstanding 83% over the past four-week period alone—14th best on ZSE.

Meikles is the 19th most traded stock on the Zimbabwe Stock Exchange over the past three months (Jan 12 - Apr 12, 2024). MEIK has traded a total volume of 1.32 million shares valued at ZiG 2.74 million over the period, with an average of 20,971 traded shares per session. A volume high of 518,200 was achieved on January 31st for the same period. The table below details the last 10 trading days of activity of Meikles on the Zimbabwe Stock Exchange.

DateVolumeCloseChangeChange%
2024-04-125002.8825+0.001030+0.04%
2024-04-057002.881470-0.120061-4.00%
2024-04-0440,7003.001532+0.120061+4.17%
2024-04-031,3002.881470+0.012149+0.42%
2024-04-0212,0002.869322+0.067892+2.42%
2024-03-285002.801430
2024-03-271002.801430+0.352159+14.38%
2024-03-252,6002.449271+0.001706+0.07%
2024-03-221,9002.447565+0.087272+3.70%
2024-03-2127,8002.360293

Profile of Meikles Limited

Meikles Limited operates in the Consumer Services sector. The company's board of directors, chaired by John R. T. Moxon, is composed of four members whose names are listed below.

  1. Moxon, John R. T.
    Executive Chairman
  2. Ncube, Kazilek
    Executive Director
  3. Chidembo, Rugare
    Non-Executive Director
  4. Mushore, James
    Non-Executive Director

Factsheet of Meikles Limited

Sector
Consumer Services
Industry
Address
90 Speke Avenue, P. O. Box 3598, Harare, Zimbabwe
Telephone
+263-86-770-04021, +263-86-770-04022, +263-24-225-2068

MEIK Industrial Market Competitors

Meikles Limited, issuers of the MEIK stock on the Zimbabwe Stock Exchange, have four market competitors who are also engaged in the Consumer Services sector. The table below presents an overview of their market standing.

CodeNameM. Cap.CloseYTD
OKZOK Zimbabwe Limited580M0.4648+443%
ZIMPZimbabwe Newspapers Limited22.5M0.040020+194%
RTGRainbow Tourism Group Limited450M0.180090+181%
UNIFUnifreight Africa Limited28.1M0.259790+160%

Index of African Stock Exchanges:

  1. Botswana Stock Exchange
  2. BRVM Stock Exchange
  3. Ghana Stock Exchange
  4. Johannesburg Stock Exchange
  5. Lusaka Securities Exchange
  6. Malawi Stock Exchange
  7. Nairobi Securities Exchange
  8. Nigerian Stock Exchange
  9. Uganda Securities Exchange
  10. Zimbabwe Stock Exchange

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