African Stock Exchanges

MEIK - Meikles Limited

Twitter · Facebook
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 16th most valuable stock on the ZSE with a market capitalization of ZWL 46 billion, which is about 1.54% of the Zimbabwe Stock Exchange equity market.

MEIK178.00 ▪ 0.00
5 hours ago
Last Trading Results
Opening Price
Day’s Low Price
Day’s High Price
Traded Volume0
Number of Deals0
Gross Turnover0.00
Growth & Valuation
Earnings Per Share
Price/Earning Ratio
Dividend Per Share
Dividend Yield
Shares Outstanding258M
Market Capitalization46B
Monetary values are quoted in Zimbabwe Dollar (ZWL) unless otherwise stated

MEIK Stock Market Performance

1WK4WK3MO
-13.2%-6.99%+26.7%
6MO1YRYTD
-19.1%+137%+42.3%

The current share price of Meikles Limited (MEIK) is ZWL 178.00. MEIK closed its last trading day (Wednesday, May 18, 2022) at 178.00 ZWL per share on the Zimbabwe Stock Exchange (ZSE), recording a 1.1% drop from its previous closing price of 180.00 ZWL. Meikles began the year with a share price of 125.1004 ZWL and has since gained 42.3% on that price valuation, ranking it 29th on the ZSE in terms of year-to-date performance. Investors should, however, take caution of MEIK’s recent bad performance, having lost 7% of its value in the past four weeks.

Meikles is the 23rd most traded stock on the Zimbabwe Stock Exchange over the past three months (Feb 16 - May 19, 2022). MEIK has traded a total volume of 3.76 million shares valued at ZWL 561 million over the period, with an average of 59,663 traded shares per session. A volume high of 1.48 million was achieved on March 10th for the same period. The table below details the last 10 trading days of activity of Meikles on the Zimbabwe Stock Exchange.

DateVolumeCloseChangeChange%
2022-05-18700178.00-2.00-1.11%
2022-05-179,500180.00-10.0843-5.31%
2022-05-168,300190.0843-6.3443-3.23%
2022-05-1335,000196.4286-8.5714-4.18%
2022-05-12500205.00-35.00-14.58%
2022-05-096,900240.00-0.05-0.02%
2022-05-062,700240.05-0.2278-0.09%
2022-05-051,800240.2778+0.1349+0.06%
2022-05-0418,200240.1429-4.8324-1.97%
2022-05-0320,000244.9753

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 seven market competitors who are also engaged in the Consumer Services sector. The table below presents an overview of their market standing.

CodeNameM. Cap.CloseYTD
ASUNAfrican Sun Limited10.9B13.0813+104%
ZIMPZimbabwe Newspapers Limited2.99B5.33+83.2%
OKZOK Zimbabwe Limited47.5B38.0779+38.7%
UNIFUnifreight Africa Limited3.79B35.00+16.8%
EDGREdgars Stores Limited2.56B4.30-1.15%
RTGRainbow Tourism Group Limited17.5B7.00-10.3%
TRUWTruworths Limited662M1.7250-13.8%

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

Post a comment

    NOTE: You are replying to 's comment. [Cancel]