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.

MEIK158.00 ▾ 2.65 (1.65%)
12 hours ago
Last Trading Results
Opening Price
Day’s Low Price
Day’s High Price
Traded Volume800
Number of Deals
Gross Turnover126,400.00
Growth & Valuation
Earnings Per Share
Price/Earning Ratio
Dividend Per Share
Dividend Yield
Shares Outstanding258M
Market Capitalization40.8B
Monetary values are quoted in Zimbabwe Dollar (ZWL) unless otherwise stated

MEIK Stock Market Performance

1WK4WK3MO
+5.32%-23.1%+72.7%
6MO1YRYTD
+125%+884%+521%

The current share price of Meikles Limited (MEIK) is ZWL 158.00. MEIK closed its last trading day (Monday, December 6, 2021) at 158.00 ZWL per share on the Zimbabwe Stock Exchange (ZSE), recording a 1.6% drop from its previous closing price of 160.65 ZWL. Meikles began the year with a share price of 25.4240 ZWL and has since gained 521% on that price valuation, ranking it 15th on the ZSE in terms of year-to-date performance. Investors should, however, take caution of MEIK’s recent poor performance, having lost 23% of its value in the past four weeks.

Meikles is the third most traded stock on the Zimbabwe Stock Exchange over the past three months (Sep 8 - Dec 6, 2021). MEIK has traded a total volume of 141 million shares valued at ZWL 22.2 billion over the period, with an average of 2.23 million traded shares per session. A volume high of 123 million was achieved on December 1st for the same period. The table below details the last 10 trading days of activity of Meikles on the Zimbabwe Stock Exchange.

DateVolumeCloseChangeChange%
2021-12-06800158.00-2.65-1.65%
2021-12-0315,245,690160.65+0.03+0.02%
2021-12-0213,000160.62+2.3520+1.49%
2021-12-01122,903,771158.2680
2021-11-3015,300158.2680+8.2429+5.49%
2021-11-2927,100150.0251+4.0251+2.76%
2021-11-26600146.00+1.00+0.69%
2021-11-252,700145.00-30.00-17.14%
2021-11-245,900175.00-15.8571-8.31%
2021-11-231,400190.8571

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
Email:
investorrelations@meikleslimited.co.zw
Website:
www.meiklesltd.com

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
UNIFUnifreight Africa Limited3.83B35.3846+18,924%
TRUWTruworths Limited902M2.35+697%
EDGREdgars Stores Limited2.98B5.0019+300%
ASUNAfrican Sun Limited4.82B5.7888+248%
ZIMPZimbabwe Newspapers Limited1.69B3.00+206%
OKZOK Zimbabwe Limited30.5B24.4443+172%
RTGRainbow Tourism Group Limited10.9B4.37+128%

Index of African Stock Exchanges:

  1. Botswana Stock Exchange
  2. BRVM Stock Exchange
  3. Ghana Stock Exchange
  4. Johannesburg Stock Exchange
  5. Lusaka Stock 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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