MEIK - Meikles Limited
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.
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MEIK Stock Market Performance
The current share price of Meikles Limited (MEIK) is ZWL 94.4503. MEIK closed its last trading day (Monday, July 26, 2021) at 94.4503 ZWL per share on the Zimbabwe Stock Exchange (ZSE). Meikles began the year with a share price of 25.4240 ZWL and has since gained 272% on that price valuation, ranking it 17th on the ZSE in terms of year-to-date performance. Shareholders can be optimistic about MEIK knowing the stock has accrued 14% over the past four-week period—21st best on ZSE.
Meikles is the 26th most traded stock on the Zimbabwe Stock Exchange over the past three months (Apr 28 - Jul 26, 2021). MEIK has traded a total volume of 3.29 million shares valued at ZWL 246 million over the period, with an average of 52,197 traded shares per session. A volume high of 639,200 was achieved on May 26th for the same period. The table below details the last 10 trading days of activity of Meikles on the Zimbabwe Stock Exchange.
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.
- Moxon, John R. T.
- Ncube, Kazilek
- Chidembo, Rugare
- Mushore, James
|Factsheet of Meikles Limited|
90 Speke Avenue, P. O. Box 3598, Harare, Zimbabwe
+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.
|UNIF||Unifreight Africa Limited||3.25B||30.00||+16,029%|
|ASUN||African Sun Limited||6.85B||8.2327||+394%|
|EDGR||Edgars Stores Limited||2.7B||4.5375||+263%|
|ZIMP||Zimbabwe Newspapers Limited||1.92B||3.4188||+249%|
|RTG||Rainbow Tourism Group Limited||12.3B||4.90||+156%|
|OKZ||OK Zimbabwe Limited||20.1B||16.1060||+79.5%|