Our opinion on the current state of AFRIMAT(AFT)Afrimat (AFT) is an open-pit mining company that supplies composites, construction materials, and other commodities to a range of industries in Southern Africa.
Until the end of 2015, Afrimat was one of the best-performing shares on the JSE. The share broke up out of a three-year sideways pattern
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5 ZAR
781.78 M ZAR
6.08 B ZAR
111.45 M
About AFRIMAT LIMITED
Sector
Industry
CEO
Andries Johannes van Heerden
Website
Headquarters
Bellville
Founded
2006
ISIN
ZAE000086302
FIGI
BBG000PMNQL7
Afrimat Ltd. engages in open pit mining, processing, and supplying of industrial minerals and materials. It operates through the following segments: Construction Materials, Industrial Minerals, Bulk Commodities, Future Materials and Metals, and Services. The Construction Materials segment consists of aggregates, concrete-based products and contracting operations. The Industrial Minerals segment focuses on the sale of limestone, dolomite, and industrial sand. The Bulk Commodities segment includes iron ore and anthracite. The Future Materials and Metals segment deals with phosphate. The Services segment refers to the group's shared services including IT services, consulting services, external logistical, and mining services. The company was founded on July 20, 2006 and is headquartered in Bellville, South Africa.
Our opinion on the current state of AFRIMAT(AFT)Afrimat (AFT) is an open-pit mining company supplying composites, construction materials, and other commodities to various industries across Southern Africa. Historically, Afrimat was one of the top-performing shares on the JSE until the end of 2015. After a period of consolidation and navigating th
Our opinion on the current state of AFRIMAT(AFT)Afrimat (AFT) is an open-pit mining company that supplies composites, construction materials, and other commodities to a range of industries in Southern Africa. Until the end of 2015, Afrimat was one of the best-performing shares on the JSE. The share broke up out of a 3-year sideways pattern, which
$JSEAFT - Afrimat: Leading or Ending Diagonal? Time Will TellSee link below for previous analysis.
The advance from 4366 cps to the peak just below the all time is best labelled as a diagonal, but the big question is, is it a leading or ending diagonal?
I am tentatively labelling the sell-off as a simple zigzag but the extent of the sell-off will provide clu
$JSEAFT - Afrimat: Creeping Towards All Time HighsSee link below for previous analysis.
The leading diagonal outlook has not changed, the fifth wave seems to have extended and travelled beyond the upper trendline creating an overshoot.
An alternative; instead of being a leading diagonal, this pattern could be an ending diagonal which would call f
AFT.JO Prints an IH&S Pattern 1 Year Study.Afrimat has printed an Inverse Head and Shoulders Pattern.
I know the Shoulders are small & Cute!
In this 1 Year Study Analysis I've Switched to a simple line Chart as to easily depict the Pattern.
The Chart Depicts the possible Upsides.
As always get a few Experts Advice before making any Investme
Our opinion on the current state of AFRIMAT(AFT)Afrimat, an open-pit mining company based in Southern Africa, has developed a robust reputation for its diverse supply of composites, construction materials, and other commodities to various industries. Historically one of the best performing shares on the Johannesburg Stock Exchange (JSE) until the
Our opinion on the current state of AFRIMAT(AFT)Afrimat, a prominent open-pit mining company in Southern Africa, provides a broad range of products including composites and construction materials. Until the end of 2015, it stood out as one of the JSE's top-performing shares, showcasing resilience and growth even through the COVID-19 pandemic. Thi
$JSEAFT - Afrimat: Leading Diagonal A Base For Bullish OutlookSee link for previous analysis.
Afrimat used to be a one-way steam train but the stock has lost its momentum since peaking at an all time high in April of 2022.
A 43% bear market saw the stock decline from 7647 to 4366 cps.
What we have seen from the 4366 low is a sequence of higher highs and high
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Summarizing what the indicators are suggesting.
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An aggregate view of professional's ratings.
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Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of AFT is 5,549 ZAC — it has increased by 0.52% in the past 24 hours. Watch AFRIMAT LIMITED stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on JSE exchange AFRIMAT LIMITED stocks are traded under the ticker AFT.
AFT stock has risen by 2.69% compared to the previous week, the month change is a −8.62% fall, over the last year AFRIMAT LIMITED has showed a −13.30% decrease.
We've gathered analysts' opinions on AFRIMAT LIMITED future price: according to them, AFT price has a max estimate of 6,600.00 ZAC and a min estimate of 6,600.00 ZAC. Watch AFT chart and read a more detailed AFRIMAT LIMITED stock forecast: see what analysts think of AFRIMAT LIMITED and suggest that you do with its stocks.
AFT stock is 5.87% volatile and has beta coefficient of 0.48. Track AFRIMAT LIMITED stock price on the chart and check out the list of the most volatile stocks — is AFRIMAT LIMITED there?
Today AFRIMAT LIMITED has the market capitalization of 8.45 B, it has decreased by −10.23% over the last week.
Yes, you can track AFRIMAT LIMITED financials in yearly and quarterly reports right on TradingView.
AFRIMAT LIMITED is going to release the next earnings report on May 15, 2025. Keep track of upcoming events with our Earnings Calendar.
AFT earnings for the last half-year are 0.56 ZAC per share, whereas the estimation was 2.97 ZAC, resulting in a −81.31% surprise. The estimated earnings for the next half-year are 2.07 ZAC per share. See more details about AFRIMAT LIMITED earnings.
AFRIMAT LIMITED revenue for the last half-year amounts to 4.10 B ZAC, despite the estimated figure of 5.07 B ZAC. In the next half-year revenue is expected to reach 5.93 B ZAC.
AFT net income for the last half-year is 351.04 M ZAR, while the previous report showed 402.72 M ZAR of net income which accounts for −12.83% change. Track more AFRIMAT LIMITED financial stats to get the full picture.
AFRIMAT LIMITED dividend yield was 3.10% in 2023, and payout ratio reached 37.28%. The year before the numbers were 2.78% and 32.82% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. AFRIMAT LIMITED EBITDA is 1.39 B ZAR, and current EBITDA margin is 25.61%. See more stats in AFRIMAT LIMITED financial statements.
Like other stocks, AFT shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade AFRIMAT LIMITED stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So AFRIMAT LIMITED technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating AFRIMAT LIMITED stock shows the sell signal. See more of AFRIMAT LIMITED technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.