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Murray & Roberts Holdings Ltd (MURJ.J)

MURJ.J on Johannesburg Stock Exchange

1,400.00ZAc
22 May 2017
Change (% chg)

10.00 (+0.72%)
Prev Close
1,390.00
Open
1,386.00
Day's High
1,411.00
Day's Low
1,386.00
Volume
373,984
Avg. Vol
984,193
52-wk High
1,710.00
52-wk Low
901.00

Latest Key Developments (Source: Significant Developments)

Murray & Roberts says to exit business in Middle East
Monday, 8 May 2017 05:00am EDT 

May 8 (Reuters) - Murray & roberts holdings limited :Expects basic heps for year ended 30 june 2017, to be more than 20% lower than basic heps of 158 cents.Overall, three continuing business platforms are performing in line with management's expectations.Oil and gas market remains depressed, despite stabilisation of oil price around us$50 per barrel.All conditions precedent in relation to disposal of infrastructure & building platform have been fulfilled.Disposal of infrastructure & building platform excluded business in middle east, as buyer was not interested in acquiring this business.Murray & roberts - board thus decided to exit business in Middle East and all construction activity on projects should be completed by end of 2017 calendar year.Discussions were held with ATON as a major minority shareholder, specifically regarding company's interim results.As of 30 april 2017, ATON's beneficial interest in murray & roberts has increased to 29.998% according to company's analysis.Has not received any further guidance, correspondence or communication from aton regarding its future intentions for its investment in company.  Full Article

Murray & Roberts says outlook for metals and mining steadily improving
Thursday, 13 Apr 2017 02:50am EDT 

Murray & Roberts Holdings Ltd : RUC Cementation Mining secures significant underground mine development and production contract .Outlook for metals and minerals steadily improving; expected that underground mining platform will benefit from new investment in mining sector.  Full Article

Murray & Roberts appoints Daniël Grobler new financial director
Thursday, 9 Mar 2017 02:00am EST 

Murray & Roberts Holdings Ltd : appointment of Daniël Grobler as group financial director, with effect 1 april 2017 . Cobus will retire as director of boards of mrh and mrl respectively with effect 31 march 2017 .Daniël will succeed cobus as an executive director on both boards with effect 1 april 2017..  Full Article

Murray & Roberts says Allan Gray clients' stake falls to 12.5 pct
Monday, 27 Feb 2017 05:00am EST 

Murray & Roberts Holdings Ltd : Notice of disposal of Murray & Roberts securities . Murray & Roberts Holdings - has received formal notification that clients of Allan Gray have, in aggregate, disposed an interest in ordinary shares of company .Murray & Roberts Holdings - after disposal, total interest in ordinary shares of co held by Allan Gray's clients has reduced to 12.5203 pct of total issued ordinary shares of co.  Full Article

Murray & Roberts says six months revenue from cont ops down to 10.7 bln rand
Wednesday, 22 Feb 2017 08:53am EST 

Murray & Roberts Holdings Limited : Six month diluted continuing heps of 27 cents (december 2015: 93 cents); . Six months revenue from continuing operations of r10,7 billion (december 2015: r13,0 billion) . Six month nav of r14 per share (december 2015: r16 per share) . Cash net of debt of r1,1 billion (december 2015: r1,0 billion) . Six month order book for continuing operations of r24,5 billion (december 2015: r35,2 billion) .In line with approved dividend policy, board of directors will only consider paying an annual dividend.  Full Article

Murray & Roberts says ATM Holdings acquires interest in co's shares
Wednesday, 22 Feb 2017 02:29am EST 

Murray & Roberts Holdings Ltd : Received formal notification that ATM Holding GMBH, Munich has acquired a beneficial interest in co' ordinary shares .Total beneficial interest of ATM in co's ordinary shares is 25.4553 pct of total issued ordinary share capital of company.  Full Article

Murray & Roberts says Allan Gray, Sanlam Investment reduce stake in co
Tuesday, 21 Feb 2017 04:00am EST 

Murray & Roberts Holdings Ltd : Total interest in ordinary shares of company held by Allan Gray's clients has reduced to 15.3515 pct of issued shares .Total interest in ordinary shares of company held by Sanlam Investment Management (PTY) Ltd has reduced to 4.87 pct of issued shares.  Full Article

Murray & Roberts sees basic HEPS for six months to Dec.31 down more than 20 pct
Wednesday, 7 Dec 2016 07:00am EST 

Murray & Roberts Holdings Ltd :Basic HEPS for six months ended 31 December 2016 to be more than 20 pct lower than basic HEPS of 89 cents last year.  Full Article

Murray & Roberts says financial director to retire
Wednesday, 30 Nov 2016 08:00am EST 

Murray & Roberts Holdings Ltd : Retirement of group financial director . Group financial director Cobus Bester will be retiring at Dec. 31 2016 .Cobus will continue in his role, on contract basis, until successor is appointed, which is expected to be before June 2017.  Full Article

Murray & Roberts says annual payment amounts to 21.25 mln rand on S.Africa govt settlement
Thursday, 13 Oct 2016 06:50am EDT 

Murray & Roberts Holdings Ltd : Announcement regarding settlement agreement concluded with South African government . Resolved to participate in settlement agreement between government of Republic of South Africa and seven construction companies .In case of company, annual payment amounts to 21.25 mln rand.  Full Article

More From Around the Web

South Africa's Murray and Roberts to exit Middle East

JOHANNESBURG, May 8 South Africa's Murray and Roberts (M&R) will exit the Middle East as part of its 314 million rand ($23 million) disposal of its infrastructure and building business, it said on Monday.