African Bank Investments Ltd (ABLJ.J)

ABLJ.J on Johannesburg Stock Exchange

31.00ZAc
11 Aug 2014
Price Change (% chg)

-- (--)
Prev Close
31.00c
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
0
52-wk High
1,287.00c
52-wk Low
28.00c

ABLJ.J

Chart for ABLJ.J

About

African Bank Investments Limited (ABIL) is a bank-controlling company. The Company operates through two primary businesses, African Bank and EHL, as well as insurance subsidiaries, The Standard General Insurance Company (Stangen) and Relyant Insurance Company (Relyant). African Bank offers long and short term loans, as well as... (more)

Overall

Beta: 0.59
Market Cap (Mil.): R570.82
Shares Outstanding (Mil.): 1,514.62
Dividend: --
Yield (%): 16.13

Financials

  ABLJ.J Industry Sector
P/E (TTM): -- 14.16 15.04
EPS (TTM): -8.25 -- --
ROI: -- 0.01 0.86
ROE: -84.63 23.84 22.76
Search Stocks

Fitch: Domestic Operating Environment Caps South African Bank Ratings

(The following statement was released by the rating agency) Link to Fitch Ratings' Report: 2015 Outlook: South African Banks http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=836988 LONDON/DUBAI, December 15 (Fitch) Fitch Ratings says in its 2015 outlook report that the operating environment in South Africa acts as a cap to bank ratings. The weakening economic position of the South African sovereign, weak expected GDP growth for 2015 and lack of delivery on infrastructure

15 Dec 2014

UPDATE 1-African Bank to delay listing of new "good bank"

* Central bank to provide liquidity (Adds comment, more details)

10 Dec 2014

BRIEF-African Bank Investments says Ellerine to post rescue plan in Q1

* Ellerine Holdings Ltd expected to publish business rescue plan during Q1 of 2015, having obtained creditors approval for such extension. Source text for Eikon: Further company coverage:

10 Dec 2014

Rescue plan for Abil's Ellerine makes slow progress

JOHANNESBURG, Nov 28 - Administrators implementing a rescue plan for African Bank Investments'(Abil) furniture business Ellerine have so far failed to find bidders for the bulk of the assets, they told creditors in an update on Friday.

28 Nov 2014

Investors in South Africa's Abil receive offer for preference shares

JOHANNESBURG, Nov 27 - Some investors in failed South African lender African Bank Investments (Abil) have received offers for its preference shares, the company said on Thursday, a possible sign of interest in the bank ahead of a planned relisting.

27 Nov 2014

BRIEF-ABIL says made aware of unsolicited offer by Deep Value Investments

* Unsolicited offer for ABIL preference shares (ABLP) by Deep Value Investments Proprietary Ltd

27 Nov 2014

UPDATE 2-Abil's furniture firm owes big South African banks $53 mln

* Creditors to vote on rescue plan Monday (Recasts, adds context and background)

05 Nov 2014

Former unit of S. Africa's Abil says it owes creditors $117 mln

JOHANNESBURG, Nov 5 - The former furniture unit of failed South African lender African Bank Investments says it owes creditors 1.3 billion rand ($117 million), nearly half of that to major lenders including FirstRand and Standard Bank, documents showed.

05 Nov 2014

S.Africa's Abil to re-list early next year- Finmin Nene

CAPE TOWN, Oct 22 - Failed South African lender African Bank Investments (Abil) is likely to re-list on the stock exchange early next year, and its government supervision will be concluded without the use of taxpayer money, Finance Minister Nhlanhla Nene said on Wednesday.

22 Oct 2014

BRIEF-African Bank Investments says CFO Nalliah to retire by end of next March

* Board has approved CFO Nithia Nalliah's request for early retirement

06 Oct 2014

Earnings vs. Estimates

Analyst Research Reports

Report Title Price
Provider: Reuters Investment Profile
$20.00
Provider: Wright Reports
$75.00
Provider: Thomson Reuters StreetEvents
$75.00
Provider: Thomson Reuters StreetEvents
$75.00
Provider: Thomson Reuters StreetEvents
$75.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Search Stocks