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Rand Merchant Investment Holdings Ltd

RMIJ.J

Latest Trade

2,971.00ZAc

Change

10.00(+0.34%)

Volume

586,272

Today's Range

2,951.00

 - 

2,992.00

52 Week Range

2,716.00

 - 

3,759.00

As of on the Johannesburg Stock Exchange ∙ Minimum 15 minute delay

Latest Developments

RMI Says Youi's Estimated Losses From Australian Bushfires A$25-$40 Mln

Jan 10 (Reuters) - Rand Merchant Investment Holdings Ltd <RMIJ.J>::JSE: RMI - VOLUNTARY ANNOUNCEMENT REGARDING AUSTRALIAN BUSHFIRES AND SALE OF YOUI NEW ZEALAND’S INSURANCE PORTFOLIO.RAND MERCHANT INVESTMENT - YOUI'S CURRENT ESTIMATE OF GROSS LOSSES RELATED TO BUSHFIRES FROM NOV TO 8 JAN 2020 RANGES A$25 MILLION & A$40 MILLION.RAND MERCHANT INVESTMENT HOLDINGS - YOUI'S EXCESS OF LOSS REINSURANCE COVER FOR CATASTROPHE EVENTS IS EXPECTED TO COVER A PROPORTION OF LOSSES.RAND MERCHANT INVESTMENT - DEPENDING ON HOW LONG BUSHFIRES CONTINUE, C.A$80 MILLION ATTACHMENT POINT MAY BE REACHED RESULTING IN A RECOVERY FROM TREATY.RAND MERCHANT INVESTMENT- RMI OWNS 89.1% OF OUTSURANCE HOLDINGS; OUTSURANCE OWNS AN EFFECTIVE INTEREST OF 84.5% IN YOUI HOLDINGS PTY.RAND MERCHANT INVESTMENT - DISCONTINUANCE OF YOUI NEW ZEALAND INSURANCE OPERATION WILL RELEASE SURPLUS CAPITAL OF CIRCA A$47 MILLION AVAILABLE TO YOUI.RAND MERCHANT INVESTMENT- YOUI ESTIMATES ABOUT A$45 MILLION-A$60 MILLION IN NET NATURAL PERILS LOSSES TO DATE INCLUDING ESTIMATED LOSS FROM BUSHFIRES.

Rand Merchant Investment Announces Sale Of Youi New Zealand Insurance Portfolio

Sept 25 (Reuters) - Rand Merchant Investment Holdings Ltd <RMIJ.J>::VOLUNTARY ANNOUNCEMENT: SALE OF YOUI NEW ZEALAND INSURANCE PORTFOLIO.SALE PRICE RANGE IS BETWEEN NZ$10 MILLION AND NZ$13 MILLION.OUTSURANCE HOLDINGS LIMITED, 89%-HELD SUBSIDIARY OF RMI, HAS AGREED TO TRANSFER ITS NEW ZEALAND INSURANCE BUSINESS.OUTSURANCE TO TRANSFER ITS NEW ZEALAND INSURANCE BUSINESS TO TOWER INSURANCE LIMITED.

Rand Merchant Investment Says FY Headline Earnings Down 7%

Sept 10 (Reuters) - Rand Merchant Investment Holdings Ltd <RMIJ.J>::AUDITED SUMMARY FINAL RESULTS ANNOUNCEMENT AND CASH DIVIDEND DECLARATION FOR THE YEAR ENDED 30 JUNE 2019.FY HEADLINE EARNINGS DOWN 7% TO R3 801 MILLION (2018: R4 081 MILLION).RESOLVED TO DECLARE A FINAL DIVIDEND OF 65.0 CENTS (2018: 65.0 CENTS) PER ORDINARY SHARE.FY INVESTMENT INCOME 632 MILLION RAND VERSUS 760 MILLION RAND.

Rand Merchant Investment Holdings HY HEPS Of 125.6 Cents

March 11 (Reuters) - Rand Merchant Investment Holdings Ltd <RMIJ.J>::HY NORMALISED EARNINGS PER SHARE 137.2 CENTS.HY EARNED PREMIUMS NET OF REINSURANCE R7 492 MILLION VERSUS R7 208 MILLION.HY HEADLINE EARNINGS PER SHARE 125.6 CENTS.HY DIVIDEND: 45C PER SHARE (2017: 39C PER SHARE).

Rand Merchant Declares Final Gross Cash Dividend Of 65 Cents Per Ordinary Share

Oct 18 (Reuters) - Rand Merchant Investment Holdings Ltd <RMIJ.J>::CASH PAYMENT IN RESPECT OF FRACTIONAL ENTITLEMENTS.DECLARED A FINAL GROSS CASH DIVIDEND OF 65 CENTS PER ORDINARY SHARE FOR YEAR ENDED 30 JUNE 2018.

Rand Merchant Investment Says FY HEPS From Cont Ops 269.7 Cents

Sept 11 (Reuters) - Rand Merchant Investment Holdings Ltd <RMIJ.J>::FY HEPS FROM CONTINUING OPERATIONS 269.7 CENTS.FY NORMALISED EPS FROM CONTINUING OPERATIONS 295.1 CENTS.EXPECTS CURRENT BUYBACK PROGRAMME TO BE FINALISED BY DECEMBER 2018.

Rand Merchant Investment Holdings Posts HY HEPS of 138.3 Cents

March 12 (Reuters) - Rand Merchant Investment Holdings Ltd <RMIJ.J>::HY ‍HEADLINE EARNINGS: +28% TO R2 087 MILLION; +26% TO 138.3 CENTS PER SHARE​.‍ CHAIRMAN GT FERREIRA IN APRIL WILL TURN 70 AND REACH POINT OF COMPULSORY RETIREMENT​.‍ FERREIRA WILL BE REPLACED AS CHAIRMAN BY JANNIE DURAND, CURRENT DEPUTY CHAIRMAN, EFFECTIVE 31 MARCH 2018.​.

Rand Merchant Says ‍Retirement Of GT Ferreira As Chairman​

March 7 (Reuters) - Rand Merchant Investment Holdings Ltd <RMIJ.J>::‍RETIREMENT OF CHAIRMAN​ GT FERREIRA.GT FERREIRA ‍WILL BE REPLACED AS CHAIRMAN BY JANNIE DURAND, CURRENT DEPUTY CHAIRMAN, EFFECTIVE 31 MARCH 2018​.

Rand Merchant Investment Holdings Sees HY HEPS Up Between 20-30 Pct

March 6 (Reuters) - Rand Merchant Investment Holdings Ltd <RMIJ.J>::RAND MERCHANT INVESTMENT HOLDINGS - 6 MONTHS TO DEC, HEPS ARE EXPECTED TO DIFFER BY AT LEAST 20% FROM THOSE OF PREVIOUS CORRESPONDING REPORTING PERIOD​.SEES HY HEPS BETWEEN 131.0 CENTS TO 142.0 CENTS ​.

Rand Merchant Investment says Marthinus Visser appointed CEO of Outsurance Holdings

Nov 13 (Reuters) - Rand Merchant Investment Holdings Ltd <RMIJ.J>:RAND MERCHANT INVESTMENT HOLDINGS LTD - ‍APPOINTMENT OF MARTHINUS VISSER AS NEW GROUP CEO OF OUTSURANCE HOLDINGS LIMITED​.RAND MERCHANT INVESTMENT HOLDINGS LTD - ‍MARTHINUS WILL BE TAKING OVER FROM WILLEM ROOS, EFFECTIVE 1 JANUARY 2018​.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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