Adrenna Property Group. JSE: ANA

Adrenna shares

Background of ADRENNA PROPERTY GROUP

  • Adrenna Property Group is a South Africa-based investment property holding company with shares listed for sale on the Johannesburg Stock Exchange (JSE) since 1999. The company’s chief segments are Investment Property HoldingProperty-related Services, Property Held for Sale and Head Office administration.
  • The company has a history of operating in the business-conducive environment of the Western Cape. Adrenna Property Group’s current property portfolio is worth around R220 million.
  • Despite managing to make some solid acquisitions and continuing to buy into new assets, Adrenna Property share price has registered negative performance on the JSE recently.

Adrenna Property Group Shares Growth Driver

  • The environment in which the group operates has remained static recently, which has dampened the enthusiasm of investors to buy Adrenna shares. While market conditions have narrowly stabilised since the height of the global recession, Adrenna’s directors have not forecast a serious recovery to occur in the short to mid-term.
  • The group’s latest annual financial data illustrated this tough operating environment, with operating profit declining from R12.3 million to R10.3 million. The group suffered a huge blow when it encountered a diminished beneficial effect in the current year that rose from straight-lining of rental income (R0,1 million debited to revenue in the current year as opposed to R1,2 million credited in the prior year). Its fair value adjustments to investment property held for sale accounted for R5.7 million in the current year, as opposed to R9.3 million.
  • Basic earnings per share decreased from 21,9 cents per share in 2014 to 12,9 cents per share and headline earnings per share decreased from 7,8 cents per share in 2014 to 6,7 cents per share. This accounted for Adrenna Property share price performing below par during this period.
  • The directors continue to believe that a significant increase in Net Asset Value overshadows any other perceived financial deterioration. The vast improvement in Net Asset Value translates to a consistent growth in shareholder wealth and capital. The directors continue making every effort to reduce borrowing costs and succeeded in lowering such costs from R7 million in 2014 to R6,5 million in 2015, a reduction of 7,1%.

Adrenna Property Group Investor Tip

  • There has always been a considerable value proposition on paper for investors who buy Adrenna shares. The best results that investors can capitalise on are a reverse listing of new properties to add critical mass and rental earnings diversity. The live online stock chart has shown a three year history of very strong gains in Adrenna Property share price, but there has been a slight dip since. With the directors not expecting significant growth, purchase of Adrenna Property shares today is a risky prospect.
  • The successfully restructuring of the business should create a better platform for growth, but economic challenges have been forecast to have an effect on future sales volumes and profitability, which will further impact the confidence of investors deciding whether to buy Adcock shares.

Adrenna Property Group Major Shareholders

Diamond Edge Business Opportunities Ltd, Pershing Securities, RP Fertig and J Alcock.
  • Sector

    Financials

  • Industry

    Real Estate

  • Sub industry

    Real Estate Services

How to buy ADRENNA PROPERTY GROUP Shares

  • ADRENNA PROPERTY GROUP : How to buy ADRENNA Shares Online

    We have made it simple to buy JSE listed firm shares online. The easiest way to buy ADRENNA shares or stocks is to; start by submitting the ‘BUY THIS SHARE’ form. Next, one of our experienced and certified stock brokers will personally get in contact with you to discuss your custom stock request. Finally, a stock advisor will confirm the amount of shares you are looking to invest in ADRENNA and assist you with the setup and management of your stock portfolio account.

  • Here are the steps you must follow to Buy / Purchase ADRENNA shares with utmost confidence:

    1. Start by Filling in the BUY THIS SHARE form.
    2. Insert your name, email, telephone number and monthly remuneration.
    3. Then, Indicate the amount you are looking to invest in ADRENNA.
    4. Click the “ INVEST NOW” button
    5. Once we have received your info, a dedicated stock advisor will personally call you back to discuss your personal share request.
    6. Lastly, your newly appointed personal stock advisor will handle all account setups and reporting as stipulated by the financial services board of South Africa (FSB)
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