CALGRO M3 Holdings Limited. JSE: CGR

Calgro M3 shares

Background of Calgro M3

  • Calgro M3 Holdings is a mixed-use housing development group which was formed in South Africa in 2001. By 2002 the group had already built its first 1 000 houses for sale to the affordable market, and had started to buy into the mid to high income market. Calgro M3 shares were subsequently listed on the AltX of the Johannesburg Stock Exchange (JSE) in 2007.

  • The group’s first integrated residential project took place in Pennyville, Johannesburg in 2008, with 2800 units being developed. After involvement in a number of other important housing projects in Gauteng, the group began expanding outside the province, opening an office in the Western Cape in 2011. The following year, the company listed on the main board of the JSE.

  • Calgro M3 is currently involved in multi-million rand projects in Gauteng, the Free State and Western Cape, and expanded into Namibia in 2014 after securing the R 798 million Otjomuise project in Windhoek. Calgro M3’s business model includes land acquisition, town planning, architecture, management of civil infrastructure, services installation, marketing and construction of homes. Today, the group mainly focuses on the lower end of the market.

  • Calgro M3 has also recently expanded into the development of memorial parks, which are forecast to start making returns on investment by 2017. Calgro M3 shares boast a history of exceptional performance for those who buy them. From 2012 to 2016, Calgro M3 share price recorded an average yearly gain of 45%. The group’s market cap is R3.1 billion.

Calgro M3 Shares Growth Driver

  • Calgro M3 aims to play a leading role in the delivery of housing, in line with government’s targets to eradicate informal settlements. The group adopts a turnkey approach which covers all aspects of planning, developing and constructing, meaning that dependence on outside parties is reduced. This enables the group to offer a well-priced, quality product, and gives the flexibility to control pace of development.

  • The group was impacted by the controversial restructuring of South Africa’s finance department at the end of 2015, which resulted in a slowdown of construction activity. This forced the group to buy into the private sector. Calgro also decided to purchase an equity stake held by a partner in the successful Fleurhof development, in order to manage risks associated with starting new projects in uncertain times.

  • Calgro M3 has secured a number of important projects and is capitalising on a massive need for integrated housing developments in South Africa. A look at the group’s financial data reveals huge success, with after-tax profits rising from R 145 million in 2015 to more than R 193 million in 2016. The group currently has a strong pipeline of work which amounts to R27 billion.

Calgro M3 Group Investor Tip

  • Calgro M3 has managed to record outstanding performance in what has been a subdued operating environment for the construction industry. The expansion into memorial parks will also diversify the company’s revenue streams and contribute to overall profits. The live online stocks chart shows that Calgro M3 share price has climbed rapidly over the past year, and more growth is anticipated, making Calgro M3 shares a promising buy.

Calgro M3 Major Shareholders

LLC Pershing, BPM Familie Trust, Snowball Wealth, DNS Trust, FJS Trust, Willem Lategan.

  • Sector

    Consumer Discretionary

  • Industry

    Home & Office Products

  • Sub industry

    Homebuilders

How to buy Calgro M3 Group Shares

  • Calgro M3 : How to buy Calgro M3 Group Shares Online

    We have made it simple to buy JSE listed firm shares online. The easiest way to buy Calgro M3 Group 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 Calgro M3 Group and assist you with the setup and management of your stock portfolio account.

  • Here are the steps you must follow to Buy / Purchase Calgro M3 Group 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 Calgro M3 Group.
    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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