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Mazor Group Limited. JSE: MZR

Mazor Group shares

Background of Mazor

  • Mazor Group is a holding company with a portfolio of subsidiaries mainly involved in construction activities and glass beneficiation in South Africa. Based in the Western Cape, Mazor shares were listed on the AltX of the Johannesburg Stock Exchange (JSE) in 2007, and are today available to buy on the Main Board.

  • Mazor is divided into three operational divisions. The Steel division designs, supplies and installs structural steel frames. The Aluminium division designs, manufactures and installs a range of aluminium structures such as doors, windows, facades and balustrades, whilst the Glass division is responsible for sale and manufacture of laminated safety glass and processed glass.

  • Subsidiaries include Mazor Steel, Mazor Aluminium, Mazor Properties, HBS Aluminium, Compass Glass and Compass Glass SA. Mazor mainly services the industrial, construction and infrastructure markets in the Western Cape, but has expanded operations to Gauteng and Durban. Major projects include the Green Point Stadium, Cape Town International Airport expansion, the V&A Waterfront shopping centre and Canal Walk.

  • The group has JSE market cap of R154 million, with Mazor share price struggling due to tough trading conditions.

Mazor Shares Growth Driver

  • The live online stocks chart shows that Mazor share price has been impacted by the volatility of South Africa’s industrial markets and deteriorating global steel and aluminium prices, dropping from a high of R2.40 to R1.41 by August 2016.

  • The Steel and Aluminium divisions were particularly badly affected, resulting in a R39 million loss in the 2015 financial year. The 2016 financial year reflected slightly better trade conditions, with Mazor returning to a R28 million profit. Cost efficiencies and streamlined operations have helped improve the bottom line, while increased activity in the construction sector, particularly in the residential sub-sector, positively impacted on the order book and revenue.

  • The aluminium division contributed the majority of operating profit, as it has throughout Mazor’s history, with particularly good performance from manufacturing operations and solid results from HBS. Both top and bottom line growth, along with continually improving margins, are expected for the future. The Steel division had a marginal operating profit due to continued pricing pressure and oversupply, whilst the Glass division suffered a loss, although results are steadily improving year-on-year. The division is expected to benefit from streamlined plants, and decisions to buy into a product-focused strategy and optimised efficiencies.

Mazor Investor Tip

  • Mazor’s return to profitability indicates that the group is once again on the rise, and there is a forecast for substantially stronger performance in the future, as the Steel and Aluminium industries start becoming buoyant.

  • The group has secured a number of major projects, and increased activity in the residential sector should herald a sustainable upturn in construction and drive margins (as well as Mazor share price) up. Investors will still be cautious to buy Mazor shares, but the group should be able to deliver good earnings in the long term.

Mazor Major Shareholders

Zomar, The Ati Trust, Cloudberry Investments 18, Yonbor Nominees, S Mazor, DJ Mazor, Mazor Aluminium.

  • Sector

    Materials

  • Industry

    Construction Materials

  • Sub industry

    Non Wood Building Materials

How to buy Mazor Group Shares

  • Mazor : How to buy Mazor Group Shares Online

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

  • Here are the steps you must follow to Buy / Purchase Mazor 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 Mazor 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)
  • Buy Shares with Confidence

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<a href="https://www.sashares.co.za/mazor-shares">Credits: SA Shares™</a>
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