Murray & Roberts Holdings Limited. JSE: MUR

Murray & Roberts shares

Background of Murray & Roberts

  • Murray & Roberts Holdings is a South African investment holding company with a long history of expertise within the construction, engineering, underground mining and oil and gas industries. The company itself does not trade, with all activities carried out through various subsidiaries, associates and joint ventures.

  • With a proud heritage of more than a century, Murray & Roberts is today recognised as a multinational project lifecycle group with offices in Mozambique, Zambia, Ghana, the United States, Canada, Australia, South Korea and Scotland. Headquartered in Johannesburg, Murray & Roberts shares are listed on the Johannesburg Stock Exchange (JSE), with a market cap of more than R5.5 billion.

  • The group is structured into four main divisions, namely Oil & Gas, Underground Mining, Power & Water and Infrastructure & Building. Group revenue stood at R26 billion for the year ended 30 June 2016.

Murray & Roberts Shares Growth Driver

  • The group’s financial data has suffered recently due to deteriorating conditions within South Africa’s industrial sector, with Murray & Roberts share price registering a steady dip on the live online stocks chart. Data for the financial year ended 31 June 2016 illustrated a R790 million profit, down from R894 million the previous year. The most material factor affecting profitability has been significant decline in earnings from Oil & Gas, due to drops in the oil price. The group secured very few new contracts in international capital projects, and is reducing revenue and being forced to buy into business optimisation initiatives.

  • The Underground Mining platform was also impacted by weak commodity prices, and it has been challenging to secure projects as mining companies cut spending, but the platform has been resilient, increasing operating profits by R95 million

  • The Power & Water platform underwent extensive restructuring after substantial losses on several projects, resulting in a R27 million operating profit compared to losses of R152 million the previous year. It is forecast that opportunities provided by the renewable energy sector should provide a good basis for growth. Meanwhile, the group will no longer buy into the Infrastructure & Building sector, announcing that it is exiting this platform due to continuing losses in a difficult trade environment.

Murray & Roberts Group Investor Tip

  • Murray & Roberts anticipates that tough economic conditions will persist in the near-term, with a decline in operational earnings expected for the 2017 financial year. All of the group’s operations will focus on cost reduction and operational excellence to
    protect margins during this difficult period. The board is also implementing a New Strategic Future plan to weather the cyclical nature of natural resource markets and position the group for an upturn. Investors who buy Murray & Roberts shares have seen losses in recent years, with the live online stocks chart showing Murray & Roberts share price dropping from R26.4 in 2012 to R12.55 in September 2016. Murray & Roberts shares are potentially a bargain buy for investors who are willing to wait at least a few years for improvements.

Murray & Roberts Major Shareholders

Allan Gray, Government Employees Pension Fund, Coronation Asset Management, Public Investment Corporation.

  • Sector

    Industrials

  • Industry

    Engineering & Construction Svcs

  • Sub industry

    Infrastructure Construction

How to buy Murray & Roberts Group Shares

  • Murray & Roberts : How to buy Murray & Roberts Group Shares Online

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

  • Here are the steps you must follow to Buy / Purchase Murray & Roberts 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 Murray & Roberts 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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<a href="https://www.sashares.co.za/murray-roberts-shares">Credits: SA Shares™</a>
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