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OneLogix Group Limited. JSE: OLG

Onelogix shares

Background of OneLogix

  • OneLogix Group Limited is a niche logistics company offering a range of specialised services to markets in Southern and East Africa. Services are categorised in three segments, namely Abnormal Logistics (66% revenue contribution), Primary Product Logistics (26%) and Logistics Services (8%). The group’s portfolio of operating brands include OneLogix Vehicle Delivery Services, OneLogix Projex, OneLogix United Bulk, OneLogix Linehaul, Jackson, Buffelshoek, Madison, Atlas 360, OneLogix Cargo Solutions, OSA and DriveRisk.

  • OneLogix shares were listed on the AltX of the Johannesburg Stock Exchange (JSE) in 2004. In 2011, the company was named the top-performing AltX company, before shares were transferred to the Transportation Services sector of the JSE Main Board in 2013. Today, the group employs around 2 200 people and has a footprint extending throughout South Africa and neighbouring countries, with logistics capability reaching eight African countries.

  • The group had annual revenue of R1.37 billion in 2015 and has a market cap of R884 million. The live online stocks chart shows that OneLogix share price has fallen off significantly from the highs it had previously experienced.

OneLogix Shares Growth Driver

  • OneLogix is a niche player in the logistics industry, and strategic positioning in high-growth niche markets has helped to secure dominance. Despite extremely difficult trade conditions, the group managed to sustain its long history of growth in the 2016 financial year. Operating profit grew by 179% to R135 million, although overall profit was less than in 2015 due to R144 million earnings from discontinued operations put up for sale in that year.

  • The Abnormal Logistics segment experienced mixed fortunes and traded down due to increasingly competitive markets. The segment however benefited from the completion and integration of the R90 million OneLogix Logistics Hub in KwaZulu-Natal. OneLogix Projex boosted profitability through effective margin management, despite declining cargo volumes. A recent merger with Madison has been earmarked to increase efficiencies.

  • The Primary Product Logistics segment had a better performance, taking advantage of recent capital investment in fleet and successfully integrating the purchase of bulk liquid logistics companies Vision and Cryogas. Agricultural product logistics brand Jackson contributed to earnings for the first time since OneLogix decided to buy the company.

  • Overall, the group invested more than R320 million in operational infrastructure including fleet, property and IT-related assets. Net finance costs doubled to R48,1 million due to this and acquisitional activity.

OneLogix Group Investor Tip

  • OneLogix share price has experienced a significant dip from R6.39 at the beginning of 2015 to R3.05 by September 2016, as struggles in South Africa’s industrial sector continue. The group has forecast that trading conditions will remain difficult for the foreseeable future, which isn’t a promising sign for investors looking to buy OneLogix shares. The board has said that it will act cautiously and focus on extracting maximum efficiencies from existing businesses to protect and grow market share. OneLogix’s businesses are all led by experienced management teams who should be able to chart a profitable course through difficult waters and protect the investments of those who choose to buy OneLogix shares.

OneLogix Major Shareholders

Kagiso Capital, OLG Esizayo.

  • Sector

    Industrials

  • Industry

    Transportation & Logistics

  • Sub industry

    Logistics Services

How to buy OneLogix Group Shares

  • OneLogix : How to buy OneLogix Group Shares Online

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

  • Here are the steps you must follow to Buy / Purchase OneLogix 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 OneLogix 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/onelogix-shares">Credits: SA Shares™</a>
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