Wilderness Holdings Limited. JSE: WIL

WBHO shares

Background of WBHO

  • Wilson Bayly Holmes-Ovcon (WBHO) is a construction company based in South Africa with a history stretching back to the establishment of the Wilson-Holmes company in 1970. Through a number of mergers and buy outs of other companies, the business became Wilson Bayly Holmes and then WBHO Construction in 1994.

  • Today, WBHO is one of southern Africa’s largest construction companies, with offices located in Sandton, Durban, Cape Town, Port Elizabeth and East London. Activities are dividied into three main operating divisions, namely Building Construction, Civil Engineering and Roads and Earthworks. The group’s vast project portfolio includes flagships such as the Mall of Africa, Kusile Power Station, the Sandton Rapid Transport System, King Shaka International Airport, the Moses Mabhida Stadium and Cape Town Stadium. The group also has an Australian subsidiary, Probuild Constructions.

  • WBHO shares are available to buy on the Johannesburg Stock Exchange (JSE) where the group has a market cap of around R10 billion.

WBHO Shares Growth Driver

  • In addition to being a market leader in the spheres of construction, civil engineering and roads and earthworks, WBHO aims to buy into other operations which further diversify revenue streams in order to provide a stable earnings platform. These include private public partnerships, turnkey projects, concession arrangements, construction materials and property investments. The group has also established a wide international footprint, with a presence in 12 African countries and Australia.

  • The group’s performance was been impacted by extremely challenging conditions within South Africa’s construction sector. This saw shareholders putting WBHO shares up for sale and resulted in a sharply declining WBHO share price.

  • After several years of restructuring, lowered capital expenditure and declining profits, WBHO has started to chart profit growth once more, as markets in South Africa and Africa begin to strengthen. The group’s 2016 financial data highlighted an increase in operating profit from R768 million to just over R1 billion, with shareholders receiving good dividends increases. High levels of building activity in Africa kept the group profitable, but were offset by higher exposure to weak civil engineering markets and limited public infrastructure spending in South Africa. Lower levels of mining activity have also impacted growth in these regions. This has caused the group to focus more on Australian operations, which now comprise 59% of revenue. Despite this, the three geographies of South Africa, Rest of Africa and Australia all contribute evenly to profits, illustrating the low-margin characteristic of Australian operations and strong profitability in the Rest of Africa.

WBHO Group Investor Tip

  • WBHO share price has risen considerably on the live online JSE stocks chart over the past few months, with WBHO shares becoming a popular buy once again after many shareholders lost faith in the shares and put them up for sale. The company’s increasing exposure to Australia is a positive move and should continue to buoy investor confidence to buy the shares. Investment analysts have forecast that WBHO shares will outperform the market.

WBHO Major Shareholders

Public Investment Corporation, Akani Investment Holdings

  • Sector

    Industrials

  • Industry

    Capital Goods

  • Sub industry

    Construction & Materials

How to buy WBHO Group Shares

  • WBHO : How to buy WBHO Group Shares Online

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

  • Here are the steps you must follow to Buy / Purchase WBHO 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 WBHO.
    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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