Good morning, let’s get into it!
I hope you’re ready for July’s BSE Heavyweight Champion, because unlike June, where one company dominates all the stats, this time there will be slim victories because the opponents are equal!
Choppies CEO & Executive Director recently bought P93k worth of stock
On the 23rd of June, Ramachandran Ottapathu bought around 62k shares on-market at roughly P1.50 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade.
In the last 3 months, they made an even bigger purchase worth P204k.
Ramachandran has been a buyer over the last 12 months, purchasing a net total of P15m worth in shares.
BTCL Final dividend of P0.011 announced
Shareholders will receive a dividend of P0.011.
Ex-date: 22nd July 2026
Payment date: 5th August 2026
Dividend yield will be 4.3%, which is lower than the industry average of 4.7%.
Sustainability & Growth
Dividend is covered by earnings (70% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend.
The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time.
The company's earnings per share (EPS) would need to decline by 23% to shift the payout ratio to a potentially unsustainable range, which is more than the 3.8% EPS decline seen over the last 5 years.
The Triple-Digit Outperformer
Choppies Enterprises (CHOP-EQO): +130.8% (Last Price: P1.50) | In a league of its own, Choppies recorded an extraordinary triple-digit recovery over the 1-year period, pacing the entire board.
Double-Digit Gainers
Botswana Telecommunications (BTCL-EQO): +32.7% (Last Price: P1.46) | Securing a strong second place, BTCL gave investors an impressive double-digit return.
Primetime Property Holdings (PTPH-EQU): +18.0% (Last Price: P1.90) | Leading the listed real estate sector gains on this list.
Sechaba Brewery Holdings (SECH-EQO): +12.1% (Last Price: P39.00) | Maintained a premium share price while delivering strong double-digit growth.
Single-Digit Positive Returns
First National Bank of Botswana (FNBB-EQO): +7.5% (Last Price: P5.70)
RDC Properties (RDCP-EQU): +7.1% (Last Price: P2.57)
Absa Bank Botswana (ABBL-EQO): +7.0% (Last Price: P7.65)
CA Sales Holdings (CAS-EQO): +6.8% (Last Price: P14.15)
Sefalana Holding (SEF-EQO): +6.7% (Last Price: P16.00)
Chobe Holdings (CHOB-EQO): +6.3% (Last Price: P18.65)
Olympia Capital (OCCL-EQO): +3.7% (Last Price: P0.28)
Botswana Insurance Holdings Limited (BIHL-EQO): +3.2% (Last Price: P23.75)
Standard Chartered Bank Botswana (SCBB-EQO): +1.2% (Last Price: P8.76)
New African Properties (NAP-EQU): +0.5% (Last Price: P4.06)
Flat Market Performance (0% Change)
A significant cluster of companies remained entirely unchanged on a year-on-year basis, holding their ground but offering flat capital appreciation:
Engen Botswana (ENG-EQO): P14.25
Access Bank Botswana (ACC-EQO): P2.04
Seed Co International (SEED-EQO): P3.50
Far Property Company (FPC-EQU): P1.80
Letlole La Rona (LLR-EQU): P3.05
BBS Bank (BBS-EQO): P0.70
Shumba Energy (SHUM-EQO): P0.90
Minergy (MIN-EQO): P0.40
Negative Yearly Returns
On the other end of the spectrum, several counters faced downward pressure, with retail financial services suffering some of the steepest pullbacks:
Cresta Marakanelo (CRE-EQO): -8.6% (Last Price: P1.17)
Turnstar Holdings (TURN-EQU): -8.8% (Last Price: P2.06)
G4S Botswana (G4S-EQO): -9.0% (Last Price: P0.91)
Letshego Africa Holdings (LETS-EQO): -19.0% (Last Price: P0.85) | Dealt the largest blow on the board, losing nearly a fifth of its market value over the 1-year timeline.
Market Note: Despite varied movements over the 1-year window, short-term momentum was entirely frozen at the time of capture, with a 0% 7-day return across every single tracked equity on the list.
Source: simplywallst
