Ominvest


NameOminvest
SectorFinance & Insurance - Holdings & Other investment co
TradingMSM
RIC CodeOMAN.OM
LocationOMAN


Profile and Background

Oman International Development & Investment Company (Ominvest) was established in 1983 and has developed into the leading investment house based in Oman. The company has a paid-up capital of RO 15 million ($39 million) and shareholders' equity was RO 32.

2 million ($84 million). The consolidated financial statements (including banking subsidiary) reported a 20 per cent rise in total income in 1999 to RO 28.9 million ($75 million). The increase in income was principally due to realization of profits and income amounting to RO 4.

4 million ($11.5 million) from overseas venture capital and marketable investments. Ominvest chairman, Taya Bin Jandal Bin Ali, said that US and Japanese markets were key elements of the rise in performance of overseas investments in the year and were expected to continue to contribute to the company's profits in 2000.

Profit attributable to Ominvest shareholders increased by 168 per cent to RO 4.16 million ($10.8 million) and in view of better earnings, the cash dividend was increased to 20 per cent of paid-up capital, twice the 1998 level.

These profits were achieved after a charge of RO 1.445 million ($3.8 million) towards provision for permanent impairment in values of certain long-term investments. On a prudent basis, total provision for investments now amounts to RO 2.

8 million ($7.3 million), substantially covering potential investment losses.Ominvest's banking subsidiary, Oman Arab Bank, in which the company has an equity stake of 50.99 per cent, earned a profit of RO 6.

3 million ($16.4 million). The bank's 49 per cent equity is owned by Arab Bank, Jordan.Ominvest's associates, comprising holdings in Al-Ahlia Holding Company, Muscat Finance Company, Oman Leasing Company, National Biscuit Industries and National Detergent Company.


Shareholding Groups

IndividualsN/A
Institutions 25%
FloatingN/A
GovernmentN/A

Stock Performance

Ominvest Stock Performance



Market Information

StockOman Index
Last ClosingRO 0.51832.4
YTD % 2.53% 0%
Weekly % -0.645% 6.57%
Year HighRO 0.81909.5
Year LowRO 0.421555
52 Week HighRO 0.682951.18
52 Week LowRO 0.481734.99
BETA1.0844
Outstanding Shares150,000,000
Market CapRO 75,000,000
Market Cap in $USD $194,805,195
% of Oman Market1.56%
% of Sector3.15%
Rank by Cap12

Key Figures in '000 RO

200420032002
Total Assets440,676391,506383,190
Shareholder's Equity38,03036,39333,886
NIAT7,6377,0074,539
Dividends6,0004,5003,000

Financial Ratios

200420032002
Assets Growth12.56%2.17%12.36%
Earning Growth8.99%54.38%244.19%
ROaA1.84%1.81%1.25%
ROaE20.52%19.94%13.71%
No. Of Shares15,000,00015,000,00015,000,000
EPS0.510.470.30
EPS Growth8.99%54.38%244.19%
Payout Ratio78.56564.22166.097

Valuation Ratios

Trailing
PE
PB
DVPS
Div Yield
EV
EV/Equity




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