Register | Forgot password?
Switch to Arabic
Monday, November 30 - 2009

Al-Sharqiya Investment Holding

Name Al-Sharqiya Investment Holding
Sector Finance & Insurance - Brokers and asset management firms
Trading MSM
RIC Code SINV.OM
Location OMAN

Profile and Background

Al-Sharqiya Investment Holding Company was established in the autumn of 1997 by 134 local investors to promote projects in Al-Sharqiya governorate. It raised 40 per cent of its start-up equity in a public subscription running from 27 September-26 October.

The company has issued capital of RO 6 million ($15.6 million) in the form of 6 million fully paid-up RO 1 ($2.60) shares. A total of 2.4 million shares were floated. The issue was open only to Omani and GCC investors.

The company's articles of association have since been amended to allow non-GCC citizens to own up to 49 per cent of the company in line with the sultanate's investment laws, but as of 8 April 1999 just 0.

5 per cent of capital was owned by foreigners. GCC citizens held 2.3 per cent and the remainder was held by Omani nationals. The company's shares were listed on the MSM on 29 September 1998. Figures for the first 16 months show that the company recorded a net profit after tax of almost RO 750,000 ($1.

95 million). The balance sheet expanded to more than RO 7 million ($18.2 million). Based on the share price at the end of 1999, this gave them a price-earnings multiple of 7.

Shareholding Groups

Individuals N/A
Institutions N/A
Floating N/A
Government N/A

Stock Performance

Al-Sharqiya Investment Holding Stock Performance

Market Information

Stock Oman Index
Last Closing RO 2.35 1899.9
YTD % -16.67% 35.4%
Weekly % -6% -0.08%
Year High RO 3.33 1926.21
Year Low RO 2.25 1398.3
52 Week High RO 3.33 1926.21
52 Week Low RO 2.25 1282.11
BETA 2.7033
Outstanding Shares 6,000,000
Market Cap RO 14,100,000
Market Cap in $ USD $36,623,377
% of Oman Market 0.44%
% of Sector 0.73%
Rank by Cap 39

Key Figures in '000 RO

2002 2001 2000
Total Assets 22,925 21,313 8,790
Shareholder's Equity 5,589 6,234 6,508
NIAT 828 -218 194
Dividends N/A N/A 300

Financial Ratios

2002 2001 2000
Assets Growth 7.56% 142.48% 20.90%
Earning Growth 0.00% 0.00% 0.00%
ROaA 3.75% -1.45% 2.41%
ROaE 14.01% -3.42% 3.10%
No. Of Shares 6,000,000 6,000,000 6,000,000
EPS 0.14 -0.04 0.03
EPS Growth 0.00% 0.00% 0.00%
Payout Ratio N/A N/A 154.935

Valuation Ratios

Trailing
PE 17.02
PB 2.52
DVPS N/A
Div Yield N/A
EV 9,000.00
EV/Equity 1.61
Powered by SHUAA Capital

The information is this section is provided by SHUAA Capital PSC. The information contained in this section is not intended to be an offer, a recommendation, or a solicitation to buy or sell securities or investment products.

The information and opinions contained in this section have been compiled from, or arrived at in good faith, from sources believed to be reliable but no guarantee or warranty is made by SHUAA Capital or AMEinfo.com as to the accuracy or completeness of the information contained herein.

All opinions expressed herein are subject to change without notice.

Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC.

© SHUAA Capital PSC. All rights reserved.