Jongisa Magagula - African Rainbow Executive

AFBOFDelisted Stock  USD 12.20  0.00  0.00%   

Executive

Jongisa Magagula is Corporate Development and Head of Investor Relations of African Rainbow Minerals
Age 41
Phone27 11 779 1300
Webhttps://arm.co.za

African Rainbow Management Efficiency

The company has return on total asset (ROA) of 0.091 % which means that it generated a profit of $0.091 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.3052 %, meaning that it generated $0.3052 on every $100 dollars invested by stockholders. African Rainbow's management efficiency ratios could be used to measure how well African Rainbow manages its routine affairs as well as how well it operates its assets and liabilities.
African Rainbow Minerals has accumulated 484 M in total debt with debt to equity ratio (D/E) of 0.01, which may suggest the company is not taking enough advantage from borrowing. African Rainbow Minerals has a current ratio of 6.14, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist African Rainbow until it has trouble settling it off, either with new capital or with free cash flow. So, African Rainbow's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like African Rainbow Minerals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for African to invest in growth at high rates of return. When we think about African Rainbow's use of debt, we should always consider it together with cash and equity.

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African Rainbow Minerals Limited, through its subsidiaries, operates as a diversified mining and minerals company in South Africa and Malaysia. The company was founded in 1933 and is based in Sandton, South Africa. African Rainbow is traded on OTC Exchange in the United States. African Rainbow Minerals [AFBOF] is a Pink Sheet which is traded between brokers over the counter.

Management Performance

African Rainbow Minerals Leadership Team

Elected by the shareholders, the African Rainbow's board of directors comprises two types of representatives: African Rainbow inside directors who are chosen from within the company, and outside directors, selected externally and held independent of African. The board's role is to monitor African Rainbow's management team and ensure that shareholders' interests are well served. African Rainbow's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, African Rainbow's outside directors are responsible for providing unbiased perspectives on the board's policies.
LLB BA, Ex Chairman
H Mkatshana, Ex Director
Mitesh Takoordeen, Chief Officer
Michael Eng, CEO Director
Andr Joubert, Chief Ferrous
Jongisa Magagula, Corporate Development and Head of Investor Relations
Lucas Moalusi, Group Legal
Tsundzukani CA, Fin Director
Princess Thwala, Group Executive - Compliance and Stakeholder Relations
Phillip BSc, Chief Officer

African Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is African Rainbow a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Other Consideration for investing in African Pink Sheet

If you are still planning to invest in African Rainbow Minerals check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the African Rainbow's history and understand the potential risks before investing.
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