Redefine Properties Ltd (JSE:RDF)
R 4.28 -0.02 (-0.47%) Market Cap: 28.90 Bil Enterprise Value: 71.76 Bil PE Ratio: 16.65 PB Ratio: 0.55 GF Score: 65/100

Half Year 2021 Redefine Properties Ltd Earnings Call Transcript

May 17, 2021 / 10:30AM GMT
Release Date Price: R4.17 (-4.36%)
Andrew Joseph Konig
Redefine Properties Limited - CEO & Executive Director

Good afternoon, everybody. Welcome to Redefine's Group Interim Results for the Half Year Ended 28 February 2021. I hope you are all well. Today, I'm going to be joined in presenting to you by Leon Kok, who's our Chief Operating Officer; as well as Ntobeko Nyawo, who is our Chief Financial Officer, and we did celebrate last week Ntobeko's 100th day with Redefine. So please be kind to him in your questions at the end.

Okay. Just in terms of focusing on what matters most. When we go through the presentation this afternoon, there will be a number of emerging themes that we want to bring across, and I hope we do so. And I'll just touch on a few in terms of growing reputation, you will note, I'm sure, from the share price, which we know still got a way to go in terms of the discount to NAV relative to our peers. We have improved stakeholder confidence. ESG is an ongoing journey for us, where we are embedding ESG into all aspects of what we do, and we have committed to tangible sustainability targets as well.

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