African Media Entertainment Limited (AME) is a South African broadcasting company, with a particular emphasis on radio broadcasting. AME shares are up for sale in the Media and Entertainment section of the Johannesburg Stock Exchange, (JSE), and are proving to be an increasingly popular buy. The company’s portfolio includes popular radio stations such as Algoa FM and OFM (and their online sites), as well as specialist radio sales house United Stations and radio solutions company RadioHeads, which specialises in creative strategy, media buying and planning, copywriting and editing. Other subsidiaries include AME Properties and Umoya Communications.

AME’s success lies in supporting and developing entrepreneurial and energetic brands, a relatively simple business model that focuses on providing exciting and informative radio and highly professional services to enhance the standard of broadcasting in South Africa. Not one of the biggest players in the South African media trade, AME is nevertheless a steadily growing company which has been touted as ‘one to watch’ on the JSE. In addition to providing high quality local programming for listeners, AME promises good buying preferences for advertisers and constantly strives towards creating financial wellness for shareholders. The company’s growth and reliability have come hand-in-hand with a rising AME share price.

AME’s subsidiaries have registered good performance through innovative sales initiatives and stringent cost control measures, with listenership, bottom line earnings and media clients all on the rise.

Despite tough economic circumstances, AME has recorded good profit increases, and good growth in AME share price. Algoa FM has had particularly good revenue and listener growth, with cost containment enhancing profitability. Indicative of AME’s success, the radio station has netted four MTN Radio Awards. OFM is also delivering stable results, also stemming from the creation of innovative programming at controlled costs.

In the face of the economic downturn, AME increasingly seeks to buy into synergies between media brands and high margin alternative revenue streams. In this regard, several web development contracts were secured. RadioHeads is generating after-tax profits by retaining key clients, whilst United Stations contracted new clients, increasing their footprint to all major target markets in the country, encompassing 7 million listeners. Additional investment in staff, an increase in research and good
marketing have put United Stations in a good position to remain competitive in a demanding marketplace.

Despite being a far smaller company with a shorter history than media giants such as Naspers, AME shares are currently considered as a hidden gem of a buy on the JSE, proven by impressive financial data and a rising AME share price. Growing net profits have been a sign of sound, prudent management in a tortuous trading period for media businesses.

The R105 million of cash resources left over from 2015 should ensure generous dividends payouts in the event of profits taking a dip, but experts forecast that profits are most likely to rise. By all accounts, AME shares are a hot purchase.

Communications

Media

Publishing & Broadcasting

We have made it simple to buy JSE listed firm shares online. The easiest way to buy AME shares or stocks is to; start by submitting the ‘BUY THIS SHARE’ form. Next, one of our experienced and certified stock brokers will personally get in contact with you to discuss your custom stock request. Finally, a stock advisor will confirm the amount of shares you are looking to invest in AME and assist you with the setup and management of your stock portfolio account.

1. Start by Filling in the BUY THIS SHARE form.
2. Insert your name, email, telephone number and monthly remuneration.
3. Then, Indicate the amount you are looking to invest in AME.
4. Click the “ INVEST NOW” button
5. Once we have received your info, a dedicated stock advisor will personally call you back to discuss your personal share request.
6. Lastly, your newly appointed personal stock advisor will handle all account setups and reporting as stipulated by the financial services board of South Africa (FSB)

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