Last 284.00
Change Today -11.00 / -3.73%
Volume 31.8K
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As of 11:00 AM 09/22/14 All times are local (Market data is delayed by at least 15 minutes).

poynting holdings ltd (POY) Snapshot

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04/10/14 - $575.00
52 Week Low
11/21/13 - $115.00
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poynting holdings ltd (POY) Details

Poynting Holdings Limited designs, manufactures, supplies, and retails antennas and telecommunication products to the cellular, wireless data, and defense markets in South Africa and internationally. It operates through four divisions: Commercial, Defence, Cellular Coverage Solutions, and New Business. The Commercial division offers a range of communication products through distributors. The Defence division focuses on the electronic warfare market, which comprises monitoring, jamming, and direction-finding antennas. This division sells its products to military system integrators and specialized distribution partners. The Cellular Coverage Solutions division provides base station solutions to cellular networks; and installs antennas and equipment to end users of wireless telecom services. The New Business division includes starting new organic businesses and acquisition of related businesses. The company serves retail and trade customers primarily through an online shop, as well as through branches. It exports its products primarily to Europe, the United States, the Middle East, and Asia. Poynting Holdings Limited was founded in 1990 and is based in Johannesburg, South Africa.

Founded in 1990

poynting holdings ltd (POY) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: R1.6M
Managing Director and Director
Total Annual Compensation: R1.6M
Chief Technical Officer
Total Annual Compensation: R1.2M
Executive Officer
Total Annual Compensation: R1.1M
Compensation as of Fiscal Year 2013.

poynting holdings ltd (POY) Key Developments

Poynting Holdings Limited Announces Management Changes

Poynting Holdings Limited announced the expansion and strengthening of its executive management team, which will aid in the execution of the Company's strategy, as it improves its operational performance and brings new acquisitions into the Group. John von Gottberg joined Poynting on 1 July 2014 as Chief Financial Officer ("CFO") of the Group and has been appointed Financial Director of Poynting, effective 10 September 2014. John began his career as an aeronautical engineer, working in South Africa and abroad, before choosing finance as his career path and subsequently qualifying as a chartered accountant in 2000. The company reported that the outgoing Financial Director, Johan Ebersohn, will stay within the Group. Johan will bear new responsibilities and continue to add value as he has done during his time to date with Poynting. Dries Mellet, currently a non-executive director, joins Poynting full time, effective 10 September 2014. Dries will become an executive director and will be acting in the role of COO for the next 6 to 12 months.

Poynting Holdings Limited Provides Earnings Guidance for the Year Ended June 30, 2014

Poynting Holdings Limited announced that a review of the financial results for the year ended June 30, 2014 by management has indicated that the earnings per share and the headline earnings per share are expected to be at least 50% lower compared to the earnings per share and the headline earnings per share of 10.48 cents for the year ended 30 June 2013.

Poynting Holdings Limited to Report Fiscal Year 2014 Results on Sep 12, 2014

Poynting Holdings Limited announced that they will report fiscal year 2014 results on Sep 12, 2014


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