Our opinion on the current state of AVENG(AEG)The once-massive construction company, Aveng (AEG), which traded at R69 a share in 2008, was reduced to a penny stock. This sad demise was brought about by a number of factors.
Among these, the reduction in construction spending following the sub-prime crisis has been critical. The government cea
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−1 ZAR
314.58 M ZAR
37.47 B ZAR
105.84 M
About AVENG GROUP LIMITED
Sector
Industry
CEO
Scott V. Cummins
Website
Headquarters
Johannesburg
Founded
1944
ISIN
ZAE000302618
FIGI
BBG000BVS3X5
Aveng Ltd. engages in infrastructure development. The company focuses on originating, developing, structuring and investing in general infrastructure, power and real estate projects. It operates through the following segments: Construction and Engineering: Australasia and Asia, Mining, Construction and Engineering: South Africa, Manufacturing and Processing, and Other. The Construction and Engineering: Australasia and Asia segment is composed of McConnell Dowell- an engineering-led specialist in multidisciplinary contract work. The Mining segment refers to Moolmans, a tier-one contract mining business operating in Africa. The Construction and Engineering: South Africa segment includes Aveng Construction. The Manufacturing and Processing segment is associated with Aveng Manufacturing and Trident Steel. The Other segment is involved in corporate services and the balance of corporate held investments and properties. The company was founded in 1944 and is headquartered in Johannesburg, South Africa.
Our opinion on the current state of AVENG(AEG)The once-massive construction company, Aveng (AEG), which traded at R69 a share in 2008, was reduced to a penny stock. This sad demise was brought about by a number of factors. Among these, the reduction in construction spending following the sub-prime crisis has been critical. The government ceased
Our opinion on the current state of AEGAveng, once a prominent player in the construction sector, experienced a dramatic decline from trading at R69 a share in 2008 to becoming a penny stock. This downturn was driven by several critical factors, including reduced construction spending following the sub-prime crisis, a halt in government
Our opinion on the current state of AEGAveng, once a towering presence in the construction sector, experienced a dramatic decline, transforming from a stock valued at R69 a share in 2008 to a penny stock. This downturn was influenced by several critical factors, including reduced construction spending following the sub-prime crisis and t
Aveng W Formation nearly time for a Breakout at R11.25We see a W Formation, with the price moving and completing the right Double Bottom.
Once we get a breakout to the upside, we could see major upside to R11.25.
Right now and it's a wait and see but the fundamentals look good.
UPDATE:
On February 16, 2024, the company announced an expected 45% i
AVENG Cup and Handle and up it goes to R11.28Cup and Handle has formed on Aveng after a long term downtrend.
The price has broken above the brim level and so momentum is leering up.
Price = 200MA
RSI>50
Target R11.28
ABOUT THE COMPANY
Aveng Group is a diversified infrastructure and engineering company based in South Africa.
Diver
AVENG continues its slow walk to nowhereAVENG is in a long term range bounded area.
It's been coming down for years on a slow and steady declination of a trend.
I've even put the time frame on weekly because daily is just not active.
By the looks of it, the next target could ease down to R4.00 then R3.50.
Not a traders haven choic
Aveng short potential symmetrical triangle - Target R8.08Symmetrical Triangle has formed on Aveng... With the property prices on the way down with the global crash, we can expect the price to drop further... However, as traders we need to wait for a breakdown first, to confirm...
This could very well break up and we could have a Reversal Bull Symmetrical
Aveng Back to recoverySince the Aveng stock split trading view was struggling to display the stock split, happy to see this corrected
What I see
Past 7 years a consistent down trend, with possible reversal now in 2021.
Rounding bottom a great reversal or short term bullish pattern with statistically excellent res
See all ideas
Summarizing what the indicators are suggesting.
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An aggregate view of professional's ratings.
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Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of AEG is 709 ZAC — it has increased by 0.86% in the past 24 hours. Watch AVENG GROUP LIMITED stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on JSE exchange AVENG GROUP LIMITED stocks are traded under the ticker AEG.
AEG stock has risen by 5.74% compared to the previous week, the month change is a 5.90% rise, over the last year AVENG GROUP LIMITED has showed a 17.58% increase.
We've gathered analysts' opinions on AVENG GROUP LIMITED future price: according to them, AEG price has a max estimate of 700.00 ZAC and a min estimate of 700.00 ZAC. Watch AEG chart and read a more detailed AVENG GROUP LIMITED stock forecast: see what analysts think of AVENG GROUP LIMITED and suggest that you do with its stocks.
AEG stock is 3.50% volatile and has beta coefficient of 0.39. Track AVENG GROUP LIMITED stock price on the chart and check out the list of the most volatile stocks — is AVENG GROUP LIMITED there?
Today AVENG GROUP LIMITED has the market capitalization of 901.23 M, it has decreased by −10.31% over the last week.
Yes, you can track AVENG GROUP LIMITED financials in yearly and quarterly reports right on TradingView.
AVENG GROUP LIMITED is going to release the next earnings report on Aug 26, 2025. Keep track of upcoming events with our Earnings Calendar.
AEG net income for the last half-year is −389.87 M ZAR, while the previous report showed 306.80 M ZAR of net income which accounts for −227.07% change. Track more AVENG GROUP LIMITED financial stats to get the full picture.
No, AEG doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. AVENG GROUP LIMITED EBITDA is 721.44 M ZAR, and current EBITDA margin is 3.55%. See more stats in AVENG GROUP LIMITED financial statements.
Like other stocks, AEG shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade AVENG GROUP LIMITED stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So AVENG GROUP LIMITED technincal analysis shows the neutral today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating AVENG GROUP LIMITED stock shows the sell signal. See more of AVENG GROUP LIMITED technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.