Veem Ltd (ASX: VEE) Share Price and News
Price
Movement
(20 mins delayed)
52 Week Range
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1 Year Return
Veem Ltd Chart and Price Data
Fundamentals Data provided by Morningstar.
Data provided by Morningstar.
Market Cap
$183.29 million
P/E Ratio
26.46
Dividend Yield
1.13%
Shares Outstanding
135.77 million
Earnings per share
0.051
Dividend per share
0.02
Year To Date Return
25.04%
Earnings Yield
3.78%
Franking
-
Share Price
Day Change
52 Week Range
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Yesterday's Close
Today's Open
Days Range
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Volume
Avg. Volume (1 month)
Turnover
as at 24 Feb 3:44pm
Veem Ltd (ASX: VEE)
Latest News
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Industrials Shares
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Share Market News
Here's why the Veem (ASX:VEE) share price is surging 5% today
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The Veem (ASX:VEE) share price is soaring 14% today. Here's why
Share Market News
Why the Veem (ASX:VEE) share price hit an all-time high today
Dividend Payment History Data provided by Morningstar.
| Ex-Date | Amount | Franking | Type | Payable |
|---|---|---|---|---|
| 05 Sep 2024 | $0.0077 | 0.00% | Final | 20 Sep 2024 |
| 05 Mar 2024 | $0.0077 | 0.00% | Interim | 17 Apr 2024 |
| 05 Sep 2023 | $0.0051 | 0.00% | Final | 20 Sep 2023 |
| 08 Mar 2023 | $0.0040 | 0.00% | Interim | 19 Apr 2023 |
| 06 Sep 2022 | $0.0021 | 0.00% | Final | 21 Sep 2022 |
| 08 Mar 2022 | $0.0007 | 0.00% | Interim | 19 Apr 2022 |
| 06 Sep 2021 | $0.0045 | 0.00% | Final | 21 Sep 2021 |
| 05 Mar 2021 | $0.0043 | 0.00% | Interim | 19 Apr 2021 |
| 11 Sep 2020 | $0.0023 | 0.00% | Final | 25 Sep 2020 |
| 06 Mar 2020 | $0.0021 | 100.00% | Interim | 24 Apr 2020 |
| 12 Sep 2019 | $0.0037 | 100.00% | Final | 27 Sep 2019 |
| 07 Mar 2019 | $0.0015 | 100.00% | Interim | 26 Apr 2019 |
| 06 Sep 2018 | $0.0026 | 100.00% | Final | 28 Sep 2018 |
| 08 Mar 2018 | $0.0038 | 100.00% | Interim | 27 Apr 2018 |
| 06 Sep 2017 | $0.0000 | 100.00% | Final | 21 Sep 2017 |
VEE ASX Announcements
An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.
| Date | Announcement | Price Sensitive? | Time | No. of Pages | File Size |
|---|---|---|---|---|---|
| YesNo |
About Veem Ltd
Veem Ltd is a marine technology company engaged in the production of propulsion and stabilization systems. The company also manufactures bespoke engineered products and services for the marine, defense, and mining industries.
VEE Share Price History Data provided by Morningstar.
| Date | Close | Change | % Change | Volume | Open | High | Low |
|---|---|---|---|---|---|---|---|
| 17 Dec 2024 | $1.35 | $0.02 | 1.50% | 169,357 | $1.32 | $1.35 | $1.32 |
| 16 Dec 2024 | $1.33 | $-0.03 | -2.21% | 71,338 | $1.40 | $1.40 | $1.33 |
| 13 Dec 2024 | $1.36 | $0.01 | 0.74% | 41,475 | $1.35 | $1.40 | $1.35 |
| 12 Dec 2024 | $1.35 | $0.03 | 2.26% | 10,642 | $1.33 | $1.35 | $1.33 |
| 11 Dec 2024 | $1.33 | $-0.01 | -0.75% | 122,764 | $1.35 | $1.35 | $1.32 |
| 10 Dec 2024 | $1.34 | $0.01 | 0.75% | 2,430 | $1.33 | $1.34 | $1.33 |
| 09 Dec 2024 | $1.33 | $0.00 | 0.00% | 38,268 | $1.35 | $1.35 | $1.32 |
| 06 Dec 2024 | $1.33 | $-0.04 | -2.93% | 94,005 | $1.37 | $1.39 | $1.32 |
| 05 Dec 2024 | $1.37 | $-0.02 | -1.44% | 14,935 | $1.38 | $1.39 | $1.37 |
| 04 Dec 2024 | $1.39 | $-0.04 | -2.81% | 42,863 | $1.44 | $1.44 | $1.38 |
| 03 Dec 2024 | $1.43 | $0.02 | 1.42% | 68,787 | $1.41 | $1.45 | $1.40 |
| 02 Dec 2024 | $1.41 | $0.07 | 5.20% | 161,562 | $1.35 | $1.46 | $1.35 |
| 29 Nov 2024 | $1.35 | $-0.05 | -3.58% | 50,075 | $1.40 | $1.40 | $1.33 |
| 28 Nov 2024 | $1.40 | $-0.07 | -4.79% | 54,881 | $1.44 | $1.46 | $1.38 |
| 27 Nov 2024 | $1.46 | $0.00 | 0.00% | 76,822 | $1.49 | $1.49 | $1.42 |
| 26 Nov 2024 | $1.46 | $0.01 | 0.69% | 215,495 | $1.51 | $1.55 | $1.45 |
| 25 Nov 2024 | $1.45 | $0.34 | 30.63% | 254,616 | $1.17 | $1.45 | $1.17 |
| 22 Nov 2024 | $1.11 | $0.04 | 3.72% | 59,518 | $1.07 | $1.14 | $1.05 |
| 21 Nov 2024 | $1.08 | $-0.15 | -12.24% | 181,109 | $1.19 | $1.19 | $1.08 |
| 20 Nov 2024 | $1.23 | $0.01 | 0.82% | 79,335 | $1.24 | $1.24 | $1.19 |
| 19 Nov 2024 | $1.22 | $-0.03 | -2.41% | 162,223 | $1.23 | $1.24 | $1.21 |
Director Transactions Data provided by Morningstar.
| Date | Director | Type | Amount | Value | Notes |
|---|---|---|---|---|---|
| 24 Sep 2024 | Angus Murnaghan | Buy | 25,000 | $33,250 |
On-market trade.
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| 28 Jun 2024 | Angus Murnaghan | Buy | 25,000 | $43,950 |
On-market trade.
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Directors & Management Data provided by Morningstar.
| Name | Title | Start Date | Profile |
|---|---|---|---|
| Mr Peter Patrick Torre | Non-Executive Director | Sep 2016 |
Mr Torre was previously a partner of an internationally affiliated firm of Chartered Accountants. Peter is the Company Secretary of other public companies listed on the ASX, and Australian subsidiaries of overseas listed entities. In addition to his role as Company Secretary, Peter is also Chief Risk Officer of APM Human Services International Limited. In the 3 years immediately before the end of the financial year, Peter has served as a Director of Mineral Commodities Ltd (1 April 2010 to 13 September 2021), Volt Group Limited (28 April 2017 to present) and Connexion Telematics Ltd (2 October 2020 to 17 November 2021).
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| Mr Bradley (Brad) Miocevich | Non-Executive ChairmanNon-Executive Director | Jun 1988 |
Mr Miocevich has the skills suitable for the management of an engineering company. With a focus on strategic planning, he was a member of the team responsible for the acquisition of several companies over the past 25 years including S&S Foundry & Engineering and Timcast Foundry and Engineering. Taking on the role of Director Marine Propulsion in 2000, he has been the driving force in creating VEEM's now international propeller business. Brad provided the vision for VEEM's automated manufacturing processes making VEEM the benchmark of propeller manufacturing worldwide. Brad brings to the Board expertise in finance, manufacturing, engineering and marketing along with practical knowledge of the Company and its markets.
|
| Mr Mark David Miocevich | Managing Director | Jun 1988 |
Mr Miocevich commenced as Production Director from 1983 and until 1995 he was responsible for the implementation of the Quality Assurance systems in 1987, the integration of S&S Foundry & Engineering into the company in 1989, and defining the Company management model based on the Australian Business Excellence framework guideline in 1994. From 1995 until present he has been the Managing Director of VEEM and for a period during that time, the Managing Director of GA Perry and a Director of Thomassen Services Australia. He was responsible for the integration of Timcast Foundry and Engineering into VEEM during 2002. He brings to the Board knowledge of the Company, its systems and strategic plan.
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| Mr Michael (Mike) Robert Bailey | Non-Executive Director | Jul 2018 |
Mr Bailey brings 50 years' experience in areas of naval architecture, marine engineering, and project and company management. He has operated in the defence and offshore oil and gas sectors in Europe, Asia and Australia with multinational and private companies and as a consultant. Mike also held the Business Development role in VEEM Engineering in the 1990's. From 2000 to 2022 Mike was in the establishment and operations of the Australian Marine Complex - Common User Facility. Mike has previously served as a director of AMC Management (WA) Pty Ltd, Facility Manager of the Australian Marine Complex - Common User Facility.
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| Mr Angus Murnaghan | Non-Executive Director | Jun 2024 |
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| Mr David Rich | Company SecretaryHead of Corporate Development | Nov 2019 |
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| Mr Tino Kapfumo | Chief Financial OfficerCompany Secretary | Jul 2024 |
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| Mr Trevor Raman | Chief Executive Officer | Jul 2024 |
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| Trevor Raman | Chief Executive Officer |
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| Tino Kapfumo | Chief Financial OfficerCompany Secretary |
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| David Rich | Company SecretaryHead of Corporate Development |
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Top Shareholders Data provided by Morningstar.
| Name | Shares | Capital |
|---|---|---|
| Veem Corporation Pty Ltd <Miocevich Family A/C> | 68,135,593 | 50.18% |
| HSBC Custody Nominees (Australia) Limited | 23,574,138 | 17.36% |
| Citicorp Nominees Pty Limited | 7,308,092 | 5.38% |
| Ubs Nominees Pty Ltd | 5,184,790 | 3.82% |
| J P Morgan Nominees Australia Pty Limited | 2,404,907 | 1.77% |
| Hgl Investments Pty Ltd | 1,250,000 | 0.92% |
| BNP Paribas Nominees Pty Ltd <Agency Lending A/C> | 1,072,381 | 0.79% |
| H&G High Conviction Limited | 925,000 | 0.68% |
| Merrill Lynch (Australia) Nominees Pty Limited | 836,204 | 0.62% |
| Bnp Paribas Nominees Pty Ltd <Ib Au Noms Retailclient> | 835,180 | 0.62% |
| H&G High Conviction Limited i | 825,000 | 0.61% |
| H&G Investment Management Ltd <H&G Vail Lane Fund A/C> | 800,000 | 0.59% |
| Mrs Stacey Lee Segal | 540,000 | 0.40% |
| Bond Street Custodians Limited <Rsalte V39117 A/C> | 520,000 | 0.38% |
| Velkov Funds Management Pty Ltd <Victor Value Fund A/C> | 510,000 | 0.38% |
| Weewac Pty Ltd <Warrior Super Fund A/C> | 479,000 | 0.35% |
| Bond Street Custodians Limited <Rsalte - V37466 A/C> | 350,000 | 0.26% |
| Acres Holdings Pty Ltd <Noel Edward Kagi Family A/C> | 335,000 | 0.25% |
| Aviato Investments Pty Ltd | 325,000 | 0.24% |
| Redbrook Nominees Pty Ltd | 325,000 | 0.24% |
