Veem Ltd (ASX: VEE) Share Price and News

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Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $117.40 million
P/E Ratio 18.66
Dividend Yield 1.61%
Shares Outstanding 135.72 million
Earnings per share 0.020
Dividend per share 0.01
Year To Date Return 58.02%
Earnings Yield 5.36%
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as at 24 Feb 3:44pm

  • Veem Ltd (ASX: VEE)
    Latest News

    Businessman puts hand over eyes on a sinking boat in ocean
    Earnings Results

    Double-digit losses: Veem (ASX:VEE) share price sinks 14% following first-half results

    The marine technology specialist's shares are under water today...

    Read more »

    A woman wearing a hard hat and holding a device stands in front of a brick wall with a big smile on her face.
    Industrials Shares

    Veem (ASX:VEE) share price leaps 7% on upbeat sales data

    The company's shares are in the green on Thursday.

    Read more »

    submarine, defence contract, navy, naval,
    Industrials Shares

    Why the VEEM (ASX:VEE) share price just shot 15% to an all-time high

    A government contract has spurred the marine tech company to new heights.

    Read more »

    A young woman sitting atop a superyacht spreads her arms in joy, indictaing a share price rise for marine companies
    Share Market News

    Here's why the Veem (ASX:VEE) share price is surging 5% today

    The Veem (ASX: VEE) share price is up 5.8% today after the company provided a gyro sales update. Here's the…

    Read more »

    rising ASX Telstra share price represented by man jumping in the air for joy looking at mobile phone
    Share Market News

    The Veem (ASX:VEE) share price is soaring 14% today. Here's why

    The Veem (ASX:VEE) share price is soaring 14% today. We take a look at the latest results driving the shares…

    Read more »

    three building blocks with smiley faces, indicating a rise in the ASX share price
    Share Market News

    Why the Veem (ASX:VEE) share price hit an all-time high today

    The Veem Ltd (ASX: VEE) share price hit an all-time high in afternoon trade following a positive sales update. Here's…

    Read more »

    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    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.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile 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.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    29 Nov 2023 $0.87 $0.01 1.16% 101,965 $0.86 $0.91 $0.85
    28 Nov 2023 $0.86 $0.01 1.18% 28,187 $0.86 $0.86 $0.85
    27 Nov 2023 $0.85 $-0.05 -5.56% 93,669 $0.93 $0.93 $0.83
    24 Nov 2023 $0.90 $0.12 15.29% 264,721 $0.80 $0.91 $0.80
    23 Nov 2023 $0.79 $0.04 5.37% 424,263 $0.76 $0.80 $0.76
    22 Nov 2023 $0.75 $0.05 7.19% 104,774 $0.70 $0.75 $0.68
    21 Nov 2023 $0.70 $-0.01 -1.43% 125,392 $0.71 $0.75 $0.68
    20 Nov 2023 $0.70 $0.00 0.00% 103,480 $0.71 $0.75 $0.70
    17 Nov 2023 $0.70 $0.04 6.06% 122,578 $0.70 $0.73 $0.69
    16 Nov 2023 $0.66 $-0.02 -2.94% 59,090 $0.68 $0.68 $0.66
    15 Nov 2023 $0.68 $0.06 9.68% 61,612 $0.64 $0.73 $0.64
    14 Nov 2023 $0.62 $0.02 3.31% 16,405 $0.61 $0.62 $0.61
    13 Nov 2023 $0.61 $0.02 3.42% 32,871 $0.60 $0.62 $0.60
    10 Nov 2023 $0.59 $0.01 1.72% 105,743 $0.57 $0.59 $0.56
    09 Nov 2023 $0.58 $0.00 0.00% 30,590 $0.56 $0.58 $0.56
    08 Nov 2023 $0.58 $0.01 1.75% 9,486 $0.57 $0.58 $0.56
    06 Nov 2023 $0.57 $0.00 0.00% 25,097 $0.59 $0.59 $0.56
    03 Nov 2023 $0.57 $0.01 1.77% 6,002 $0.58 $0.58 $0.57
    02 Nov 2023 $0.57 $-0.02 -3.45% 53,527 $0.59 $0.59 $0.57
    01 Nov 2023 $0.58 $0.02 3.54% 41,427 $0.57 $0.59 $0.57
    31 Oct 2023 $0.57 $-0.03 -5.04% 57,505 $0.59 $0.60 $0.57

    Directors & Management Data provided by Morningstar.

    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 several ASX listed companies. Peter is the principal of Torre Corporate, a specialist corporate advisory firm providing corporate secretarial services to a range of listed companies. Peter served as Company Secretary of the Company from September 2016 to November 2019.
    Mr Ian Barsden Non-Executive Director Jul 2016
    Mr Barsden has over 33 years of experience in the accounting profession, advising and consulting to a wide variety of businesses and industries as to business structuring, taxation and financial management. Ian has provided advisory services to VEEM as a consultant since 1980.
    Mr Bradley (Brad) Miocevich Non-Executive ChairmanNon-Executive Director Jun 1988
    Mr Miocevich has been a member of the team responsible for the acquisition of several companies over the 23 years including S&S Foundry & Engineering and Timcast Foundry and Engineering. Brad provided the vision for VEEM's automated manufacturing processes making VEEM the benchmark of propeller manufacturing worldwide. Brad brings to the Board experience 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 has been a director and senior manager of VEEM for over 33 years. Commencing 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 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.
    Mr Michael (Mike) Robert Bailey Non-Executive Director Jul 2018
    Mr Bailey brings 50 years of 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.
    Mr David Rich Chief Financial OfficerCompany Secretary Nov 2019
    -
    David Rich Chief Financial OfficerCompany Secretary
    -
    Brett Wayne Silich Global Commercial Manager
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    VEEM CORPORATION PTY LTD <MIOCEVICH FAMILY A/C> 68,135,593 50.20%
    NATIONAL NOMINEES LIMITED 15,917,523 11.73%
    BOND STREET CUSTODIANS LIMITED <SALTER D79836 A/C> 10,500,000 7.74%
    J P MORGAN NOMINEES AUSTRALIA PTY LIMITED 7,365,680 5.43%
    HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED 3,070,624 2.26%
    UBS NOMINEES PTY LTD 3,000,002 2.21%
    BOND STREET CUSTODIANS LIMITED <RSALTE V57322 A/C> 1,041,670 0.77%
    BOND STREET CUSTODIANS LIMITED <RSALTE V39117 A/C> 650,000 0.48%
    BOND STREET CUSTODIANS LIMITED <RSALTE D63444 A/C> 540,000 0.40%
    BOND STREET CUSTODIANS LIMITED <RSALTE D62375 A/C> 500,000 0.37%
    CITICORP NOMINEES PTY LIMITED 499,613 0.37%
    BNP PARIBAS NOMINEES PTY LTD <IB AU NOMS RETAILCLIENT DRP> 460,862 0.34%
    WEEWAC PTY LTD <WARRIOR SUPER FUND A/C> 421,000 0.31%
    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%
    REDBROOK NOMINEES PTY LTD 325,000 0.24%
    BOND STREET CUSTODIANS LIMITED <RSALTE V38491 A/C> 312,510 0.23%
    HONNE INVESTMENTS PTY LIMITED 300,000 0.22%
    VELKOV FUNDS MANAGEMENT PTY LTD <VICTOR VALUE FUND A/C> 250,000 0.18%
    MR GRAEME JOHN MEDHURST 250,000 0.18%

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