The Choppies share, which ended 2025 at nearly R8, traded as low as R3.21 on Thursday. Picture: Chopiies website The top-performing share of 2025, Botswana retailer Choppies Enterprises, which was up 891% (915% on a total return basis) across 2025, tumbled 47% on Thursday (8 January) on no obvious news flow. The share closed at R3.98, having traded as low as R3.21 intraday, which represented a decline of 57%.
Stunningly, just over one million shares were traded on the day – around 10 times the daily average over the last 52 weeks. The entire story of Choppies in 2025 is quite surprising, with the share rocketing from 80c in January to nearly R8 at the end of December. As Moneyweb reported on Monday, “the share had doubled from 80 cents in January to R1.60 by June, then started to run hard after the publication of the group’s results for the year to June 2025 in the last week of September.
This is astonishing for a share that is so thinly traded and which was valued at the start of 2025 at just under R1.5 billion. As Adriaan Kruger so eloquently put it on Monday: “The annual results alone do not explain the share’s sharp rise.” Choppies reported revenue growth of 15% to 9.2 billion pula in the year to end June, while profit declined 23%. Headline earnings per share was up 19%.
Read Full Article on The Citizen
[paywall]
That would hardly be enough to push the share price from R2 following the release of the results to R4 at the end of November. According to data, the average volume traded in Choppies over the past three months has been around 256 000 shares a day. Over the last 10 days, this has jumped to more than double that, at 519 000.
[/paywall]
