Posts by: The Finance Ghost
Ghost Bites (Anglo American Platinum | Datatec | Merafe | Oceana | Orion | Richemont | Schroder)
Richemont took a nasty knock based on poor sales in the Americas. Amplats released ugly numbers. Merafe had lower production. Oceana’s US subsidiary refinanced debt. Orion has drawn down on its debt. Updates from Datatec and Schroder as well.
Ghost Bites (ArcelorMittal | Coronation | Kore Potash | Indluplace | Sebata | Tsogo Sun)
ArcelorMittal got smoked on the market on Tuesday. Coronation updated the market on AUM, Kore Potash on the Kola project, Indluplace on its distribution, Sebata on earnings and Tsogo Sun on an odd-lot offer.
Unlock the Stock: PBT Group
PBT Group returned to the Unlock the Stock platform to update investors on the recent results and the strategic outlook.
Ghost Global: Champagne Problems
The recent Burberry results were yet another data point in the luxury industry. As recent Richemont numbers suggest though, this industry isn’t infallible.
Ghost Bites (Accelerate Property Fund | Pick n Pay | Super Group)
Accelerate Property Fund’s results show why the distribution is gone. Pick n Pay is under immense pressure in the core business. Super Group has acquired a business in the UK.
Who’s doing what in the African M&A space?
Weekly summary of all Merger & Acquisition activity from across Africa (excluding South Africa)
Weekly corporate finance activity by SA exchange-listed companies
Weekly summary of corporate finance activity by South African exchange listed companies
Ghost Bites (Amplats | Anglo American | Balwin | BHP | Famous Brands | Jubilee Metals | Karooooo | Kumba | Northam Platinum | Telkom | Truworths)
On a huge day of news, we saw several mining updates (with very mixed fortunes), as well as important updates from Truworths and Karooooo among others.
Who’s doing what this week in the South African M&A space?
Weekly summary of Merger & Acquisition activity by South African companies
Ghost Bites (Aveng | Glencore | Hulamin | Mr Price | Tongaat | Vodacom)
Friday included major financial announcements by Aveng, Mr Price and Vodacom, with important stuff also coming from Glencore and Hulamin, Finally, Tongaat has found a buyer!