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- 4218 Views
- The Finance Ghost
- 14 Jan 2023
Ghost Wrap #7 (Steinhoff | Mondi | Telkom | MTN | Tharisa | Murray & Roberts)
Ghost Wrap is back! This week, we deal with Steinhoff updates on portfolio companies, Mondi’s deal in Italy, Telkom and rain giving up, MTN in trouble in Ghana, Tharisa dealing with rainfall and Murray & Roberts releasing the Bombela circular.
- 3462 Views
- The Finance Ghost
- 14 Jan 2023
Ghost Bites (MTN | Murray & Roberts)
Having barely recovered from various nightmares in Nigeria, Ghana is now the big headache for MTN. Murray & Roberts has released the circular for the Bombela sale.
- 2572 Views
- The Finance Ghost
- 12 Jan 2023
Ghost Bites (Mondi | Steinhoff – Pepco)
Mondi has completed the acquisition of the Duino mill in Italy. Pepco is performing very well in Europe, though margins are lagging because of the store rollout.
- 7879 Views
- The Finance Ghost
- 11 Jan 2023
Ghost Bites (Steinhoff | Tharisa | Telkom)
With more bad news for Steinhoff, I can’t believe anyone is buying it. Tharisa doesn’t enjoy the rain. Neither does Telkom.
- 5172 Views
- The Finance Ghost
- 9 Jan 2023
- 2
Too much stock!
The supply-demand dynamics swung completely from 2021 to 2022. When global apparel retailers report on this festive season, you can be sure that margins will be an ugly story.
- 4073 Views
- Chris Gilmour
- 8 Jan 2023
- 1
Russia – Ukraine at an impasse
To kick off 2023, Chris Gilmour gives his latest views on the Russia – Ukraine conflict and where he believes the key pressure points are.
- 4736 Views
- The Finance Ghost
- 22 Dec 2022
- 1
Ghost Bites (AYO | BHP | MAS | NEPI Rockcastle | Premier Fishing | Schroder | Transnet)
AYO gets fined again. BHP agrees a scheme implementation deed with OZ Minerals. MAS and NEPI Rockcastle released pre-close updates. Premier Fishing plays squid game. Schroder refinances debt. Transnet can’t proofread
- 3088 Views
- The Finance Ghost
- 20 Dec 2022
Ghost Bites (BHP | Grindrod Shipping | Kore Potash | MC Mining | NEPI Rockcastle)
BHP is finalising the OZ Minerals deal. Grindrod Shipping isn’t delisting – for now. Kore Potash is managing the RoC government. MC Mining extends the marketing agreement. NEPI Rockcastle invests further in Poland.
- 4301 Views
- The Finance Ghost
- 19 Dec 2022
Ghost Bites (Bell Equipment | Equites Property Fund | Jubilee Metals | KAP | Woolworths)
Bell Equipment delivers a great trading statement. Equites goes back to the drawing board in the Lidl deal. Jubilee looks strong. KAP is a mixed bag (as usual). Woolworths exits David Jones.
- 2164 Views
- The Finance Ghost
- 18 Dec 2022
Inadequate infrastructure expenditure in the developed world
Chris Gilmour is clearly still busy this December, taking a fascinating look at the infrastructure spend deficit in critical economies like the US.