Tuesday, March 18, 2025

Ghost Bites (MAS | Pick n Pay | Zeder)

Pick n Pay declares its R4 billion rights offer - and the market has been kind to the company. MAS has a plan to simplify the Prime Kapital joint venture. Zeder is selling another farm.

Ghost Bites (Accelerate Property Fund)

Accelerate Property Fund isn't having any luck with selling Cherry Lane Shopping Centre, but at least they've reached agreement around related party debts.

Ghost Bites (Glencore | Orion Minerals | South32 | Telemasters)

Glencore's acquisition of Elk Valley Resources is unconditional. South32's sale of Illawarra is one step closer to completion. Orion Minerals opened the share purchase plan. Telemasters has potential corporate activity.

Ghost Bites (Lighthouse Properties)

Lighthouse Properties is furthering its ambitions in Iberia with the acquisition of the Alegro Montijo mall in Portugal.

Ghost Bites (Bidvest | Brikor | NEPI Rockcastle | Texton)

Bidvest is getting more focused, selling its bank and buying another services company. Brikor might be taken private. NEPI Rockcastle has exited Serbia. Texton partially sells down its US exposure.

Ghost Bites (ArcelorMittal | Brait – Ethos Capital | Sibanye-Stillwater | Spear – Emira | Tongaat Hulett)

ArcelorMittal could be the bravest GNU play of all. Spear releases the Emira circular. Sibanye concludes the s189. Brait and Ethos are moving forward with their plans. Tongaat Hulett might remain listed, but why bother?

Ghost Bites (Anglo American | Clicks | Cilo Cybin | Orion Minerals)

Anglo American has suffered a setback in coal production. Clicks is selling Unicorn Pharmaceuticals. Cilo Cybin starts life as a listed company. Orion Minerals has raised capital.

Ghost Bites (Castleview | Crookes Brothers | Grindrod | Lighthouse | Marshall Monteagle | Nampak | Nictus | PBT Group | Resilient | SA...

Nampak's continuing operations are profitable. Resilient, Lighthouse, Castleview and SA Corporate gave property updates. PBT Group has some margin pressure. Crookes looks much better. There's news from Grindrod, Marshall Monteagle and Nictus as well, along with loads of Little Bites.
Verified by MonsterInsights