Ghost Bites
GHOST BITES (Coronation | enX | Salungano | Shoprite | Trematon | Vodacom | Vunani)
Shoprite's sales update was the news of the day, with Coronation, enX, Salungano and Vunani all releasing numbers. The Comp Comm has prohibited the Vodacom fibre deal with Remgro. Trematon released the Aria disposal circular.
Ghost Bites
GHOST BITES (Balwin | Coronation | Delta Property Fund | Gold Fields | Mantengu Mining | Pick n Pay | PPC | Renergen |...
Balwin and Pick n Pay are both suffering, the latter more than the former. Gold Fields finished a deal in record time. PPC seems to be on the up. Renergen finds itself in an awkward spot. Look out for Coronation, Delta Property Fund, Mantengu Mining and Southern Palladium as well.
Ghost Bites
GHOST BITES (BHP | Dis-Chem | Finbond | FirstRand | Mondi | Sibanye-Stillwater | Sun International | The Foschini Group)
Dis-Chem released excellent results. The Comp Comm wants to prohibit Sun International's Peermont deal. FirstRand has legal issues in the UK, while TFG has bought another business there. Look out for BHP, Finbond, Mondi and Sibanye as well.
Ghost Bites
GHOST BITES (Afrimat | Anglo American / Amplats / Kumba | Cashbuild | Clicks | Datatec | Mantengu Mining | Nu-World | Spear REIT)
Clicks and Datatec released great numbers and the duo of Cashbuild and Nu-World are showing signs of better sentiment. In mining, look out for Afrimat and the Anglo group companies, along with Mantengu and a strange narrative. Spear REIT is also worth a read.
Ghost Bites
GHOST BITES (AB InBev | EOH | Famous Brands | Grindrod | Harmony | Nampak | Zeder)
AB InBev, Grindrod and Nampak announced major deals, while Zeder completed one. EOH and Famous Brands released results. Harmony is happy to see the back of a legacy contract.
Ghost Bites
GHOST BITES (Adcorp | Capital & Regional | Oasis Crescent | Sasfin | Sasol | Vunani | WeBuyCars)
It was a mixed day of numbers, with weak updates from Sasfin, Sasol and Vunani. WeBuyCars requires a careful read, as does Adcorp. Oasis Crescent was the most positive update on the day. Capital & Regional's CEO has left the building.
Ghost Bites
GHOST BITES (BHP | Capital & Regional – Growthpoint | 4Sight | Prosus / Naspers | South32 | Workforce Holdings)
Capital & Regional released the circular for the NewRiver scheme. Workforce Holdings could be the next JSE delisting. 4Sight released great earnings. BHP and South32 had updates in the mining sector and Prosus / Naspers CEO Fabricio Bloisi released his 100-day letter.
Ghost Bites
GHOST BITES (British American Tobacco | CA Sales | Finbond | NEPI Rockcastle | Reinet | Renergen | Santova | Sibanye | Standard Bank)
CA Sales, NEPI and possibly Finbond have been busy with corporate actions. British American Tobacco might be done with Canadian litigation. Reinet, Renergen, Santova and Standard Bank released numbers. Sibanye's bad luck continues.
