Ghost Bites
Ghost Bites (Attacq | Heriot | HomeChoice | IndluPlace | Labat Africa | Old Mutual)
Attacq declares an interim dividend, as does Heriot (admittedly a less exciting one). HomeChoice posts a big jump in HEPS. Indluplace is set to be taken private. Labat Africa is still loss-making. Old Mutual HEPS grows by 10%.
Ghost Bites
Ghost Bites (Absa | AfroCentric | Grand Parade Investments | MTN | MultiChoice | Pan African Resources | Sibanye-Stillwater | Sun International | The...
Bearishness is everywhere, from Absa's credit loss ratio outlook through to Transaction Capital's shocking earnings update. The Foschini Group is worried about load shedding and MTN margins are down. Sun International was the highlight on Monday.
Ghost Bites
Ghost Bites (Acsion | Brait – Premier | Netcare | Southern Palladium)
Acsion isn't set to go private anymore. Brait's IPO of Premier is going ahead. Margins are higher at Netcare as the post-COVID recovery continues. Southern Palladium gives us a geology lesson.
Ghost Bites
Ghost Bites (Attacq | Capitec | Distell | Exxaro | Labat | Metair | Northam Platinum – RB Plats – Implats | Orion |...
It was a big day for banking, with Capitec and Standard Bank releasing earnings updates. The Royal Bafokeng impasse is finally over. Coal miners and various other companies released updates.
Ghost Bites
Ghost Bites (Anglo American | Cognition | Fortress | JSE Limited | Momentum Metropolitan | Mustek | Quilter | Putprop | Royal Bafokeng |...
From diamonds to property funds and the dangers of M&A to the risks of having too much stock, it's all here in Ghost Bites today.
Ghost Bites
Ghost Bites (Brimstone | Mpact | Nedbank | Sea Harvest | Shoprite)
There's not much fire at Brimstone. Mpact is making money and investing in SA. Nedbank made the most of 2022, but what of 2023? Sea Harvest shareholders feel salty. Load shedding is hammering Shoprite.
Ghost Bites
Ghost Bites (African Rainbow Minerals | AVI | Bidvest | Hulamin | Jasco | MAS | Metrofile | Nampak | RCL Foods | STADIO...
African Rainbow Minerals does well on manganese and coal. AVI and Metrofile earnings go sideways. Bidvest, Hulamin and Trellidor all rallied after updates. There's a firm offer for Jasco. Uncertainty at Nampak, caution at RCL Foods and slower growth at STADIO.
Ghost Bites
Ghost Bites (African Media Entertainment | Brait | MTN | Premier Fishing and Brands | Sun International)
AME's share repurchases are significant. Brait's IPO of Premier could be back on the table. MTN subsidiaries are reporting. There's a firm offer for Premier Fishing. Sun International is shining.
