Ghost Bites
Ghost Bites (Bytes | City Lodge | Sasfin | York)
Although Bytes is showing solid growth, the share price has had a tough year. City Lodge's occupancy rate is finally tracking 2019 levels. Sasfin's ROE is worse than SA bond yields. York signs off on a horrible year.
Ghost Bites
Ghost Bites (Gemfields | Silverbridge | Thungela)
Gemfields has banked another great emerald auction result. Silverbridge is being subjected to an unusual s124 "squeeze out" by ROX Equity Partners. Thungela has signed a three-year wage deal.
Ghost Bites
Ghost Bites (AngloGold | Ethos Capital | Luxe Holdings)
AngloGold is off to Vegas (sort of). Ethos Capital NAV is moving the right way. Luxe Holdings may be getting even smaller. There were also significant director dealings in various companies.
Ghost Bites
Ghost Bites (Momentum Metropolitan | Implats | PSG)
Life insurance businesses are enjoying a post-pandemic world. The Implats - RB Plats deal is still dragging on at the Competition Tribunal. PSG shareholders will soon receive R23 per share.
Ghost Bites
Ghost Bites (Anglo American | FirstRand | Metair)
Anglo raised EUR745 million in sustainability-linked finance. FirstRand posts great results but the share looks fully priced to me. Metair will try hard to forget this period.
Ghost Bites
Ghost Bites (Balwin | Growthpoint | Motus | MultiChoice | PPC)
Balwin had a good day on the market. Growthpoint needs office tenants. Motus has given more details on its acquisition. Canal+ bought more shares in MultiChoice.
Ghost Bites
Ghost Bites (ARC | Attacq | Labat | Libstar | Mustek | RFG)
Rain is a R1 billion EBITDA business. Attacq is paying dividends again. Labat loves confusing SENS headlines. Libstar loves cheese. Mustek is slowing down. RFG is winning in canned peaches.
Ghost Bites
Ghost Bites Vol 89 (22) – Brait | Metrofile | Lesaka
Brait released an important update on the performance of Premier, Virgin Active and New Look. Results came in from Metrofile and Lesaka Technologies.
