Ghost Bites
Ghost Bites Vol 88 (22) – Transaction Capital | MTN | Bell | Caxton
Transaction Capital and MTN successfully raised equity and debt capital respectively. Earnings updates came in from FirstRand, Bell, Caxton and York Timber. The JSE has paved the way for actively-managed ETFs.
Ghost Bites
Ghost Bites Vol 87 (22) – Capitec | Transaction Capital | Tongaat Hulett
Transaction Capital is raising capital and making big strategic decisions about SA Taxi. Tongaat Hulett is still a financial horror story. Capitec fell sharply as it missed earnings expectations.
Ghost Bites
Ghost Bites Vol 86 (22) – Discovery | The Foschini Group | Conduit Capital
Discovery's results (and lack of dividend) was the big news of the day. The Foschini Group weighed in with a trading update. Conduit Capital is in its death throes. Tiger Brands has recalled yet another product.
Ghost Bites
Ghost Bites Vol 85 (22) – Shoprite | Metair | Attacq
Shoprite took a nasty knock on the market. Metair has given an earnings update on a period to forget. Attacq expects earnings to come in well above previous guidance.
Ghost Bites
Ghost Bites Vol 84 (22) – Bidvest | RCL Foods | AVI | MTN
Financial updates were dominated by FMCG players and operating updates were all about the junior miners. It was a fun day of news on the JSE.
Ghost Bites
Ghost Bites Vol 83 (22) – Cognition | Fortress | TRP Investigations
Cognition's results show how disconnected the market cap is from the balance sheet. Fortress REIT has given a view on life after being a REIT. The TRP is very busy with investigations.
Ghost Bites
Ghost Bites Vol 82 (22) – Massmart | Implats | Truworths | Santam | Fortress
Walmart hasn't wasted any time, with the offer to Massmart shareholders now formally made. Financial updates came in from Implats, African Rainbow Minerals, Santam, Sanlam, Fortress, Truworths and more.
Ghost Bites
Ghost Bites Vol 81 (22)
Huge Group has finally done a solid deal. Results came in from Woolworths, Discovery, Murray & Roberts, Trellidor, Aspen, Motus, Cashbuild, Mustek and more.