Ghost Bites
GHOST BITES (Bell Equipment | Coronation | Zeder)
Bell Equipment's weak second half will cause nerves among investors who missed out on the take-private offer. Coronation's B-BBEE deal is devoid of creativity. Zeder has flagged a worrying outlook.
Ghost Bites
GHOST BITES (Altron | Equites | Lighthouse | Mantengu Mining | Newpark REIT | Sibanye-Stillwater | Tharisa)
Sibanye-Stillwater dropped sharply after a bad day in court. Property news came in from Equites, Lighthouse and Newpark REIT. Mantengu Mining and Tharisa gave property and chrome updates, while Altron has achieved a major uptick in earnings.
Ghost Bites
GHOST BITES (Accelerate | Afrimat | DRA Global | Hammerson | Mondi | Schroder European Real Estate)
Accelerate Property Fund tries to sell Cherrylane - again (JSE: APF)
Will they finally get it right?
By now, Accelerate executives must feel sick at...
Ghost Bites
GHOST BITES (AYO Technology – Mustek | Insimbi Industrial Holdings | Sanlam | Visual International)
Sanlam has closed the Assupol deal. AYO sold a business to Mustek. Insimbi is in the red. Visual International is issuing shares to settle debt.
Ghost Bites
GHOST BITES (Calgro M3 | Datatec | Jubilee Metals | Richemont | Sirius Real Estate)
Calgro M3 and Datatec released excellent trading statements. Sirius Real Estate is also doing pretty well. Jubilee Metals pulled the trigger on the Project G deal. Richemont is hoping that YOOX will work better with different owners.
Ghost Bites
Ghost Bites (EOH | Metair | Northam Platinum)
EOH is still loss-making. Metair swoops in on Autozone to buy it out of business rescue. Northam Platinum sees value in renewable energy.
Ghost Bites
Ghost Bites (Alphamin | Balwin | Hammerson | Jubilee Metals | Telemasters | Vukile)
Alphamin reported record EBITDA. Vukile got a solid deal in Spain. Balwin, Jubilee Metals and Telemasters are struggling. Hammerson shows us the cost of long-dated money in the UK.
Ghost Bites
Ghost Bites (Brimstone – STADIO | Clientele | Delta | Lesaka | Powerfleet)
Lesaka has closed the all-important Adumo deal. Powerfleet closed the Fleet Complete deal. Clientele is considering an acquisition. Brimstone has sold its STADIO shares. Delta is selling two properties.
