Ghost Bites
Ghost Bites (Barloworld | Choppies | Kore Potash | MTN | Nampak)
Barloworld scared the market with an announcement about Russian sanctions. MTN is extending Zakhele Futhi. Nampak needs to incentivise the top execs at an old share price. Choppies and Kore Potash also had news.
Ghost Bites
Ghost Bites (Bell Equipment | Brimstone | Capital & Regional | Discovery | FirstRand | Lesaka | RFG | SA Corporate Real Estate |...
Bell's take-private is dead. Capital & Regional's deal hopes are still alive. Earnings came in from Discovery, FirstRand, Lesaka, RFG, SA Corporate Real Estate, Sibanye and Truworths. Brimstone is making an odd capital allocation.
Ghost Bites
Ghost Bites (Anglo American | Anglo American Platinum | Growthpoint | Hyprop | Murray & Roberts | Mustek | Pan African Resources | Super...
Anglo placed the Amplats shares at a significant discount in the market. Growthpoint and Hyprop released property updates, while earnings also came in from Murray & Roberts, Mustek, Pan African Resources and Super Group.
Ghost Bites
Ghost Bites (Anglo American | Anglo American Platinum | AngloGold | Attacq | Bowler Metcalf | Caxton | Libstar | Old Mutual | Texton...
On a busy day of news, Anglo American is starting to sell down Amplats, while AngloGold is buying a mine in Egypt. We saw results from Attacq, Bowler Metcalf, Libstar, Old Mutual and WBHO, along with corporate updates from Texton and Vukile. Caxton got in trouble with the JSE.
Ghost Bites
Ghost Bites (AVI | Bell | Capitec | Sun International | Trematon | Vukile | Wesizwe Platinum)
AVI, Bell, Capitec and Sun International all released earnings, while Trematon and Vukile delivered news of major M&A activity. Wesizwe Platinum gave an operational update.
Ghost Bites
Ghost Bites (African Rainbow Minerals | Calgro | Caxton | City Lodge | Clientele | Momentum)
Momentum released the only really good numbers of the day, with African Rainbow Minerals, Caxton, City Lodge and Clientele facing challenges. There's a sudden change to top management at Calgro.
Ghost Bites
Ghost Bites (Harmony Gold | Metair | Omnia | OUTsurance | Pan African Resources | Sanlam)
Harmony Gold and Pan African Resources released gold updates. In financial services, OUTsurance and Sanlam released numbers. Metair and Omnia added to an interesting day.
Ghost Bites
Ghost Bites (Cashbuild | SPAR | Telkom | The Foschini Group | Woolworths)
On a very busy day for retail news, we saw generally poor news come in from SPAR, The Foschini Group and Woolworths, while Cashbuild reported numbers that the market knew would be tough.