Ghost Wrap
GHOST WRAP – Five insights from November 2024
In a new format for the Ghost Wrap podcast, I looked back on five important insights in the South African market from November 2024. A full transcript and important share price charts are now included. Ghost Wrap is brought to you by Forvis Mazars.
Ghost Wrap
GHOST WRAP #82 (Clicks | Dis-Chem | The Foschini Group | Cashbuild)
In this retail-focused Ghost Wrap, I cover the recent numbers at Clicks, Dis-Chem and Cashbuild, along with the latest acquisition by The Foschini Group in the UK.
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Ghost Wrap #81 (Nampak | Spar | Metair | Transaction Capital)
Nampak's heroics have saved the balance sheet. Spar's troubles in Switzerland look ominous. Metair needs the Turkey deal to go through quickly. Transaction Capital is focusing on Nutun going forward.
Ghost Wrap
Ghost Wrap #80 (Sibanye-Stillwater | Truworths | Finbond | Barloworld)
In this episode of Ghost Wrap, I covered interesting recent news from Sibanye-Stillwater, Truworths, Finbond and Barloworld. Ghost Wrap is made possible by ForvisMazars.
Ghost Wrap
Ghost Wrap #79 (CA Sales Holdings | RCL Foods + Rainbow | Motus | Bidvest)
In this episode of Ghost Wrap, I covered interesting recent news from CA Sales Holdings, RCL Foods and Rainbow Chicken, Motus as well as Bidvest. Ghost Wrap is made possible by ForvisMazars.
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Ghost Wrap #78 (Italtile | ADvTECH and STADIO | Harmony)
Italtile had a better second half as expected, but new risks have emerged. ADvTECH and STADIO have shown us that private education can be lucrative, provided the business model is right. Harmony got its gold production sorted at exactly the right time.
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Ghost Wrap #77 (Absa & Standard Bank | MTN | NEPI Rockcastle)
Absa and Standard Banks are both banks, yet the share price performance has been so different. MTN's nightmares in Nigeria continue. NEPI Rockcastle is one of the best property funds on the local market.
Ghost Wrap
Ghost Wrap #76 (Italtile & Cashbuild | Quilter | AngloGold & Gold Fields)
Italtile and Cashbuild are interesting plays for an improvement in consumer discretionary spending. Quilter released strong results. AngloGold and Gold Fields had such different production results, yet its Gold Fields out there doing deals.
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Ghost Wrap #75 (MTN’s African subsidiaries | ArcelorMittal | Curro)
MTN's African subsidiaries are further evidence that using "Africa" as an umbrella term is dangerous. Speaking of danger, operating leverage at ArcelorMittal is a massive concern. Curro is clawing its way back to pre-pandemic earnings.
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Ghost Wrap #74 (Balwin | British American Tobacco | Mr Price | Vodacom)
What does Balwin's push into rentals mean for the investment case? How are British American Tobacco's New Categories performing? Is Mr Price growing in the core business? And is Vodacom managing to grow? Find out in Ghost Wrap, brought to you by Forvis Mazars.
Ghost Wrap
Ghost Wrap #73 (Richemont | AVI | Karooooo | Prosus)
Get the latest on Richemont's sales, AVI's profitability, Karooooo's growth and the moonshot remuneration package for the Prosus CEO.
