Welcome to Ghost Wrap. It’s fast. It’s fun. It’s informative.

In this week’s episode of Ghost Wrap, we cover:

• Clicks is still growing but nowhere near quickly enough to justify the valuation, which explains the mediocre investment performance over five years.
• Nu-World really needs Eskom to switch the lights on and leave them on so that more people are encouraged to buy televisions!
• Purple Group started the week with great news (the partnership in the Philippines) and ended it with news of a loss-making period.
• Spare a thought for Cashbuild – I genuinely don’t know what they can do at this point to stop the bleeding.
• Oceana is unpredictable to forecast but delivered the goods in this period, with HEPS more than doubling.
• Raubex released strong results, with major contributions from unusual places like Australia (where South Africans normally get hurt) and Zimbabwe.
• There was a flurry of mining production updates, including BHP Group, Glencore, Merafe, Sasol and Royal Bafokeng Platinum.
• Standard Bank is still growing earnings strongly, notwithstanding the positive skew from the timing of the Liberty deal.

The Ghost Wrap podcast is proudly brought to you by Mazars, a leading international audit, tax and advisory firm with a national footprint within South Africa. Visit the Mazars website for more information.

Listen to the podcast below: