Wednesday, November 27, 2024

Ghost Wrap #28 (Bidcorp | Bidvest | MultiChoice | Argent Industrial | Renergen | Capital Appreciation | The Foschini Group)

Share

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

In this week’s episode of Ghost Wrap, we cover these important stories on the local market:

  • Bidcorp is achieving record numbers, but the regional split isn’t what you might expect.
  • Bidvest continues to demonstrate the value of pricing power and strong cost management.
  • MultiChoice is on the wrong side of consumer spending and load shedding, with forex issues in Nigeria as an additional huge headache.
  • Argent Industrial is a small cap with a big heart, performing well in this environment.
  • Renergen has secured conditional approval for debt funding, with all eyes now on meeting the conditions.
  • Capital Appreciation has grown its non-SA revenue strongly, but operating profits have dipped due to heavy investment in headcount.
  • The Foschini Group rallied after releasing results but not because of good news in the numbers, with a particularly concerning recent trend.

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:

2 COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Popular Articles

Ghost Wrap

Verified by MonsterInsights