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In this episode of Ghost Wrap, I recapped a week’s worth of news across a variety of sectors:
- PSG Financial Services is making a strong case for itself as an attractive option on the local market.
- MiX Telematics has attracted an international suitor and the merged entity would be listed on the JSE, so that’s exciting news.
- Karooooo will be sticking to its knitting going forward and that’s a good thing.
- CMH is on the wrong side of a car market that is finally cracking, with the car hire business doing a lot better than automotive retail.
- Sasfin has managed to offload two business units off to African Bank at a juicy price, leading to a major rally in the Sasfin share price.
- Cashbuild continues to struggle, with revenue flat year-on-year.
- Calgro M3 released solid results that also show the benefit of share buybacks when used properly.
