Friday, November 22, 2024

Ghost Wrap #65 (Transaction Capital | Sun International | Thungela | OUTsurance)

Share

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.

In this episode of Ghost Wrap, I covered these important stories on the local market:

  • Transaction Capital didn’t get quite as much as it hoped for the WeBuyCars shares, but still raised over R900 million at what seems like a good price. The group has also announced the sale of Nutun Australia.
  • Sun International had some bright spots in 2023 and could really do with reduced load shedding as it gears up for the Peermont acquisition.
  • Thungela is as cyclical as can be and has expanded into the Australian market – yet the capex split still tells a story of a predominantly South African group.
  • OUTsurance reported a mixed bag of numbers and decent dividend growth overall, with significant attention on whether the push into Ireland will work. 

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Popular Articles

Ghost Wrap

Verified by MonsterInsights