Tag:
Absa
Ghost Bites
GHOST BITES (Absa – Standard Bank | Hulamin | MTN | RFG Holdings | Thungela)
There's a new sheriff in town at Absa - and it's Standard Bank's loss! MTN's gap between constant currency and reported earnings is still huge. RFG had trouble with pineapples. Hulamin had a poor year. Thungela released its 2024 results.
Ghost Bites
GHOST BITES (Absa | Attacq | Clientele | Homechoice | Hyprop | Sirius Real Estate | Supermarket Income REIT | Vukile)
Important financial updates were released by Absa, Attacq, Clientele, Homechoice, Hyprop and Supermarket Income REIT. Sirius Real Estate sold a property at a solid price and Vukile is buying one in Spain!
Ghost Bites
GHOST BITES (Absa | Nampak | Trustco | Vukile Property Fund)
Absa has given updated earnings guidance for 2024 and beyond. Nampak has put in place a clever B-BBEE deal. Trustco has released the Legal Shield deal circular. Vukile's Spanish acquisition is still on hold.
Ghost Bites
GHOST BITES (AYO Technology – Mustek | Insimbi Industrial Holdings | Sanlam | Visual International)
Sanlam has closed the Assupol deal. AYO sold a business to Mustek. Insimbi is in the red. Visual International is issuing shares to settle debt.
Ghost Wrap
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 Bites
Ghost Bites (Absa | Argent | Aveng | Coronation | Hulamin | MTN | Thungela)
Absa has a change of management and headaches in Africa. Argent acquires a business in the UK. Aveng could break itself in half. Coronation is paying a dividend. Hulamin, MTN and Thungela also released numbers.
Ghost Bites
Ghost Bites (Anglo American – BHP | Finbond | Impala Platinum | Invicta | Oasis Crescent | Reinet | Renergen | Sibanye-Stillwater)
Get the latest recap of JSE news in the Ghost Wrap podcast, brought to you by Mazars:
Anglo American's board rejects the BHP proposal (JSE:...
Ghost Bites
Ghost Bites (Absa | EPE Capital Partners | Lighthouse | Metair | Remgro | RFG Holdings)
Absa underperformed its peers in 2023. Investment holdcos EPE Capital Partners and Remgro both struggled. Metair is turning the corner. Pricing increases kept RFG Holdings in the green. Lighthouse is on the acquisition trail.
