Tag:
Afrocentric
Ghost Bites
GHOST BITES (enX | Grindrod | MAS | NEPI Rockcastle | Sibanye-Stillwater | South32)
EBITDA margins are significantly lower at Grindrod. Sibanye-Stillwater has raised $500 million through a streaming deal in its local PGM mines. South32 is navigating the Mozambique unrest successfully.
Ghost Bites
GHOST BITES (African Rainbow Capital | Boxer – Pick n Pay | Labat Africa | Nedbank | Renergen | Sabvest | South32 | Thungela)
African Rainbow Capital released a portfolio update. Nedbank and Thungela gave important pre-close updates. There's also news from Boxer, Renergen, Sabvest, South32 and Labat Africa
Ghost Bites
GHOST BITES (Alexander Forbes | Aveng | Nampak | Naspers – Prosus | Standard Bank | Transaction Capital)
Alexander Forbes, Nampak, Naspers-Prosus and Standard Bank all released important numbers. Aveng has sold its stake in a property portfolio. Transaction Capital is still trying to finalise the Road Cover deal.
Ghost Bites
GHOST BITES (African Media Entertainment | Boxer – Pick n Pay | Burstone | Kore Potash | Lesaka | Momentum | NEPI | Ninety...
Boxer achieved strong institutional interest. Sanlam is putting its active asset management ambitions into Ninety One. African Media Entertainment, Burstone, Momentum, NEPI, Primeserv, Reinet and RFG all released numbers. Lesaka, Tiger Brands and Kore Potash all had deal news.
Ghost Bites
GHOST BITES (Coronation | Old Mutual | RMB Holdings)
Coronation seems happy with single digit growth. Old Mutual's key metrics are going in the right direction. RMB Holdings has given NAV guidance.
Ghost Bites
GHOST BITES (Clientele | MTN | Sasfin | Sephaku | Vukile)
Clientele has announced a major acquisition. MTN Ghana and Sephaku released numbers. Vukile's acquisition in Spain is on hold due to floods. Sasfin released its take-private circular.
Ghost Bites
Ghost Bites (AfroCentric | Ascendis | Aspen | Motus | Pepkor | Shoprite)
On a bright red day on the local market, there were sharp negative moves for Aspen, Motus, Pepkor and Shoprite in response to announcements. AfroCentric also didn't escape the pain. Ascendis also released results.
Ghost Bites
Ghost Bites (Finbond | KAP | Murray & Roberts | Northam Platinum | Truworths)
Truworths released poor numbers. Something seems to be brewing at Finbond. Most of KAP's businesses are underperforming. Murray & Roberts and Northam Platinum gave themselves more balance sheet flexibility.
