Tag:
Conduit Capital
Ghost Bites
GHOST BITES (Bell Equipment | Netcare | Novus | Orion Minerals | MultiChoice | Safari Investments | Telkom)
MultiChoice has rug pulled its B-BBEE investors. Bell Equipment is way off its offer price and earnings are dropping. Telkom and Netcare are both growing. Safari Investments is exiting Namibia. Novus and the TRP aren't friends. Orion released its long-awaited DFS for both major assets.
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 (African Rainbow Minerals | Exxaro | Putprop | Rainbow Chicken)
Rainbow Chicken is definitely the good news story of the day, with Putprop also moving in the right direction. African Rainbow Minerals is getting dragged down by PGMs. Exxaro has been impacted by cost pressures.
Ghost Bites
GHOST BITES (AfroCentric | Fortress | Harmony Gold | Impala Platinum | KAP | Life Healthcare | Motus | MTN | OUTsurance | Sanlam...
Earnings updates came through from AfroCentric, Fortress, Harmony Gold, Impala Platinum, KAP, Motus, MTN, OUTsurance, Sanlam, Shaftesbury, Spar and Truworths. Life Healthcare released the LMI disposal circular.
DealMakers
Weekly corporate finance activity by SA exchange-listed companies
Weekly summary of corporate finance activity by South African exchange listed companies
Ghost Bites
GHOST BITES (Harmony Gold | Merafe | Pepkor | Schroder European Real Estate | Super Group | Vodacom)
Harmony is on track to exceed full year production guidance (JSE: HAR)
This is what the market likes to see
Harmony Gold has updated the market...
Ghost Bites
GHOST BITES (BHP Group | PPC | Richemont | Sirius Real Estate)
Richemont rallied after an excellent quarter. BHP Group has closed a copper deal. PPC is investing heavily in the Western Cape. Sirius Real Estate successfully tapped the debt markets.
Ghost Bites
GHOST BITES (Bidvest | Gemfields | KAP | Pan African Resources | Transaction Capital)
Bidvest is selling Bidvest Bank and other financial services businesses. Transaction Capital needs thing to improve at Nutun. Pan African Resources is shining brightly. KAP may finally be catching a break. Gemfields had a decent ruby auction.
