Tuesday, December 3, 2024
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DRA Global

GHOST BITES (AngloGold | Gold Fields | Grindrod | Lesaka | MultiChoice | Sappi | Truworths)

AngloGold released blockbuster results, but the joint venture with Gold Fields in Ghana remains delayed. Grindrod had to shut the Mozambique ports in the wake of election violence. Lesaka, MultiChoice, Sappi and Truworths all released numbers.

Weekly corporate finance activity by SA exchange-listed companies

Weekly summary of corporate finance activity by South African exchange listed companies

GHOST BITES (Bell Equipment | Coronation | Zeder)

Bell Equipment's weak second half will cause nerves among investors who missed out on the take-private offer. Coronation's B-BBEE deal is devoid of creativity. Zeder has flagged a worrying outlook.

Weekly corporate finance activity by SA exchange-listed companies

Weekly summary of corporate finance activity by South African exchange listed companies

GHOST BITES (Altron | Equites | Lighthouse | Mantengu Mining | Newpark REIT | Sibanye-Stillwater | Tharisa)

Sibanye-Stillwater dropped sharply after a bad day in court. Property news came in from Equites, Lighthouse and Newpark REIT. Mantengu Mining and Tharisa gave property and chrome updates, while Altron has achieved a major uptick in earnings.

GHOST BITES (Accelerate | Afrimat | DRA Global | Hammerson | Mondi | Schroder European Real Estate)

Accelerate Property Fund tries to sell Cherrylane - again (JSE: APF) Will they finally get it right? By now, Accelerate executives must feel sick at...

Ghost Bites (AVI | Bell | Capitec | Sun International | Trematon | Vukile | Wesizwe Platinum)

AVI, Bell, Capitec and Sun International all released earnings, while Trematon and Vukile delivered news of major M&A activity. Wesizwe Platinum gave an operational update.

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.
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