Tag:
Famous Brands
Ghost Bites
GHOST BITES (BHP | Dis-Chem | Finbond | FirstRand | Mondi | Sibanye-Stillwater | Sun International | The Foschini Group)
Dis-Chem released excellent results. The Comp Comm wants to prohibit Sun International's Peermont deal. FirstRand has legal issues in the UK, while TFG has bought another business there. Look out for BHP, Finbond, Mondi and Sibanye as well.
Ghost Bites
GHOST BITES (AB InBev | EOH | Famous Brands | Grindrod | Harmony | Nampak | Zeder)
AB InBev, Grindrod and Nampak announced major deals, while Zeder completed one. EOH and Famous Brands released results. Harmony is happy to see the back of a legacy contract.
Ghost Bites
Ghost Bites (Burstone | Barloworld | CMH | Emira | FirstRand | Metair | Old Mutual | Safari)
On an extremely busy day of news, we saw updates from property groups Burstone, Emira and Safari, along with difficulties at Barloworld, CMH and Metfair. In financial services, both FirstRand and Old Mutual had important news, along with numerous other companies in the Nibbles section.
Ghost Bites
Ghost Bites (African Rainbow Minerals | Alphamin | Gold Fields | Grindrod)
African Rainbow Minerals suffered a sharp drop in earnings. Alphamin released detailed financials for Q2. Gold Fields needs a far better second half. Grindrod struggled in the Logistics business.
Ghost Bites
Ghost Bites (Accelerate Property Fund | NEPI Rockcastle | Sasol)
Accelerate Property Fund is paying up for F&G to manage Fourways Mall. NEPI Rockcastle looks solid as ever. There's no final dividend at Sasol as they look to reduce debt.
Ghost Bites
Ghost Bites (ADvTECH | Aveng | DRDGOLD | Lighthouse | MTN Rwanda | Northam Platinum | Renergen | Transaction Capital)
ADvTECH has indicated strong earnings growth and now Aveng has given a range as well. DRDGOLD disappointed the market. Look out for numbers from Lighthouse, MTN Rwanda and Northam Platinum as well, with deal news at Transaction Capital and positive updates at Renergen.
Ghost Bites
Ghost Bites (Bowler Metcalf | Famous Brands | Gemfields | Nedbank | Orion | Sea Harvest)
Bowler Metcalf released great numbers, but the same can't be said for Famous Brands, Sea Harvest and Gemfields. Orion had a successful capital raise from retail investors. Nedbank's dispute with Transnet and the SIU is heating up.
Ghost Bites
Ghost Bites (Adcorp | Altron | Astral Foods | Balwin | Deneb | Famous Brands | Frontier Transport | Impala Platinum | Netcare)
Numbers came in from Adcorp, Altron, Astral Foods, Balwin, Deneb, Famous Brands, Frontier Transport and Netcare, while Impala Platinum announced a B-BBEE deal.
