Tag:
Italtile
Ghost Bites
GHOST BITES (Italtile | Nictus | Sibanye-Stillwater | Transaction Capital)
Italtile's share price momentum makes no sense to me. Sibanye-Stillwater has pulled off a sensible uranium deal. Transaction Capital's results are delayed. Nictus had a terrific year thanks to investment income.
Ghost Bites
GHOST BITES (Capital Appreciation | Exxaro | Fortress | Lighthouse)
Capital Appreciation's software division is a headache. Exxaro is having a tough year. Life-after-REIT looks great for Fortress. Lighthouse is finding things more competitive than before in Iberia.
Ghost Bites
GHOST BITES (Anglo American – Amplats | Equites | FirstRand | HCI | KAL Group | Life Healthcare | Pepkor | Purple | Shaftesbury...
Equites, FirstRand, HCI, KAL Group, Life Healthcare, Pepkor, Purple, Shaftesbury, Stefanutti Stocks and Zeda all gave important earnings updates. Anglo American is selling down 6% in Amplats. Vodacom and Remgro are appealing the Maziv decision.
Ghost Bites
GHOST BITES (Astral Foods | Impala Platinum | Lewis | Santova | Tiger Brands)
Astral Foods and Lewis have a much better story to tell. Tiger Brands only has modest profit growth, but that's still better than Santova coming off the boil. Impala Platinum's production fell in the first quarter.
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 (Calgro M3 | Datatec | Jubilee Metals | Richemont | Sirius Real Estate)
Calgro M3 and Datatec released excellent trading statements. Sirius Real Estate is also doing pretty well. Jubilee Metals pulled the trigger on the Project G deal. Richemont is hoping that YOOX will work better with different owners.
DealMakers
Weekly corporate finance activity by SA exchange-listed companies
Weekly summary of corporate finance activity by South African exchange listed companies
Ghost Wrap
Ghost Wrap #78 (Italtile | ADvTECH and STADIO | Harmony)
Italtile had a better second half as expected, but new risks have emerged. ADvTECH and STADIO have shown us that private education can be lucrative, provided the business model is right. Harmony got its gold production sorted at exactly the right time.
