Tag:
jse
Ghost Bites
GHOST BITES (Bell Equipment | Metair | Metrofile | Zeder)
Metair released its annual report - but there's a key disclosure that I just can't find. Metrofile has caught the eye of a potential buyer. Zeder is disposing of some African businesses. Bell Equipment tightened its earnings guidance.
Ghost Bites
GHOST BITES (AfroCentric | Aspen | Bidvest | Clientele | Italtile | JSE | MAS | Metrofile | MTN | Mustek | PPC |...
Aspen, MTN Ghana, PPC, RCL Foods and Santam all had particularly good stories to tell, with Clientele, JSE and MAS in the green as well. Bidvest was a mixed bag in 2024. Italtile pulled off a resilient performance in the end. AfroCentric released very poor numbers, with Metrofile and Mustek also deep in the red.
DealMakers
Raising equity on the JSE
Equity raises often succeed when a company presents a robust acquisition pipeline and a proven track record of executing accretive acquisitions effectively.
Ghost Bites
Ghost Bites (Discovery | Glencore | JSE | MTN | Quilter)
MTN is now severely loss-making. Glencore is keeping its coal and carbon steel assets. Quilter is going from strength to strength. The JSE's margins are under pressure. Discovery is restructuring Vitality.
Ghost Wrap
Ghost Wrap #75 (MTN’s African subsidiaries | ArcelorMittal | Curro)
MTN's African subsidiaries are further evidence that using "Africa" as an umbrella term is dangerous. Speaking of danger, operating leverage at ArcelorMittal is a massive concern. Curro is clawing its way back to pre-pandemic earnings.
Ghost Wrap
Ghost Wrap #74 (Balwin | British American Tobacco | Mr Price | Vodacom)
What does Balwin's push into rentals mean for the investment case? How are British American Tobacco's New Categories performing? Is Mr Price growing in the core business? And is Vodacom managing to grow? Find out in Ghost Wrap, brought to you by Forvis Mazars.
Ghost Wrap
Ghost Wrap #72 (KAP | Sephaku Holdings | ArcelorMittal | Nampak)
Get the latest on KAP's performance, Sephaku's positioning for the GNU Dawn, ArcelorMittal as a risky (but interesting) punt and Nampak as a turnaround story that is on a solid footing.
Ghost Stories
Ghost Stories #37: Investing in Private Credit
Ready to learn about private credit? This podcast brings tons of experience to the table, with Reginald Labuschagne and Harris Gorre talking to everything from capital allocation through to private credit opportunities.
