Sunday, April 20, 2025
Tag:

Mustek

Weekly corporate finance activity by SA exchange-listed companies

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

GHOST BITES (CMH | Purple Group)

CMH is running out of gears in a disrupted automotive industry. Purple Group is now on the right part of the J-curve, evidenced by the latest numbers.

Who’s doing what this week in the South African M&A space?

Weekly summary of Merger & Acquisition activity by South African companies

GHOST BITES (FirstRand | Grindrod | Lesaka Technologies | Lighthouse | MTN | Mustek | Sanlam)

FirstRand and Sanlam released strong financial services sector numbers. Lighthouse is acquiring a property in Madrid and Lesaka completed the Recharger acquisition. MTN Uganda released terrific numbers. Grindrod had a tough year. I still don't know why Novus wants Mustek.

Weekly corporate finance activity by SA exchange-listed companies

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

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.

GHOST BITES (African Rainbow Minerals | Anglo American | Curro | Grindrod | NEPI Rockcastle | Redefine)

African Rainbow Minerals is a victim of the cycle. Anglo American has locked in a long-term deal with the Botswana government for De Beers. Curro is struggling to fill its schools. Grindrod, NEPI Rockcastle and Redefine all delivered financial updates.

GHOST BITES (Attacq | AVI | Rainbow Chicken | Renergen | Shoprite | Tiger Brands | Woolworths)

Attacq saw the two-pot benefit at the end of 2024. Woolworths didn't, with another poor apparel performance. Shoprite remains a growth juggernaut. AVI extracted profit growth from muted revenue growth. Rainbow Chicken's profits are much higher. Tiger sold out of Chile. Renergen issued shares at depressed prices.
Verified by MonsterInsights