Tag:
Oando
Ghost Bites
GHOST BITES (Copper 360 | Sappi | Sasol | Sea Harvest | Sirius Real Estate)
Sasol's earnings are down, which isn't a surprise. Sappi had a strong quarter but the next one won't be nearly as good. Sea Harvest's adjusted HEPS is slightly down. Sirius bought another property. Copper 360 has moved to hard rock.
Ghost Bites
GHOST BITES (Capitec | Gemfields | Nampak | Spar | Truworths)
Capitec keeps on pumping. Truworths released awful local numbers. Nampak achieved another turnaround milestone. Spar has gotten rid of Poland at last. Gemfields desperately needs things to improve.
Ghost Bites
GHOST BITES (Cashbuild | Sasol | Super Group)
Positive momentum continues at Cashbuild. The same definitely cannot said for Sasol, where they are struggling. Still, those problems pale in comparison to what Super Group is dealing with.
Ghost Bites
GHOST BITES (ArcelorMittal)
The year is off to a poor start for local business sentiment, with ArcelorMittal finally making the tough decision to pull the plug on the Longs business amid mounting losses.
Ghost Bites
GHOST BITES (African Rainbow Capital | Jubilee Metals | Metair | Orion | Sirius | Transaction Capital)
Tyme Group's Series D raise is extremely encouraging for ARC. Metair got out of Turkey just in time. Sirius Real Estate has acquired property in Germany. Jubilee Metals is struggling with power in Zambia. Transaction Capital finalised the Road Cover disposal.
Ghost Bites
GHOST BITES (AECI | Altron | Anglo American | Collins | Discovery | enX | Exemplar | MTN | Oando | Redefine)
Altron has staged quite the comeback. Redefine's numbers aren't telling a great story. AECI and Anglo American have news on asset disposals. Collins, enX, Exemplar, MTN Uganda and Oando all released numbers. Discovery gave an interesting presentation to debt holders.
Ghost Bites
GHOST BITES (Balwin | Coronation | Delta Property Fund | Gold Fields | Mantengu Mining | Pick n Pay | PPC | Renergen |...
Balwin and Pick n Pay are both suffering, the latter more than the former. Gold Fields finished a deal in record time. PPC seems to be on the up. Renergen finds itself in an awkward spot. Look out for Coronation, Delta Property Fund, Mantengu Mining and Southern Palladium as well.
Ghost Bites
Ghost Bites (Brimstone – STADIO | Clientele | Delta | Lesaka | Powerfleet)
Lesaka has closed the all-important Adumo deal. Powerfleet closed the Fleet Complete deal. Clientele is considering an acquisition. Brimstone has sold its STADIO shares. Delta is selling two properties.
