Tag:
Orion Minerals
Ghost Bites
GHOST BITES (Impala Platinum | Santam)
Impala Platinum's earnings have nosedived. Santam had already enjoyed a strong interim period and it looks like things got even better in the second half of the year.
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 (Glencore | Kore Potash | Sirius Real Estate)
Glencore's 2024 production and commodity pricing numbers reveal the recent pressure on the business and the sector. Kore Potash is fully focusing on raising funding. Sirius Real Estate is a good example of different debt strategies.
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.
DealMakers
Weekly corporate finance activity by SA exchange-listed companies
Weekly summary of corporate finance activity by South African exchange listed companies
Ghost Bites
GHOST BITES (Adcorp | AB InBev | MTN | Oceana | Pan African Resources | Renergen)
Adcorp's restructuring costs hit their profits. AB InBev's volume growth is mainly in no-alcohol beers. Pan African Resources delivered a great project. MTN Nigeria is still struggling. Oceana had a disappointing second half of the year. Renergen is pushing on through challenges.
Ghost Bites
GHOST BITES (Coronation | enX | Salungano | Shoprite | Trematon | Vodacom | Vunani)
Shoprite's sales update was the news of the day, with Coronation, enX, Salungano and Vunani all releasing numbers. The Comp Comm has prohibited the Vodacom fibre deal with Remgro. Trematon released the Aria disposal circular.
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.
