Sunday, December 22, 2024
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Putprop

Ghost Bites (Burstone | Barloworld | CMH | Emira | FirstRand | Metair | Old Mutual | Safari)

On an extremely busy day of news, we saw updates from property groups Burstone, Emira and Safari, along with difficulties at Barloworld, CMH and Metfair. In financial services, both FirstRand and Old Mutual had important news, along with numerous other companies in the Nibbles section.

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 (Finbond | KAP | Murray & Roberts | Northam Platinum | Truworths)

Truworths released poor numbers. Something seems to be brewing at Finbond. Most of KAP's businesses are underperforming. Murray & Roberts and Northam Platinum gave themselves more balance sheet flexibility.

Weekly corporate finance activity by SA exchange-listed companies

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

Ghost Bites (African Rainbow Minerals | Alphamin | Gold Fields | Grindrod)

African Rainbow Minerals suffered a sharp drop in earnings. Alphamin released detailed financials for Q2. Gold Fields needs a far better second half. Grindrod struggled in the Logistics business.

Weekly corporate finance activity by SA exchange-listed companies

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

Ghost Bites (Ethos | Hyprop | Invicta | Jubilee | Kore Potash | Orion Minerals | PBT Group | PPC | Prosus – Naspers...

eCommerce is profitable at Naspers and Prosus. Ethos is unbundling Brait. Look out for numbers at Hyprop, Invicta, PBT Group, PPC and RCL Foods, as well as corporate news at Jubilee, Kore Potash and Orion Minerals.

Weekly corporate finance activity by SA exchange-listed companies

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