Tag:
Rebosis
Ghost Bites
Ghost Bites (BHP | Bytes | Insimbi | Pick n Pay | Schroder Real Estate | Sirius Real Estate)
It's showtime for the Pick n Pay rights offer. Sirius had a successful capital raise. Schroder's property values ticked higher. The market hated the Bytes update. BHP is putting Western Australia Nickel under care and maintenance. Insimbi released their circular.
Ghost Bites
Ghost Bites (Adcorp | African Media Entertainment | AYO | Brikor | Crookes Brothers | Dis-Chem | Finbond | Gemfields | Huge | Insimbi...
A very busy day of news featured Dis-Chem, Nedbank and Lewis Group as the headline acts, with important updates from Adcorp, AME, AYO, Brikor, Crookes Brothers, Finbond, Gemfields, Huge, Insimbi and Trustco as well.
Ghost Bites
Ghost Bites (Quilter | The Foschini Group)
Quilter's strategy to attract client flows is working, with distribution as a key element of success in the asset management industry. The Foschini Group released uninspiring sales numbers, but the market liked them anyway.
Ghost Bites
Ghost Bites (AYO Technology | British American Tobacco | Gemfields | Metair | Nedbank | Rebosis | Schroder Real Estate | Texton | Tharisa...
The biggest news of the day was British American Tobacco's impairment and outlook, which drove a 10% drop in the share price. A number of other companies released updates as well.
Ghost Bites
Ghost Bites (Ascendis | Ethos Capital | Grand Parade | Old Mutual | Rebosis | York Timber | Wesizwe Platinum)
Ascendis may go private, but don't get excited. Brait is letting Ethos down. Grand Parade is focused on gaming. Old Mutual on the wrong end of savings culture. Rebosis sells properties at a discount. York gives tighter guidance. Wesizwe is in serious trouble.
DealMakers
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
Ghost Bites (Bowler Metcalf | Coronation | Orion Minerals | Sanlam | Santam | Shoprite | The Foschini Group)
It was a big day for retail updates, with Shoprite and The Foschini Group being the big news. We also saw updates from Bowler Metcalf, Coronation, Orion Minerals, Sanlam and Santam.
Ghost Bites
Ghost Bites (Master Drilling | Nampak | Sibanye-Stillwater | Super Group | Thungela | Transpaco)
It's a day of extremes. Master Drilling is doing well in the mining industry and Sibanye isn't. Nampak needs money from shareholders whereas Transpaco is rewarding shareholders. Super Group released great numbers. Thungela closed the Aussie deal.