Tag:
Santam
Ghost Bites
GHOST BITES (Quantum Foods | MultiChoice – Santam – Sanlam)
Quantum Foods achieved a substantial jump in earnings based on improved conditions in the poultry sector. Santam and Sanlam have implemented their deal related to MultiChoice's insurance business.
Ghost Bites
GHOST BITES (Delta Property Fund | Gemfields | Vukile Property Fund)
Gemfields needs to raise capital after things just didn't go their way in 2024. Vukile Property Fund is investing further in Portugal. Delta Property Fund is selling properties.
Ghost Bites
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
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 (AECI | Growthpoint | HCI | Nampak | Pick n Pay | Sanlam – Santam – MultiChoice | Spar | Tharisa |...
AECI, Growthpoint, HCI, Nampak, Spar, Tharisa, Transaction Capital and Trematon all released numbers to the market. Pick n Pay has confirmed the completion of its recapitalisation plan. Sanlam is partnering with Santam on the MultiChoice insurance deal.
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 (AVI | Bidcorp | Mantengu Mining | Metair | MultiChoice | Powerfleet | Premier | Quantum | Santam)
MultiChoice released terrible numbers. In contract, the likes of AVI, Bidcorp, Premier, Quantum and Santam are navigating difficult conditions successfully. Mantengu Mining is ramping up. Metair is a step closer to getting out of Turkey. Powerfleet's cost savings are paying off.
Ghost Bites
Ghost Bites (ADvTECH | Capitec | Kibo Energy | Trencor)
Capitec has released extraordinary results. ADvTECH is building a university in Sandton. Kibo Energy and Trencor have news on their futures.