Tag:
Schroder
Ghost Bites
Ghost Bites (Afrimat | Attacq | Barloworld | Burstone | Capitec | Emira | EOH | HCI | Heriot | Netcare | RCL Foods...
On an exceptionally busy day of news, we saw many property updates. There was also big stuff from Barloworld, EOH, Netcare and Spar, amongst others.
Ghost Bites
Ghost Bites (Anglo American Platinum | Datatec | Merafe | Oceana | Orion | Richemont | Schroder)
Richemont took a nasty knock based on poor sales in the Americas. Amplats released ugly numbers. Merafe had lower production. Oceana's US subsidiary refinanced debt. Orion has drawn down on its debt. Updates from Datatec and Schroder as well.
Ghost Bites
Ghost Bites (Accelerate | Bell Equipment | Blue Label Telecoms | Equites | Remgro | Resilient | Schroder | Sibanye-Stillwater | Steinhoff)
Solid earnings out of Bell Equipment, while property funds (Accelerate and Schroder) are under pressure, with Equites selling properties below NAV. Resilient has been quite resilient. Cell C needs a new CEO, Remgro needs buybacks and Steinhoff needs a miracle.
