Tag:
Shoprite
Ghost Bites
GHOST BITES (Blue Label | Gold Fields | MTN | Sanlam | Stefanutti Stocks | Telkom)
Sanlam's great momentum continues. Telkom is looking strong. MTN's African troubles keep stinging. Blue Label has dived further into Cell C. Gold Fields and Stefanutti Stocks also released updates.
Ghost Bites
GHOST BITES (Bell Equipment | Coronation | Zeder)
Bell Equipment's weak second half will cause nerves among investors who missed out on the take-private offer. Coronation's B-BBEE deal is devoid of creativity. Zeder has flagged a worrying outlook.
Ghost Bites
GHOST BITES (Altron | Equites | Lighthouse | Mantengu Mining | Newpark REIT | Sibanye-Stillwater | Tharisa)
Sibanye-Stillwater dropped sharply after a bad day in court. Property news came in from Equites, Lighthouse and Newpark REIT. Mantengu Mining and Tharisa gave property and chrome updates, while Altron has achieved a major uptick in earnings.
Ghost Bites
Ghost Bites (African Rainbow Capital | Finbond | Gemfields | Kibo Energy | Life Healthcare | Metrofile | Oceana | Spear REIT)
Finbond announced a great deal in the US. African Rainbow Capital and Metrofile released numbers. Gemfields, Kibo Energy, Oceana and Spear REIT had important corporate or trading updates.
DealMakers
Who’s doing what this week in the South African M&A space?
Weekly summary of Merger & Acquisition activity by South African companies
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 (AfroCentric | Ascendis | Aspen | Motus | Pepkor | Shoprite)
On a bright red day on the local market, there were sharp negative moves for Aspen, Motus, Pepkor and Shoprite in response to announcements. AfroCentric also didn't escape the pain. Ascendis also released results.
Ghost Bites
Ghost Bites (BHP | Glencore | Merafe | Shoprite | Zeder)
Shoprite continues to grow at double digits. BHP has done a copper deal. Glencore needs a strong second half, as does Merafe. Zeder has announced another disposal.