Tag:
South Ocean Holdings
Ghost Bites
GHOST BITES (Choppies | Investec | Momentum | Shaftesbury | South Ocean Holdings)
Investec's UK business dragged down the group numbers. Shaftesbury is selling part of its Covent Garden stake. Momentum had an exceptional period. Choppies is doing well and South Ocean Holdings certainly isn't.
Ghost Bites
GHOST BITES (Assura – Primary Health Properties | AVI | Merafe | Mpact | Sun International | Texton)
AVI remains the operating leverage champion. Sun International had a great end to 2024. Mpact's Plastics business had an ugly year and so did Merafe. Texton is sitting on quite a cash pile. Suitors are circling Assura - including Primary Health Properties.
Ghost Bites
GHOST BITES (African Rainbow Minerals | Exxaro | Putprop | Rainbow Chicken)
Rainbow Chicken is definitely the good news story of the day, with Putprop also moving in the right direction. African Rainbow Minerals is getting dragged down by PGMs. Exxaro has been impacted by cost pressures.
Ghost Bites
Ghost Bites (Astoria | Exxaro | Gold Fields | Jubilee Metals | Orion Minerals | Sappi)
Exxaro, Gold Fields, Jubilee Metals and Orion Minerals all released updates on a busy day. Sappi was a good opportunity for digging into earnings calculations. Astoria has released its latest NAV.
Ghost Bites
Ghost Bites (African Rainbow Capital | Caxton – Cognition | Exxaro | MC Mining | Resilient | Standard Bank)
Standard Bank had a great year in 2023. African Rainbow Capital is looking better, for the most part. Look out for Caxton's deal with Cognition, as well as Exxaro, MC Mining and Resilient.
Ghost Bites
Ghost Bites (Attacq | Heriot | HomeChoice | IndluPlace | Labat Africa | Old Mutual)
Attacq declares an interim dividend, as does Heriot (admittedly a less exciting one). HomeChoice posts a big jump in HEPS. Indluplace is set to be taken private. Labat Africa is still loss-making. Old Mutual HEPS grows by 10%.
