Posts Tagged: Spear REIT
Renergen secures a strategic investor
It hasn’t been a secret: Renergen has needed to find a funding solution to fully develop the exciting Virginia Gas Project. Instead of a rights offer, Renergen has found a strategic investor. Ivanhoe Mines (listed
Caxton: a deal-in-a-box
Caxton and CTP Publishers and Printers Limited (simply known as “Caxton” in the market) has announced a R90 million acquisition.
Alphamin keeps winning with tin
Alphamin Resources produces 4% of the world’s mined tin at its mine in the Democratic Republic of Congo. The company has provided an operational update for the quarter ended March 2022. The great news for
A Boone for Pick n Pay
You’re familiar with the saying “the bane of my life” but you may not be aware that the opposite is a “boon” – and recently appointed Pick n Pay CEO Pieter Boone seems to be enjoying his early days with the company, as the latest results look pretty good.
MTN clarifies situation in Nigeria
The good news is that MTN has released a SENS announcement clarifying the situation in Nigeria. The bad news is that the media reports on the issue came out a day prior, so there was a full trading session of carnage in the share price before MTN steadied the ship.
EOH plugs more debt holes
EOH rallied over 3% yesterday as the market continued to push the price higher off the back of momentum in selling assets and reducing debt, along with improved profitability in the underlying operations
BHP Woodside: locals must watch from a distance
Like many large mining groups, BHP is in the process of moving away from fossil fuels. Thungela, the coal business unbundled from Anglo American in 2021, is an excellent (but perhaps extreme) example of the opportunities this can create
Sirius signs off on a terrific year
Industrial property fund Sirius has released a trading update for the year to March 2022. The share price is up around 24% over the past 12 months but has shed 23% in 2022 as the
Purple Group: EasyEquities profit growth stalls
Any earnings release by Purple Group is guaranteed to get people excited on Twitter. As the controlling shareholder in Easy Equities, Purple is largely responsible for creating an entire cohort of new retail investors in South Africa.
Life’s EBITDA margin is a mixed bag
Life Healthcare has released a voluntary trading update for the six months to March 2022. This covers the first half of the 2022 financial year.