Tag:
Transcend Residential Property Fund
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 (Coronation | Finbond | Gemfields | Merafe | Reinet | Santova | Tiger Brands)
Tiger Brands is dropping its CEO. Coronation gave an AUM update. Finbond and Santova released numbers, while Merafe gave a production update. Gemfields gave a summary of share buybacks.
Ghost Bites
Ghost Bites (Anglo American | Ellies | Newpark REIT | PSG Financial Services | Sirius | Tharisa | Transcend – Emira | Trustco)
Anglo gives details on the crop nutrients business. Ellies delays the circular (again). Newpark and PSG both releases strong numbers. Sirius recycled capital. Tharisa updated the market on Karo. Transcend shareholders approved the deal. Trustco is doing Trustco things.
Ghost Bites
Ghost Bites (Emira + Transcend | Libstar | Sibanye | Transpaco)
Emira wants to take Transcend private and won't be paying a premium to the current price. Libstar and Sibanye have both suffered significant earnings drops, while Transpaco is headed in the right direction.
Ghost Bites
Ghost Bites (Bidvest | MultiChoice | Transcend Residential)
There weren't many updates on Thursday on the JSE, but there were a couple that really counted. Bidvest and MultiChoice are whistling two different tunes at the moment.
Ghost Bites
Ghost Bites (Adcorp | Brikor | Exemplar | Redefine | Steinhoff | Transcend Residential Property Fund | Zeda)
Adcorp got the market excited with news of a special dividend and Zeda took a knock from lack of a dividend. Brikor, Exemplar, Redefine, Steinhoff and Transcend all released updates.
Ghost Bites
Ghost Bites (Finbond | ISA Holdings | Mahube Infrastructure | Pan African Resources | Quantum Foods | Texton | Tradehold | Transcend Residential Property...
Earnings at Quantum Foods and a production guidance decrease at Pan African Resources were arguably the biggest stories on a day that included news from a few small caps on the local market.
Ghost Bites
Ghost Bites (AECI | BHP | Buka | City Lodge | Libstar | Old Mutual | Royal Bafokeng Platinum | Spur | Steinhoff)
Amongst a few important earnings updates, the details in the City Lodge earnings are important to read. Also look out for pricing power insights in Libstar and a drop in HEPS at Royal Bafokeng. Also, Spur is trading strongly!
