Tag:
Walmart
Consumer and Retail
Massmart shareholders say yes to Walmart
Shareholders are advised that at the General Meeting held today, Friday, 21 October 2022, convened to consider and approve the Scheme Resolution and the Delisting Resolution, all of the resolutions tabled were approved by the requisite majority of Massmart Shareholders present or represented by proxy and entitled to vote thereon.
Sponsored
Massmart has posted the Walmart circular
Holders of Massmart ordinary shares (“Ordinary Shareholders”) are referred to the joint firm intention announcement published by Massmart and Walmart on 1 September 2022 (“Firm Intention Announcement”) regarding a proposed offer
Chris Gilmour
Retail review: Woolworths | Truworths | Massmart
Retail analyst Chris Gilmour weighs in on the recent results from Massmart, Woolworths and Truworths, as well as the offer from Walmart to take Massmart off the market.
Consumer and Retail
Potential offer by Walmart to acquire all outstanding shares in Massmart
Walmart is considering a potential offer of R62 per share for the remaining shares in Massmart, which would see the company turnaround strategy executed away from the public eye.
Consumer and Retail
Massmart proves that bad can get worse
Massmart's trading update is just horrible. It's becoming increasingly difficult to see a way out of this mess for the group.
Consumer and Retail
Defensive stocks? Be careful.
People talk about "defensive stocks" as though they can withstand anything. When it comes to retailers and margin mix, I'm afraid that just isn't true. Ask Walmart shareholders.
Global
Markets update: recession stocks and opportunities
I joined Nastassia Arendse on SABC News to discuss stocks that I wouldn't want to own in a recession, where I'm seeing some value in the market and how US banking regulators are sucking liquidity out of the system
