Posts by: Dominique Olivier
Equites unlocks UK capital
JSE-listed property fund Equites has a partnership with Newlands Property Developments LLP in the UK. This partnership has a development pipeline of around GBP1 billion over the next five years, which is gigantic. The money
Tongaat: a horror story
You may need a strong coffee to get through this update in one piece. If you feel like helping Tongaat out of its sticky situation, you may want to add sugar to it. Tongaat primarily
Old Mutual’s old-school B-BBEE deal
There’s a new B-BBEE transaction on the horizon. Old Mutual has announced a R2.8 billion deal that will see the company’s Black shareholding increase by more than 400bps to take the ownership percentage to over
Cashbuild’s revenue drops 10% in the latest quarter
Cashbuild has released an update for the third quarter of the 2022 financial year.
Mark Cutifani bids farewell at Anglo American
After nine years in the hot seat, Mark Cutifani has stepped down as the CEO of Anglo American. To mark the occasion, the company released the full transcript of the prepared remarks at the AGM.
A red day for Anglo
In a classic case of commentator’s curse, I wrote yesterday about how outgoing CEO Mark Cutifani is bidding farewell to Anglo American on a high note.
Unlock the Stock: Mpact Limited and TWK Investments
Mpact and TWK sit at the heart of our economy. Learn more about these companies with Unlock the Stock.
Kaap Agri is on track with targets
The Kaap Agri share price has been trending down recently, having shed nearly 11.5% of its value thus far in 2022.
MAS plans to deepen exposure to Romania
has a chunky R15.6 billion market cap and is up around 2.7% in 2022, a modest increase. Over the past 12 months, the share price is up around 26.5%.
Standard Bank flew the flag this quarter
Standard Bank provides quarterly information to the Industrial and Commercial Bank of China Limited (ICBC), which means the broader market gets a quarterly update as well. In this case, it covers the three months ended March 2022
UFC: The business of bliksem
As South Africa celebrates Dricus du Plessis as our new world champion, Dominique Olivier delves into the history of the UFC. Predictably, it’s incredibly interesting.
Ghost Bites (Afrimat | Attacq | Brimstone – Sea Harvest | Datatec | Pan African Resources | Reinet | South32)
Sea Harvest announced a major deal to acquire parts of the Terrasan business, with a knock-on impact for Brimstone as well. Afrimat also released an M&A update. Look out for numbers from Attacq, Pan African Resources, South32 and others.
Ghost Bites (Ascendis | Fortress | Novus)
The Ascendis story has taken another turn. Fortress got strong approval for the scheme to sort out its share class structure. Novus has been busy with share buybacks.
Ghost Bites (BHP | Kore Potash | Motus | Richemont)
Richemont blew the market away with a positive surprise. Motus’ earnings are way down, but this was expected. BHP has a few production headaches. Kore Potash is still hanging on for that EPC contract.
Ghost Bites (Grindrod | Kibo Energy | Ninety One | Trustco)
Grindrod has great news to report from the Maputo Port. Kibo Energy is trying hard to keep investors interested. Ninety One’s AUM ticked higher. Trustco is doing some odd-looking things.
Ghost Wrap #59 (Merafe | Pick n Pay | Frontier Transport | Tharisa + Northam Platinum)
In the first Ghost Wrap podcast of 2024, I covered the latest from Merafe, Pick n Pay, Frontier Transport and PGM duo Tharisa and Northam Platinum.
Ghost Bites (Metair | Northam)
Metair has appointed a new CEO to help stabilise the company after a terribly unlucky period. Northam has significantly increased production, especially in third party purchases.
Boeing, Boeing, gone!
With Boeing in the news again for all the wrong reasons, Dominique Olivier shows the dark side of M&A and how the quest to cut costs can lead to tragedies.
Ghost Bites (Frontier Transport | Merafe | Sappi | Schroder European Real Estate | Tongaat)
Frontier Transport announced a special dividend. Merafe signed off on 2023 production. Sappi shuts the Lanaken Mill in Belgium. Schroder property valuations move lower. Tongaat creditors approved the plan.
Ghost Bites (Efora Energy | Kibo Energy | Pick n Pay | Tharisa)
Tharisa achieved a solid quarter of production. Sean Summers has made significant leadership changes at Pick n Pay. Kibo Energy issued a lot of shares to a lender. Efora Energy is suspended from trading but has acquired a property.
