Ghost Bites
Ghost Bites (Mahube Infrastructure | MC Mining | MTN Uganda | Remgro | SA Corporate Real Estate | Texton | York Timber)
Mahube Infrastructure has released the offer circular - and the price is below the fair value range. MTN Uganda keeps doing well. Remgro's trading statement is encouraging. Other updates came in from MC Mining, SA Corporate Real Estate, Texton and York Timber.
Ghost Bites
Ghost Bites (MTN Rwanda | Resilient REIT | Sanlam | Standard Bank | Woolworths)
Growth in Africa is visible at Standard Bank and MTN Rwanda. Woolworths has a new CEO - and it's an internal appointment this time. Resilient REIT achieved double-digit dividend growth. Sanlam's results are complex.
Ghost Bites
Ghost Bites (Alphamin | Harmony Gold | HCI and Deneb | Growthpoint | Metair | OUTsurance | Rainbow Chicken | Supermarket Income REIT)
Harmony Gold, Growthpoint, OUTsurance and Rainbow Chicken were the big names releasing results on the day. Alphamin could have a strong year in 2026. Metair is still struggling. HCI and Deneb are selling non-core properties. Supermarket Income REIT is a game of inches.
Ghost Bites
Ghost Bites (Absa | Attacq | Burstone | CA Sales | Hyprop | Trellidor | Weaver)
Absa is dong very well at the moment, while Weaver Fintech is screaming up the J-curve. Attacq, Burstone and Hyprop bring you updates from the property sector. CA Sales has delivered a positive earnings surprise. Trellidor is in a very tough spot.
Ghost Bites
Ghost Bites (AVI | Choppies | Harmony Gold | Mpact | Pan African Resources | Santam | Southern Sun | Merafe | Sun International)
A busy day of earnings updates saw AVI, Mpact, Santam and Sun International give us a view on primarily the South African economy. Choppies has problems in Botswana. Harmony Gold gave an idea of earnings growth, while Pan African Resources is pressing forward in Australia. Southern Sun's deal for the Sandton properties has fallen through.
Ghost Bites
Ghost Bites (African Rainbow Minerals | CA Sales | Grindrod)
PGMs carried African Rainbow Minerals through the latest period. At Grindrod, the Port and Terminals segment has more than offset the pressure in Logistics. CA Sales announced a bolt-on acquisition in South Africa.
Ghost Bites
Ghost Bites (ADvTECH | FirstRand | Greencoat Renewables | Impala Platinum | Sanlam | STADIO)
Education sector duo ADvTECH and STADIO are showing excellent growth. FirstRand's improvement in certain metrics is extraordinary. Sanlam's numbers are complex. Impala Platinum can be grateful for PGM prices. Greencoat Renewables is embarking on major share buybacks.
Ghost Bites
Ghost Bites (AfroCentric | Cashbuild | Labat Africa | Libstar | Lighthouse Properties | Quilter | Sanlam | Woolworths)
Woolworths is putting up a good fight in the retail market. Quilter is extracting growth from the UK market, while Cashbuild has found a way to improve margins. Lighthouse is delivering decent returns. Sanlam is investing billions in ARC. Look out for AfroCentric numbers, a Libstar Capital Markets Day announcement and a deal at Labat Africa.
