Ghost Bites
Ghost Bites (Dipula Properties | Equites Property Fund | Nutun | Universal Partners)
Dipula Properties shows us that there's money to be in made in property in the northern provinces of our country. Equites Property Fund is bringing capital home from the UK and investing it here. Nutun is still in a loss-making position. Universal Partners has a hit-and-miss portfolio.
Ghost Bites
Ghost Bites (Bytes | Canal+ | MAS | MTN | Octodec | Prosus | Spear REIT)
The market has gone cold on Prosus. MTN is the beneficiary of much better macroeconomics in Africa. Canal+ is inward listing on the JSE in June, but will they find support? Bytes Technology has a lot of work to do. In property, MAS is looking to offload some malls, while Spear REIT showed us how profitable buy-and-flip can be. Octodec's interim growth needs to be considered carefully.
Ghost Bites
Ghost Bites (Balwin | Boxer | Prosus | Raubex | Redefine Properties | Vodacom)
Boxer is flying - and taking Pick n Pay with it. Vodacom has a great growth story at the moment. Prosus has sold more of the Delivery Hero stake. Look out for important numbers from Balwin, Raubex and Redefine Properties as well.
Ghost Bites
Ghost Bites (AngloGold | Greencoat Renewables | Pan African Resources | Sea Harvest | The Foschini Group)
AngloGold's free cash flow almost tripled year-on-year, while sector peer Pan African Resources is making progress on its deal in Australia. The Foschini Group's Australian story is becoming meme-worthy, with the group in trouble. Sea Harvest is officially out of Ladismith Cheese. Greencoat Renewables released quarterly numbers.
Ghost Bites
Ghost Bites (Altron | Datatec | Gold Fields | Lesaka Technologies | Life Healthcare | Sappi | Southern Sun)
Altron, Datatec, Gold Fields, Lesaka Technologies and Southern Sun all have good news stories to tell. The same certainly can't be said for Sappi, where shareholders are facing disaster. At Life Healthcare, the latest period was a disappointment for the market.
Ghost Bites
Ghost Bites (DRDGOLD | Jubilee Metals | Sibanye-Stillwater | Quantum Foods)
Sibanye-Stillwater's quarterly update tells a story of rapid growth in earnings across the group. DRDGOLD's quarterly update is promising. Jubilee Metals is ramping up its copper production, but guidance is being revisited. Quantum Foods overcame a period of egg price deflation and grew earnings strongly.
Ghost Bites
Ghost Bites (AB InBev | MC Mining)
AB InBev's beer volumes increased this quarter, giving the market a positive surprise and leading to a jump in the share price. MC Mining also had a good day, confirming that the final subscription amount by Kinetic Development Group is in the bank.
Ghost Bites
Ghost Bites (KAL Group | Metair | Pick n Pay | Vodacom)
Vodacom released an excellent trading statement. KAL Group is achieving double-digit growth. Pick n Pay is using a s189 to try and reduce store costs. Metair has refinanced its South African debt package.
