Sunday, September 14, 2025

Ghost Bites (African Rainbow Minerals | Aveng | MAS | Nedbank | Sibanye-Stillwater | STADIO | Vodacom – Remgro)

The Prime Kapital parties almost have control of MAS. STADIO is growing strongly. Nedbank is selling Ecobank. Sibanye's earnings are up 19x year-on-year. Aveng's numbers are deeply in the red. African Rainbow Minerals bought more of Surge Copper. Vodacom and Remgro are nearly there with the fibre deal.

Ghost Bites (DRDGOLD | Growthpoint | Master Drilling | MTN Rwanda | Resilient | South32 | Standard Bank)

Resilient and Standard Bank both delivered double-digit growth. DRDGOLD is loving the gold price. Growthpoint sold its stake in NewRiver. MTN Rwanda is flying. Master Drilling gave a wide earnings range. South32's Mozal Aluminium is in serious trouble.

Ghost Bites (Capitec | Grindrod | KAP | Lighthouse | Nedbank | Truworths)

Capitec just doesn't stop growing, but Nedbank is acquiring iKhokha to try get a slice of the action. Truworths has suffered a earnings knock, with SA looking especially weak. KAP is doing worse than expected. Grindrod's core earnings are flat. Lighthouse's dividend is up.

Ghost Bites (ADvTECH | Jubilee Metals | Merafe | Primary Health Properties – Assura | Sasol | Sirius Real Estate | Weaver)

Sasol's trading statement got the market excited, while Weaver's numbers got me excited! Primary Health got the Assura deal across the line. Sirius Real Estate has done a large deal in the UK. ADvTECH put out strong numbers, while Merafe is really struggling. Jubilee Metals sent out the circular for the PGM and chrome disposal.

Ghost Bites (Gemfields | Impala Platinum | Italtile | MTN Uganda | Powerfleet | Rainbow Chicken)

Rainbow Chicken's HEPS has jumped sharply, while Impala Platinum's earnings have plummeted and Italtile has come in pretty flat. MTN Uganda remains a star in Africa. Gemfields found a buyer for Faberge. Powerfleet's numbers are still very messy due to acquisitions.

Ghost Bites (Accelerate Property Fund | ASP Isotopes – Renergen | Assura – Primary Health Properties | MAS | Thungela)

The MAS board has confirmed that the Prime Kapital bid is legally valid. Accelerate Property Fund is a complex speculative play. Thungela's earnings have plummeted. The Assura - Primary Health offer is in its final stages. ASP Isotopes will list later this month.

Ghost Bites (ADvTECH | Blue Label Telecoms | Metair | MTN | RCL Foods | Sappi | The Foschini Group)

The market didn't like The Foschini Group's update, but Metair and MTN were a hit. RCL Foods had a rough second half. Sappi remains a rollercoaster ride. ADvTECH is buying another school. Blue Label is playing its cards close to its chest.

Ghost Bites (Astoria | Collins Property | Glencore | Jubilee Metals | Quilter | Sirius Real Estate)

Glencore needs a big second half. Sirius Real Estate has done more deals, as has Collins Property. Quilter's dividend has grown much faster than earnings. Jubilee Metals guides for a big 2026 in copper. Astoria's NAV took a significant knock from diamonds.
Verified by MonsterInsights