Ghost Bites (AngloGold | Life Healthcare | MultiChoice | Novus | PPC | Primeserv | Sappi | Sephaku | Sibanye-Stillwater | Truworths)
Unlock the Stock: Afrimat and Spear REIT
Afrimat’s track record is spectacular. Spear REIT is a highly respected property fund. On Unlock the Stock, you can learn about both companies.
RCL is far more than just a chicken business
RCL is far more than just a chicken business these days, which isn’t a bad thing.
Bidvest: strong trading profit growth in every division
Bidvest closed 3.8% higher after releasing results for the six months to December 2021.
Liberty Two Degrees: reversions continue to bite
Liberty Two Degrees holds stakes in some of the most iconic properties in the country
Alviva: 20% revenue growth excl. Tarsus
After teasing the market with a trading statement, Alviva has now released all the details of the interim results for the six months ended December 2021.
PSG Group and the Great Value Unlock
This is one of the biggest news stories on the JSE that we’ve seen in a while
JSE Limited: a cash cow in a shrinking field
You may not be aware of this, but the JSE Limited is listed on the JSE. You’re right in thinking that this sounds like the financial version of the movie Inception
Capital Appreciation on the deal train
The company has announced the acquisitions of three technology companies in South Africa and a 20% stake in a company in the Netherlands.
Woolworths won’t miss 2021
as released results for the 26 weeks to 26 December 2021. The share price rallied 6% despite a fair share of negative commentary on Twitter.
Cashbuild’s negative sales momentum continues
Cashbuild released its interim results for the six months ended 26 December 2021
Comments (6)
Tony Hadley
10 Nov 2023I have been following your comments. I see Des de Beer is continually buying Lighthouse Capital..
Do you know what percentage he now holds? is he likely, in your opinion, to delist the company.
The Finance Ghost
10 Nov 2023Hi Tony! I’m not sure off-hand on percentage, but remember this is a R10bn company, so he would have to buy every day for a helluva long time. The JSE listing allows capital to be invested from SA into offshore jurisdictions without the restrictions that apply to unlisted companies, unless the SARB rules have changed since I was active in structuring. So long story short, I don’t expect to see a delisting of it.
Ian
10 Nov 2023Per Lighthouse Integrated Annual report for the year ended 31 December 2022 Des de Beer indirectly held 254 405 413 shares representing 14.99% up from 12.93% at the end of the previous year
The Finance Ghost
10 Nov 2023The scrip dividends have certainly been a big help with that trend.
Andrew
10 Nov 2023Hi. I think AngloGold’s ticker is ANG.
The Finance Ghost
11 Nov 2023Whoopsie! You think correctly. That Anglo ticker is my Kryptonite, I’ve mixed them up before and must be more careful with them. Thank you!