Ghost Bites Archive
Massmart has posted the Walmart circular
Holders of Massmart ordinary shares (“Ordinary Shareholders”) are referred to the joint firm intention announcement published by Massmart and Walmart on 1 September 2022 (“Firm Intention Announcement”) regarding a proposed offer
Ghost Bites (Blue Label Telecoms | Massmart | RMI | Santova)
Cell C lives to fight another day. Massmart has released the Walmart circular. RMI is becoming OUTsurance Group. Santova is acquiring a company in California.
Ghost Bites (Harmony and Exor | Investec | Kibo | Massmart)
Harmony and Ferrari have a common shareholder. Investec’s earnings are looking decent. Kibo Energy is a company that all renewable energy enthusiasts should know about.
Russia mobilises
As Putin mobilises troops for Ukraine, the macroeconomic picture continues to deteriorate. Will this move make a significant difference in the war, or will it be more of the same for Putin? Chris Gilmour gives his view.
Ghost Bites (Ascendis | Gemfields | Remgro | Tiger Brands)
Ascendis can get more from Austell. Gemfields continues to sparkle. Remgro surprised the market with a Grindrod unbundling. Tiger Brands caught a bid with a big HEPS move.
Ghost Bites (MC Mining | Oceana | Remgro | Stor-Age)
MC Mining is raising A$40 million on the market. Oceana Group is big on pilchards, low on hake. The market loved Remgro’s results update. Stor-Age keeps doing the right things.
Ghost Global (Barclays | Man Utd | Ralph Lauren | Salesforce)
Barclays has been sued over paperwork errors. Manchester United is still losing a fortune. Ralph Lauren has been repositioned as a luxury brand. Salesforce is integrating with WhatsApp.
Ghost Bites (Anglo Platinum | Barloworld | Motus | Truworths)
Amplats stretches the definition of ESG. Barloworld’s operations are doing well. Motus directors treat shareholders like a joke. Truworths can’t let go of its CEO.
Unlock the Stock: CA Sales Holdings
JSE newbie CA Sales Holdings used the Unlock the Stock platform to share an ambitious growth strategy in the FMCG sector. Remember this name – you’ll be seeing it often I think!
Ghost Bites (Capitec | Hyprop | Kibo Energy | Netcare | Thungela)
Capitec’s valuation has finally taken a knock. Hyprop’s balance sheet is much better. Kibo is spinning off a dedicated renewables company. Netcare’s case mix is almost back to normal. Thungela has no interest in renewables. Motus explained themselves.
