Ghost Wrap 11 (Bowler Metcalf | PPC | Renergen | Orion | Sappi | British American Tobacco | Kaap Agri | Pick n Pay | Spur)
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
Welcome to Ghost Wrap. It’s fast. It’s fun. It’s informative.
In this week’s episode of Ghost Wrap, we cover:
- Bowler Metcalf is on the wrong side of load shedding.
- PPC was a classic “buy the rumour, sell the deal” play.
- Renergen raised R110 million via an accelerated bookbuild.
- Orion Minerals finalised its funding package with the IDC.
- Sappi reminded the market that valuations are forward looking.
- British American Tobacco is still a cash cow, despite fulling volumes.
- Kaap Agri released a terrific quarterly update that ticked all the right boxes.
- Pick n Pay is losing more ground to Shoprite, with Pick n Pay Clothing as a silver lining.
- Spur’s earnings have recovered above pre-pandemic levels.
The Ghost Wrap podcast is proudly brought to you by Mazars, a leading international audit, tax and advisory firm with a national footprint within South Africa. Visit the Mazars website for more information.
Listen to the podcast below:
Comments (2)
Andre Botha
13 Feb 2023Hi Ghost – did you see the SENS on Bell Equipment dated 19th December?
The Finance Ghost
16 Feb 2023Hi – I did indeed, though it’s an oldie now! What’s on your mind?