Posts Tagged: African Bank
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
Ghost Stories #23: Unpacking the African Bank Strategy (with CEO Kennedy Bungane)
After I wrote critically about the pricing of African Bank’s acquisition of two Sasfin businesses, African Bank reached out with an incredibly mature request for engagement. This podcast is the result, unpacking their strategy with CEO Kennedy Bungane.
Ghost Bites (African Bank and Sasfin | Deneb | Renergen)
Sasfin seems to have scored the deal of a lifetime in a disposal of businesses to African Bank. Deneb has sold some properties. Renergen responded to Albie Cilliers, but not via SENS.
Ghost Bites (African Bank | Argent | Castleview | Emira | Newpark | Nictus | Renergen | Southern Palladium)
Aside from important news at Renergen, it was primarily a day for property groups and small caps. Look out for African Bank news as well.
Ghost Bites Vol 81 (22)
Huge Group has finally done a solid deal. Results came in from Woolworths, Discovery, Murray & Roberts, Trellidor, Aspen, Motus, Cashbuild, Mustek and more.
Ghost Bites Vol 78 (22)
There was some juicy M&A on Friday, with news of African Bank acquiring Ubank and Cognition Holdings selling Private Property at a huge valuation. Rebosis is in business rescue. Grindrod and Northam Platinum released results.
Ghost Bites Vol 54 (22)
Astoria Investments has sold Afrimat and bought Leatt Corporation, a South African company that has gone global. Ellies is losing money again. Grindrod has a new CEO.
Ghost Bites Vol 13 (22)
Technology (like Bytes and Datatec) and property updates (like Balwin and Delta) dominated the day of news, with Coronation also releasing results.
