Tag:
Anglo American
Ghost Bites
Ghost Bites (Bell Equipment | British American Tobacco | Hudaco | Momentum)
Bell Equipment's AGM update is interesting, as is Momentum's capital markets day. British American Tobacco is ahead of expectations this year. Hudaco announced a bolt-on acquisition.
Ghost Bites
Ghost Bites (Altvest | AngloGold Ashanti | Bell Equipment | Hyprop | Momentum | Raubex | Sabvest | Sirius Real Estate | Sygnia |...
Hyprop raised over R800m in cash. Sabvest is investing in pets. Raubex found no substance to whistleblower allegations and released results. We also saw numbers from Altvest, Bell Equipment, Momentum, Sirius Real Estate and Telkom. AngloGold is selling a mine.
Ghost Bites
Ghost Bites (Investec | Life Healthcare | Pick n Pay | Shaftesbury | Shuka Minerals | Spear REIT | Tharisa)
Pick n Pay is still a loss-making business. Positive jaws at Investec looks encouraging. Life Healthcare is also on the up, along with Shaftesbury and Spear REIT. Tharisa had a rough interim period. Shuka Minerals makes its market debut.
Ghost Bites
Ghost Bites (Alexander Forbes | Ethos Capital | Gemfields | Nutun | Renergen | Sasol | Stefanutti Stocks)
Renergen laughs in the face of cautionary announcement good practice with the ASP Isotopes offer. Sasol's capital markets day is worth a look. Numbers came in from Alexander Forbes, Ethos Capital, Nutun and Stefanutti Stocks. Gemfields released the prospectus for the rights offer.
Ghost Bites
GHOST BITES (AngloGold | Barloworld | Collins Property Group | Mantengu Mining | Montauk Renewables | Newpark REIT | Old Mutual | Raubex |...
AngloGold's profits are much higher and Sibanye is smiling as well. The offer for Barloworld needs more acceptances. Mantengu Mining has gone nuclear on share manipulation allegations. Raubex is the subject of whistleblower allegations. There's property news from Collins and Newpark. Old Mutual has announced their new CEO.
DealMakers
Who’s doing what this week in the South African M&A space?
Weekly summary of Merger & Acquisition activity by South African companies
Ghost Bites
GHOST BITES (Anglo American | Astral Foods | Gold Fields | Harmony Gold)
Gold Fields has made a play for Gold Road. Anglo American is still getting the Peabody deal across the line. Astral Foods had a really tough period. Harmony Gold is sitting on a record cash pile.
Ghost Bites
GHOST BITES (AngloGold | Brait | CMH | Gemfields | Glencore | Gold Fields | MTN Nigeria | Oceana | Renergen | Supermarket Income...
Glencore's trading update was punished by the market., while Brait's was rewarded Things look much better at MTN Nigeria. AngloGold and Gold Fields released news on deals. CMH, Gemfields, Oceana, Renergen and Supermarket Income REIT also had important updates.
