Wednesday, October 23, 2024
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AngloGold Ashanti

Ghost Bites (ArcelorMittal | Attacq | Bidvest | Delta Property | Impala Platinum | Nampak | RH Bophelo | Stefanutti Stocks | Vodacom –...

This was a day of mostly bad news, not least of all the tragedy at Impala Platinum. There are job losses at ArcelorMittal, disappointing numbers at Bidvest and shocking losses at Nampak.

Ghost Bites (Alphamin | Famous Brands | Sirius Real Estate | Transpaco)

Alphamin's quarter-on-quarter numbers look better. Famous Brands is struggling. Sirius sounds upbeat. Transpaco is being mature with capital allocation.

Who’s doing what this week in the South African M&A space?

Weekly summary of Merger & Acquisition activity by South African companies

Weekly corporate finance activity by SA exchange-listed companies

Weekly summary of corporate finance activity by South African exchange listed companies

Ghost Bites (Brikor | Discovery | Kore Potash | Libstar | Stefanutti Stocks | WBHO)

Brikor is under mandatory offer. Discovery released very adjusted earnings. Libstar's volumes are down. There's construction sector news at Stef Stocks and WBHO. Kore Potash rounds out the day of news.

Ghost Bites (Bell Equipment | City Lodge | Metrofile | Sun International | Transaction Capital | Transpaco)

There's more drama at Transaction Capital. On a busy day for hospitality stocks, City Lodge and Sun International reported numbers. Bell Equipment and Metrofile also released results. Transpaco is buying back a big chunk of shares.

Weekly corporate finance activity by SA exchange-listed companies

Weekly summary of corporate finance activity by South African exchange listed companies

Ghost Bites (Finbond | ISA Holdings | Mahube Infrastructure | Pan African Resources | Quantum Foods | Texton | Tradehold | Transcend Residential Property...

Earnings at Quantum Foods and a production guidance decrease at Pan African Resources were arguably the biggest stories on a day that included news from a few small caps on the local market.
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