Tag:
Araxi
Ghost Bites
Ghost Bites (Blu Label | DRDGOLD | Exxaro | KAP | NEPI Rockcastle | Resilient REIT | STADIO)
Important numbers came out from Blu Label Unlimited, DRDGOLD, Exxaro, KAP, Resilient REIT and STADIO. NEPI Rockcastle is branching out of Eastern Europe and heading to Spain.
DealMakers
Weekly corporate finance activity by SA exchange-listed companies
Weekly summary of corporate finance activity by South African exchange listed companies.
Ghost Bites
Ghost Bites (Bell Equipment | Crookes Brothers | Merafe | Spear REIT)
Bell Equipment's earnings are dropping sharply. Spear REIT's year is off to a decent start. Merafe has reached a full agreement with Eskom around tariffs, enabling the restart of two smelters. Crookes Brothers was assaulted by Mother Nature.
Ghost Bites
Ghost Bites (Araxi | Jubilee Metals)
Araxi investors have been reminded of the lumpiness of the business, as FY26 could only manage a flat dividend for various reasons. Jubilee Metals is ramping up the Molefe Mine.
Ghost Bites
Ghost Bites (Adcorp | Lewis | Life Healthcare | Sappi | Sirius Real Estate | Trematon)
Lewis is one of South Africa's best businesses. Sirius Real Estate is buying another property in Germany. Adcorp and Life Healthcare need to find more growth. Sappi just about needs a miracle. Trematon shows how hard it is to make money from schools.
Ghost Bites
Ghost Bites (AngloGold | Greencoat Renewables | Pan African Resources | Sea Harvest | The Foschini Group)
AngloGold's free cash flow almost tripled year-on-year, while sector peer Pan African Resources is making progress on its deal in Australia. The Foschini Group's Australian story is becoming meme-worthy, with the group in trouble. Sea Harvest is officially out of Ladismith Cheese. Greencoat Renewables released quarterly numbers.
Ghost Bites
Ghost Bites (Novus | Prosus | Spear REIT)
Spear REIT announced a meaty property acquisition in Mitchells Plain. Prosus is selling down the Delivery Hero stake. Novus is getting less money for its Print Letting Enterprise.
Ghost Bites
Ghost Bites (Alphamin | Araxi | Nu-World)
Araxi has released the circular for the R1 billion Pay@ acquisition. Alphamin absolutely printed cash in the latest quarter. Nu-World did very well in Hong Kong of all places.

