Tag:

ArcelorMittal

Ghost Bites – Mining and Industrial Stocks (Anglo American | ArcelorMittal | Gemfields | Mondi)

In this update, we find the latest on De Beers and the other operations inside Anglo American. ArcelorMittal claims to be fundamentally different, but when will the profits come? Gemfields is being carried by emeralds. Mondi has suffered an ugly drop in margins.

Ghost Bites (ArcelorMittal | Glencore | Shaftesbury Capital | Valterra Platinum)

ArcelorMittal has gone from bad to worse. Glencore is on track for full year production, while Valterra Platinum just banked the third highest interim profit in company history. Shaftesbury Capital's London West End strategy is paying off.

Ghost Bites (ArcelorMittal | ASP Isotopes | BHP | Coronation | iOCO | Karooooo | Prosus | Supermarket Income REIT)

Will the IDC swoop in and save ArcelorMittal? Significant dilution for shareholders in ASP Isotopes. BHP signs off on a successful year, boosted by copper prices. Coronation has given an update on its assets under management. iOCO has announced a small acquisition in the ERP space. Karooooo's recent bad press in Cartrack hasn't taken the shine off the numbers. Prosus will be paid over R40 billion for the remaining stake in Delivery Hero. Supermarket Income REIT raised the £100 million they wanted.

Ghost Bites (Fairvest | Ninety One | Putprop)

Fairvest has upgraded full year guidance, with B shareholders celebrating strong double-digit returns at the moment. Ninety One has returned to positive net inflows. Putprop is recycling capital into a property in Kramerville.

Ghost Bites (Coronation | Labat Africa | Sappi | Sibanye-Stillwater)

Coronation's AUM dipped this quarter. Sappi is still negotiating detailed terms on the graphic paper JV. Sibanye-Stillwater held a useful capital markets day for the international and recycling operations. Labat Africa's numbers look fantastic, but the market is ignoring the stock.

Ghost Bites (ADvTECH | FirstRand | Greencoat Renewables | Impala Platinum | Sanlam | STADIO)

Education sector duo ADvTECH and STADIO are showing excellent growth. FirstRand's improvement in certain metrics is extraordinary. Sanlam's numbers are complex. Impala Platinum can be grateful for PGM prices. Greencoat Renewables is embarking on major share buybacks.

Ghost Bites (Afrimat | BHP | MTN | Sirius Real Estate)

Afrimat is firmly between a rock and a hard place. BHP released excellent interim results. MTN is moving ahead with the acquisition of IHS. Sirius Real Estate raised nearly R1.7 billion for acquisitions in Germany.

Ghost Bites (Anglo American | ArcelorMittal | Boxer | Glencore | Hudaco | KAL | Kumba | Lesaka | MTN | Prosus – Naspers...

Glencore has walked away from Rio Tinto discussions. MTN and Super Group are busy with acquisitions. Anglo American, Kumba Iron Ore and Valterra Platinum gave production updates. Sasol is suffering with weak oil prices. ArcelorMittal is just suffering with everything. Prosus released a shareholder letter. Lesaka Technologies reported its first positive net income. Boxer, Hudaco and KAL also gave important trading updates.