Tag:
ASP Isotopes
Ghost Bites
Ghost Bites (ASP Isotopes | Assura – Primary Health Properties | Lesaka Technologies | Netcare | Orion Minerals | Renergen | York Timber)
Assura, Lesaka Technologies, Netcare and York Timber released important financial updates. Orion Minerals is raising money again. Renergen's latest quarterly update is light on production, heavy on corporate activity. ASP Isotopes has a temporary change of management and a new US customer.
Ghost Bites
Ghost Bites (Burstone | Gemfields | Grand Parade | Remgro)
Remgro's NAV grew solidly this year and they insist on a special dividend instead of more buybacks. Burstone's platform strategy is growing, but perhaps not quickly enough. Gemfields needs things to improve rather urgently. Grand Parade's casino exposure is problematic.
Ghost Bites
Ghost Bites (Blu Label | Choppies | KAL Group | MultiChoice | PPC | Renergen | York Timber)
Canal+ is in effective control of MultiChoice. Blu Label released full details for the Cell C listing, leading to plenty of differing opinions online. PPC's turnaround is working and even York Timber is looking better. Renergen has settled with Springbok Solar. Choppies is doing well in Botswana despite macroeconomic concerns. KAL Group is selling Agriplas.
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 (Capital Appreciation | Greencoat Renewables | Naspers | Oceana | OUTsurance | Sirius Real Estate | Southern Sun)
OUTsurance released blockbuster results. Capital Appreciation, Oceana and Southern Sun gave helpful business updates. Naspers has decided to do a stock split. Greencoat Renewables needs more wind. Sirius Real Estate raised further debt.
Ghost Bites
Ghost Bites (Altvest | AVI | Clientele | Metrofile | Sun International)
Altvest is going all-in on bitcoin. AVI's beverages business drove them forward. Sun International's casinos continue to struggle. Clientele's customer base is under pressure. Metrofile's margins went the wrong way.
Ghost Bites
Ghost Bites (AfroCentric | ArcelorMittal | ASP Isotopes | Barloworld | Invicta | iOCO | Motus | Shoprite)
Shoprite released more excellent numbers. iOCO is on a firm footing these days. Motus was helped by a decrease in debt. ASP Isotopes is hitting big milestones. Invicta is acquiring a UK business. Barloworld's sanctions investigation is complete. AfroCentric needs to find growth. ArcelorMittal has started shutting the Longs business.
DealMakers
Weekly corporate finance activity by SA exchange-listed companies
Weekly summary of corporate finance activity by South African exchange listed companies
