Posts Tagged: Astoria Investments
Unlock the Stock: Afrimat and Spear REIT
Afrimat’s track record is spectacular. Spear REIT is a highly respected property fund. On Unlock the Stock, you can learn about both companies.
RCL is far more than just a chicken business
RCL is far more than just a chicken business these days, which isn’t a bad thing.
Bidvest: strong trading profit growth in every division
Bidvest closed 3.8% higher after releasing results for the six months to December 2021.
Liberty Two Degrees: reversions continue to bite
Liberty Two Degrees holds stakes in some of the most iconic properties in the country
Alviva: 20% revenue growth excl. Tarsus
After teasing the market with a trading statement, Alviva has now released all the details of the interim results for the six months ended December 2021.
PSG Group and the Great Value Unlock
This is one of the biggest news stories on the JSE that we’ve seen in a while
JSE Limited: a cash cow in a shrinking field
You may not be aware of this, but the JSE Limited is listed on the JSE. You’re right in thinking that this sounds like the financial version of the movie Inception
Capital Appreciation on the deal train
The company has announced the acquisitions of three technology companies in South Africa and a 20% stake in a company in the Netherlands.
Woolworths won’t miss 2021
as released results for the 26 weeks to 26 December 2021. The share price rallied 6% despite a fair share of negative commentary on Twitter.
Cashbuild’s negative sales momentum continues
Cashbuild released its interim results for the six months ended 26 December 2021
Ghost Bites (Balwin | Burstone | CA Sales Holdings | Datatec | Metair | Momentum | Old Mutual | PPC | SA Corporate | Sasfin | Sirius)
Get the latest recap of JSE news in the Ghost Wrap podcast, brought to you by Mazars: Balwin is really struggling in this environment (JSE: BWN) Apartment sales have plummeted This isn’t a good time
Ghost Bites (Dis-Chem | Harmony | Mr Price | PPC | Sasol)
Mr Price and Sasol led the day of news, with the former telling a strong story and the latter struggling. Harmony put out excellent numbers. Look out for Dis-Chem and PPC news as well.
Weekly corporate finance activity by SA exchange-listed companies
Weekly summary of corporate finance activity by South African exchange listed companies.
Ghost Bites (Adcorp | enX | Glencore | MTN | OUTsurance)
Adcorp is facing margin pressure. enX thinks it can sell Eqstra within the next year. Glencore has affirmed production guidance for most of its commodities. MTN is really struggling in Nigeria. OUTsurance increased its stake in Australia.
Weekly corporate finance activity by SA exchange-listed companies
Weekly summary of corporate finance activity by South African exchange listed companies
Weekly corporate finance activity by SA exchange-listed companies
Weekly summary of corporate finance activity by South African exchange listed companies
Ghost Bites (Adcorp | Balwin | EOH | MTN)
Adcorp declares an interim dividend. Balwin releases solid results but the share price keeps hitting a resistance level. As expected, EOH needs a rights issue. MTN Nigeria reports solid free cash flow growth.
Weekly corporate finance activity by SA exchange-listed companies
Weekly summary of corporate finance activity by South African exchange listed companies
Ghost Bites Vol 59 (22)
An action-packed day saw mainly earnings updates from the likes of Industrials REIT, EOH, Astoria, MTN Nigeria, Ellies and others. Glencore and MC Mining gave important production updates too.
Ghost Bites Vol 54 (22)
Astoria Investments has sold Afrimat and bought Leatt Corporation, a South African company that has gone global. Ellies is losing money again. Grindrod has a new CEO.
