Tag:
BHP
Ghost Bites
Ghost Bites (BHP | Metair | Oasis Crescent | Reinet | Sirius Real Estate | South32 | The Foschini Group | Zeder)
The Foschini Group had a hideous day. Metair and Sirius released juicy investor day presentations with loads of detail. BHP and South32 released quarterly updates. Look out for Oasis Crescent, Reinet and Zeder as well.
Ghost Bites
Ghost Bites (Deneb | Discovery | Equites Property Fund | Hammerson | Pick n Pay)
Pick n Pay might be improving, but they are still loss-making. Discovery has lofty medium-term targets. Equites Property Fund remains bullish on SA vs. UK. Hammerson is enjoying strong support in the debt markets. Deneb is acquiring 80% in Dawning Filters.
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 (Adcock Ingram | Anglo American | BHP | Newpark REIT | SPAR | Super Group | WBHO)
Anglo American's Teck deal is a "merger of equals" - except they aren't equal. SPAR is out of Switzerland, but it stings. Super Group had a tough period. WBHO shows that construction can work. Adcock Ingram released the deal circular. Newpark REIT is selling Crown Mines. BHP has removed one legal overhang.
Ghost Bites
Ghost Bites (Anglo American | BHP | Deneb | Dipula | Harmony Gold)
A busy day for mining saw results come in for BHP, along with the news of Anglo American laughing off the stealmaking coal disposal to Peabody and Harmony Gold getting approval for the copper deal in Australia. Dipula is buying Protea Gardens Mall and several other properties. Deneb is offloading a property.
Ghost Bites
Ghost Bites (BHP | Hyprop – MAS | Quantum Foods | Valterra Platinum | Vodacom – Remgro)
Hyprop has put in a conditional offer to MAS shareholders. Vodacom and Remgro tweaked the terms of the fibre deal. BHP's production is strong, but iron ore prices are weak. Valterra Platinum's production ruined the first half numbers. Quantum Foods has had some shareholder register developments.
Ghost Bites
GHOST BITES (Altron | BHP | Bytes | Exxaro | Grindrod | Octodec | Santam | South32)
Exxaro announced a large manganese acquisition. Santam's momentum continues. Altron had a great year. Bytes grew strongly but has flagged slower growth ahead. Grindrod is out of its last non-core asset. BHP and South32 released useful conference presentations.
Ghost Bites
GHOST BITES (Alphamin | BHP | Merafe | Ninety One | Sasol | South32 | Zeder)
Security issues in the DRC ruined Alphamin's quarter (JSE: APH)
As expected, annual guidance has been reduced
Alphamin has released its production and operational update for...
