Tag:
Bytes Technology
Ghost Bites
Ghost Bites (Bytes Technology | Castleview | Goldrush | KAP – Sasol | Sun International)
Bytes Technology shed nearly a third of its value based on the AGM update. Sun International walks away from the Peermont deal. KAP is fighting with Sasol over ethylene supply. Goldrush responds to the noise around the National Lottery Licence. Castleview raises R200m.
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 (BHP | Clicks | Grindrod | Jubilee Metals | MTN)
BHP is on track to achieve guidance. Clicks seems to have disappointed the market, perhaps based on retail comparable sales. MTN caught a break in Nigeria. Grindrod's Port of Maputo had a tough 2024. Jubilee has power again for Roan.
Ghost Bites
GHOST BITES (AngloGold | British American Tobacco | Bytes | Karooooo | Tsogo Sun – HCI)
AngloGold's acquisition of Centamin is making progress. Bytes and Karooooo are growing strongly. British American Tobacco is having an investor day. Tsogo buys a property from HCI.
Ghost Bites
Ghost Bites (Bytes Technology | Clientele | Discovery | Lighthouse Properties | Mustek | Powerfleet | Remgro)
Bytes, Clientele, Discovery and Mustek released numbers. Lighthouse raised R1 billion in equity in a matter of hours. Remgro is very hit and miss at the moment.
Ghost Bites
Ghost Bites (AB InBev | ArcelorMittal | Capital & Regional | Mondi | Mpact | MTN Ghana)
AB InBev's EBITDA margins are up. ArcelorMittal is in emergency mode. Mondi's EBITDA is lower. Capital & Regional increased its dividend. Mpact found a buyer for Versapak. MTN Ghana is much better than MTN Nigeria.
Ghost Bites
Ghost Bites (Coronation | Grindrod Shipping | Harmony | Sirius Real Estate | Sasol | Standard Bank)
Standard Bank and Harmony released important financial updates. Sasol may be getting a windfall. The Coronation tax case ruling is imminent. There's deal news at Grindrod Shipping and Sirius.
Ghost Bites
Ghost Bites (Brait | Fairvest | Mahube Infrastructure | Marshall Monteagle | MAS | Sirius Real Estate)
Brait shocked the market with a rights offer. MAS is looking stronger. Sirius Real Estate and Fairvest reported numbers. Look out for Mahube Infrastructure and Marshall Monteagle as well.
