Tag:
Cashbuild
Ghost Bites
Ghost Bites (Advtech | Gold Fields | Italtile | MTN | Southern Palladium)
MTN's share price has taken another knock. Advtech and Gold Fields have positive stories to tell, but the same can't be said for Italtile, where the manufacturing business is under immense pressure. Southern Palladium has been granted a mining right.
Ghost Bites
Bumper Ghost Bites Edition (African Rainbow Minerals | Anglo American | Cashbuild | Fairvest | Kumba Iron Ore | Mr Price | Pepkor |...
In this edition of Ghost Bites:
African Rainbow Minerals to invest heavily in two South African projects
Anglo American needs a strong second half in copper
Cashbuild's...
Ghost Bites
Ghost Bites (Cashbuild | Clicks | Sasol | Spear REIT | Valterra Platinum)
Clicks is growing, but nowhere near fast enough for the valuation. Cashbuild has some positive momentum. Sasol's guidance for the year is encouraging. Spear REIT had no trouble raising the R1 billion in equity. Valterra Platinum's production numbers need to be viewed carefully.
Ghost Bites
Ghost Bites (AfroCentric | Cashbuild | Labat Africa | Libstar | Lighthouse Properties | Quilter | Sanlam | Woolworths)
Woolworths is putting up a good fight in the retail market. Quilter is extracting growth from the UK market, while Cashbuild has found a way to improve margins. Lighthouse is delivering decent returns. Sanlam is investing billions in ARC. Look out for AfroCentric numbers, a Libstar Capital Markets Day announcement and a deal at Labat Africa.
Ghost Bites
Ghost Bites (Bidvest | Clientèle | Italtile | JSE | Libstar | Merafe | MTN | RCL Foods | Thungela)
RCL Foods is navigating a bitter situation in sugar. Bidvest is building a hygiene giant. Italtile and Thungela are struggling, while the JSE and MTN are flying. Clientèle's business is showing encouraging signs. Merafe is kicking the can down the road.
Ghost Bites
Ghost Bites (Cashbuild | Pan African Resources | Spear REIT)
Pan African Resources is quite literally printing cash at the moment. At the other end of the spectrum, Cashbuild has painted a worrying picture about our economy. At Spear REIT, the focus on the Western Cape continues to pay dividends - literally.
Ghost Bites
Ghost Bites (Accelerate Property Fund | Deneb | eMedia | Frontier Transport | Growthpoint | HCI | KAL | Life Healthcare | Nampak |...
A huge day of news saw the HCI stable (including Deneb, eMedia, Frontier Transport and Tsogo Sun) release results. Growthpoint released a quarterly update. Nampak is a great turnaround story, while Accelerate Property Fund is also coming right. Numbers came in from KAL, Life Healthcare and Novus as well, while Sirius Real Estate announced another acquisition.
Ghost Bites
Ghost Bites (Brait | Cell C | Italtile | Premier – RFG Holdings | Sanlam)
Cell C's offer is open to qualifying shareholders. Brait is enjoying a strong lift at Virgin Active. Premier - RFG have released their merger circular. Italtile is still struggling. Sanlam's numbers are going to become trickier to interpret.

