Tag:
Cell C
Ghost Bites
Ghost Bites (Cell C | Ethos Capital | Mustek | KAP)
Cell C's maiden results as a listed company show us their growth engines, but also expense pressures. KAP is looking much better than before, and so is Mustek. Ethos Capital is repurchasing 41.5% of its shares in issue.
Ghost Bites
Ghost Bites (Aspen | Capitec | City Lodge | Nampak | Pan African Resources | Trustco)
Capitec's excellent growth story continues. Pan African Resources made a fortune in 2025. Aspen's interims are predictably awful, but they are looking to the future. Nampak's business update is encouraging. City Lodge's growth was offset by currency moves. Trustco's Meya Mining raised debt for its diamond mining ambitions.
Ghost Stories
Ghost Stories #88: Cell C – more than just an MVNO engine
Cell C has been on quite the adventure in its efforts to carve out a sustainable competitive position. Cell C has created a profitable business model that goes well beyond the MVNO operations that the market tends to focus on. In this podcast, CEO Jorge Mendes joined me to explain Cell C's business and how they plan to win across key verticals.
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 (Blu Label – Cell C | Hammerson | Sea Harvest | Sirius Real Estate | SPAR)
Cell C's IPO fell short on pricing. SPAR's difficult turnaround continues. Sea Harvest is selling Ladismith Cheese. Hammerson bought a UK property and Sirius Real Estate closed an acquisition in Germany.
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.
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 (African Rainbow Minerals | Blu Label – Cell C | Gold Fields | Vodacom)
Cell C has announced its intention to list on the JSE, with Blu Label getting more restructuring steps out the way. Vodacom has settled the Please Call Me matter for an undisclosed sum. Gold Fields is taking advantage of high gold prices. African Rainbow Minerals' Beeshoek Iron Ore Mine is a casualty of ArcelorMittal.
