Tag:
Copper 360
Ghost Bites
Ghost Bites (CMH | Ethos Capital | HCI | Metair | SA Corporate Real Estate | Stefanutti Stocks | Valterra Platinum)
Metair's luck goes from bad to worse. Ethos Capital and HCI are busy with major deals, while Stefanutti Stocks has closed a disposal. SA Corporate Real Estate grew the distribution ahead of inflation. CMH repurchased over 7% of its shares. Valterra Platinum has an investment grade credit rating.
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 (Absa | Capitec | Italtile | Nampak | Spar | Sygnia)
In banking, Absa's expense growth is a concern and Capitec is acquiring fintech Walletdoc for up to R400 million. In turnaround valley, Nampak is a lot further along in the process than Spar. Italtile is really struggling in this market. Sygnia is growing strongly, but why is dividend growth lagging?
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.
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 (Attacq | Mantengu | Nedbank | Pepkor | Sea Harvest | Stefanutti Stocks | Zeda)
Pepkor is just going from strength to strength - and starting a bank! Sea Harvest is grateful for the focus on hake. Zeda's earnings are up, but not for the best reasons. Attacq is on track. Stefanutti Stocks still has work to do on the balance sheet. Nedbank has settled with Transnet. Mantengu has swung sharply into losses.
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
