Tag:
Copper 360
Ghost Bites
Ghost Bites (Jubilee Metals | Old Mutual | Wesizwe Platinum)
Old Mutual has some bright spots, but is still a sideways story overall. Jubilee Metals is successfully through its maintenance shutdown. Wesizwe Platinum's Bakubung Minerals will shed nearly 500 jobs.
Ghost Bites
Ghost Bites (Copper 360 | Merafe | Momentum | Pan African Resources | Sirius Real Estate | Tiger Brands)
Tiger Brands put in an exceptional margin performance. Sirius Real Estate had a busy period of deals. Pan African Resources had a record year of cash flow, but the market hated the guidance. Momentum is still living up to its name. NERSA has thrown Merafe a lifeline. Copper 360 finds no love in the market.
Ghost Bites
Ghost Bites (Adcorp | Lewis | Life Healthcare | Sappi | Sirius Real Estate | Trematon)
Lewis is one of South Africa's best businesses. Sirius Real Estate is buying another property in Germany. Adcorp and Life Healthcare need to find more growth. Sappi just about needs a miracle. Trematon shows how hard it is to make money from schools.
Ghost Bites
Ghost Bites (Altron | Exemplar REITail | Netcare | Omnia | Pick n Pay | PPC | RMB Holdings)
Pick n Pay's core business is still going backwards. Altron's numbers look spectacular, with positive news also coming in from Exemplar REITail, Netcare, Omnia and PPC. RMB Holdings has heavily impaired its NAV.
Ghost Bites
Ghost Bites (Balwin | Boxer | Prosus | Raubex | Redefine Properties | Vodacom)
Boxer is flying - and taking Pick n Pay with it. Vodacom has a great growth story at the moment. Prosus has sold more of the Delivery Hero stake. Look out for important numbers from Balwin, Raubex and Redefine Properties as well.
Ghost Bites
Ghost Bites (Aimia | Schroder European Real Estate | Tharisa)
Aimia's management letter is a great opportunity to learn about the JSE's new kid on the block. Schroder European Real Estate's valuation is still going the wrong way. Tharisa has begun the underground mining transition.
Ghost Bites
Ghost Bites (AECI | Stefanutti Stocks | Telkom)
Telkom is telling a positive story in prepaid - and the market likes it. AECI's margins are jumping around, but earnings are up overall. Stefanutti Stocks has achieved a further increase in the order book.
Ghost Bites
Ghost Bites (Gold Fields | Discovery – Growthpoint)
Gold Fields' HEPS more than doubled in 2025 as the gold sector continues to print cash. Discovery and Growthpoint have announced a deal for the Discovery head office - is it possible that they are both winners in the transaction?
