Tag:
Coronation
Ghost Bites
Ghost Bites (Fairvest | Fortress | Mr Price | MAS | Spear REIT | The Foschini Group)
Mr Price and The Foschini Group reported important numbers in the clothing and homeware sector. In property, we saw numbers from Fairvest and Fortress, while Spear REIT raised cash and MAS saw an improved indicative offer from PK.
Ghost Bites
Ghost Bites (Altvest | Bidcorp | British American Tobacco | Coronation | Datatec | Harmony | Insimbi Industrial | Novus | Pepkor | Reinet...
Harmony announced a major copper acquisition. British American Tobacco is selling more of its stake in ITC in India. Pepkor's results look great, as do Bidcorp and Datatec. Altvest, Coronation, Insimbi Industrial, Novus, Reinet, Stefanutti Stocks and Zeda added to a busy day.
Ghost Bites
GHOST BITES (Aspen | Coronation | Oasis Crescent | Standard Bank | Tharisa | Texton)
Brace yourself for a terrible Wednesday for Aspen. Standard Bank achieved double-digit growth. Coronation's AUM went sideways this quarter. Oasis Crescent grew its distribution ahead of inflation. Look out for news from Tharisa and Texton as well.
Ghost Bites
GHOST BITES (Anglo American | Barloworld | Hyprop | Octodec)
Barloworld has released the much-anticipated circular for the take-private deal. Anglo American's disposal of Jellinbah Group closed faster than expected. Hyprop released a festive trading update. Octodec has taken a small step away from the external manager structure.
Ghost Bites
GHOST BITES (Coronation | Mr Price | Quilter | Vukile)
Coronation's AUM has moved sharply higher and Quilter also has a great story to tell about growth in that sector. Mr Price is winning market share and had a strong finish to 2024. Vukile's Spanish property acquisition may still go ahead in the aftermath of floods.
Ghost Bites
GHOST BITES (Capital Appreciation | Exxaro | Fortress | Lighthouse)
Capital Appreciation's software division is a headache. Exxaro is having a tough year. Life-after-REIT looks great for Fortress. Lighthouse is finding things more competitive than before in Iberia.
Ghost Bites
GHOST BITES (AECI | Growthpoint | HCI | Nampak | Pick n Pay | Sanlam – Santam – MultiChoice | Spar | Tharisa |...
AECI, Growthpoint, HCI, Nampak, Spar, Tharisa, Transaction Capital and Trematon all released numbers to the market. Pick n Pay has confirmed the completion of its recapitalisation plan. Sanlam is partnering with Santam on the MultiChoice insurance deal.
Ghost Bites
GHOST BITES (Coronation | Old Mutual | RMB Holdings)
Coronation seems happy with single digit growth. Old Mutual's key metrics are going in the right direction. RMB Holdings has given NAV guidance.
