Tag:
Crookes Brothers
Ghost Bites
Ghost Bites (Crookes Brothers | Mahube Infrastructure | Mantengu | PBT | Premier – RFG | Quantum Foods)
Quantum Foods had one of its best periods in a decade. Mantengu has a lot to do in the second half of the year. PBT Holdings unlocked strong margin gains. Crookes Brothers is a reminder of how tough agri is, while Mahube Infrastructure proves that renewables aren't easy either.
Ghost Bites
Ghost Bites (Argent Industrial | City Lodge | Crookes Brothers | Delta Property | Kore Potash | Investec | Lewis | Mr Price |...
A busy day of news saw retail updates from Lewis and Mr Price, along with City Lodge and Netcare as strong growth stories. Investec is finding it harder to grow at the moment. Reunert has strong momentum, while Argent Industrial and Delta Property also have positive stories. Crookes Brothers shows how hard agri really is. Kore Potash and Supermarket Income REIT announced important corporate deals.
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 | Aveng | CA Sales | MTN | Northam Platinum | Orion Minerals | Thungela)
Absa's earnings were boosted by the credit loss ratio. MTN punters took profit on Monday, but why? Thungela's commitment to its dividend is incredible. CA Sales flagged strong earnings, Northam Platinum had a rough time with Eland and Aveng is an ugly story in Australia. Orion Minerals raised over R20 million from retail investors.
Ghost Bites
Ghost Bites (Absa | Crookes | Lesaka | PBT | Reinet | Remgro – eMedia | RMB Holdings | SA Corporate Real Estate |...
Absa's trading update reflects a much lower credit loss ratio. Lesaka is buying Bank Zero. Crookes and Sea Harvest gave us agri updates. Remgro is unbundling its eMedia exposure. Reinet might sell Pension Insurance Corp. RMB Holdings has a tough story to sell. SA Corporate Real Estate's update has fascinating read-through for grocery retail.
Ghost Bites
Ghost Bites (Capital Appreciation | Gemfields | MAS | Master Drilling | Vunani)
Capital Appreciation enjoyed a much better financial year. Gemfields has good news from Mozambique. MAS released the notice of the EGM. Master Drilling is increasing its stake in A&R. Vunani's results are poor.
Ghost Bites
GHOST BITES (AfroCentric | Aspen | Bidvest | Clientele | Italtile | JSE | MAS | Metrofile | MTN | Mustek | PPC |...
Aspen, MTN Ghana, PPC, RCL Foods and Santam all had particularly good stories to tell, with Clientele, JSE and MAS in the green as well. Bidvest was a mixed bag in 2024. Italtile pulled off a resilient performance in the end. AfroCentric released very poor numbers, with Metrofile and Mustek also deep in the red.
Ghost Bites
GHOST BITES (Anglo American | Assura | BHP | DRDGOLD | Kumba Iron Ore)
Anglo American has a buyer for its nickel business. BHP's payout ratio has dropped considerably. DRDGOLD loved the recent gold price. Kumba is doing the best they can. Assura has rejected potential bidders.
