Tag:
Delta Property Fund
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 (Adcorp | AME | AYO | Delta | Deneb | eMedia | Frontier Transport | HCI | Lewis | Old Mutual...
Lewis released incredible numbers and Adcorp looks stronger too. Spar is mostly retreating from Europe. The HCI stable (including Deneb, eMedia, Frontier and mothership HCI) released updates. Look out for AME, AYO, Delta Property, Old Mutual and Sea Harvest as well.
Ghost Bites
GHOST BITES (Balwin | Boxer | Calgro M3 | Lewis | Metair | MTN | Redefine | Santova | South32 | Tiger Brands)
Lewis is shooting the lights out and
Tiger Brands is also doing well. MTN is enjoying Africa again. Balwin had a strong second half, while demand at Calgro M3 has faltered. Boxer's results are complicated. Redefine is struggling to find much growth. Look out for Metair, Santova and South32 as well.
Ghost Bites
GHOST BITES (ASP Isotopes | Delta Property Fund | Finbond | Impala Platinum | Merafe – Glencore | Renergen | YeboYethu)
ASP Isotopes is an exciting new JSE listing. Implats, Merafe-Glencore and Renergen gave mining sector updates. Finbond wants to raise up to R2bn in preference shares. YeboYethu enjoyed a higher Vodacom share price. Delta Property Fund sold a property.
DealMakers
Who’s doing what this week in the South African M&A space?
Weekly summary of Merger & Acquisition activity by South African companies
Ghost Bites
GHOST BITES (Delta Property Fund | Gemfields | Vukile Property Fund)
Gemfields needs to raise capital after things just didn't go their way in 2024. Vukile Property Fund is investing further in Portugal. Delta Property Fund is selling properties.
Ghost Bites
GHOST BITES (Aveng | Jubilee Metals | Metair)
Aveng shareholders are licking their wounds. Jubilee is trying to catch up lost production at Roan. Metair is making major strategic changes in its business, but that balance sheet looks frightening.
Ghost Bites
GHOST BITES (Anglo American | Barloworld | Boxer – Pick n Pay | Delta | eMedia | Frontier | Invicta | Netcare | Oceana...
On a bumper day of news, we saw updates from Anglo American, Barloworld, Boxer, Delta Property Fund, eMedia, Frontier Transport, Invicta, Netcare, Octodec and Super Group.
