Posts Tagged: Discovery
Unlock the Stock: Afrimat and Spear REIT
Afrimat’s track record is spectacular. Spear REIT is a highly respected property fund. On Unlock the Stock, you can learn about both companies.
RCL is far more than just a chicken business
RCL is far more than just a chicken business these days, which isn’t a bad thing.
Bidvest: strong trading profit growth in every division
Bidvest closed 3.8% higher after releasing results for the six months to December 2021.
Liberty Two Degrees: reversions continue to bite
Liberty Two Degrees holds stakes in some of the most iconic properties in the country
Alviva: 20% revenue growth excl. Tarsus
After teasing the market with a trading statement, Alviva has now released all the details of the interim results for the six months ended December 2021.
PSG Group and the Great Value Unlock
This is one of the biggest news stories on the JSE that we’ve seen in a while
JSE Limited: a cash cow in a shrinking field
You may not be aware of this, but the JSE Limited is listed on the JSE. You’re right in thinking that this sounds like the financial version of the movie Inception
Capital Appreciation on the deal train
The company has announced the acquisitions of three technology companies in South Africa and a 20% stake in a company in the Netherlands.
Woolworths won’t miss 2021
as released results for the 26 weeks to 26 December 2021. The share price rallied 6% despite a fair share of negative commentary on Twitter.
Cashbuild’s negative sales momentum continues
Cashbuild released its interim results for the six months ended 26 December 2021
Ghost Bites (Bell | Discovery | Gemfields | Grand Parade Investments | Investec | MC Mining | Renergen | Schroder Real Estate | Sibanye | South32 | South Ocean | Telkom | Transaction Capital | Workforce)
Discovery and Investec were the big numbers of the day. Renergen raised more capital. Look out for Grand Parade, MC Mining, Schroder, Sibanye, South32, South Ocean and Workforce as well.
Ghost Bites (Brait | Bytes | Discovery | JSE | MC Mining | Merafe | OUTsurance | Sibanye-Stillwater | STADIO | Sun International | Thungela)
On a very busy day of company news, we saw numbers come in from Discovery, JSE, Merafe, OUTsurance, STADIO, Sun International and Thungela. There’s corporate activity at Brait, MC Mining and Sibanye-Stillwater.
Ghost Bites (Lesaka Technologies | Marshall Monteagle | RMB Holdings | Shaftesbury | Transaction Capital)
The biggest news of the day was not just the results at Transaction Capital, but the significant strategic steps that the group might be taking. Also look out for the likes of Shaftesbury and RMB Holdings, with a leadership change at Lesaka as well.
Ghost Bites (Castleview | Copper 360 | Hudaco | Huge Group | Hyprop | Lewis | Lighthouse | Mahube | Purple Group | Reinet | Resilient | Salungano | Spar)
On another busy day of news, we saw Lewis and Spar as the important retail stores, with Purple Group announced results as well. There were numerous other updates as well, including an acquisition by Hudaco.
Ghost Bites (Ascendis | Invicta | Oceana | Shaftesbury | Standard Bank | Tsogo Sun | Wesizwe Platinum | Zeda)
On a very busy day of news, we saw some excellent (Oceana) and sideways (Invicta and Tsogo Sun) results, along with a potential delisting of Ascendis.
Ghost Bites (African Bank and Sasfin | Deneb | Renergen)
Sasfin seems to have scored the deal of a lifetime in a disposal of businesses to African Bank. Deneb has sold some properties. Renergen responded to Albie Cilliers, but not via SENS.
Ghost Bites (Astral Foods | Choppies | Discovery | Investec | MC Mining | Remgro | Trellidor)
Astral and Trellidor show just how hard it is out there. Choppies and Discovery also aren’t shooting the lights out. Remgro managed to grow intrinsic NAV nicely. Investec and MC Mining round out the day.
Ghost Bites (Brikor | Discovery | Kore Potash | Libstar | Stefanutti Stocks | WBHO)
Brikor is under mandatory offer. Discovery released very adjusted earnings. Libstar’s volumes are down. There’s construction sector news at Stef Stocks and WBHO. Kore Potash rounds out the day of news.
Ghost Bites (African Media Entertainment | Gemfields | Finbond | Nedbank)
There’s a rebound in radio at AME. Gemfields posts record emerald auction results. Finbond looks to Namibia for growth. Nedbank warns of the effect of further rate hikes.
Ghost Bites (Alexander Forbes | Bytes | Coronation | Datatec | HCI | Indluplace | MultiChoice | Zeda)
Alexander Forbes, Bytes and HCI released the best numbers of the day, with Zeda growing slightly and Datatec unfortunately discovering “adjusted EBITDA” – sigh. Coronation had a poor half. MultiChoice held an investor day.
