Tag:

DRDGOLD

Ghost Bites (Blu Label | DRDGOLD | Exxaro | KAP | NEPI Rockcastle | Resilient REIT | STADIO)

Important numbers came out from Blu Label Unlimited, DRDGOLD, Exxaro, KAP, Resilient REIT and STADIO. NEPI Rockcastle is branching out of Eastern Europe and heading to Spain.

Ghost Bites (DRDGOLD | Hudaco | Richemont | Supermarket Income REIT)

Richemont's blowout sales growth brings luxury back in vogue. Supermarket Income REIT is raising £100 million for acquisitions. DRDGOLD has released a presentation to explain their capex cycle. Hudaco locked in the world's strangest (or most efficient?) share repurchase.

Ghost Bites (Attacq | FirstRand | Grindrod | Labat Africa | Sibanye-Stillwater | Vunani)

Pre-close updates came through from Attacq, FirstRand and Grindrod. Sibanye-Stillwater's Capital Markets Day is an important source of information on the strategy. Vunani has swung into profitability. Labat Africa has promised an investor roadshow - and they are paying a dividend!

Ghost Bites (DRDGOLD | Jubilee Metals | Sibanye-Stillwater | Quantum Foods)

Sibanye-Stillwater's quarterly update tells a story of rapid growth in earnings across the group. DRDGOLD's quarterly update is promising. Jubilee Metals is ramping up its copper production, but guidance is being revisited. Quantum Foods overcame a period of egg price deflation and grew earnings strongly.

Ghost Bites (Araxi | Aveng | DRDGOLD | Glencore | Grindrod | Merafe | Pan African Resources | Sibanye-Stillwater | Transpaco)

Araxi announced the R1 billion acquisition of Pay@. Grindrod's core business is performing well. DRDGOLD, Glencore, Pan African Resources and Sibanye-Stillwater brought us a busy day of mining results. Merafe has been given a temporary lifeline by Eskom. Transpaco is struggling, while Aveng is at least slightly in the green now on HEPS.

Ghost Bites (Bidvest | DRDGOLD | Hyprop | Metair | Northam Platinum | Orion | Pick n Pay | RMB Holdings | Vukile Property...

Pick n Pay looks more like a basket case by the day, with losses increasing rather than improving. RMB Holdings announced an offer by the Atterbury consortium. Vukile Property Fund's local festive numbers look good. Other updates came in from Bidvest, DRDGOLD, Hyprop, Metair, Northam Platinum and Orion Minerals.

Ghost Bites (DRDGOLD | MC Mining | Pepkor | Shoprite | Vukile)

Pepkor and Shoprite have shown us what success in retail looks like. Vukile is acquiring a property in Spain. DRDGOLD agreed a multi-year wage deal, but it comes at a cost. MC Mining is suspending operations at Uitkomst Colliery to preserve cash.

Ghost Bites (Anglo American | DRDGOLD | Labat Africa | WeBuyCars)

WeBuyCars is taking a big step with the acquisition of GoBid. DRDGOLD is crystallising renewable energy investments. Labat Africa's earnings have shot up. Anglo American has given a general update on major projects and the progress made in simplifying the group.