Posts Tagged: Emira Property Fund
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
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 (Coronation | Finbond | Gemfields | Merafe | Reinet | Santova | Tiger Brands)
Tiger Brands is dropping its CEO. Coronation gave an AUM update. Finbond and Santova released numbers, while Merafe gave a production update. Gemfields gave a summary of share buybacks.
Ghost Bites (Anglo American | Ellies | Newpark REIT | PSG Financial Services | Sirius | Tharisa | Transcend – Emira | Trustco)
Anglo gives details on the crop nutrients business. Ellies delays the circular (again). Newpark and PSG both releases strong numbers. Sirius recycled capital. Tharisa updated the market on Karo. Transcend shareholders approved the deal. Trustco is doing Trustco things.
Ghost Bites (AfroCentric | AngloGold | Fairvest | Gemfields | Mondi | Oceana | Prosus + Naspers | RFG | Zeder)
Bob van Dijk is out at Prosus. It was a day for food and agriculture updates, with Oceana, RFG and Zeder all weighing in. AfroCentric released earnings. AngloGold and Mondi had M&A news. Gemfields reported on an emeralds auction.
Ghost Bites (Bowler Metcalf | Coronation | Orion Minerals | Sanlam | Santam | Shoprite | The Foschini Group)
It was a big day for retail updates, with Shoprite and The Foschini Group being the big news. We also saw updates from Bowler Metcalf, Coronation, Orion Minerals, Sanlam and Santam.
Ghost Bites (Absa | Sable Exploration and Mining | Transcend Property + Emira | Trustco)
Absa implemented its B-BBEE deal. Sable announced a joint venture opportunity. Transcend and Emira released the joint buyout circular. Trustco is converting debt to equity.
Ghost Bites (Emira + Transcend | Libstar | Sibanye | Transpaco)
Emira wants to take Transcend private and won’t be paying a premium to the current price. Libstar and Sibanye have both suffered significant earnings drops, while Transpaco is headed in the right direction.
Ghost Bites (Astoria | Curro | Investec | Gold Fields | JSE | MiX Telematics | OUTsurance | Workforce | 4Sight)
Look out for numbers from Astoria, Curro, Gold Fields, JSE, MiX Telematics, OUTsurance and Workforce. Investec has met regulatory requirements for the Rathbones deal.
Ghost Bites (AYO | Clientele | Delta Property Fund | Grindrod Shipping | Netcare | Old Mutual | Salungano | Spar | Woolworths)
Woolworths was the biggest story of the day with a trading update for the financial year. Spar has new management and Netcare needs need management. Clientele is looking at an acquisition. All this and more in Ghost Bites.
Ghost Bites (Anglo American Platinum | Datatec | Merafe | Oceana | Orion | Richemont | Schroder)
Richemont took a nasty knock based on poor sales in the Americas. Amplats released ugly numbers. Merafe had lower production. Oceana’s US subsidiary refinanced debt. Orion has drawn down on its debt. Updates from Datatec and Schroder as well.
