Tag:
Gemfields
Ghost Bites
Ghost Bites (Bell Equipment | Bidvest | Blue Label | Brimstone | CA Sales | RCL Foods | Santam | Sea Harvest | Sun...
CA Sales, RCL Foods, Santam and Sea Harvest all released solid numbers. Bidvest, Bell Equipment and Brimstone are struggling to various degrees. Sun International posted a resilient set of numbers. Blue Label has given more details on the Cell C restructure.
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 (Gemfields | Impala Platinum | Italtile | MTN Uganda | Powerfleet | Rainbow Chicken)
Rainbow Chicken's HEPS has jumped sharply, while Impala Platinum's earnings have plummeted and Italtile has come in pretty flat. MTN Uganda remains a star in Africa. Gemfields found a buyer for Faberge. Powerfleet's numbers are still very messy due to acquisitions.
Ghost Bites
Ghost Bites (AB InBev | Anglo American | ArcelorMittal | British American Tobacco | Gemfields | Hammerson | Mondi | MTN Nigeria | Woolworths)
AB InBev got dumped, while the market celebrates British American Tobacco - but why? Anglo American is in the doldrums and ArcelorMittal is losing money at pace, while auction revenues have halved at Gemfields. Woolworths, MTN Nigeria and Hammerson are good-news stories, with positive trends at Mondi as well.
Ghost Bites
Ghost Bites (FirstRand | Primeserv)
FirstRand has updated its guidance and reminded the market why it trades at a premium valuation. Primeserv's business support services model is doing very nicely.
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.
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 (Assura – Primary Health Properties | Astoria | Gemfields | Powerfleet | Stor-Age | Vukile)
Vukile released strong numbers. Stor-Age's decreased payout ratio set a few hares running. Powerfleet needs profits, not just revenue growth. Look out for Assura - Primary Health, Astoria and Gemfields as well.
