Tag:
Glencore
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 (ASP Isotopes | Glencore | Sasol | Sabvest | Super Group)
Sasol's earnings tripled sequentially in H2. Glencore made a killing in the six months to June. Sabvest has kept on delivering, while Super Group has lived up to its name. ASP Isotopes is in full storytelling mode, with all eyes on helium.
Ghost Bites
Ghost Bites (ArcelorMittal | Glencore | Shaftesbury Capital | Valterra Platinum)
ArcelorMittal has gone from bad to worse. Glencore is on track for full year production, while Valterra Platinum just banked the third highest interim profit in company history. Shaftesbury Capital's London West End strategy is paying off.
Ghost Bites
Ghost Bites (Copper 360 | Merafe | Momentum | Pan African Resources | Sirius Real Estate | Tiger Brands)
Tiger Brands put in an exceptional margin performance. Sirius Real Estate had a busy period of deals. Pan African Resources had a record year of cash flow, but the market hated the guidance. Momentum is still living up to its name. NERSA has thrown Merafe a lifeline. Copper 360 finds no love in the market.
Ghost Bites
Ghost Bites (Anglo American | Astral Foods | Calgro M3 | enX | Famous Brands | Harmony Gold | Nutun | Pick n Pay...
An enormous day of news saw 12 major corporate updates across multiple sectors, all covered in detail in Ghost Bites alongside the smaller Nibbles.
Ghost Bites
Ghost Bites (Clientèle | Glencore | Merafe | MTN | Santova)
Dividend darling Clientèle wants to delist. Glencore is telling a bullish story after Q1, with MTN Nigeria also enjoying the current oil situation. Merafe should have an answer on the electricity tariffs by June. Santova clawed back a lot of lost ground in the second half of the year.
Ghost Bites
Ghost Bites (MTN – Optasia | Ninety One | Orion Minerals | PSG Financial Services)
PSG Financial Services is shooting the lights out. MTN Nigeria seems to be the source of Optasia's headache. Ninety One's assets were fairly resilient during a tough quarter. Orion Minerals is moving closer to production.
Ghost Bites
Ghost Bites (BHP | Eastern Platinum | Exxaro | MTN | Nu-World | Orion Minerals)
A busy couple of days saw primarily mining sector updates, with important funding news at BHP and Orion Minerals. Exxaro has locked in a long-term supply contract with Eskom. Eastern Platinum hopes to break even in 2026. MTN Ghana has localised ownership of its fintech business. Nu-World's trading statement is encouraging.

