Posts Tagged: Grand Parade Investments
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.
Weekly corporate finance activity by SA exchange-listed companies
Weekly summary of corporate finance activity by South African exchange listed companies
Ghost Bites (Astral Foods | Barloworld | Brikor | FirstRand | Naspers + Prosus | Netcare | Omnia | PPC | Sirius | Stefanutti Stocks)
Look out for important earnings updates from several large companies, including the likes of Barloworld, FirstRand and Netcare. Sirius is tapping the market for capital.
Ghost Bites (Advanced Health | Pick n Pay | Schroder European REIT | Stefanutti Stocks)
Advanced Health seems to be headed for the exit. Pick n Pay invests in red meat. Schroder’s valuation goes the wrong way. Stefanutti Stocks gets paid on its claim soon.
Ghost Bites (Bidvest | MultiChoice | Transcend Residential)
There weren’t many updates on Thursday on the JSE, but there were a couple that really counted. Bidvest and MultiChoice are whistling two different tunes at the moment.
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.
Ghost Bites (Afrimat | Coronation | Datatec | Grindrod Shipping | Investec | Investec Property Fund | Netcare | Purple Group | Sanlam)
Investec, Netcare and Sanlam reported strong numbers. Afrimat and Investec Property Fund took a knock in this environment, with Grindrod shipping now in the red. Coronation, Datatec and Purple Group also had important updates.
Ghost Bites (enX | MTN | Octodec | RFG Holdings | Sappi | Trematon)
Times are tough at MTN and at Sappi. RFG Holdings is doing nicely, Octodec is on the up ad Tramaton is flat if you read carefully. There’s an unexciting mandatory offer at enX.
Ghost Bites (Equites | Industrials REIT | Karoooo | Quantum Foods | Sibanye | Steinhoff | Vukile)
Equites’ NAV takes a knock. Karooooo is still growing strongly. Sibanye just can’t win and neither can Quantum Foods. Vukile invests further in Spain. Industrials REIT releases its circular. Steinhoff sells Mattress Firm.
Ghost Bites (Astral Foods | Aveng | Calgro M3 | CMH | MTN Uganda | Rebosis)
CMH released stellar results with fascinating segmentals. Calgro M3 gave the market a nice surprise, Aveng has banked the Trident disposal and Astral’s profitability has been crushed. MTN Uganda and Rebosis also released updates.
