Tag:
jse
Ghost Stories
Ghost Stories #79: Fintech meets frontier markets – now on the JSE
Optasia is listing on the JSE, which means that South African investors will have the opportunity to invest in this exciting fintech business. With a proprietary platform and extensive relationships across numerous emerging and frontier markets, Optasia builds bridges between financial institutions and traditionally unbanked consumers seeking airtime credit and microfinance solutions. To explain how the business works, Salvador Anglada (CEO, Optasia) joined me for this detailed discussion.
Ghost Bites
Ghost Bites (Deneb | Discovery | Equites Property Fund | Hammerson | Pick n Pay)
Pick n Pay might be improving, but they are still loss-making. Discovery has lofty medium-term targets. Equites Property Fund remains bullish on SA vs. UK. Hammerson is enjoying strong support in the debt markets. Deneb is acquiring 80% in Dawning Filters.
Ghost Bites
Ghost Bites (JSE | Nedbank | Pick n Pay | Shoprite | Telkom)
Pick n Pay is showing positive momentum and Shoprite is doing extremely well, but is it slowing down? Nedbank needs SA growth to pick up. Telkom is a victim of high expectations. The JSE itself is growing earnings despite all the delistings.
DealMakers
A transformative year for South Africa’s corporate law regime
Over the past year, a wave of legislative reform has begun to reshape the legal landscape in which businesses operate.
Ghost Bites
GHOST BITES (Bell Equipment | Metair | Metrofile | Zeder)
Metair released its annual report - but there's a key disclosure that I just can't find. Metrofile has caught the eye of a potential buyer. Zeder is disposing of some African businesses. Bell Equipment tightened its earnings guidance.
Ghost Bites
GHOST BITES (AfroCentric | Aspen | Bidvest | Clientele | Italtile | JSE | MAS | Metrofile | MTN | Mustek | PPC |...
Aspen, MTN Ghana, PPC, RCL Foods and Santam all had particularly good stories to tell, with Clientele, JSE and MAS in the green as well. Bidvest was a mixed bag in 2024. Italtile pulled off a resilient performance in the end. AfroCentric released very poor numbers, with Metrofile and Mustek also deep in the red.
DealMakers
Raising equity on the JSE
Equity raises often succeed when a company presents a robust acquisition pipeline and a proven track record of executing accretive acquisitions effectively.
Ghost Bites
Ghost Bites (Discovery | Glencore | JSE | MTN | Quilter)
MTN is now severely loss-making. Glencore is keeping its coal and carbon steel assets. Quilter is going from strength to strength. The JSE's margins are under pressure. Discovery is restructuring Vitality.
