Tag:
Jubilee Metals
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 (Purple Group | RMB Holdings)
Purple Group's flywheel is really spinning now. This is the J-curve in action! At RMB Holdings (RMH), there's a lesson to be learnt around why marketability discounts are practically necessary to take into account.
Ghost Bites
Ghost Bites (African Rainbow Minerals | Datatec | Emira | Hyprop | Jubilee Metals | Master Drilling | RCL Foods | Remgro | Sephaku...
RCL Foods is betting on pets. Remgro is going ahead with the Mediclinic deal. Datatec is growing strongly. In property, we saw news from Emira and Hyprop. African Rainbow Minerals is investing further in copper, while Jubilee's copper EBITDA has at least swung positive. Master Drilling had a reasonable year. Sephaku Holdings needs more infrastructure spend to come through.
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 (Choppies | Grand Parade | Heriot REIT | Kore Potash | Remgro)
Remgro has plenty of cash, but will they ramp up their repurchases? Heriot REIT is growing very quickly for a property fund. Choppies and Grand Parade are both dealing with difficult markets. Kore Potash has several lines in the water, but they will need cash soon.
Ghost Bites
Ghost Bites (Burstone | Bytes Technology | Discovery | Gemfields | Insimbi Industrial | MAS | Netcare)
Gemfields is having a tough time - and so is Bytes Technology. Burstone, MAS and Netcare released important financial updates. Discovery achieved exceptional returns on its CMT investment. Insimbi is trying to claw its way back.
Ghost Bites
Ghost Bites (ADvTECH | Fairvest | Heriot REIT | Hulamin | Oceana | PSG Financial Services | Thungela | Vukile Property Fund)
ADvTECH's education business is doing well. Fairvest, Heriot REIT and Vukile Property Fund demonstrate the strength of our REITs. PSG Financial Services just keeps growing. Oceana is a mixed bag. Hulamin and Thungela are tough stories.
Ghost Bites
Ghost Bites (MTN Rwanda | Resilient REIT | Sanlam | Standard Bank | Woolworths)
Growth in Africa is visible at Standard Bank and MTN Rwanda. Woolworths has a new CEO - and it's an internal appointment this time. Resilient REIT achieved double-digit dividend growth. Sanlam's results are complex.
