Tag:
Jubilee Metals
Ghost Bites
Ghost Bites (Alphamin | AYO Technology | Brimstone | Fairvest – Collins Property | Jubilee Metals | MultiChoice | NEPI Rockcastle)
MultiChoice is still making losses. Fairvest has bought a few properties from Collins. Alphamin has a new majority shareholder. Jubilee Metals is selling the chrome and PGM assets. Brimstone's NAV plummeted. NEPI needs a new CEO. AYO got censured.
Ghost Bites
Ghost Bites (British American Tobacco | Burstone | Emira | Goldrush | HCI | HomeChoice | Jubilee | MAS | Renergen | Reunert |...
Tiger Brands is a great turnaround story. Goldrush is part of the consortium that won the National Lottery Licence. Tsogo Sun is struggling. British American Tobacco, Burstone, Emira, HCI, HomeChoice, Jubilee Metals, MAS, Renergen and Reunert also released updates.
Ghost Bites
GHOST BITES (British American Tobacco | Clicks | Copper 360 | Insimbi | Jubilee Metals | PSG Financial Services)
Clicks and PSG Financial Services both released excellent numbers. British American Tobacco reaffirmed guidance. Copper 360's balance sheet is improving. Jubilee's South African business is performing well. Insimbi is now loss-making.
Ghost Bites
GHOST BITES (Castleview – SA Corporate Real Estate | Remgro | Schroder European Real Estate)
Remgro's capital markets day proved that you should find someone who looks at you the way Remgro looks at dividends. Castleview bought more of SA Corporate Real Estate. In other property news, Schroder's valuation dropped again.
Ghost Bites
GHOST BITES (Jubilee Metals | Murray & Roberts | Orion Minerals | Primary Health Properties – Assura)
Murray & Roberts released the business rescue plan. Primary Health Properties is trying to seduce Assura shareholders. Jubilee Metals needs to make a decision on the Zambian Large Waste project. Orion Minerals has a new CEO.
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 (Accelerate Property Fund | AECI | ArcelorMittal | Emira Property Fund | enX | Ethos Capital | Jubilee Metals | Nampak |...
Positive signs at Accelerate Property Fund. AECI, enX and Ethos Capital announced disposals. ArcelorMittal can keep the Longs business alive for now. Emira, Jubilee Metals, PSG, Sephaku, Vukile and York Timber had financial updates. Phil Roux is leaving Nampak.
Ghost Bites
GHOST BITES (Aveng | Jubilee Metals | Metair)
Aveng shareholders are licking their wounds. Jubilee is trying to catch up lost production at Roan. Metair is making major strategic changes in its business, but that balance sheet looks frightening.
