Tag:

Labat

Weekly corporate finance activity by SA exchange-listed companies

Weekly summary of corporate finance activity by South African exchange listed companies.

Ghost Bites (Anglo American | Grindrod | KAP | Libstar | Mr Price)

Mr Price blows up its investment thesis - and spectacularly. KAP is looking much better. Anglo American and Teck Resources shareholders approve the merger. Grindrod's performance is a mixed bag. Libstar continues to clean house.

Ghost Bites (4Sight | Insimbi | Jubilee Metals | Labat | Prosus | Safari Investments – Heriot | Stefanutti Stocks | Standard Bank)

Safari Investments plans to go private with Heriot - but at a cheeky price. Prosus will get 100% of Just Eat Takeaway.com. Standard Bank's performance is consistent. Labat is a very different company now. On a busy day, we also saw updates from the likes of 4Sight, Insimbi, Jubilee Metals and Stefanutti Stocks.

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 (enX | Labat | SA Corporate Real Estate | Sabvest | South32 | Supermarket Income REIT)

enX has sold its lubricants division and the market loves the deal. SA Corporate Real Estate released a pre-close update. Sabvest and South32 have corporate news. Labat is still losing a fortune. Supermarket Income REIT lists on the JSE.

Ghost Bites (enX | Jubilee Metals | Marshall Monteagle | Trustco)

enX is selling Eqstra to Nedbank. Jubilee Metals has taken a big step forward with its coal strategy. Look out for earnings news from Marshall Monteagle and Trustco as well.

Ghost Bites (Advanced Health | AECI | Altron | AVI | British American Tobacco | De Beers (Anglo) | Labat | Naspers + Prosus...

Important numbers were released by the likes of AECI, Altron, AVI and British American Tobacco. Naspers released the cross-holding circular. Is De Beers suffering from lab-grown diamonds.

Ghost Bites (Brimstone | Growthpoint | Harmony | Labat | Mr Price | Stadio)

Growthpoint and Mr Price were the biggest stories of the day, with important updates from Harmony and Stadio as well. Brimstone's NAV is available. Labat did something strange.