Wednesday, October 23, 2024
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Lighthouse Properties

Weekly corporate finance activity by SA exchange-listed companies

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

Ghost Bites (Bell Equipment | Brimstone | Capital & Regional | Discovery | FirstRand | Lesaka | RFG | SA Corporate Real Estate |...

Bell's take-private is dead. Capital & Regional's deal hopes are still alive. Earnings came in from Discovery, FirstRand, Lesaka, RFG, SA Corporate Real Estate, Sibanye and Truworths. Brimstone is making an odd capital allocation.

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 | Anglo American Platinum | Growthpoint | Hyprop | Murray & Roberts | Mustek | Pan African Resources | Super...

Anglo placed the Amplats shares at a significant discount in the market. Growthpoint and Hyprop released property updates, while earnings also came in from Murray & Roberts, Mustek, Pan African Resources and Super Group.

Ghost Bites (AVI | Bell | Capitec | Sun International | Trematon | Vukile | Wesizwe Platinum)

AVI, Bell, Capitec and Sun International all released earnings, while Trematon and Vukile delivered news of major M&A activity. Wesizwe Platinum gave an operational update.

Ghost Bites (African Rainbow Minerals | Calgro | Caxton | City Lodge | Clientele | Momentum)

Momentum released the only really good numbers of the day, with African Rainbow Minerals, Caxton, City Lodge and Clientele facing challenges. There's a sudden change to top management at Calgro.

Ghost Bites (AfroCentric | Ascendis | Aspen | Motus | Pepkor | Shoprite)

On a bright red day on the local market, there were sharp negative moves for Aspen, Motus, Pepkor and Shoprite in response to announcements. AfroCentric also didn't escape the pain. Ascendis also released results.

Weekly corporate finance activity by SA exchange-listed companies

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