Tag:
Lighthouse Properties
Ghost Bites
Ghost Bites (Blu Label | DRDGOLD | Exxaro | KAP | NEPI Rockcastle | Resilient REIT | STADIO)
Important numbers came out from Blu Label Unlimited, DRDGOLD, Exxaro, KAP, Resilient REIT and STADIO. NEPI Rockcastle is branching out of Eastern Europe and heading to Spain.
Ghost Bites
Ghost Bites (Grindrod | Impala Platinum | Shoprite)
The market celebrated the latest numbers at Shoprite. Grindrod went the other way, with flat HEPS in the latest period. There's a wild move in Impala Platinum's earnings.
Ghost Bites
Ghost Bites (AECI | Jubilee Metals | Lighthouse Properties | Merafe | Northam Platinum | Powerfleet | Sabvest)
The market didn't like the AECI results. Conversely, Lighthouse Properties is doing brilliantly, as are mining duo Merafe and Northam Platinum. Sabvest has announced a bolt-on deal at ITL. Jubilee Metals wants to sell its Large Waste Project. Powerfleet is still loss-making.
Ghost Bites
Ghost Bites (ACOF | Argent Industrial | Fortress Real Estate | Goldrush | Invicta | Lighthouse Properties | Naspers/Prosus | SA Corporate Real Estate)
Prosus is generating much better free cash flow outside of Tencent. Fortress Real Estate is raising capital. Important numbers came in from Argent Industrial, Goldrush, Invicta, Lighthouse Properties and SA Corporate Real Estate. ACOF is also showing promising signs.
Ghost Bites
Ghost Bites (The Foschini Group | Mr Price)
The Foschini Group hasn't stabilised yet, with negative operating leverage continuing to plague shareholders. Mr Price has enjoyed a partial share price recovery.
Ghost Bites
Ghost Bites (Fairvest | Ninety One | Putprop)
Fairvest has upgraded full year guidance, with B shareholders celebrating strong double-digit returns at the moment. Ninety One has returned to positive net inflows. Putprop is recycling capital into a property in Kramerville.
Ghost Bites
Ghost Bites (Anglo American | CMH | Kumba Iron Ore | Merafe)
CMH is a great example of how to overcome disruption. Anglo American is a mixed bag, with diamonds going from bad to worse. Kumba Iron Ore is doing well, but remains at the mercy of Transnet. Merafe's smelter operations were negligible in the latest quarter.
DealMakers
Weekly corporate finance activity by SA exchange-listed companies
Weekly summary of corporate finance activity by South African exchange listed companies.

