Tag:
MAS
Ghost Bites
Ghost Bites (Anglo American | Ascendis | Balwin | Kumba Iron Ore | Old Mutual | Santova | Valterra Platinum | WeBuyCars)
WeBuyCars was punished by the market. Old Mutual hosted a capital markets day. Ascendis wants to go private - again. Anglo, Kumba and Valterra Platinum released production updates.
Balwin and Santova released results.
Ghost Bites
Ghost Bites (Adcock Ingram | MAS | Newpark | SA Corporate Real Estate | Sappi)
Sappi is digging for every cent they can. SA Corporate Real Estate is acquiring a large residential property portfolio. MAS has a significant change of direction. Adcock Ingram shareholders say yes to Natco Pharma. Newpark REIT was hurt by reversions.
Ghost Bites
Ghost Bites (Accelerate Property Fund | Afrimat | Datatec | Finbond | Newpark REIT | SA Corporate Real Estate)
Afrimat has found some positive momentum. Accelerate released the critical Portside disposal circular. Datatec is flying. In other property news, Newpark REIT has updated earnings guidance and SA Corporate Real Estate is selling Bluff Towers. Finally, Finbond is profitable again.
Ghost Bites
Ghost Bites (Boxer | CMH | Emira | HCI | MC Mining | PSG Financial Services | Vukile)
Boxer and Vukile show us where the growth is in South Africa, while Emira is struggling with its property portfolio. CMH has done a great job in a changing automotive environment. PSG Financial Services is going from strength to strength. HCI keeps jumping through hoops for SACTWU. MC Mining made a gross loss - not something you'll see very often!
Ghost Bites
Ghost Bites (Anglo American | Attacq | Ethos Capital | Hyprop | Libstar | Premier Group | RFG Holdings)
Libstar might be headed for the exit. Attacq released excellent results and Hyprop's dividend nearly managed double-digit growth. Premier's earnings are expected to be much higher. RFG Holdings is struggling with weak demand. Anglo American is pushing deeper into copper. Ethos Capital flagged strong growth.
Ghost Bites
Ghost Bites (MAS | Northam Platinum | Super Group)
MAS put out strong numbers, with the market hoping for a return to dividends as soon as possible. Northam Platinum's costs are running far too hot. Super Group's continuing operations are down, but not by much.
Ghost Bites
Ghost Bites (Afrimat | Bidcorp | Blue Label Telecoms | Curro | OUTsurance | Spur | Transpaco)
Curro is becoming a non-profit organisation - and it all makes perfect sense. OUTsurance is flying. Punters took profit on Blue Label after results. Afrimat and Transpaco are having a tough time. Bidcorp put in a dependable performance. Spur has a legal battle around a rib plant.
Ghost Bites
Ghost Bites (ADvTECH | Clientele | Fairvest | Harmony | Hulamin | Italtile | Momentum | Sasol)
Fairvest's capital raise is a sign of frothiness creeping back into the property sector. ADvTECH, Clientele and Momentum released excellent numbers. Sasol's debt reduction and free cash flow got the market excited. Harmony didn't capitalise on gold price opportunities. Italtile posted resilient numbers, while Hulamin's performance was poor.
