Wednesday, November 6, 2024
Tag:

MC Mining

GHOST BITES (Adcorp | AB InBev | MTN | Oceana | Pan African Resources | Renergen)

Adcorp's restructuring costs hit their profits. AB InBev's volume growth is mainly in no-alcohol beers. Pan African Resources delivered a great project. MTN Nigeria is still struggling. Oceana had a disappointing second half of the year. Renergen is pushing on through challenges.

Ghost Bites (Ethos Capital | MC Mining | Nampak | Netcare | PPC | Rainbow Chicken | Spar | York Timber)

Nampak has successfully refinanced its group. Netcare is on for a good year, but PPC investors need to be patient. Spar, York Timber and smaller counters Ethos Capital and MC Mining all released numbers. Rainbow Chicken extracted its results to help shareholders out.

Ghost Bites (Attacq + Hyprop | Capital & Regional + Growthpoint | Choppies | Gemfields | Vukile)

Attacq and Hyprop completed the African deals. Growthpoint will support the NewRiver offer for Capital & Regional. In further property news, Vukile released a pre-close update. Choppies and Gemfields released numbers.

Weekly corporate finance activity by SA exchange-listed companies

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

Ghost Bites (Bidcorp | Finbond | Murray & Roberts | MC Mining | PPC | Transpaco)

Bidcorp has released great numbers. Murray & Roberts is on the mend. MC Mining has attracted major foreign investment. PPC is paying a special dividend. Transpaco's numbers are uninspiring. Finbond is doing a risky deal.

Ghost Bites (Copper 360 | KAP | Master Drilling)

KAP has given tighter earnings guidance, with a likely drop in HEPS year-on-year. Watch out for impairments at Master Drilling. Copper 360 had some changes to its financials.

Ghost Bites (Curro | Mantengu Mining)

Curro's earnings have finally recovered to 2020 levels, but 2019 levels are still a long way off. Mantengu Mining's Birca Copper deal is in serious doubt.

Ghost Bites (AECI | Altron | MTN | Shaftesbury | Woolworths)

Woolworths Food is the only bright spot in the group right now. AECI is hoping for a much better second half. Altron's recovery momentum continues. MTN Nigeria is really hurting. Shaftesbury's valuations ticked higher.
Verified by MonsterInsights