Tag:
Metrofile
DealMakers
Weekly corporate finance activity by SA exchange-listed companies
Weekly summary of corporate finance activity by South African exchange listed companies
Ghost Bites
GHOST BITES (Gold Fields | Mantengu Mining | Metrofile | MTN Rwanda)
Gold Fields had a strong start to the year, but the JV with AngloGold in Ghana is off the table. MTN Rwanda grew ahead of inflation. Metrofile's potential suitor is doing a due diligence. Mantengu released a strange trading statement.
DealMakers
Weekly corporate finance activity by SA exchange-listed companies
Weekly summary of corporate finance activity by South African exchange listed companies
Ghost Bites
GHOST BITES (Bell Equipment | Metair | Metrofile | Zeder)
Metair released its annual report - but there's a key disclosure that I just can't find. Metrofile has caught the eye of a potential buyer. Zeder is disposing of some African businesses. Bell Equipment tightened its earnings guidance.
Ghost Bites
GHOST BITES (Astoria | Barloworld | Fairvest | Master Drilling | Oceana | Pepkor | Remgro | Santova)
Fairvest had no problem raising capital. Pepkor announced a major acquisition. Santova has also flagged a potential acquisition. Astoria, Barloworld and Oceana released difficult numbers. Master Drilling's dividend growth has distracted the market from impairments.
Ghost Bites
GHOST BITES (FirstRand | Grindrod | Lesaka Technologies | Lighthouse | MTN | Mustek | Sanlam)
FirstRand and Sanlam released strong financial services sector numbers. Lighthouse is acquiring a property in Madrid and Lesaka completed the Recharger acquisition. MTN Uganda released terrific numbers. Grindrod had a tough year. I still don't know why Novus wants Mustek.
Ghost Bites
GHOST BITES (Attacq | Cashbuild | Curro | Emira | Growthpoint | Old Mutual | Quilter | Spur | STADIO | Trellidor | Woolworths)
Woolworths released really disappointing numbers. Curro has a demand problem, but earnings are up for now. Attacq, Quilter, Spur and STADIO all had strong stories to tell. Trellidor and Growthpoint are on the up. Cashbuild and Old Mutual were less exciting. Emira sold a property portfolio.
Ghost Bites
GHOST BITES (AfroCentric | Aspen | Bidvest | Clientele | Italtile | JSE | MAS | Metrofile | MTN | Mustek | PPC |...
Aspen, MTN Ghana, PPC, RCL Foods and Santam all had particularly good stories to tell, with Clientele, JSE and MAS in the green as well. Bidvest was a mixed bag in 2024. Italtile pulled off a resilient performance in the end. AfroCentric released very poor numbers, with Metrofile and Mustek also deep in the red.
