Tag:
Mr Price
Ghost Bites
Ghost Bites (Accelerate Property Fund | Cashbuild | Mahube Infrastructure | Master Drilling | Motus | Old Mutual | Redefine Properties)
Old Mutual and Redefine put out positive numbers, while Cashbuild, Master Drilling and Motus also managed to grind out some growth. Accelerate Property Fund is selling two buildings at NAV. Mahube Infrastructure looks like it could delist.
Ghost Bites
Ghost Bites (African Rainbow Minerals | Aveng | MAS | Nedbank | Sibanye-Stillwater | STADIO | Vodacom – Remgro)
The Prime Kapital parties almost have control of MAS. STADIO is growing strongly. Nedbank is selling Ecobank. Sibanye's earnings are up 19x year-on-year. Aveng's numbers are deeply in the red. African Rainbow Minerals bought more of Surge Copper. Vodacom and Remgro are nearly there with the fibre deal.
Ghost Bites
Ghost Bites (Capitec | Grindrod | KAP | Lighthouse | Nedbank | Truworths)
Capitec just doesn't stop growing, but Nedbank is acquiring iKhokha to try get a slice of the action. Truworths has suffered a earnings knock, with SA looking especially weak. KAP is doing worse than expected. Grindrod's core earnings are flat. Lighthouse's dividend is up.
Ghost Bites
Ghost Bites (Accelerate Property Fund | Sea Harvest | Spear REIT | Valterra Platinum)
It's all eyes on the second half at Valterra Platinum. Sea Harvest's numbers are even better than previously guided. Spear REIT announced another acquisition. Accelerate Property Fund received reasonable support for the rights offer.
Ghost Bites
Ghost Bites (Adcock Ingram | AECI | Karooooo | Mr Price | MultiChoice | Northam Platinum | Santam | Spear REIT | Vodacom)
The take-private bid for Adcock Ingram is juicy to say the least. Mr Price had a tough June but a resilient quarter overall. MultiChoice got the green light for the Canal+ deal. AECI, Karooooo, Northam Platinum and Vodacom released financial updates. Santam is growing offshore, while Spear REIT sticks to the Western Cape.
Ghost Bites
Ghost Bites (4Sight | Alexander Forbes | Aveng | Barloworld | Lighthouse | Oceana | Omnia | PPC | Santova)
PPC's turnaround looks pretty spectacular, while Alexander Forbes and small cap 4Sight are both doing well. Lighthouse raised R400m in equity. Santova gave loads of details around its strategy. Aveng and Oceana are having tough times. Omnia is flat overall. Barloworld got the green light from the Competition Commission.
Dominique Olivier
Click or brick: where does the future of shopping lie?
Online shopping was supposed to take over the world - so why are more people demanding access to physical stores? The numbers tell an interesting story about the need for omnichannel strategies.
Ghost Bites
GHOST BITES (Coronation | Mr Price | Quilter | Vukile)
Coronation's AUM has moved sharply higher and Quilter also has a great story to tell about growth in that sector. Mr Price is winning market share and had a strong finish to 2024. Vukile's Spanish property acquisition may still go ahead in the aftermath of floods.
