Tag:
MTN
Ghost Bites
Ghost Bites (Altron | Ethos Capital | Exxaro | MTN Rwanda | Oceana | Pepkor | Redefine Properties | Santova)
Pepkor shows what is possible in retail. Santova paints a worrying picture around SA trade. Altron is a mixed bag, while Redefine looks solid and MTN Rwanda adds to the positivity around Africa. Oceana had a better than expected finish to the year. Ethos Capital is moving closer to a full value unlock. Exxaro sold a business.
Ghost Bites
Ghost Bites (Astral Foods | Glencore | KAP | MTN Ghana)
Astral Foods had a stunning second half. Glencore has given tighter guidance for the full year. MTN Ghana had a strong quarter. KAP is trying to fix the economics of PG Bison's Cape-based forestry assets through a merger.
Ghost Bites
Ghost Bites (City Lodge | Discovery | FirstRand | Lesaka Technologies | Mantengu)
FirstRand remains an excellent business. The market didn't enjoy the Discovery numbers. City Lodge is showing signs of life. Lesaka Technologies is growing solidly. Mantengu announced a new acquisition.
Ghost Bites
Ghost Bites (Absa | Aveng | CA Sales | MTN | Northam Platinum | Orion Minerals | Thungela)
Absa's earnings were boosted by the credit loss ratio. MTN punters took profit on Monday, but why? Thungela's commitment to its dividend is incredible. CA Sales flagged strong earnings, Northam Platinum had a rough time with Eland and Aveng is an ugly story in Australia. Orion Minerals raised over R20 million from retail investors.
Ghost Bites
Ghost Bites (Gemfields | Impala Platinum | Italtile | MTN Uganda | Powerfleet | Rainbow Chicken)
Rainbow Chicken's HEPS has jumped sharply, while Impala Platinum's earnings have plummeted and Italtile has come in pretty flat. MTN Uganda remains a star in Africa. Gemfields found a buyer for Faberge. Powerfleet's numbers are still very messy due to acquisitions.
Ghost Bites
Ghost Bites (ADvTECH | Blue Label Telecoms | Metair | MTN | RCL Foods | Sappi | The Foschini Group)
The market didn't like The Foschini Group's update, but Metair and MTN were a hit. RCL Foods had a rough second half. Sappi remains a rollercoaster ride. ADvTECH is buying another school. Blue Label is playing its cards close to its chest.
Ghost Bites
Ghost Bites (AngloGold | Deneb | eMedia – Remgro | MTN Ghana | Novus – Mustek)
AngloGold Ashanti continues to shine. MTN Ghana adds to the African telco party. eMedia released the Venfin (Remgro) circular. There's another twist in the Novus - Mustek saga. Deneb offloads a property.
DealMakers
Weekly corporate finance activity by SA exchange-listed companies
Weekly summary of corporate finance activity by South African exchange listed companies
