Tag:
Mustek
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 (Afrimat | Fortress Real Estate | MTN | SPAR)
MTN sets out Ambition 30 at its Capital Markets Day. SPAR is fighting for dear life, with the latest numbers showing just how tough it is. Fortress Real Estate is ticking over nicely. Afrimat is disposing of some quarries and concrete plants.
Ghost Bites
Ghost Bites (Omnia | PPC | Sygnia)
In a country where far too many execs throw their hands in the air and blame difficult conditions, we find updates from three companies that have made it work: Omnia, PPC and Sygnia all have great stories to tell.
Ghost Bites
Ghost Bites (The Foschini Group | Mr Price)
The Foschini Group hasn't stabilised yet, with negative operating leverage continuing to plague shareholders. Mr Price has enjoyed a partial share price recovery.
Ghost Bites
Ghost Bites (Coronation | Datatec | eMedia | Frontier Transport | HCI | Pepkor | Santova | Stefanutti Stocks | Tsogo Sun | Zeda)
On another ultra busy day of earnings, we saw a positive update from HCI despite pressure in other names in the stable (eMedia / Frontier Transport / Tsogo Sun). Pepkor is my pick in the clothing sector and Zeda is working out well for me. Coronation, Datatec, Santova and Stefanutti Stocks all joined the fray.
Ghost Bites
Ghost Bites (AECI | Bidcorp | Blu Label | Fortress Real Estate | Hammerson | Motus | Mustek | Shaftesbury | Valterra Platinum)
A busy day of earnings news saw financials come in from AECI, Bidcorp, Blu Label, Hammerson, Motus, Mustek, Shaftesbury and Valterra Platinum. Fortress Real Estate gave shareholders a precise view of distributable income, with more details to follow.
Ghost Bites
Ghost Bites (Cell C | Ethos Capital | Mustek | KAP)
Cell C's maiden results as a listed company show us their growth engines, but also expense pressures. KAP is looking much better than before, and so is Mustek. Ethos Capital is repurchasing 41.5% of its shares in issue.
Ghost Bites
Ghost Bites (AfroCentric | Aspen | Novus – Mustek)
Aspen announced the disposal of Aspen APAC and the market loved it. AfroCentric is disposing of Activo and the market forgot to notice - for now, at least. And for Novus, a purchase of 3,000 shares has turned out to be very expensive in the Mustek deal.
