Tag:

Newpark REIT

Weekly corporate finance activity by SA exchange-listed companies

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

Ghost Bites (DRDGOLD | Hudaco | Richemont | Supermarket Income REIT)

Richemont's blowout sales growth brings luxury back in vogue. Supermarket Income REIT is raising £100 million for acquisitions. DRDGOLD has released a presentation to explain their capex cycle. Hudaco locked in the world's strangest (or most efficient?) share repurchase.

Ghost Bites (Accelerate Property Fund | Deneb | Stefanutti Stocks)

In a day of updates from more unusual names on the JSE, we saw Deneb and Stefanutti Stocks with highly encouraging trading statements. Accelerate Property Fund has suffered a setback on its turnaround journey.

Ghost Bites (AngloGold | Greencoat Renewables | Pan African Resources | Sea Harvest | The Foschini Group)

AngloGold's free cash flow almost tripled year-on-year, while sector peer Pan African Resources is making progress on its deal in Australia. The Foschini Group's Australian story is becoming meme-worthy, with the group in trouble. Sea Harvest is officially out of Ladismith Cheese. Greencoat Renewables released quarterly numbers.

Weekly corporate finance activity by SA exchange-listed companies

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

Ghost Bites (Novus | Prosus | Spear REIT)

Spear REIT announced a meaty property acquisition in Mitchells Plain. Prosus is selling down the Delivery Hero stake. Novus is getting less money for its Print Letting Enterprise.

Ghost Bites (Adcock Ingram | MAS | Newpark | SA Corporate Real Estate | Sappi)

Sappi is digging for every cent they can. SA Corporate Real Estate is acquiring a large residential property portfolio. MAS has a significant change of direction. Adcock Ingram shareholders say yes to Natco Pharma. Newpark REIT was hurt by reversions.

Weekly corporate finance activity by SA exchange-listed companies

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