Tag:
Oceana
Ghost Bites
Ghost Bites (Brimstone | British American Tobacco | Hyprop | Sappi | Stor-Age | Vodacom)
Hyprop's bookbuild was a huge success and now Stor-Age is jumping on that bandwagon. Vodacom is taking control of Safaricom. Sappi is trying to improve its situation in European graphic paper. British American Tobacco is selling down ITC Hotels, while Brimstone is reducing its Oceana stake.
Ghost Bites
Ghost Bites (Attacq | Mantengu | Nedbank | Pepkor | Sea Harvest | Stefanutti Stocks | Zeda)
Pepkor is just going from strength to strength - and starting a bank! Sea Harvest is grateful for the focus on hake. Zeda's earnings are up, but not for the best reasons. Attacq is on track. Stefanutti Stocks still has work to do on the balance sheet. Nedbank has settled with Transnet. Mantengu has swung sharply into losses.
Ghost Bites
Ghost Bites (Harmony Gold | Invicta | Netcare | Oceana | PPC | Prosus – Naspers | Stefanutti Stocks)
Prosus - Naspers is growing strongly, with all eyes on the Just Eat Takeaway.com integration. PPC's turnaround strategy is working incredibly well. Invicta and Netcare both took advantage of share buybacks. Oceana was dragged down by fish oil prices. Harmony Gold is pushing further into copper. Stefanutti Stocks has settled with Eskom.
Ghost Bites
Ghost Bites (Brait | Cell C | Italtile | Premier – RFG Holdings | Sanlam)
Cell C's offer is open to qualifying shareholders. Brait is enjoying a strong lift at Virgin Active. Premier - RFG have released their merger circular. Italtile is still struggling. Sanlam's numbers are going to become trickier to interpret.
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 (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.
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 (Capital Appreciation | Greencoat Renewables | Naspers | Oceana | OUTsurance | Sirius Real Estate | Southern Sun)
OUTsurance released blockbuster results. Capital Appreciation, Oceana and Southern Sun gave helpful business updates. Naspers has decided to do a stock split. Greencoat Renewables needs more wind. Sirius Real Estate raised further debt.
