Tag:
Orion Minerals
Ghost Bites
Ghost Bites (Powerfleet | Trellidor | Standard Bank)
Powerfleet is closer to achieving a net profit. Shock and horror: Standard Bank is not actually trying to acquire other banks. Trellidor's earnings have collapsed - will the turnaround ever come?
Ghost Bites
Ghost Bites (Bidvest | DRDGOLD | Hyprop | Metair | Northam Platinum | Orion | Pick n Pay | RMB Holdings | Vukile Property...
Pick n Pay looks more like a basket case by the day, with losses increasing rather than improving. RMB Holdings announced an offer by the Atterbury consortium. Vukile Property Fund's local festive numbers look good. Other updates came in from Bidvest, DRDGOLD, Hyprop, Metair, Northam Platinum and Orion Minerals.
Ghost Bites
Ghost Bites (DRDGOLD | MC Mining | Pepkor | Shoprite | Vukile)
Pepkor and Shoprite have shown us what success in retail looks like. Vukile is acquiring a property in Spain. DRDGOLD agreed a multi-year wage deal, but it comes at a cost. MC Mining is suspending operations at Uitkomst Colliery to preserve cash.
Ghost Bites
Ghost Bites (ArcelorMittal | Gemfields | Impala Platinum | MC Mining | Ninety One – Sanlam | Orion Minerals)
ArcelorMittal reported another huge loss. Impala Platinum is grateful for higher PGM prices. Gemfields signs off on an ugly year. MC Mining and Orion Minerals released quarterly updates. Ninety One and Sanlam concluded the SA component of their deal.
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.
Ghost Bites
Ghost Bites (Mr Price | NEPI Rockcastle)
Mr Price isn't backing off on the NKD deal, despite the absolute hatred for the transaction from the market. NEPI's pre-close update shows the importance of looking at per-share growth.
Ghost Bites
Ghost Bites (Argent Industrial | City Lodge | Crookes Brothers | Delta Property | Kore Potash | Investec | Lewis | Mr Price |...
A busy day of news saw retail updates from Lewis and Mr Price, along with City Lodge and Netcare as strong growth stories. Investec is finding it harder to grow at the moment. Reunert has strong momentum, while Argent Industrial and Delta Property also have positive stories. Crookes Brothers shows how hard agri really is. Kore Potash and Supermarket Income REIT announced important corporate deals.
Ghost Bites
Ghost Bites (Harmony Gold | Metrofile | Orion Minerals | Quantum Foods | Safari Investments)
Quantum Foods had a much softer second half, but still a vastly improved year. Harmony Gold completed the MAC Copper deal. Metrofile and Safari Investments released their deal circulars. Orion Minerals released a quarterly report.
