Tag:
Premier
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 (Crookes Brothers | Mahube Infrastructure | Mantengu | PBT | Premier – RFG | Quantum Foods)
Quantum Foods had one of its best periods in a decade. Mantengu has a lot to do in the second half of the year. PBT Holdings unlocked strong margin gains. Crookes Brothers is a reminder of how tough agri is, while Mahube Infrastructure proves that renewables aren't easy either.
Ghost Bites
Ghost Bites (Blu Label – Cell C | Hammerson | Sea Harvest | Sirius Real Estate | SPAR)
Cell C's IPO fell short on pricing. SPAR's difficult turnaround continues. Sea Harvest is selling Ladismith Cheese. Hammerson bought a UK property and Sirius Real Estate closed an acquisition in Germany.
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 (Burstone | Life Healthcare | Momentum | NEPI Rockcastle | RFG Holdings | Southern Sun)
Momentum goes from strength to strength. Southern Sun has great occupancy, but cost pressures are evident, Life Healthcare is complex, but growing. NEPI Rockcastle and Burstone are doing all kinds of exciting things, yet earnings growth is relatively tame. RFG Holdings was dragged down by the International segment.
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
Who’s doing what this week in the South African M&A space?
Weekly summary of Merger & Acquisition activity by South African companies
DealMakers
Weekly corporate finance activity by SA exchange-listed companies
Weekly summary of corporate finance activity by South African exchange listed companies
