Tag:
Primary Health Properties
Ghost Bites
Ghost Bites (Remgro | South32)
South32 is getting out of the aluminium sector - and the market really likes the deal. Remgro has concluded the Mediclinic restructure.
DealMakers
Who’s doing what this week in the South African M&A space?
Weekly summary of Merger & Acquisition activity by South African companies.
Ghost Bites
Ghost Bites (Anglo American | Growthpoint | Nedbank | Optasia | Primary Health Properties | Schroder European Real Estate)
Growthpoint wants quality, not quantity. Nedbank's performance looks decent. Anglo American has unlocked important copper synergies. Optasia, Primary Health Properties and Schroder European Real Estate delivered important corporate updates.
Ghost Bites
Ghost Bites (Bytes | Canal+ | MAS | MTN | Octodec | Prosus | Spear REIT)
The market has gone cold on Prosus. MTN is the beneficiary of much better macroeconomics in Africa. Canal+ is inward listing on the JSE in June, but will they find support? Bytes Technology has a lot of work to do. In property, MAS is looking to offload some malls, while Spear REIT showed us how profitable buy-and-flip can be. Octodec's interim growth needs to be considered carefully.
Ghost Bites
Ghost Bites (Astral Foods | MTN Ghana | Primary Health Properties)
Astral Foods has tightened its earnings guidance. MTN Ghana has banked another strong quarter. Primary Health Properties is delivering on merger synergies. And there are plenty of Nibbles today!
Ghost Bites
Ghost Bites (Libstar | Mr Price | Old Mutual | Primary Health Properties | SPAR | STADIO | Woolworths)
Libstar is doing much better than before. In related sector news, Woolworths is acquiring in2food from Old Mutual Private Equity. Separately, Old Mutual released results for 2025. Mr Price is still trying to convince the market that NKD is a good deal. STADIO is growing beautifully. SPAR has launched a voluntary severance programme. Primary Health Properties released results.
Ghost Bites
Ghost Bites (MTN | Optasia | South32 | Sun International)
MTN has over 300 million customers, a great growth story, and sadly a headache in Iran. Optasia's numbers are good, but what is this related party deal? Sun International has performed very well vs. the market. South32's Mozal Aluminium smelter is on care and maintenance.
Ghost Bites
Ghost Bites (Glencore | Grindrod | Northam Platinum | Primary Health Properties | Shuka Minerals | Tharisa)
With SENS kicking into life, normal daily programming should resume soon. In the meantime, this catch-up edition deals with mining news from Glencore, Northam Platinum, Tharisa and junior house Shuka Minerals. Grindrod is enjoying strong port volumes in Mozambique. Primary Health Properties is off to a good start in life-after-Assura.
