Tag:

PSG Financial Services

Weekly corporate finance activity by SA exchange-listed companies

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

Another Bumper Ghost Bites Edition (Boxer | Canal+ | Kumba Iron Ore | Merafe | Mpact | Vodacom)

In this bumper edition of Ghost Bites, you'll get updates from Boxer and Canal+ as two different consumer-focused companies. Kumba Iron Ore, Merafe and Mpact bring us numbers from the "real economy". Vodacom is having a grand old time in Egypt.

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 (The Foschini Group | Mr Price)

The Foschini Group hasn't stabilised yet, with negative operating leverage continuing to plague shareholders. Mr Price has enjoyed a partial share price recovery.

Ghost Bites (Coronation | Datatec | eMedia | Frontier Transport | HCI | Pepkor | Santova | Stefanutti Stocks | Tsogo Sun | Zeda)

On another ultra busy day of earnings, we saw a positive update from HCI despite pressure in other names in the stable (eMedia / Frontier Transport / Tsogo Sun). Pepkor is my pick in the clothing sector and Zeda is working out well for me. Coronation, Datatec, Santova and Stefanutti Stocks all joined the fray.

Ghost Bites (MTN – Optasia | Ninety One | Orion Minerals | PSG Financial Services)

PSG Financial Services is shooting the lights out. MTN Nigeria seems to be the source of Optasia's headache. Ninety One's assets were fairly resilient during a tough quarter. Orion Minerals is moving closer to production.

Ghost Bites (ADvTECH | Fairvest | Heriot REIT | Hulamin | Oceana | PSG Financial Services | Thungela | Vukile Property Fund)

ADvTECH's education business is doing well. Fairvest, Heriot REIT and Vukile Property Fund demonstrate the strength of our REITs. PSG Financial Services just keeps growing. Oceana is a mixed bag. Hulamin and Thungela are tough stories.

Ghost Bites (Alphamin | Harmony Gold | HCI and Deneb | Growthpoint | Metair | OUTsurance | Rainbow Chicken | Supermarket Income REIT)

Harmony Gold, Growthpoint, OUTsurance and Rainbow Chicken were the big names releasing results on the day. Alphamin could have a strong year in 2026. Metair is still struggling. HCI and Deneb are selling non-core properties. Supermarket Income REIT is a game of inches.