Tag:
Resilient
Ghost Bites
Ghost Bites (Araxi | Equites Property Fund | Exxaro | FirstRand | Merafe | Resilient | Shaftesbury | Sibanye-Stillwater)
Equites raised over R700 million. Sibanye locked in a gold wage deal. Exxaro is running slightly behind guidance. FirstRand's UK hangover continues, but the rest looks good. Resilient expects double-digit growth. Araxi's Software business remains a problem. Merafe is putting two smelters on care and maintenance. Shaftesbury's London West End portfolio is strong.
Ghost Bites
Ghost Bites (DRDGOLD | Growthpoint | Master Drilling | MTN Rwanda | Resilient | South32 | Standard Bank)
Resilient and Standard Bank both delivered double-digit growth. DRDGOLD is loving the gold price. Growthpoint sold its stake in NewRiver. MTN Rwanda is flying. Master Drilling gave a wide earnings range. South32's Mozal Aluminium is in serious trouble.
Ghost Bites
Ghost Bites (AECI | African Rainbow Minerals | ArcelorMittal | Barloworld | Exxaro | Goldrush | Invicta | Lesaka | Lighthouse | MAS |...
An exceptionally busy day of news saw financial updates from AECI, Exxaro, Goldrush, Invicta, Lighthouse, MAS, Resilient, Spear REIT and Sephaku. News of corporate actions came through from African Rainbow Minerals, ArcelorMittal, Barloworld and Lesaka Technologies.
Ghost Bites
GHOST BITES (Exxaro | MAS Real Estate | Resilient | Super Group | Sygnia | Tiger Brands)
Super Group has agreed to sell SG Fleet and the market has celebrated. Exxaro has suspended its CEO. MAS Real Estate, Resilient, Sygnia and Tiger Brands released important financial updates.
Ghost Bites
Ghost Bites (Capital & Regional | Exxaro | Renergen | Resilient | STADIO | Standard Bank)
Standard Bank's results were impacted by China and African currencies. Exxaro, Resilient and STADIO also released numbers. Capital & Regional is still in deal talks. Renergen has an environment hurdle to overcome.
Ghost Bites
Ghost Bites (Afrimat | Barloworld | Karooooo | Nampak | Sanlam | Southern Sun)
Get the latest recap of JSE news in the Ghost Wrap podcast, brought to you by Mazars:
Afrimat marches on (JSE: AFT)
Construction Materials and Bulk...
Ghost Bites
Ghost Bites (African Rainbow Capital | Caxton – Cognition | Exxaro | MC Mining | Resilient | Standard Bank)
Standard Bank had a great year in 2023. African Rainbow Capital is looking better, for the most part. Look out for Caxton's deal with Cognition, as well as Exxaro, MC Mining and Resilient.
Ghost Bites
Ghost Bites (Castleview | Copper 360 | Hudaco | Huge Group | Hyprop | Lewis | Lighthouse | Mahube | Purple Group | Reinet...
On another busy day of news, we saw Lewis and Spar as the important retail stores, with Purple Group announced results as well. There were numerous other updates as well, including an acquisition by Hudaco.
