Tag:
RH Bophelo
Ghost Bites
Ghost Bites (Attacq | Mantengu | Nedbank | Pepkor | Sea Harvest | Stefanutti Stocks | Zeda)
Pepkor is just going from strength to strength - and starting a bank! Sea Harvest is grateful for the focus on hake. Zeda's earnings are up, but not for the best reasons. Attacq is on track. Stefanutti Stocks still has work to do on the balance sheet. Nedbank has settled with Transnet. Mantengu has swung sharply into losses.
Ghost Bites
Ghost Bites (Adcock Ingram | Gold Fields | Grindrod | Hulamin | MTN Zakhele Futhi)
Gold Fields is printing cash. Grindrod needs better numbers in Logistics. Hulamin needs better numbers everywhere. Adcock Ingram could delist later this year. MTN Zakhele Futhi estimates a residual value of R4 per share.
Ghost Bites
Ghost Bites (Assura – Primary Health Properties | MultiChoice | Naspers – Prosus | Pan African Resources)
Pan African Resources and Naspers/Prosus have both been winners for me this year, with latest numbers showing why. MultiChoice is in much pain. Assura is going ahead with the KKR/Stonepeak offer, not the Primary Health Properties merger.
Ghost Bites
Ghost Bites (Accelerate Property Fund | Capital Appreciation | Copper 360 | Dis-Chem | HCI | Huge | Insimbi | Mustek – Novus |...
Dis-Chem released results, but the market didn't like something about them. Santova announced a clever deal. Accelerate is raising R100m. Capital Appreciation looks strong. Mustek - Novus released the offer circular. Sirius is doing deals. Copper 360, HCI, Huge Group and Insimbi also released important updates.
Ghost Bites
GHOST BITES (AfroCentric | Fortress | Harmony Gold | Impala Platinum | KAP | Life Healthcare | Motus | MTN | OUTsurance | Sanlam...
Earnings updates came through from AfroCentric, Fortress, Harmony Gold, Impala Platinum, KAP, Motus, MTN, OUTsurance, Sanlam, Shaftesbury, Spar and Truworths. Life Healthcare released the LMI disposal circular.
Ghost Bites
GHOST BITES (Hudaco | Murray & Roberts | South32 | Trustco)
Hudaco kicks the year off with an acquisition in South Africa (JSE: HUD)
There are potential synergies with other Hudaco businesses in terms of route...
Ghost Bites
GHOST BITES (Absa | Nampak | Trustco | Vukile Property Fund)
Absa has given updated earnings guidance for 2024 and beyond. Nampak has put in place a clever B-BBEE deal. Trustco has released the Legal Shield deal circular. Vukile's Spanish acquisition is still on hold.
Ghost Bites
GHOST BITES (Anglo American – Amplats | Equites | FirstRand | HCI | KAL Group | Life Healthcare | Pepkor | Purple | Shaftesbury...
Equites, FirstRand, HCI, KAL Group, Life Healthcare, Pepkor, Purple, Shaftesbury, Stefanutti Stocks and Zeda all gave important earnings updates. Anglo American is selling down 6% in Amplats. Vodacom and Remgro are appealing the Maziv decision.
