Tag:
Richemont
Ghost Bites
Ghost Bites (AECI | Redefine)
AECI has announced a few asset disposals that the market loved, but they've also hinted at further acquisitions as well. Redefine is selling Rosebank Corner.
Ghost Bites
Ghost Bites (AngloGold | Coronation | Mpact | Richemont)
AngloGold to acquire Augusta Gold in the US. Richemont's sales are in the green, but the strong euro is hurting them. Coronation's AUM was boosted by market prices. Mpact's profits are expected to move sharply lower.
Ghost Bites
Ghost Bites (CMH | Invicta | Ninety One | SPAR)
SPAR's numbers tell a tough story, but there's hope. Invicta has flagged strong earnings. Ninety One enjoyed a much better second half. CMH finally has a succession plan.
Ghost Bites
Ghost Bites (Blue Label | Collins Property Group | Finbond | MAS | Nampak | NEPI Rockcastle | Newpark | Nutun | Pepkor |...
Richemont released numbers, as did Pepkor at the other end of the retail spectrum.. Blue Label could list Cell C separately. Collins Property Group, MAS, NEPI Rockcastle and Newpark all had property sector news, in addition to Primary Health upping its play for Assura. Look out for Finbond, Nampak, Nutun and Tiger Brands as well.
Ghost Bites
GHOST BITES (ADvTECH | Ascendis | Astral Foods | Burstone | Gold Fields | Grand Parade Investments | Premier | Raubex | Southern Sun...
ADvTECH and STADIO have shown how to make money in education. Raubex keeps delivering. Astral Foods is facing adversity again. Gold Fields is trying to acquire Gold Road. Look out for Ascendis, Burstone, Grand Parade, Premier and Southern Sun as well.
Ghost Bites
GHOST BITES (Aveng | Jubilee Metals | Metair)
Aveng shareholders are licking their wounds. Jubilee is trying to catch up lost production at Roan. Metair is making major strategic changes in its business, but that balance sheet looks frightening.
Ghost Bites
GHOST BITES (Glencore | Kore Potash | Sirius Real Estate)
Glencore's 2024 production and commodity pricing numbers reveal the recent pressure on the business and the sector. Kore Potash is fully focusing on raising funding. Sirius Real Estate is a good example of different debt strategies.
Ghost Bites
GHOST BITES (Blue Label Telecoms | Reinet | The Foschini Group | York Timber)
The Foschini Group's momentum swung positive, but results still aren't good. York Timber got the funding for the Stevens Lumber Mills deal. Blue Label has cleared a regulatory hurdle. Reinet released its last-ever NAV that includes British American Tobacco.
