Tag:
Richemont
Ghost Bites
Ghost Bites (Fairvest | Ninety One | Putprop)
Fairvest has upgraded full year guidance, with B shareholders celebrating strong double-digit returns at the moment. Ninety One has returned to positive net inflows. Putprop is recycling capital into a property in Kramerville.
Ghost Bites
Ghost Bites (Bidcorp | British American Tobacco | Burstone | Invicta | Momentum | Santova | Telkom)
Telkom is brimming with confidence, while Bidcorp and British American Tobacco are executing on their global business strategies. Invicta had a flat period, with Burstone also not giving investors much to get excited about. Santova is a good business in a tough environment. Momentum's capital markets day makes for good reading.
Ghost Bites
Ghost Bites (4Sight | Emira Property Fund | ISA Holdings | Reinet | Sygnia | Telkom)
In the tech sector, 4Sight and ISA Holdings waved the flag for the small caps. Sygnia had an excellent period and Telkom shareholders are also celebrating. Reinet is the definition of a fortress balance sheet. It's a slow and steady story at Emira Property Fund.
Ghost Bites
Ghost Bites (Finbond | Gemfields | Hyprop | MAS | Orion Minerals | Quantum Foods | Reunert | Richemont | Trematon)
Richemont has welcomed a return to growth in Asia Pacific. MAS is making big changes - and Hyprop is happy to be on the other side of a deal for a property in Bulgaria. Finbond, Gemfields and Reunert all have positives and negatives to consider. Orion Minerals raised capital, while Trematon might sell Generation Education.
Ghost Bites
Ghost Bites (Bell Equipment | MAS | Sirius Real Estate)
Bell Equipment had a tough year, but they've emerged with a stronger balance sheet. Sirius Real Estate has executed another deal in the German defence strategy. MAS shareholders jumped at the PK Investments bid.
Ghost Bites
Ghost Bites (Coronation | Karooooo | Quilter)
Quilter's growth rate in assets under management and administration is impressive to say the least. Closer to home, Coronation is also growing strongly. Karooooo's margins contracted this quarter, but top-line growth is still solid.
Ghost Bites
Ghost Bites (BHP | Merafe)
BHP's first half is encouraging and the company has upgraded guidance for 2026 in copper as the key commodity. The guidance for the Jansen project is a sign of inflationary pressure, though. Over at Merafe, ferrochrome production has dropped to negligible levels.
Ghost Bites
Ghost Bites (Hyprop | Richemont)
Richemont's results clearly show the effect of geopolitical turmoil on global currencies - the growth in constant currency is much higher than reported growth. Hyprop's disposal of Hyde Park Corner has fallen through.
