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Salungano Group
Ghost Bites
Ghost Bites (Blu Label | DRDGOLD | Exxaro | KAP | NEPI Rockcastle | Resilient REIT | STADIO)
Important numbers came out from Blu Label Unlimited, DRDGOLD, Exxaro, KAP, Resilient REIT and STADIO. NEPI Rockcastle is branching out of Eastern Europe and heading to Spain.
Ghost Bites
Ghost Bites (Grindrod | Impala Platinum | Shoprite)
The market celebrated the latest numbers at Shoprite. Grindrod went the other way, with flat HEPS in the latest period. There's a wild move in Impala Platinum's earnings.
Ghost Bites
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
Ghost Bites (Accelerate Property Fund | Deneb | Stefanutti Stocks)
In a day of updates from more unusual names on the JSE, we saw Deneb and Stefanutti Stocks with highly encouraging trading statements. Accelerate Property Fund has suffered a setback on its turnaround journey.
Ghost Bites
Ghost Bites (Fairvest | Hulamin | Impala Platinum | Mondi)
Fairvest's capital raise made me wonder about the property cycle. Mondi is really struggling at the moment. Impala Platinum's latest quarter looked decent. Hulamin is selling the extrusions business.
Ghost Bites
Ghost Bites (Aimia | Schroder European Real Estate | Tharisa)
Aimia's management letter is a great opportunity to learn about the JSE's new kid on the block. Schroder European Real Estate's valuation is still going the wrong way. Tharisa has begun the underground mining transition.
Ghost Bites
Ghost Bites (Accelerate Property Fund | MTN | Reinet)
Accelerate Property Fund is making a lot of progress with Fourways Mall, but there are other headaches. Reinet is receiving a massive war chest from the Pension Insurance Corp disposal. MTN has beefed up the board.
Ghost Bites
Ghost Bites (Hulamin | Labat Africa | Premier | The Foschini Group | York Timber)
Premier is the star of the show. The Foschini Group's trading statement is worrying. Hulamin made losses in 2025. York Timber needs a new CEO. Labat Africa has done a deal with pricing that looks almost too good to be true.

