Tag:

Shoprite

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 (Copper 360 | Pick n Pay | Quilter | Sappi)

Pick n Pay's grocery business is showing some positive signs. Quilter's distribution model shines through. Sappi's fourth quarter outlook gave speculators something to latch onto. Copper 360 pulls a rabbit out of the hat with Neal Froneman.

Ghost Bites (Alexforbes | Master Drilling | MC Mining | Novus | Trematon)

Alexforbes posts single-digit growth. Master Drilling has declared a dividend based on recent trading conditions. MC Mining is raising debt from two shareholders. Novus has a small earnings decline. Trematon found a buyer for Generation Education.

Ghost Bites (African Media Entertainment | Aspen | Delta Property Fund | Dis-Chem | Nampak | Remgro | SPAR)

SPAR is now a catastrophe. Dis-Chem's valuation makes it a sitting duck. Mediclinic is enjoying the benefit of operating leverage. Nampak was dragged down by one local segment. Aspen is considering share buybacks. African Media Entertainment is growing in a tough market. Delta Property Fund is making progress.

Ghost Bites (Equites Property Fund | KAL Group | Karooooo | NEPI Rockcastle | Reunert | Tharisa)

Equites Property Fund and NEPI Rockcastle are good reminders of the strength of REITs. KAL Group is one of the last "cheap" South African assets. Karooooo upset the market with its margins this year, but they are playing the long game. Reunert has been dragged down by its cables business. Tharisa's earnings have skyrocketed.

Ghost Bites (Altron | Datatec | Gold Fields | Lesaka Technologies | Life Healthcare | Sappi | Southern Sun)

Altron, Datatec, Gold Fields, Lesaka Technologies and Southern Sun all have good news stories to tell. The same certainly can't be said for Sappi, where shareholders are facing disaster. At Life Healthcare, the latest period was a disappointment for the market.

Ghost Bites (Astral Foods | MTN Ghana | Primary Health Properties)

Astral Foods has tightened its earnings guidance. MTN Ghana has banked another strong quarter. Primary Health Properties is delivering on merger synergies. And there are plenty of Nibbles today!

Ghost Bites (CMH | FirstRand | Purple Group)

FirstRand has suffered huge losses from the FCA's motor redress scheme in the UK. Combined Motor Holdings (CMH) continues to do well. Purple Group is also on a strong growth path.