Wednesday, September 3, 2025
Tag:

South32

Ghost Bites (Altron | Equites | Harmony | Impala Platinum | KAP | Libstar | Metrofile | Rainbow Chicken | Sibanye-Stillwater | South32 |...

We are now firmly in earnings season, with numbers from Harmony, Impala Platinum, KAP, Libstar, Rainbow Chicken, Sibanye, South32, STADIO, Trellidor and Truworths. Important updates also came in from Altron, Equites Property Fund and Metrofile.

Weekly corporate finance activity by SA exchange-listed companies

Weekly summary of corporate finance activity by South African exchange listed companies

Ghost Bites (DRDGOLD | Growthpoint | Master Drilling | MTN Rwanda | Resilient | South32 | Standard Bank)

Resilient and Standard Bank both delivered double-digit growth. DRDGOLD is loving the gold price. Growthpoint sold its stake in NewRiver. MTN Rwanda is flying. Master Drilling gave a wide earnings range. South32's Mozal Aluminium is in serious trouble.

Ghost Bites (Accelerate Property Fund | Assura – Primary Health Properties | Castleview | Jubilee Metals | MAS – Hyprop | Reinet | Sibanye-Stillwater...

The MAS situation is really heating up now, with the board giving strong views on the Hyprop offer. The Assura - Primary Health offer is going nowhere fast. Castleview has glaring capital raising inconsistencies. Sibanye announced an acquisition in the US. Accelerate's related party headaches continue. Jubilee Metals, Reinet and South32 released numbers.

Ghost Bites (ArcelorMittal | Mantengu Mining | South32 | Supermarket Income REIT | Tharisa)

ArcelorMittal's longs business is still likely to close. South32's Mozal Aluminium smelter is also at risk. Supermarket Income REIT's latest deal is a fascinating data point for property pricing in the UK. Tharisa corrected a financial error. Mantengu Mining is changing its name.

Who’s doing what this week in the South African M&A space?

Weekly summary of Merger & Acquisition activity by South African companies.

Ghost Bites (Assura – Primary Health Properties | South32)

Assura shareholders aren't exactly rushing to accept the Primary Health Properties offer, with Primary Health releasing a trading update to try and drive more acceptances. South32 is getting rid of the nickel mine in Colombia.

Weekly corporate finance activity by SA exchange-listed companies

Weekly summary of corporate finance activity by South African exchange listed companies
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