Tag:
Spear REIT
Ghost Bites
Ghost Bites (Cashbuild | Clicks | Sasol | Spear REIT | Valterra Platinum)
Clicks is growing, but nowhere near fast enough for the valuation. Cashbuild has some positive momentum. Sasol's guidance for the year is encouraging. Spear REIT had no trouble raising the R1 billion in equity. Valterra Platinum's production numbers need to be viewed carefully.
DealMakers
Who’s doing what this week in the South African M&A space?
Weekly summary of Mergers & Acquisitions activity by South African companies.
DealMakers
Weekly corporate finance activity by SA exchange-listed companies
Weekly summary of corporate finance activity by South African exchange listed companies.
Ghost Bites
Ghost Bites (AECI | BHP | Capitec | Quilter | Spear REIT | South32 | Standard Bank | Stor-Age)
Capitec looks unstoppable. BHP and South32 released important production updates. Spear REIT is raising R1 billion. Standard Bank is enjoying double-digit growth. Quilter is doing well in 2026. Stor-Age announced a small deal. AECI found a whoopsie in the financials.
Ghost Bites
Ghost Bites (Novus | Prosus | Spear REIT)
Spear REIT announced a meaty property acquisition in Mitchells Plain. Prosus is selling down the Delivery Hero stake. Novus is getting less money for its Print Letting Enterprise.
Ghost Bites
Ghost Bites (Bidvest | Clientèle | Italtile | JSE | Libstar | Merafe | MTN | RCL Foods | Thungela)
RCL Foods is navigating a bitter situation in sugar. Bidvest is building a hygiene giant. Italtile and Thungela are struggling, while the JSE and MTN are flying. Clientèle's business is showing encouraging signs. Merafe is kicking the can down the road.
Ghost Bites
Ghost Bites (Cashbuild | Pan African Resources | Spear REIT)
Pan African Resources is quite literally printing cash at the moment. At the other end of the spectrum, Cashbuild has painted a worrying picture about our economy. At Spear REIT, the focus on the Western Cape continues to pay dividends - literally.
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.
