Tag:
Texton
Ghost Bites
Ghost Bites (Africa Bitcoin Corporation | Finbond | Gemfields | Heriot REIT | Prosus – Naspers | Texton)
Prosus is acquiring La Centrale in France, marking OLX's entry into Western European classifieds. Gemfields will be more cautious going forwards. Finbond announced an interesting deal. Heriot and Texton released numbers in the property sector. Africa Bitcoin Corporation is raising capital for ACOF as well now.
Ghost Bites
Ghost Bites (African Rainbow Minerals | Anglo American – Valterra Platinum | Ascendis | Dipula | Fortress Real Estate | Pan African Resources |...
Sanlam's latest results are a mixed bag. Dipula Properties is raising capital and Fortress Real Estate is telling a positive story. African Rainbow Minerals had a tough period. Pan African Resources rewarded punters this year. Ascendis and Trellidor released results. Anglo is fully out of Valterra Platinum.
Ghost Bites
GHOST BITES (Altron | BHP | Bytes | Exxaro | Grindrod | Octodec | Santam | South32)
Exxaro announced a large manganese acquisition. Santam's momentum continues. Altron had a great year. Bytes grew strongly but has flagged slower growth ahead. Grindrod is out of its last non-core asset. BHP and South32 released useful conference presentations.
Ghost Bites
GHOST BITES (Aspen | Coronation | Oasis Crescent | Standard Bank | Tharisa | Texton)
Brace yourself for a terrible Wednesday for Aspen. Standard Bank achieved double-digit growth. Coronation's AUM went sideways this quarter. Oasis Crescent grew its distribution ahead of inflation. Look out for news from Tharisa and Texton as well.
Ghost Bites
GHOST BITES (Assura – Primary Health Properties | AVI | Merafe | Mpact | Sun International | Texton)
AVI remains the operating leverage champion. Sun International had a great end to 2024. Mpact's Plastics business had an ugly year and so did Merafe. Texton is sitting on quite a cash pile. Suitors are circling Assura - including Primary Health Properties.
Ghost Bites
GHOST BITES (Aveng | Jubilee Metals | Metair)
Aveng shareholders are licking their wounds. Jubilee is trying to catch up lost production at Roan. Metair is making major strategic changes in its business, but that balance sheet looks frightening.
Ghost Bites
Ghost Bites (Grand Parade | Hyprop | Jubilee Metals | NEPI Rockcastle | South32 | Trellidor | Texton)
Trellidor is showing signs of life. Numbers came in from Grand Parade and Texton. Hyprop is a step closer to being out of Africa, but Jubilee Metals is loving Zambia. NEPI taps the bond market. South32 gets a grant in the US.
Ghost Bites
Ghost Bites (Capital Appreciation | Europa Metals | Hyprop | Metair | OUTsurance | Sanlam | Texton | York Timber)
Metair is selling its Turkish business. Capital Appreciation, Hyprop, OUTsurance and York Timber released numbers. Europa Metals and Texton are doing deals.
