Tag:
The Foschini Group
Ghost Bites
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.
DealMakers
Weekly corporate finance activity by SA exchange-listed companies
Weekly summary of corporate finance activity by South African exchange listed companies.
Financial Results
The Foschini Group FY26 results
The Foschini Group's results for the year ended March 2026 reflect a weaker second half and deteriorated trading conditions across all operating regions. The group has identified important key focus areas to improve performance.
Ghost Bites
Ghost Bites (The Foschini Group | Mr Price)
The Foschini Group hasn't stabilised yet, with negative operating leverage continuing to plague shareholders. Mr Price has enjoyed a partial share price recovery.
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 (AngloGold | Greencoat Renewables | Pan African Resources | Sea Harvest | The Foschini Group)
AngloGold's free cash flow almost tripled year-on-year, while sector peer Pan African Resources is making progress on its deal in Australia. The Foschini Group's Australian story is becoming meme-worthy, with the group in trouble. Sea Harvest is officially out of Ladismith Cheese. Greencoat Renewables released quarterly numbers.
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 (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.
