Tag:
Trematon
Ghost Bites
Ghost Bites (Accelerate Property Fund | Sea Harvest | Spear REIT | Valterra Platinum)
It's all eyes on the second half at Valterra Platinum. Sea Harvest's numbers are even better than previously guided. Spear REIT announced another acquisition. Accelerate Property Fund received reasonable support for the rights offer.
Ghost Bites
Ghost Bites (Bytes Technology | Castleview | Goldrush | KAP – Sasol | Sun International)
Bytes Technology shed nearly a third of its value based on the AGM update. Sun International walks away from the Peermont deal. KAP is fighting with Sasol over ethylene supply. Goldrush responds to the noise around the National Lottery Licence. Castleview raises R200m.
Ghost Bites
Ghost Bites (Libstar | MAS | STADIO | Standard Bank)
Libstar's results aren't nearly as good as they might first appear. STADIO is growing strongly. Standard Bank is up, but needs better banking conditions. The games continue at MAS.
Ghost Bites
Ghost Bites (Assura – Primary Health Properties | Astoria | Gemfields | Powerfleet | Stor-Age | Vukile)
Vukile released strong numbers. Stor-Age's decreased payout ratio set a few hares running. Powerfleet needs profits, not just revenue growth. Look out for Assura - Primary Health, Astoria and Gemfields as well.
Ghost Bites
GHOST BITES (Anglo American | Choppies | Life Healthcare | Murray & Roberts | Renergen | Tharisa | Trematon)
Renergen scored an initial victory against Springbok Solar. Murray & Roberts is indeed a doughnut. Anglo's deal with Peabody is under fire. Life Healthcare has complex numbers. Tharisa's production came under pressure. Trematon's capital allocation looks off to me. Choppies is selling Choppies Zimbabwe.
Ghost Bites
GHOST BITES (African Rainbow Capital | Sirius Real Estate | Trematon)
The African Rainbow Capital offer is apparently fair to shareholders - after some mental gymnastics. Sirius Real Estate had a great year. Trematon's portfolio value keeps trending lower.
Ghost Bites
GHOST BITES (Alexander Forbes | Aveng | Nampak | Naspers – Prosus | Standard Bank | Transaction Capital)
Alexander Forbes, Nampak, Naspers-Prosus and Standard Bank all released important numbers. Aveng has sold its stake in a property portfolio. Transaction Capital is still trying to finalise the Road Cover deal.
Ghost Bites
GHOST BITES (AECI | Growthpoint | HCI | Nampak | Pick n Pay | Sanlam – Santam – MultiChoice | Spar | Tharisa |...
AECI, Growthpoint, HCI, Nampak, Spar, Tharisa, Transaction Capital and Trematon all released numbers to the market. Pick n Pay has confirmed the completion of its recapitalisation plan. Sanlam is partnering with Santam on the MultiChoice insurance deal.
