Tag:
Trematon
Ghost Bites
Ghost Bites (Absa | Fortress Real Estate | Gemfields | Harmony | Hudaco | PBT Holdings | Sun International | Sephaku | Resilient |...
A huge day of news saw updates across many sectors on the JSE. Absa, Harmony, Hudaco, PBT Holdings, Sephaku, Resilient REIT and Thungela gave detailed updates. Sun International's revenue is on track. Gemfields is in serious trouble. Fortress had no problem raising the capital.
Ghost Bites
Ghost Bites (Attacq | FirstRand | Grindrod | Labat Africa | Sibanye-Stillwater | Vunani)
Pre-close updates came through from Attacq, FirstRand and Grindrod. Sibanye-Stillwater's Capital Markets Day is an important source of information on the strategy. Vunani has swung into profitability. Labat Africa has promised an investor roadshow - and they are paying a dividend!
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.
Ghost Bites
Ghost Bites (Fairvest | Ninety One | Putprop)
Fairvest has upgraded full year guidance, with B shareholders celebrating strong double-digit returns at the moment. Ninety One has returned to positive net inflows. Putprop is recycling capital into a property in Kramerville.
Ghost Bites
Ghost Bites (Adcorp | Lewis | Life Healthcare | Sappi | Sirius Real Estate | Trematon)
Lewis is one of South Africa's best businesses. Sirius Real Estate is buying another property in Germany. Adcorp and Life Healthcare need to find more growth. Sappi just about needs a miracle. Trematon shows how hard it is to make money from schools.
Ghost Bites
Ghost Bites (Altron | Exemplar REITail | Netcare | Omnia | Pick n Pay | PPC | RMB Holdings)
Pick n Pay's core business is still going backwards. Altron's numbers look spectacular, with positive news also coming in from Exemplar REITail, Netcare, Omnia and PPC. RMB Holdings has heavily impaired its NAV.
Ghost Bites
Ghost Bites (Finbond | Gemfields | Hyprop | MAS | Orion Minerals | Quantum Foods | Reunert | Richemont | Trematon)
Richemont has welcomed a return to growth in Asia Pacific. MAS is making big changes - and Hyprop is happy to be on the other side of a deal for a property in Bulgaria. Finbond, Gemfields and Reunert all have positives and negatives to consider. Orion Minerals raised capital, while Trematon might sell Generation Education.
Ghost Bites
Ghost Bites (KAL Group | Metair | Pick n Pay | Vodacom)
Vodacom released an excellent trading statement. KAL Group is achieving double-digit growth. Pick n Pay is using a s189 to try and reduce store costs. Metair has refinanced its South African debt package.
