Tag:
Trustco
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 (Hammerson | Hyprop | Trustco)
As expected, Hyprop increased the size of the capital raise. Hammerson has recycled capital at a premium to book. Trustco's investment in Meya Mining is in serious trouble. In the Nibbles: MAS, Prosus and more.
Ghost Bites
Ghost Bites (Hudaco | Optasia | Supermarket Income REIT)
Hudaco's consumer-related products segment boosted the interim period. There are signs of life at Optasia, but I'm waiting for detailed results. Supermarket Income REIT has refinanced £445 million in debt.
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 (Remgro | South32)
South32 is getting out of the aluminium sector - and the market really likes the deal. Remgro has concluded the Mediclinic restructure.
Ghost Bites
Ghost Bites (ACOF | Argent Industrial | Fortress Real Estate | Goldrush | Invicta | Lighthouse Properties | Naspers/Prosus | SA Corporate Real Estate)
Prosus is generating much better free cash flow outside of Tencent. Fortress Real Estate is raising capital. Important numbers came in from Argent Industrial, Goldrush, Invicta, Lighthouse Properties and SA Corporate Real Estate. ACOF is also showing promising signs.
Ghost Bites
Ghost Bites (Clientèle | Crookes Brothers | KAP | Mantengu | Novus | Vunani | Vodacom – YeboYethu)
KAP got an unexpected boost from the Middle East conflict. Novus has much work to do. Crookes Brothers, Vunani and YeboYethu gave important earnings updates. Clientèle is a step closer to delisting. Mantengu wants to dispose of Blue Ridge Platinum.
Ghost Bites
Ghost Bites (Anglo American | Astral Foods | Calgro M3 | enX | Famous Brands | Harmony Gold | Nutun | Pick n Pay...
An enormous day of news saw 12 major corporate updates across multiple sectors, all covered in detail in Ghost Bites alongside the smaller Nibbles.
