Tag:
Wesizwe Platinum
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.
Ghost Bites
Ghost Bites (Jubilee Metals | Old Mutual | Wesizwe Platinum)
Old Mutual has some bright spots, but is still a sideways story overall. Jubilee Metals is successfully through its maintenance shutdown. Wesizwe Platinum's Bakubung Minerals will shed nearly 500 jobs.
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 (Balwin | Boxer | Prosus | Raubex | Redefine Properties | Vodacom)
Boxer is flying - and taking Pick n Pay with it. Vodacom has a great growth story at the moment. Prosus has sold more of the Delivery Hero stake. Look out for important numbers from Balwin, Raubex and Redefine Properties as well.
Ghost Bites
Ghost Bites (DRDGOLD | Jubilee Metals | Sibanye-Stillwater | Quantum Foods)
Sibanye-Stillwater's quarterly update tells a story of rapid growth in earnings across the group. DRDGOLD's quarterly update is promising. Jubilee Metals is ramping up its copper production, but guidance is being revisited. Quantum Foods overcame a period of egg price deflation and grew earnings strongly.
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 (Anglo American | CMH | Kumba Iron Ore | Merafe)
CMH is a great example of how to overcome disruption. Anglo American is a mixed bag, with diamonds going from bad to worse. Kumba Iron Ore is doing well, but remains at the mercy of Transnet. Merafe's smelter operations were negligible in the latest quarter.
