Tag:
Afrocentric
Ghost Bites
Ghost Bites (AfroCentric | Aspen | AVI | Bidvest | Hulamin | MAS | Merafe | Metrofile | Netcare | Raubex | RCL Foods)
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Afrocentric is struggling to find growth (JSE: ACT)
This...
Ghost Bites
Ghost Bites (British American Tobacco | MC Mining | Pan African Resources | Sanlam | Vodacom)
Sanlam is very busy with M&A. Vodacom is showing strong growth in Egypt. Pan African Resources' earnings are much higher. Look out for British American Tobacco and MC Mining as well.
Ghost Bites
Ghost Bites (African Bank and Sasfin | Deneb | Renergen)
Sasfin seems to have scored the deal of a lifetime in a disposal of businesses to African Bank. Deneb has sold some properties. Renergen responded to Albie Cilliers, but not via SENS.
Ghost Bites
Ghost Bites (Ascendis | Delta Property | Kibo Energy | Orion Minerals | Renergen | Rex Trueform | Sasfin | Telemasters | York Timber)
It was a day of cockroaches on the JSE, with so many zombie listings releasing announcements. I covered all of them. Thankfully, I also had more interesting stuff to cover, like a Rex Trueform acquisition!
Ghost Bites
Ghost Bites (AfroCentric | AngloGold | Fairvest | Gemfields | Mondi | Oceana | Prosus + Naspers | RFG | Zeder)
Bob van Dijk is out at Prosus. It was a day for food and agriculture updates, with Oceana, RFG and Zeder all weighing in. AfroCentric released earnings. AngloGold and Mondi had M&A news. Gemfields reported on an emeralds auction.
Ghost Bites
Ghost Bites (African Rainbow Capital | AfroCentric | FirstRand | Gemfields | Metair | Sibanye-Stillwater)
Things are starting to look better at ARC. AfroCentric suffered a big drop in earnings. FirstRand takes a cautious approach. Gemfields disappointed the market. Metair's bad luck remains. Sibanye is retrenching in the gold operations.
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 | AVI | Brikor | Mondi | Montauk | Remgro | Salungano | Texton)
Diamonds, fish, bricks and coal - there's a bit of everything in Ghost Bites today. The biggest story was probably Mondi's partial exit of Russia, but keep a close eye on what's going on at Salungano.