Tag:
Copper 360
Ghost Bites
Ghost Bites (Glencore | Orion Minerals | South32 | Telemasters)
Glencore's acquisition of Elk Valley Resources is unconditional. South32's sale of Illawarra is one step closer to completion. Orion Minerals opened the share purchase plan. Telemasters has potential corporate activity.
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 (Bidvest | Brikor | NEPI Rockcastle | Texton)
Bidvest is getting more focused, selling its bank and buying another services company. Brikor might be taken private. NEPI Rockcastle has exited Serbia. Texton partially sells down its US exposure.
Ghost Bites
Ghost Bites (ArcelorMittal | Brait – Ethos Capital | Sibanye-Stillwater | Spear – Emira | Tongaat Hulett)
ArcelorMittal could be the bravest GNU play of all. Spear releases the Emira circular. Sibanye concludes the s189. Brait and Ethos are moving forward with their plans. Tongaat Hulett might remain listed, but why bother?
Ghost Bites
Ghost Bites (Anglo American | Clicks | Cilo Cybin | Orion Minerals)
Anglo American has suffered a setback in coal production. Clicks is selling Unicorn Pharmaceuticals. Cilo Cybin starts life as a listed company. Orion Minerals has raised capital.
Ghost Bites
Ghost Bites (Castleview | Crookes Brothers | Grindrod | Lighthouse | Marshall Monteagle | Nampak | Nictus | PBT Group | Resilient | SA...
Nampak's continuing operations are profitable. Resilient, Lighthouse, Castleview and SA Corporate gave property updates. PBT Group has some margin pressure. Crookes looks much better. There's news from Grindrod, Marshall Monteagle and Nictus as well, along with loads of Little Bites.
Ghost Bites
Ghost Bites (Argent | FirstRand | Growthpoint | Hudaco | Life Healthcare | Renergen | RMB Holdings)
Growthpoint is still expecting a drop in earnings. FirstRand was hit by a UK provision. Argent and Hudaco released numbers in the industrial sector. Life Healthcare has a licensing deal. RMB Holdings needs Atterbury to keep firing. Renergen needs helium.
Ghost Bites
Ghost Bites (Attacq | Brait | Exxaro | KAP | Nedbank | RECM and Calibre)
Nedbank, Exxaro and Attacq released pre-close updates. KAP is taking strain in Safripol. Brait needs more time to realise assets. Look out for RECM and Calibre news as well.