Tag:
Jasco Electronics
Ghost Bites
Ghost Bites (Anglo American | Choppies | Ellies | Gold Fields | Impala Platinum | Kibo Energy | Renergen | Textainer)
Gold Fields was arguably the story of the day, with an important new deal in Canada. We also saw updates from Anglo and Implats in the mining sector, along with Textainer in shipping. Renergen released its annual report. Look out for Choppies, Ellies and Kibo as well.
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 (Accelerate | Bell Equipment | Blue Label Telecoms | Equites | Remgro | Resilient | Schroder | Sibanye-Stillwater | Steinhoff)
Solid earnings out of Bell Equipment, while property funds (Accelerate and Schroder) are under pressure, with Equites selling properties below NAV. Resilient has been quite resilient. Cell C needs a new CEO, Remgro needs buybacks and Steinhoff needs a miracle.
Ghost Bites
Ghost Bites (AB InBev | Capital & Regional | Curro | FirstRand | Grindrod | Impala Platinum | MultiChoice | Nedbank | Prosus |...
Banking results can vary wildly, as you'll discover in Ghost Bites. Other major releases include results from Curro and a major strategic announcement from MultiChoice.
Ghost Bites
Ghost Bites (AngloGold | Bidcorp | Choppies | Coronation | Grindrod | Sasfin | Standard Bank)
AngloGold tanks further. Bidcorp releases great numbers. Choppies is struggling. Coronation quantifies the tax dispute. Grindrod grows strongly. Sasfin keeps disappointing vs. Standard Bank doing well.
DealMakers
Who’s doing what this week in the South African M&A space?
Weekly summary of Merger & Acquisition activity by South African companies
Ghost Bites
Ghost Bites (Hyprop | Metair | Murray & Roberts | Nampak | Nedbank | Oceana | Tharisa | York)
Hyprop reports improved trading conditions. Metair proves its mettle. Disaster at MUR. Nedbank is doing well. Nampak drops further. Oceana had a better second half. Tharisa's record profits. York taps the market.
Ghost Bites
Ghost Bites (Alphamin | Ascendis | Equites | Grand Parade | Massmart)
Alphamin beats production guidance. Ascendis is a step closer to selling to Austell. Equites is proof that the UK doesn't always beat the SA economy. GPI is still getting hurt by Mac Brothers. Massmart can't sell Game in Africa.
