Tag:
Novus
Ghost Bites
Ghost Bites (African Rainbow Capital | Kibo Energy | Novus | Sibanye-Stillwater | The Foschini Group)
The Foschini Group worked hard for the bankers this year, but underlying momentum is strong. ARC's portfolio is mostly doing well. Sibanye is increasing balance sheet flexibility. Kibo Energy and Novus released news as well.
Ghost Bites
Ghost Bites (Adcorp | African Media Entertainment | AYO | Brikor | Crookes Brothers | Dis-Chem | Finbond | Gemfields | Huge | Insimbi...
A very busy day of news featured Dis-Chem, Nedbank and Lewis Group as the headline acts, with important updates from Adcorp, AME, AYO, Brikor, Crookes Brothers, Finbond, Gemfields, Huge, Insimbi and Trustco as 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 (AngloGold | DRDGOLD | Novus | Sibanye-Stillwater | Trematon)
Gold updates came in from AngloGold and DRDGOLD, with Sibanye releasing a set of very disappointing numbers in the mining sector. Novus announced an acquisition and Trematon released a trading statement.
Ghost Bites
Ghost Bites (Bowler Metcalf | DRDGOLD | Lesaka | MTN | MultiChoice)
There's M&A news of very different kinds at Lesaka, MTN and MultiChoice. DRDGOLD's earnings growth is modest, unlike at Bowler Metcalf with great operating leverage.
Ghost Bites
Ghost Bites (Alphamin | BHP | Grindrod Shipping | Lewis | Novus | Sea Harvest – Brimstone)
Alphamin and Lewis released important numbers. Novus declared a special dividend. Grindrod Shipping gave a shipping rates update. BHP responds to media reports on the dam failure. Sea Harvest and Brimstone released circulars.
Ghost Bites
Ghost Bites (Ascendis | Fortress | Novus)
The Ascendis story has taken another turn. Fortress got strong approval for the scheme to sort out its share class structure. Novus has been busy with share buybacks.
Ghost Bites
Ghost Bites (African Media Entertainment | Brait | Caxton | Dipula | Ethos | MultiChoice | Ninety One | Novus | Reinet | Telkom...
Woolworths disappointed the market with its numbers. MultiChoice experienced premium subscriber growth for the first time in years. Look out for various other company updates as well!
