Tag:
Trustco
Ghost Bites
Ghost Bites (BHP | Brimstone | Master Drilling | Pick n Pay | Redefine | Sasfin | Sea Harvest | Stor-Age | WBHO)
BHP is a great example of mining cycles. Pick n Pay has some green shoots. Stor-Age remains a solid player. Look out for Brimstone, Master Drilling, Redefine, Sea Harvest, WBHO and more.
Ghost Bites
Ghost Bites (African Rainbow Minerals | Alphamin | Gold Fields | Grindrod)
African Rainbow Minerals suffered a sharp drop in earnings. Alphamin released detailed financials for Q2. Gold Fields needs a far better second half. Grindrod struggled in the Logistics business.
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 (ADvTECH | Aveng | DRDGOLD | Lighthouse | MTN Rwanda | Northam Platinum | Renergen | Transaction Capital)
ADvTECH has indicated strong earnings growth and now Aveng has given a range as well. DRDGOLD disappointed the market. Look out for numbers from Lighthouse, MTN Rwanda and Northam Platinum as well, with deal news at Transaction Capital and positive updates at Renergen.
Ghost Bites
Ghost Bites (Bell Equipment | Eastern Platinum | HomeChoice | Santam)
Bell Equipment's scheme circular is out in the wild. HomeChoice is doing extremely well in fintech. Santam had a great period. Eastern Platinum is struggling.
Ghost Bites
Ghost Bites (Astoria | Exxaro | Gold Fields | Jubilee Metals | Orion Minerals | Sappi)
Exxaro, Gold Fields, Jubilee Metals and Orion Minerals all released updates on a busy day. Sappi was a good opportunity for digging into earnings calculations. Astoria has released its latest NAV.
Ghost Bites
Ghost Bites (AECI | Altron | MTN | Shaftesbury | Woolworths)
Woolworths Food is the only bright spot in the group right now. AECI is hoping for a much better second half. Altron's recovery momentum continues. MTN Nigeria is really hurting. Shaftesbury's valuations ticked higher.
DealMakers
Who’s doing what this week in the South African M&A space?
Weekly summary of Merger & Acquisition activity by South African companies
