Tag:
Zeda
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 (Afine | Anglo – BHP | Capital Appreciation | Delta | Emira | Nampak | Old Mutual | Trustco | Woolworths |...
Woolworths is struggling in the apparel business. Zeda declared a maiden dividend. Anglo said no to BHP once more. Look out for Afine, Capital Appreciation, Delta, Emira, Nampak, Old Mutual and Trustco as well.
Ghost Bites
Ghost Bites (Ascendis | Invicta | Oceana | Shaftesbury | Standard Bank | Tsogo Sun | Wesizwe Platinum | Zeda)
On a very busy day of news, we saw some excellent (Oceana) and sideways (Invicta and Tsogo Sun) results, along with a potential delisting of Ascendis.
Ghost Bites
Ghost Bites (Alexander Forbes | Altron | Ethos Capital Partners | Harmony | Premier | Raubex | Shoprite | Vodacom | Zeda)
This was a busy day of news with a number of mostly positive earnings updates.
Ghost Bites
Ghost Bites (Gemfields | Investec | Life Healthcare | Quantum Foods | Texton Property Fund)
There's no interim dividend at Gemfields. Investec is growing, but especially in the UK. Life renewed its cautionary. Quantum is loss-making. Texton makes progress.
Ghost Bites
Ghost Bites (Adcorp | Brikor | Exemplar | Redefine | Steinhoff | Transcend Residential Property Fund | Zeda)
Adcorp got the market excited with news of a special dividend and Zeda took a knock from lack of a dividend. Brikor, Exemplar, Redefine, Steinhoff and Transcend all released updates.
Ghost Bites
Ghost Bites (Alexander Forbes | Bytes | Coronation | Datatec | HCI | Indluplace | MultiChoice | Zeda)
Alexander Forbes, Bytes and HCI released the best numbers of the day, with Zeda growing slightly and Datatec unfortunately discovering "adjusted EBITDA" - sigh. Coronation had a poor half. MultiChoice held an investor day.
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.
