Ghost Wrap is your regular update on the most interesting company news in the South African market. In just a few minutes, you can get the latest news and my views on KAL Group, AB InBev, Redefine, RFG Holdings and Calgro M3. The Ghost Wrap podcast is proudly brought to you by Mazars, a leading international audit, tax and advisory firm with a national footprint within South Africa. Visit the Mazars website for more information.

Ghost Wrap is your regular update on the most interesting company news in the South African market. In just a few minutes, you can get the latest news and my views on MTN Nigeria, Datatec, Capital & Regional, Harmony Gold as well as Astral Foods and Quantum Foods in the poultry sector. The Ghost Wrap podcast is proudly brought to you by Mazars, a leading international audit, tax and advisory firm with a national footprint within South Africa. Visit the Mazars website for more information.

Ghost Wrap is your regular update on the most interesting company news in the South African market. In just a few minutes, you can get the latest news and my views on Sirius Real Estate, Afrimat, Oceana and PSG Financial Services. The Ghost Wrap podcast is proudly brought to you by Mazars, a leading international audit, tax and advisory firm with a national footprint within South Africa. Visit the Mazars website for more information.

Welcome to Ghost Wrap, your regular update on the most interesting company news in the South African market. In this episode of Ghost Wrap, I focused on recent M&A news across various sectors: MultiChoice's R125/share mandatory offer from Canal+ and the potential strategic direction going forward. Grindrod Shipping's selective capital reduction and intended delisting, leaving Taylor Maritime as the sole shareholder. MC Mining's battle with Goldway and the surprising number of offer...

Welcome to Ghost Wrap, your regular update on the most interesting company news in the South African market. In this episode of Ghost Wrap, I focused on recent news across various sectors: Transaction Capital didn't get quite as much as it hoped for the WeBuyCars shares, but still raised over R900 million at what seems like a good price. The group has also announced the sale of Nutun Australia. Sun International had some bright spots in 2023 and could really do with reduced load shedding...

Welcome to Ghost Wrap, your regular update on the most interesting company news in the South African market. In this episode of Ghost Wrap, I focused on recent news across various sectors: Mustek is a lesson in two things: the danger of a value trap and the threat of competition in lucrative sector. Curro is telling the market that it wants to fill its schools, yet the company increased fees by a much higher rate than inflation in 2023. Sea Harvest is another good example of a corporate...

Welcome to Ghost Wrap, your regular update on the most interesting company news in the South African market. In this episode of Ghost Wrap, I focused on recent news across various sectors: NEPI Rockcastle just released record distributable earnings per share and Vukile easily raised R1 billion on the local market, so there's demand for offshore property strategies and with good reason - in some cases at least. Italtile gives us a lot of insight into the start of the local economy and...

Welcome to Ghost Wrap, your regular update on the most interesting company news in the South African market. In this episode of Ghost Wrap, I focused on the recent updates from these groups Sasol has seen its share price halve over the past year, with the wonderful opportunity for investors in 2020 becoming a very distant memory as infrastructure and other issues take their toll. ArcelorMittal is perhaps the most severe rollercoaster ride of them all on the JSE, with the steel industry...

Welcome to Ghost Wrap, your regular update on the most interesting company news in the South African market. In this episode of Ghost Wrap, I focused on the recent updates from four clothing retail groups: The Foschini Group got the market excited about the sector, with strong growth in the local business and encouraging commentary on margins - but the offshore businesses have suffered. Mr Price also put in promising revenue growth and has a positive gross margin story to tell, with the...

Welcome to Ghost Wrap, your regular update on the most interesting company news in the South African market. In this episode of Ghost Wrap, I covered these important stories on the local market: Motus is a great example of how cyclical the used car industry is, with the additional challenge of having costly debt. Attacq's turnover and footfall update for November and December hass some real nuggets for those interested in the retail sector. Clicks achieved solid retail sales, but the...

Welcome to Ghost Wrap, your regular update on the most interesting company news in the South African market. In this episode of Ghost Wrap, I covered these important stories on the local market: Merafe's 2023 production numbers are a good reminder of the importance of not just availability of electricity, but also the cost thereof. Pick n Pay has a critically important year ahead and Sean Summers has now appointed his executive team - can they save the share price? Frontier...

Welcome to Ghost Wrap, your regular update on the most interesting company news in the South African market. In this episode of Ghost Wrap, I covered these important stories on the local market: Tharisa has PGM and chrome operations, which means the company has two levers to pull in response to commodity prices. enX is selling Eqstra to Nedbank, which has interesting financial and strategic considerations for investors in both those groups. Thungela can't do much about local infrastructure...

Welcome to Ghost Wrap, your regular update on the most interesting company news in the South African market. In this episode of Ghost Wrap, I recapped five important stories on the local market: British American Tobacco is seen as a defensive stock, but I have a different view on it. Absa and Nedbank released updates this week and although Absa's return on equity is likely still ahead of Nedbank, the share price performance this year shows what happens when expectations aren't...

Welcome to Ghost Wrap, your regular update on the most interesting company news in the South African market. In this episode of Ghost Wrap, I recapped five important stories on the local market: Purple Group may be loss-making, but the revenue resilience in a near-impossible year is a strong tick in the box for this story. Spar has hopefully signed off on the worst year that the company will ever experience, with several own goals and the suspension of dividends. Pepkor has a reputation as...

Welcome to Ghost Wrap, your regular update on the most interesting company news in the South African market. In this episode of Ghost Wrap, I recapped five important stories on the local market: Mr Price released results that I felt were rather poor, yet the market took the stock over 8% higher by the close on the day of release. Either I'm wrong, or the market is wrong. Listen to my reasoning and decide for yourself. Southern Sun and City Lodge are enjoying a resurgence in demand for...

Welcome to Ghost Wrap, your regular update on the most interesting company news in the South African market. In this episode of Ghost Wrap, I recapped five important stories on the local market: NEPI Rockcastle is seen as one of the better REITs on the local market and a recent update shows why. MultiChoice is in for a long journey with Showmax, at a time when the rest of the business is facing substantial other challenges. Santam is focused on repricing risk, which means upward pressure...

Welcome to Ghost Wrap, your regular update on the most interesting company news in the South African market. In this episode of Ghost Wrap, I recapped five important stories on the local market: Bell Equipment can take a bow, with a trading statement showing very strong earnings growth and a few weeks left this year to still achieve a further positive earnings surprise. MTN is a casualty of African currency weakness, which makes it vulnerable to further dollar strength and a slow Chinese...

Welcome to Ghost Wrap, your regular update on the most interesting company news in the South African market. In this episode of Ghost Wrap, I recapped five important stories on the local market: MTN's African subsidiaries are causing headaches right now, with Uganda as the silver lining but too small to make up for the concerns in the others. Woolworths is acquiring Absolute Pets and it's a deal that makes a lot of strategic sense to me. Pepkor is seen as a defensive retailer in South...

Welcome to Ghost Wrap, your regular update on the most interesting company news in the South African market. In this episode of Ghost Wrap, I recapped five important stories on the local market: Santova is a reminder that even the best cyclical companies are still subject to big moves in these markets. Spear REIT is one of the most respected property funds on the local market, but debt costs are biting. Bytes Technology is an excellent example of how you can give your money a passport...

Welcome to Ghost Wrap, your regular update on the most interesting company news in the South African market. In this episode of Ghost Wrap, I recapped a week's worth of news across a variety of sectors: PSG Financial Services is making a strong case for itself as an attractive option on the local market. MiX Telematics has attracted an international suitor and the merged entity would be listed on the JSE, so that's exciting news. Karooooo will be sticking to its knitting going forward and...

Welcome to Ghost Wrap, your regular update on the most interesting company news in the South African market. In this episode of Ghost Wrap, I recapped a week's worth of news across a variety of sectors: Famous Brands vs. Spur is becoming a very interesting battle indeed, with the latter as my pick. Sibanye-Stillwater has given the green light to the next phase of the Keliber lithium project. De Beers is really struggling with demand for diamonds at the moment. Mondi has managed to exit...

Welcome to Ghost Wrap, your twice-weekly update on the most interesting company news in the South African market. In this episode of Ghost Wrap, I looked at some of the more interesting stories in a busy few days of news. Rex Trueform has been rather dreary, but the latest acquisition is objectively exciting. Barloworld remains a great way to compare industrial business fundamentals to consumer-facing fundamentals, with a particularly shocking outcome when comparing profit trajectory in...

Welcome to Ghost Wrap, your twice-weekly update on the most interesting company news in the South African market. In this episode of Ghost Wrap, I looked at some of the more interesting stories in a busy few days of news. Capital Appreciation's share price has done anything but appreciate this year, with sector peer PBT Group also under pressure. Mustek is proof of how low expectations can help in this environment. Bidvest is executing a bolt-on acquisition in Australia, a traditionally...

Welcome to Ghost Wrap, your twice-weekly update on the most interesting company news in the South African market. In this episode of Ghost Wrap, I looked at some of the more interesting stories in a busy few days of news. Libstar is a great reminder of why I'm bearish on SA consumer stocks. Gemfields has reminded the market that the risks extend beyond just the rubies. FirstRand isn't aiming for heroics in this environment, but the share price is demanding more growth. Metair could well be...