Ghost Wrap #23 (AB InBev | Famous Brands | Calgro M3 | CMH | Astral Foods | Pick n Pay | Santova)
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Description
Welcome to Ghost Wrap. It's fast. It's fun. It's informative. In this week's episode of Ghost Wrap, we cover: AB InBev is making a strong case for itself as a more defensive stock than the likes of British American Tobacco. Famous Brands doesn't think that load shedding is working out well for the group but I disagree - and the latest numbers seem to support my view. Calgro M3 has released very strong numbers and is using the depressed share price as an opportunity for buybacks. CMH's profitability has been a high performance machine of note. Astral Foods is firmly on the wrong side of load shedding, with narrow margins on a good day turning into nearly no margin at all on a bad day. Pick n Pay is taking serious strain at the moment and the share price has horribly underperformed Shoprite. Santova is a great example of what gets small cap investors excited. 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.
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