Welcome to Ghost Wrap. It's fast. It's fun. It's informative. In this week's episode of Ghost Wrap, we cover: Woolworths reported solid numbers that seemed to be in line with market expectations. Shoprite has blown competitors away with exceptional growth across the LSM curve. Liberty Two Degrees is only a happy story if you're a recent investor, giving us another excellent example of why buying the "hype" sector (in this case property on the JSE in 2015 - 2017) is so dangerous. Spur is buying a 60% stake in Doppio Zero, a restaurant group that has grown spectacularly over the past two decades. AVI is proof that consumers will cut back on many things, but not on biscuits and snacks. British American Tobacco is still growing profits, albeit very slowly. Anglo American shows just how quickly a mining cycle can change, with a 55% drop in HEPS. ArcelorMittal is the ultimate basket of risks: single-commodity exposure, high operating leverage and plenty of debt as well! 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.