Ghost Wrap #40 (Aveng | Curro | Libstar | Transpaco | Standard Bank | Thungela | Exxaro | Sibanye | Gold Fields | Master Drilling)
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Description
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, we recap: Aveng's poor recent results and the volatility in the share price around the time of the earnings release. Curro's solid year-on-year growth, driven mainly by pricing increases in tuition fees. Libstar's substantial drop in HEPS, with mushroom production as the biggest problem after the Shongweni facility was destroyed. Transpaco's encouraging trading statement, putting another tick in the box for the packaging sector this year. Standard Bank's massive jump in earnings, with the African regions shining through. Various mining sector updates that are almost all negative, including Thungela, Exxaro, Sibanye, Gold Fields and Master Drilling. 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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