Ghost Wrap #42 (Super Group | Grindrod | ADvTECH | STADIO | CA Sales Holdings | Transpaco | 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 cover only good news on the local market - isn't that refreshing? An entire podcast of good news! Super Group is living up to its name and with growth in profit in every segment, there's much for shareholders to feel good about here. Grindrod is in a different part of the logistics industry, yet the growth numbers are remarkably similar to Super Group. In the education sector, we've seen strong updates from ADvTECH and STADIO, with both shares prices ahead of rival Curro this year. CA Sales Holdings is getting on with delivering its strategy to a high standard, with the FMCG business doing well in this inflationary environment. Transpaco is a great example of what happens when small improvements are made in operating margin. Master Drilling is as close to the shovel in the gold rush as you'll find, with ongoing HEPS growth at a time when mining houses are seeing HEPS fall sharply. 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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