Ghost Wrap #45 (Bell Equipment | Transaction Capital | Capitec | Caxton & CTP | City Lodge | Sun International)
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, I looked at some of the more interesting stories in a busy few days of news.
Bell Equipment has released really strong results, but watch the cash.
Transaction Capital's nightmares continue, with news of the departure of David Hurwitz and underlying earnings in a tough spot, sending the share price back below R6.
Capitec found some love in the market despite modest HEPS growth.
Caxton & CTP is a tale of two segments right now, with heavily discounted look-through exposure to Mpact making it interesting.
City Lodge's occupancies are higher, but the market is looking for pricing power and that is lacking.
Sun International's resorts and hotels segment boosted the group in the latest result, with gaming revenue also moving higher.
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Ghost Wrap is your regular update on the most interesting company news in the South African market.
This episode covers:
Clicks and Dis-Chem as the dynamic duo in arguably the most appealing retail model.
The Foschini Group's latest acquisition in the UK, proving once more that the group...
Published 10/28/24
Ghost Wrap is your regular update on the most interesting company news in the South African market.
This episode covers:
Nampak and a pretty heroic turnaround for the balance sheet.
Spar's troubles, including Switzerland as what could easily be the next major headache.
Metair's balance sheet...
Published 10/02/24