Ghost Wrap #46 (Libstar | Gemfields | FirstRand | Metair | Growthpoint)
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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, I looked at some of the more interesting stories in a busy few days of news. Libstar is a great reminder of why I'm bearish on SA consumer stocks. Gemfields has reminded the market that the risks extend beyond just the rubies. FirstRand isn't aiming for heroics in this environment, but the share price is demanding more growth. Metair could well be the unluckiest company on the local market. Growthpoint is a perfect example of how tough things are in the property sector right now. 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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