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. Capital Appreciation's share price has done anything but appreciate this year, with sector peer PBT Group also under pressure. Mustek is proof of how low expectations can help in this environment. Bidvest is executing a bolt-on acquisition in Australia, a traditionally tough market for SA corporates. Hyprop's outlook for distributable income is as bearish as Growthpoint's outlook, yet the share price performances are completely different because of relative valuation. Astral Foods is in a perfect storm for the poultry industry, just like sector peer Quantum Foods. Trellidor gave earnings guidance that really disappointed the market. Southern Sun shows that swimming with the tide is much easier than swimming against it, with City Lodge finding things are a lot harder in its traditionally business-focused hotel footprint. 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.