Ghost Wrap #49 (Famous Brands vs. Spur | Sibanye-Stillwater | De Beers | Mondi | Life Healthcare | Datatec | Fortress)
Description
Welcome to Ghost Wrap, your regular update on the most interesting company news in the South African market.
In this episode of Ghost Wrap, I recapped a week's worth of news across a variety of sectors:
Famous Brands vs. Spur is becoming a very interesting battle indeed, with the latter as my pick.
Sibanye-Stillwater has given the green light to the next phase of the Keliber lithium project.
De Beers is really struggling with demand for diamonds at the moment.
Mondi has managed to exit Russia, with letters of credit securing the final two payments from the buyer of the asset.
Life Healthcare announced a deal for Alliance Medical Group, reflecting what looks to me like a modest investment return on that asset since 2016
Datatec is proof that you can find fast-growing companies on the local market, if you know where to look.
Fortress has proposed a rather clever way to get rid of the dual-class structure in its shares, by using a portion of its stake in NEPI Rockcastle.
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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