Ghost Wrap #58 (Tharisa | enX - Nedbank | Thungela | Italtile | Grindrod)
Listen now
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 covered these important stories on the local market: Tharisa has PGM and chrome operations, which means the company has two levers to pull in response to commodity prices. enX is selling Eqstra to Nedbank, which has interesting financial and strategic considerations for investors in both those groups. Thungela can't do much about local infrastructure at Transnet and the negative effect it has, but some clever dealmaking in the Aussie acquisition has paid off. Italtile is still suffering in an environment where consumers are buying holidays and experiences, not new bathrooms. Grindrod has a partially mitigating factor when it comes to local infrastructure, holding an indirect stake in the company operating the Maputo port - and that concession is being extended by the Mozambican government.  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.
More Episodes
Ghost Wrap is your regular update on the most interesting company news in the South African market. In just a few minutes, you can get the latest news and my views on Capital Appreciation, MultiChoice, Spar and The Foschini Group. The Ghost Wrap podcast is proudly brought to you by Mazars, a...
Published 06/10/24
Published 06/10/24
Ghost Wrap is your regular update on the most interesting company news in the South African market. In just a few minutes, you can get the latest news and my views on Balwin, Quantum Foods, De Beers, Tiger Brands and Bidcorp. The Ghost Wrap podcast is proudly brought to you by Mazars, a leading...
Published 05/29/24