29 June 2021
While Anglo American bails out of coal as quickly as possible and BHP Billiton follows suit, Glencore is happy to pick up the pieces.
Cashbuild has released a trading statement that guides earnings growth of 100% vs. FY20 and 19% vs. FY19.
US-listed Etsy is buying growth at quite a speed, announcing its second acquisition this month alone.
After a year of significant corporate actions, Invicta has emerged with an improved balance sheet and the declaration of a dividend.
While the world continues to grapple with a post-pandemic malaise, investors are slowly coming to terms with ESG business risks.
28 June 2021
Steinhoff's operations are improving but the balance sheet is still a mess and the litigation settlement is far from being a foregone conclusion.
The value of your portfolio can change considerably based on the Fed and the yield curve. In Episode 31 of Magic Markets, we explain why.
Crookes Brothers is one of few primary agriculture businesses on the JSE. The company has announced a substantial improvement in earnings.
Ascendis acquired Farmalider for R210m in 2015 and has now agreed to sell the investment for just R84m.
The S&P 500 hits another peak, fuelled by positive news from US banks’ stress tests.
25 June 2021
Old Mutual is unbundling a chunky part of its stake in Nedbank in a bid to unlock value for shareholders. The market liked it.
Growthpoint's update is enough to send a shiver down the spine of any REIT investor, especially in office portfolios.
Weekly summary of Merger & Acquisition activity by South African companies
Weekly summary of all Merger & Acquisition activity from across Africa (excluding South Africa)
Digital markets and Big Tech firms are likely to be the flavour of the month for competition authorities for some time to come.
Weekly summary of corporate finance activity by South African exchange listed companies
24 June 2021
Demand for debt has been stronger among retail and business banking clients, thanks to low rates, with corporate clients preferring to deleverage.
Murray & Roberts has a record order book, driven by Australian infrastructure spending. An investor day has revealed many details for investors.
Long4Life looks set to unbundle the Sport and Recreation unit, but only once it has a few more acquisitions to its name.
Ascendis Health's share price has almost dropped to where it was before the restructure was announced in mid-May, but progress has been made.
Gary Booysen of Rand Swiss weighs in on the Naspers / Prosus debate, reminding us that there's "value in the rump"
23 June 2021
Omnia's strong result and R6 dividend per share is being overshadowed by a R900m tax dispute with SARS, tucked away in the long-form announcement.
Grindrod Limited released a pre-close business update for the five months to May 2021, with a positive narrative overall thanks to activity in commodities.
Curro terminated 5% of the learner base in January due to non-payment of fees. It's a stark reminder of what lockdown did to the middle-class.
Hudaco has announced a significant jump in interim profit, as operations return to normal vs. a nightmarish base in 2020.
The leaders of the Group of Seven (G7) countries agreed to stop subsidising fossil fuels within four years.