23 March 2021
Ingham Analytics has issued an updated analysis of the GameStop saga in the US, a trade that continues to astonish by its volatility and speculative behaviour.
While conditions have improved, the UK and SA bank and wealth manager says it will report a decline of up to 29 percent in full-year earnings.
The platinum mining company will continue buying back its Zambezi preference shares rather than paying an interim dividend.
The printing and publishing group has booked an impairment due to the permanent decline in magazine and newspaper publishing.
Corporate governance failures. Frauds. Accounting misstatements. A “hole in the balance sheet” – unfortunately, these breakdowns in trust happen on the market.
Global interest rates starting to move up. The number of Americans filing first-time unemployment claims rose 45 000 to 770 000 last week...
Shares of the investment holding company rallied after it said it would return the funds set aside for the investment to shareholders.
The fund says the performance of its SA portfolio recovered marginally in the second half of its financial year.
19 March 2021
The resources group will return some of the proceeds of the sale of its Tronox stake to shareholders, while buying back its own shares.
The automotive components and energy storage group reported a strong rebound in its second-half performance.
The data network company benefitted from demand for data last year as it grew its customer base.
The forestry company says first-half earnings this month will show a big recovery in earnings and significantly higher cash generation.
Weekly summary of all Merger & Acquisition activity from across Africa (excluding South Africa)
Weekly summary of Merger & Acquisition activity by South African companies
The drilling services company says many of the countries it operates in have imposed restrictive measures due to the Covid-19 pandemic.
Weekly summary of corporate finance activity by South African exchange listed companies
Purchase price adjustments are commonly incorporated into M&A transactions and are used to protect the buyer against value erosion or leakage in the target company
18 March 2021
Like Absa, the bank is taking a cautious approach due to pandemic uncertainty but says payouts may resume as early as June.
The group reported stable cash flows as a rise in retail sales made up for a decline to the food service industry.
Credit losses swelled to R146-million last year after Covid-19 impacted the ability of families to pay for tuition.
The financial services investment holding company has reported a rise in first-half earnings thanks to its OUTsurance subsidiary.
The software, security and cloud services specialist says its performance is likely to be ahead of market expectations.
The investment holding company says the rest of its portfolio had a resilient performance during the Covid-19 pandemic.
17 March 2021
The retailer says its Supermarkets RSA business has achieved 22 months of uninterrupted market shares gains.
The poultry and feeds group was not able to recover higher feed input costs in the selling prices for its chickens.
Hot on the heels of "Rate accelerator" which analysed the interconnection between equity and debt markets and how that is playing out, particularly in the US,...
The German-focused real estate company has bought five assets since the beginning of January.
The company took advantage of a shortage of electrical cables following the hard lockdown of last April and May.
The engineering and construction group says there was wide support from shareholders, who indicated more cash may be available.
The industrial holding company says projected levels of economic activity and consumer demand should support it for the rest of the year.
16 March 2021
The group is targeting a higher LSM customer base with the acquisition of the kitchen and homeware retailer and wholesaler.
The hotel and casino group says it will take some time for its trading results to recover due to the impact of lockdowns on its operations.
In a chunky Equity & Credit Markets Searchlight entitled "Rate accelerator" Ingham Analytics provide incisive analysis on the interconnection between equity and debt markets and how...
Minority shareholders will be entitled to subscribe for 1 Karooooo share for every 10 Cartrack shares held.
The private tertiary education group has grown revenue and core headline earnings but reported a basic loss due to once-off costs.
The S&P 500 reaches a new record high.
The private education and resourcing group will report higher normalised earnings for the year despite the challenges of Covid-19.