NEWS ARCHIVES
02 June 2021
Bidvest is so diversified that it has winners and losers in every economic cycle. The narrative from the company gives us great insights into various sectors.
Sibanye-Stillwater buybacks will be larger than SA investments
Sibanye-Stillwater has announced a buyback programme for 5% of issued shares (over R9bn at current prices). That's larger than the R6.3bn investment programme in South Africa.
Delta means (and needs) change
Delta Property Fund is a rare example of when investors should read the auditor's report before anything else.
Alexander Forbes needs to cut expenses
Alexander Forbes has hinted at expense cuts, as the group struggles to grow profitability after selling the large short-term insurance business.
01 June 2021
Standard Bank swimming between the waves
There are critical base effects in Standard Bank's latest numbers. By isolating April 2021, what can we learn about the economic recovery?
Invicta aligns with Chinese partners
Invicta is restructuring its Kian Ann investment to align with Chinese partners and unlock roughly R300m in cash to reduce offshore debt.
Adcorp: no dividend as revenue drops sharply
Adcorp's profits have soared and cash collections are much higher, but the turnaround is far from over.
Famous Brands' cupboard is bare
Famous Brands has experienced the worst year imaginable. Does the future look any brighter?
Comp Comm says no to Pepkor's DIY project
The Competition Commission has recommended that the Pepkor - Cashbuild transaction be prohibited, a blow to both parties hoping to close a deal in this fast-growing...
31 May 2021
Huge Group raises its bid for Adapt IT
The telecoms group has trumped an offer from Canadian firm Volaris with its higher offer but there is still no cash involved.
Nampak returns to profitability
The packaging group says dividends will remain suspended until it further reduces its debt.
Vukile to declared reduced dividend
The property fund says the start of its financial year coincided with the outbreak of Covid-19, resulting in rental relief for tenants.
Liberty Two Degrees encouraged by recovery
The property group says there has been a notable monthly improvement in its operational performance as customers return to malls.
PODCAST: Magic Markets Ep27 Beyond the Multiples
The recent market sell-off has been painful for growth investors. In this episode, Craig Antonie of AnBro Capital Investments explains why the future still looks bright...
28 May 2021
Mr Price stages strong recovery
The value retail group has clawed back lost growth from the first half of its financial year as it grew its share of the clothing market.
Pepkor reports higher earnings as it grows market share
The discount retail group benefitted from a strong operational performance and a lower interest bill.
Lewis reports strong post-lockdown recovery
The furniture retailer ensured that its stores were well stocked to meet the post lockdown demand.
Life Healthcare weathers Covid-19 impact
The group has held back on an interim dividend due to the impact a potential third wave of the pandemic may have on its business.
Afrimat does well from diversified portfolio
The Demaneng iron ore mine was allowed to reopen early in the lockdown while Construction Materials and Industrial Minerals also staged a recovery.
Tharisa grows production into PGM rally
The company has raised its interim dividend after earnings soared due to higher output and higher metal prices.
27 May 2021
Mediclinic agrees to Spire acquisition
The private hospital operator says it will use the proceeds to reduce debt as its global network recovers from Covid-19.
Pepco Group rises on Warsaw debut
Shares of the European discount retailer gained 12.5 percent and were the most traded on the Warsaw bourse yesterday.
Bytes beats forecasts with maiden results
The technology group was included in the FTSE 250 index in March due to strong demand for its shares.
Arrowhead holds off on interim dividend
The real estate investment trust will make a decision at the end of its financial year as it preserves liquidity due to Covid-19.
Zeder still mulling future strategy
The agribusiness investment company says it remains focused on growing its investee companies while it evaluates various third party approaches.
SENS
Change to the Board - Director Appointment MINE RESTORATION INVESTMENTS LIMITED Incorporated in the Republic of South Africa (Registration number: 1987/004821/06) Share code: MRI ISIN: ZAE000164562...
Published date: 23-Jul-2021 17:23:00Acquisition of Up To 35% Of Financiera Contigo - Amendment of Agreement Finbond Group Limited (Registration number: 2001/015761/06) Share code: FGL ISIN: ZAE000138095 ("Finbond" or "the...
Published date: 23-Jul-2021 17:00:00AGM Results and Market Update FAMOUS BRANDS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1969/004875/06) Share code: FBR ISIN code: ZAE000053328 ("Famous Brands"...
Published date: 23-Jul-2021 17:00:00YESTERDAY'S BEST READ
Mr Price suffered the loss of 111 stores, which the company intends to reopen based on specific circumstances of each store.
Port disruptions last week were understandable, but the underlying state of our rail network is creating longer-lasting problems.
The disruption to supply chains has been laid bare and the gap between big corporates and SMEs has surely widened as a result.
