Ghost Wrap

Ghost Wrap #56 (Purple Group | Spar | Pepkor | Bidvest | Attacq)

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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 five important stories on the local market:

  • Purple Group may be loss-making, but the revenue resilience in a near-impossible year is a strong tick in the box for this story.
  • Spar has hopefully signed off on the worst year that the company will ever experience, with several own goals and the suspension of dividends.
  • Pepkor has a reputation as a defensive retailer, but that doesn't seem appropriate based on the underlying businesses.
  • Bidvest gave the market a fright with its recent commentary about pricing pressure, leading to a sharp correction in the share price.
  • Attacq is an excellent reminder that the old adage of "location, location, location" applies to REITs as well. 

    • 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.

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    Ghost WrapBy The Finance Ghost
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