Ghost Wrap

By The Finance GhostBusiness Investing

Ghost Wrap episodes

September 04, 2024Ghost Wrap #79 (CA Sales Holdings | RCL Foods and Rainbow Chicken | Motus | Bidvest)
Ghost Wrap is your regular update on the most interesting company news in the South African market.

This episode covers:
CA Sales Holdings has a great business model that is still working beautifully.
RCL Foods and Rainbow Chicken have reported numbers together for the last time, which gives us an opportunity to reflect on exactly why the unbundling made sense.
Motus is struggling at the moment and the market doesn't seem to be punishing the share price, presumably because of the expectation of interest rate cuts.
Bidvest reminds us of the value of diversification, with five out of seven divisions in the green and a reasonable overall result at group level.
The Ghost Wrap podcast is proudly brought to you by Forvis Mazars, a leading international audit, tax and advisory firm with a national footprint within South Africa. Visit the Forvis Mazars website for more information.
6 min
August 28, 2024Ghost Wrap #78 (Italtile | ADvTECH and STADIO | Harmony)
Ghost Wrap is your regular update on the most interesting company news in the South African market.

This episode covers:
Italtile had a better second half as expected, but new risks have emerged.
ADvTECH and STADIO have shown us that private education can be lucrative, provided the business model is right.
Harmony got its gold production sorted at exactly the right time.
The Ghost Wrap podcast is proudly brought to you by Forvis Mazars, a leading international audit, tax and advisory firm with a national footprint within South Africa. Visit the Forvis Mazars website for more information.
7 min
August 20, 2024Ghost Wrap #77 (Absa & Standard Bank | MTN | NEPI Rockcastle)
Ghost Wrap is your regular update on the most interesting company news in the South African market.

This episode covers:
Absa and Standard Bank as examples of divergence in performance within the same sector.
MTN and the ongoing nightmare in Nigeria, necessitating an extension to the B-BBEE deal that references MTN's listed shares.
NEPI Rockcastle as one of the best property funds on the local market.
The Ghost Wrap podcast is proudly brought to you by Forvis Mazars, a leading international audit, tax and advisory firm with a national footprint within South Africa. Visit the Forvis Mazars website for more information.
7 min
August 12, 2024Ghost Wrap #76 (Italtile & Cashbuild | Quilter | AngloGold & Gold Fields)
Ghost Wrap is your regular update on the most interesting company news in the South African market.

This episode covers:
Italtile and Cashbuild as interesting plays for an improvement in consumer discretionary spending.
Quilter releasing strong results that reminded the market of how good that business is.
AngloGold and Gold Fields with such different production results, yet Gold Fields is out there making an acquisition.
The Ghost Wrap podcast is proudly brought to you by Forvis Mazars, a leading international audit, tax and advisory firm with a national footprint within South Africa. Visit the Forvis Mazars website for more information.
7 min
August 05, 2024Ghost Wrap #75 (MTN's African subsidiaries | ArcelorMittal | Curro)
Ghost Wrap is your regular update on the most interesting company news in the South African market.

This episode covers:
MTN's African subsidiaries and the difference in performance in Ghana and Uganda vs. the terrible situation in Nigeria.
ArcelorMittal and the dangers of operating leverage.
Curro clawing its way back towards pre-pandemic earnings.
The Ghost Wrap podcast is proudly brought to you by Forvis Mazars, a leading international audit, tax and advisory firm with a national footprint within South Africa. Visit the Forvis Mazars website for more information.
8 min
July 29, 2024Ghost Wrap #74 (Balwin | British American Tobacco | Mr Price | Vodacom)
Ghost Wrap is your regular update on the most interesting company news in the South African market.

This episode covers:
Balwin's push into rentals and what this means for the investment case.
British American Tobacco's growth wobbly in the New Categories.
Mr Price and the question marks around organic growth.
Vodacom's challenges in finding growth outside of markets with risky currencies.
The Ghost Wrap podcast is proudly brought to you by Forvis Mazars, a leading international audit, tax and advisory firm with a national footprint within South Africa. Visit the Forvis Mazars website for more information.
5 min
July 21, 2024Ghost Wrap #73 (Richemont | AVI | Karooooo | Prosus)
Ghost Wrap is your regular update on the most interesting company news in the South African market.

This episode covers:
Richemont's sales disappointment and broader luxury pressures in China.
AVI's ability to turn modest revenue growth into great profit growth.
Karooooo living up to its growth promises after a tough period in Asia.
Prosus giving the CEO a "moonshot" remuneration package.
The Ghost Wrap podcast is proudly brought to you by Forvis Mazars, a leading international audit, tax and advisory firm with a national footprint within South Africa. Visit the Forvis Mazars website for more information.
6 min
July 03, 2024 Ghost Wrap #72 (KAP | Sephaku Holdings | ArcelorMittal | Nampak)
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 KAP, Sephaku Holdings, ArcelorMittal and Nampak.
The Ghost Wrap podcast is proudly brought to you by Forvis Mazars, a leading international audit, tax and advisory firm with a national footprint within South Africa. Visit the Forvis Mazars website for more information.
6 min
June 10, 2024 Ghost Wrap #71 (Capital Appreciation | MultiChoice | Spar | The Foschini Group)
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 leading international audit, tax and advisory firm with a national footprint within South Africa. Visit the Mazars website for more information.
6 min
May 29, 2024 Ghost Wrap #70 (Balwin | Quantum Foods | De Beers | Tiger Brands | Bidcorp)
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 international audit, tax and advisory firm with a national footprint within South Africa. Visit the Mazars website for more information.
9 min