Welcome to Ghost Wrap, your twice-weekly update on the most interesting company news in the South African market.

In this episode of Ghost Wrap, I looked at some of the more interesting stories in a busy few days of news.

Libstar is a great reminder of why I'm bearish on SA consumer stocks.

Gemfields has reminded the market that the risks extend beyond just the rubies.

FirstRand isn't aiming for heroics in this environment, but the share price is demanding more growth.

Metair could well be the unluckiest company on the local market.

Growthpoint is a perfect example of how tough things are in the property sector right now.

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.

Welcome to Ghost Wrap, your twice-weekly update on the most interesting company news in the South African market.

In this episode of Ghost Wrap, I looked at some of the more interesting stories in a busy few days of news.

Bell Equipment has released really strong results, but watch the cash.

Transaction Capital's nightmares continue, with news of the departure of David Hurwitz and underlying earnings in a tough spot, sending the share price back below R6.

Capitec found some love in the market despite modest HEPS growth.

Caxton & CTP is a tale of two segments right now, with heavily discounted look-through exposure to Mpact making it interesting.

City Lodge's occupancies are higher, but the market is looking for pricing power and that is lacking.

Sun International's resorts and hotels segment boosted the group in the latest result, with gaming revenue also moving higher.

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.

Welcome to Ghost Wrap, your twice-weekly update on the most interesting company news in the South African market.

In this episode of Ghost Wrap, I looked at some of the more interesting stories in a busy few days of news.

Bowler Metcalf is evidence of how share buybacks can turn financial water into wine.

City Lodge was permanently damaged by the pandemic, but at least the company is profitable again.

Shoprite's astonishing performance was blunted by Eskom, which means share price performance is also well off where it should be.

The Foschini Group's trading update reflects the impact of pressure on like-for-like sales, a drop in gross margin and debt on the recent acquisition.

Bidvest's second half of the financial year was all about generating cash, which was helpful for the dividend payout ratio.

AVI's results look good provided you exclude I&J, which tells us something about the different segments in the 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.

Welcome to Ghost Wrap, your twice-weekly update on the most interesting company news in the South African market.

In this episode of Ghost Wrap, I looked at some of the more interesting stories in a busy few days of news.

Cher once asked us if we believe in life after love. I'm not sure about that, but we can believe in life after REIT based on the latest numbers from Fortress.

The recent results from Truworths need a careful read based on important and justifiable adjustments, with the core results revealing a decent period for the company.

Load shedding really hurts food retail, as evidenced by comparing Woolworths' Food business to its Fashion, Beauty and Home business.

Bidcorp's numbers for the year ended June are practically faultless.

Cashbuild is in a perfect storm right now, with ongoing difficulties in this trading environment.

KAP may need to rebrand to KLAP, because that's exactly what the company got given in the latest period by Safripol and Unitrans.

Motus is a reminder that you always need to read to the bottom of the income statement, with finance costs eating up growth in operating profit.

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.