View in web browser

Good Morning Voornaam,

Ghost Bites:

Harmony Gold, or Harmony Copper? Harmony is diversifying the business with a major deal in Australia.
Life Healthcare emerges from the pandemic with a different earnings trend to competitors
The fight between Mpact and Caxton is literally just warming up
Thungela believes it can mitigate the Transnet strike

There's enough drama in Ghost Bites this morning that you won't need your favourite Netflix show this weekend. Get your fix here>>>

A love letter from a reader - to rhodium, not to me

Greg Salter is a talented guy. An avid reader of Ghost Mail, he decided to put pen to paper and wrote a cracking piece on how rhodium played a huge role in seeing our economy through the pandemic.

Eskom may be the thorn, but rhodium is the rose. Find out why in this excellent piece>>>

DealMakers is back!

After taking a break for a couple of wee ks, the team at DealMakers is back with their signature summaries of the corporate activity on the market. This includes major unlisted deals, so be sure to read through the summaries to make sure you didn't miss anything this week.

For example, you can get up to speed on South African M&A or South African corporate finance activity. In an opinion piece that will appeal to those who have been following the s164 appraisal rights stories on the JSE, two young lawyers from Fasken unpack t he recent court ruling in a case involving Capital Appreciation Limited.

Jobs, hurricanes and a webinar

The dollar is trading firmer despite weekly jobless claims increasing from 209,000 to 219,000. Whilst this would've normally be interpreted as a slowdown in the economy (which is bullish for the dollar), the reason for the increase is attributed to Hurricane Ian causing havoc in Florida. Even a sharp increase in the number of job cuts couldn't stop the dollar, which took the rand back above R17.90.

This is merely a taste of the reaction we could get to US non-farm payroll numbers today.

By now, you are well aware that TreasuryONE is our source is of excellent daily commentary on the markets. The team is back with another webinaront> on Wednesday 12th October at 1pm. You absolutely do not want to miss it, as they will shed light on the macroeconomic chaos that has driven markets this year. Best of all, attendance is free! You just need to register here>>>

Look to the future

On this busy Friday, there's also a brand-spanking-new episode of Magic Markets for you to dig into. Justine Brophy from AnBro Capital Investments j oined us to talk about why he feels good about the future, particularly when considering the earnings trajectory and ongoing opportunities being unlocked by companies in growth sectors around the world.

Our goal in Magic Markets is to bring you highly experienced views on the market and the team at AnBro always delivers. Listen to it at this link>>>

Have a terrific weekend!

Ghost Bites (Harmony Gold | Life Healthcare | Mpact vs. Caxton | Thungela)

Harmony Gold, or Harmony Copper? Life Healthcare emerges from the pandemic. The wrong kind of Mpact. Thungela can mitigate the Transnet strike.

Rhodium, a rose by another name?

Ghost Mail reader Greg Salter has written a wonderful piece on rhodium, the unsung hero of the South African economy during Covid. It's absolutely worth a read.

Thorts: Minority shareholders' appraisal rights

A company repurchasing more than 5% of its shares must meet the solvency and liquidity test and provide for dissenting shareholders' appraisal rights.

Who's doing what this week in the South African M&A space?

Weekly summary of Merger & Acquisition activity by South African companies

Who's doing what in the African M&A space?

Weekly summary of all Merger & Acquisition activity from across Africa (excluding South Africa)

Weekly corporate finance activity by SA exchange-listed companies

Weekly summary of corporate finance activity by South African exchange listed companies

Magic Markets Ep96: Looking to the Future

Justine Brophy from AnBro Capital Investments is feeling good about the future. It takes a cool head to be a successful investor and the team from AnBro certainly knows how to look through a crisis. Learn from them in this podcast.

Listen Now

EasyEquities is a product of First World Trader (Pty) Ltd t/a EasyEquities which is an authorized financial services provider (FSP no.2225880) and a registered credit provider (NCRCP12294).

EasyProperties is a juristic representative of the First World Trader (PTY) Ltd t/a EasyEquities which is an authorised financial services provider (FSP) number 22588.

EasyEquities does not act as an FSP when allowing you to buy and sell the EC10 bundle as well as any other cryptocurrencies.

Disclaimer

Our content is intended to be used and must be used for informational purposes only. You must do your own analysis before executing any investments or strategic decisions, based on your own circumstances. We do not provide personalised recommendations or views as to whether an investment approach or corporate strategy is suited to the needs of a specific individual or entity. You should take independent financial advice from a suitably qualified individual who gives due regard to your personal circumstances.

Whilst every care is taken, we accept no responsibility or liability for any errors or omissions in any of our content.

The views, thoughts and opinions expressed in our content belong solely to the author or quoted individuals and/or entities, and not necessarily to the author's employer, organisation, committee or other group or individual, or any of our affiliates or brand partners.