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Good Morning Voornaam,

Quick! You still have time to register for the bizval webinar tomorrow, in which we will be covering the due diligence process that so frequently hurts founders when trying to sell their businesses. To join yours truly and a panel of experts at 12pm tomorrow for this insightful webinar, register here>>>

Other stuff I wouldn't want you to miss:

Stand the chance to win a Takealot voucher by completing the Jaltech Alternative Investments Report Survey, which consists of only 10 questions. Find it here>>>
Register for Unlock the Stock on Thursday, featuring exciting listed groups Afrimat and Capital Appreciation. Brought to you in proud association with A2X, this is your chance to be an analyst for the day! You just need to register to attend at this link>>>

Yay for the mid-caps!

I love seeing some of the smaller companies on the JSE doing well. For example, CA Sales Holdings jumped 7.5% after releasing exciting numbers. Mpact rallied 6.5% thanks to really strong EBIT growth and a solid recovery in the Versapak business that is held for sale.

I found the news from City Lodge to be less exciting, with what looks to me like modest earnings vs. the current share price.

Other updates this morning include Anglo American Platinum, Murray & Roberts, Texton and WBHO. Read Ghost Bites this morning to get up to speed>>>

Say hello to helium

After yesterday's article on the uses of helium, I'm thrilled to release the latest episode of Ghost Stories in which I had a detailed discussion with Stefano Marani, CEO of Renergen. We spent the first half of the show on helium itself and the Renergen project, with the second half dedicated to the group structure and capital raising strategy.

If you want to learn a great deal about Renergen, this episode of Ghost Stories is for you>>>

The rand is slightly disconnected

Emerging market currencies managed small gains yesterday. Well, except for the rand, which has not be en a great performer in recent weeks thanks largely to load shedding, making it slightly disconnected from its peers. In a week of Level 6 load shedding and the budget speech on Wednesday, TreasuryONE expects the rand to remain under pressure.

With the US out of the markets yesterday, the dollar was rather dull. Metals had a good start to the week though, with a significant bounce in palladium. Brent crude traded at around $84.25, firmly wedged in the $80 to $90 range.

Get your earphones ready

Here are two podcasts to improve your day:

Brought to you by Mazars, the latest Ghost Wrap podcast is a fast-paced update on Zeda, Emira, Attacq, Italtile, Cashbuild, Pan African Resources, AngloGold, Gold Fields, DRDGOLD, Absa and Discovery. Find it here>>>
Episode 112 of Magic Markets goes behind the scenes of a multi-asset investment platform with the COO of Trive South Africa as our guest. Marius Grobler knows exactly how the nuts and bolts of a brokerage fit together and he happily shared those insights with us on this show>>>

Have a great day in the markets!

Ghost Bites (Anglo American Platinum | CA Sales Holdings | City Lodge | Mpact | Murray & Roberts | Texton | WBHO)

Amplats releases 2022 numbers. CA Sales Holdings is growing strongly. City Lodge is profitable again. Mpact enjoys higher prices. Murray & Roberts shareholders vote on Bombela. No dividend at Texton. WBHO updates earnings.

Unpacking the uses of Helium with Renergen

Helium is the second most abundant element in the universe, but on earth it is relatively rare. It's a colourless, odourless, tasteless, non-toxic gas that is lighter than air.

Ghost Stories #6: Say Hello to Helium (Stefano Marani, CEO of Renergen)

In Ep6 of Ghost Stories, Renergen CEO Stefano Marani joined The Finance Ghost to unpack the uses of helium and Renergen's operations, along with the capital raising strategy for the project.

Listen Now

Ghost Wrap 12 (Zeda | Emira | Attacq | Italtile | Cashbuild | Pan African Resources | AngloGold | Gold Fields | DRDGOLD | Absa | Discovery)

Covering numerous updates across the gold mining, financial services, property and consumer sectors, Ghost Wrap is your whirlwind update on the week's most interesting JSE updates. Ghost Wrap is brought to you by Mazars.

Listen Now

Magic Markets Ep112: The Brokerage Engine Room (with Trive)

A multi-asset investment platform is a complicated animal to build and operate. Trive South Africa COO Marius Grobler joined us to explain how it all works behind the scenes.

Listen Now

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