At the halfway mark in 2025, we've lived through some huge geopolitical shifts. The world's gaze has shifted beyond just the US market. This opens up new opportunities of course, but finding those gems isn't easy. Many investors choose to stick with what they know in times like these. This means homegrown favourites on the JSE. But which stocks have been the big winners thus far this year, and what do they have in common? In this episode, I explain how the key themes of gold, platinum and telcos...
Jun 25, 2025•10 min•Ep. 88
There may have been many public holidays in April, but that didn't stop the market from reacting to the broader geopolitical turmoil. With recession concerns as a key theme, which stocks did well and which ones delivered a nasty drop? This podcast is an overview of recent big share price moves among larger local companies on the JSE, revealing some interesting trends. The Ghost Wrap podcast is proudly brought to you by Forvis Mazars , a leading international audit, tax and advisory firm with a n...
May 05, 2025•9 min•Ep. 87
Earnings season is drawing to a close and it feels like we've all earned a holiday. In considering how the first few months of the year have played out, some surprising winners have emerged. The performance in gold is simply a case of the sector carrying on where it left off in 2024, but what about platinum? And where did that telecoms rally come from? Also, have retail stocks continued their slide since the previous episode of Ghost Wrap that focused on that issue? This podcast gives you great ...
Mar 19, 2025•9 min•Ep. 86
Listen to the podcast to get insights into the retail sector from the first few weeks of trading in 2025. In clothing, it's quite clear that Pepkor and Mr Price had stronger numbers than The Foschini Group and certainly Truworths , yet the baby has been thrown out with the bathwater in that sector. Woolworths is a hybrid model and this is reflected in the performance, with the food business looking far stronger than the rest of the group. In grocery, Boxer has been the most defensive stock thus ...
Feb 04, 2025•10 min•Ep. 85
Listen to the podcast to get the details on these insights from December 2024: Is Italtile's share price a Christmas miracle? Bloisi's first acquisition at the helm of Prosus is a fascinating one in Latin America Renergen was the most interesting announcement in the dead week between Christmas and the new year, revealing yet another risk for the business Metair's selling price for the Turkish business has all but evaporated Bell's share price may prove to be a cautionary tale about greed, with r...
Jan 05, 2025•9 min•Ep. 84
In a new format for the Ghost Wrap podcast, I look back on five important insights in the South African market from November 2024. Listen to the podcast to get the details on these topics: The per-share numbers are what count in the property sector The market is hungry for quality IPOs Poultry businesses are making money again Murray & Roberts is a catastrophe MultiChoice really, really needs the Canal+ deal to go ahead The Ghost Wrap podcast is proudly brought to you by Forvis Mazars , a le...
Dec 02, 2024•12 min•Ep. 83
Ghost Wrap is your regular update on the most interesting company news in the South African market. This episode covers: Clicks and Dis-Chem as the dynamic duo in arguably the most appealing retail model. The Foschini Group's latest acquisition in the UK, proving once more that the group isn't scared of risk. Cashbuild's positive momentum in both the share price and sales growth. The Ghost Wrap podcast is proudly brought to you by Forvis Mazars , a leading international audit, tax and advisory f...
Oct 28, 2024•6 min•Ep. 82
Ghost Wrap is your regular update on the most interesting company news in the South African market. This episode covers: Nampak and a pretty heroic turnaround for the balance sheet. Spar's troubles, including Switzerland as what could easily be the next major headache. Metair's balance sheet pressures and the need for the Turkish disposal to go through quickly. Transaction Capital and the plan to focus on Nutun going forward, with the controlling stake in Mobalyz (SA Taxi) being sold. The Ghost ...
Oct 02, 2024•7 min•Ep. 81
Ghost Wrap is your regular update on the most interesting company news in the South African market. This episode covers: Sibanye-Stillwater has had a great day, but the share price move needs some context. Truworths is riding the GNU-phoria, even though the best performing part of the business is in the UK! Finbond has secured an excellent deal in the US. Barloworld scared the market with a cryptic announcement about Russia. The Ghost Wrap podcast is proudly brought to you by Forvis Mazars , a l...
Sep 16, 2024•6 min•Ep. 80
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 ...
Sep 04, 2024•5 min•Ep. 79
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 ...
Aug 28, 2024•7 min•Ep. 78
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 aud...
Aug 20, 2024•6 min•Ep. 77
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 lead...
Aug 12, 2024•6 min•Ep. 76
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 w...
Aug 05, 2024•7 min•Ep. 75
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 ...
Jul 29, 2024•5 min•Ep. 74
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 a...
Jul 21, 2024•6 min•Ep. 73
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....
Jul 03, 2024•6 min•Ep. 72
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....
Jun 10, 2024•5 min•Ep. 71
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....
May 29, 2024•8 min•Ep. 70
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 KAL Group, AB InBev, Redefine, RFG Holdings and Calgro M3 . 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....
May 10, 2024•4 min•Ep. 69
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 MTN Nigeria, Datatec, Capital & Regional, Harmony Gold as well as Astral Foods and Quantum Foods in the poultry sector. 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....
May 05, 2024•6 min•Ep. 68
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 Sirius Real Estate , Afrimat , Oceana and PSG Financial Services . 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....
Apr 22, 2024•5 min•Ep. 67
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 focused on recent M&A news across various sectors: MultiChoice's R125/share mandatory offer from Canal+ and the potential strategic direction going forward. Grindrod Shipping's selective capital reduction and intended delisting, leaving Taylor Maritime as the sole shareholder. MC Mining's battle with Goldway and the surprising number of offer acceptanc...
Apr 09, 2024•6 min•Ep. 66
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 focused on recent news across various sectors: Transaction Capital didn't get quite as much as it hoped for the WeBuyCars shares, but still raised over R900 million at what seems like a good price. The group has also announced the sale of Nutun Australia. Sun International had some bright spots in 2023 and could really do with reduced load shedding as it g...
Mar 24, 2024•6 min•Ep. 65
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 focused on recent news across various sectors: Mustek is a lesson in two things: the danger of a value trap and the threat of competition in lucrative sector. Curro is telling the market that it wants to fill its schools, yet the company increased fees by a much higher rate than inflation in 2023. Sea Harvest is another good example of a corporate that saw...
Mar 10, 2024•6 min•Ep. 64
