Ghost Wrap

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 yea...

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 po...

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 ...

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 busine...

Listen to the podcast to get the details on these insights from December 2024:

1. Is Italtile's share price a Christmas miracle?
2. Bloisi's first acquisition at the helm of Prosus is a fascinating one in Latin America
3. Renergen was the most interesting announcement in the dead week between Christmas and the new year, revealing yet another risk for the business
...

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:

1. The per-share numbers are what count in the property sector
2. The market is hungry for quality IPOs
3. Poultry businesses are making money again
4. Murray & Roberts is a catastrophe
5. MultiChoice really...

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 sale...

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.
• Transacti...

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 scar...

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...

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.
...

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 prope...

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, ...

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 p...

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...

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" remu...

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 Afri...

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 So...

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 A...