Phantom Shares: A Tale of Two Tsogos
Phantom Shares is my weekly summary of the more interesting stories and themes from the prior week on the JSE. It is first published in the Daily Maverick 168 newspaper on a Saturday and then in Business Maverick each Monday. It is reproduced here with the permission of Daily Maverick. the_ad id=”3223″ A tale of two Tsogos In mid-2019, Tsogo …
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Activism and acquisitions on the JSE
- South Africa
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Adapt IT, Alexander Forbes, Bell Equipment, Imperial, Independent Expert, Mpact, Naspers, Prosus, Sanlam, Shareholder activism, Stadio, Takeover Law
- June 19, 2021
It’s been a busy few weeks in my new role as Managing Editor of InceConnect, a daily mailer that gives me the opportunity to unpack the biggest stories on the JSE. Occasionally, I get to add in some international news as well, depending how busy the JSE news flow was. Although I always tried to keep an eye on local …
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Activism and acquisitions on the JSE
It’s been a busy few weeks in my new role as Managing Editor of InceConnect, a daily mailer that gives me the opportunity to unpack the biggest stories on the JSE. Occasionally, I get to add in some international news as well, depending how busy the JSE news flow was. Although I always tried to keep an eye on local …
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Adapt-ing to accounting standard issues
Adapt IT is a JSE small cap operating in the IT industry. The company is worth around R390m which is unremarkable. The remarkable news is that it was worth only R160m at the end of September. This is the thing with smaller companies on the JSE: they trade sideways for extended periods and experience significant jumps or drops based on …
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Adapt-ing to accounting standard issues
Adapt IT is a JSE small cap operating in the IT industry. The company is worth around R390m which is unremarkable. The remarkable news is that it was worth only R160m at the end of September. This is the thing with smaller companies on the JSE: they trade sideways for extended periods and experience significant jumps or drops based on …
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