MINERS' BULLISH SCENARIOS
By Andrew McNulty
One theory about the continuing wave of mining-sector mergers and acquisitions is that these deals reflect views in the mining companies that commodity prices may be at, or near, cyclical peaks. According to this view, investment in...
ICY SLUMP GRIPS LONDON
By Ian Fife
London, SA's favourite foreign residential property investment market, is finally coming to the end of its decade-long boom. UK property prices have fallen for three consecutive months for the first time since 1995. Respected econo...
AN INDELIBLE PERCEPTION?
By Duncan McLeod
Hi-tech goods retailer Incredible Connection has an image problem. Tech-savvy consumers often use derogatory names - Incredible Corruption; Incredibly Expensive - when referring to the JD Group subsidiary. The perception is that the company's p...
FAR FROM A DONE DEAL
By Shoks Mzolo
Amid a flurry of what appear to be positive reports from Imuniti and the trebling of the share price, it's easy to miss the bigger picture: the AltX-listed firm is still stuck in the doldrums and prospects are a long way from looking u...
BROADLY UNGENEROUS
By Sibonelo Radebe
Sparks are set to fly as mobile phone network operator Vodacom moves closer to finalising its R7,5bn black economic empowerment (BEE) deal. Under normal circumstances a R7,5bn socially friendly initiative by a private entity should...
BITTER KEBBLE HARVEST
By Rob Rose
Banking group Investec, which has been attacked for its alleged greed by shareholders of mining group JCI, is now embroiled in something of a tiff with JCI management. This suggests a shift in the power dynamics at JCI, given the ro...
RATHER A LOT TO DISCUSS
By Rob Rose
It's an unwritten rule that one ought to beware of a company that issues critical announcements on Christmas Eve. Now we can add another suspect category to the list: those that hold an AGM on New Year's Eve. That's what John Daniel,...
DEDICATED POWER COLLIERY?
By Brendan Ryan
Anglo Coal's US$505m Zondagsfontein coal project may be the curtain-raiser to an even larger development. That's the go-ahead for the New Largo mine, situated on a coal deposit slated to supply Eskom's Project Bravo power station, to b...
ONLY BRAVE NEED APPLY
By Rob Rose
It has been a torrid year for anyone unfortunate enough to have bought shares in property company Bonatla. With the sheriff banging on the company's door for unpaid debts, next year could be even worse. The company, founded by the e...
DIAMONDS & DOGS
By Jamie Carr
Diamond Resources Resources are the flared trouser of the stock market. For decades they fester in the depths of the portfolio and you wonder why you ever bought them, then all of a sudden there is a whiff of change in the ...