Stay Ahead in the Investment Race

Hi, 👋🏽

It's been a while since we saw each other, can we have a moment of your time?

We're all about making it simple, and seamless, and giving you the best experience. We weren't able to do that previously and made some optimizations. Until now, we have been working on a new website, optimizing the app experience for you, improving the quiz, building our omnichannel, introducing new products, and finally this newsletter.

Just like a Formula 1 car needs regular pit stops to maintain peak performance, you too need timely financial insights to stay ahead in the investment race. That's where The Update comes in - your weekly pit stop to refuel your knowledge and keep you at the top of your game.

1. In the 📰 this week

Thungela Resources Limited highlights:

• Revenue: +R50.8 billion (93%)

• Adjusted EBITDA: +R29.5 billion (196%)

• Profit: +R18.2 billion (162%)

• Adjusted operating free cash flow: +R18.1 billion (361%)

• Net cash: +R14.7 billion (70%)

• Capital expenditure: -R1.9 billion (-17%)

• Full-year dividend: +R100.00 per share (456%)

ADvTech Limited highlights:

• Revenue: +18% to R6 961 million

• Operating profit: +20% to R1 333 million

• Normalised earnings: +20% to R790 million

• EPS: +21% to 148.6 cents per share

• Full-year dividend: 60.0 cents per share

Merafe Resources Limited highlights:

• Revenue: -2% to R7 939 million

• EBITDA: -12% to R2 141 million

• Net cash generated: +R1 698 million

• Cash balance: R1 269 million

• Final cash dividend: 13 cents per share

• Ferrochrome production: +1% to 384kt

Caxton & CTP Publishers & Printers Limited highlights:

• Revenues: +R781.7 million (25.8%)

• Profit from operating activities: +R108.7 million (39.8%)

• Operating expenses: +R105 million (19.8%)

• EPS: +66.4%

• Headline EPS: +36.4%

2. Stock Spotlight 🔦