Ghost Biz - 9 October 2025
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In Ghost Biz this week, it's a mixed week for local stocks — with value plays holding steady amid regulatory drama.
Gary and the Finance Ghost take a look at:
- Old Mutual launching a R3 billion share buyback, tightening its share base and boosting long-term earnings per share.
- Africa Bitcoin Corporation — a bold rebrand and expansion, but questions remain over rising costs and profitability amid ambitious SME lending goals.
- eMedia Holdings buying 30% of Pristine World Holdings, signaling renewed activity but raising red flags over valuation and lack of control.
- TrustCo being fined R5 million and publicly censured by the JSE for failing to seek shareholder approval on a key deal.
Gary and the Finance Ghost take a look at:
- Old Mutual launching a R3 billion share buyback, tightening its share base and boosting long-term earnings per share.
- Africa Bitcoin Corporation — a bold rebrand and expansion, but questions remain over rising costs and profitability amid ambitious SME lending goals.
- eMedia Holdings buying 30% of Pristine World Holdings, signaling renewed activity but raising red flags over valuation and lack of control.
- TrustCo being fined R5 million and publicly censured by the JSE for failing to seek shareholder approval on a key deal.
