Ghost Wrap #13 (Adcock Ingram | KAP Industrial Holdings | Motus | Tiger Brands | Quantum Foods | Libstar | Bidcorp | City Lodge)

Welcome to Ghost Wrap. It's fast. It's fun. It's informative.

In this week's episode of Ghost Wrap, we cover:

• Adcock Ingram has put in a great performance under tough conditions.
• KAP Industrial Holdings is a case of di-worsification at the moment, with practically all the businesses struggling.
• Motus released excellent results, but keep an eye on the debt.
• Tiger Brands has shown excellent pricing power, though I worry about how long consumers can keep this up for.
• Quantum Foods has had its profitability destroyed by feed costs and load shedding.
• Libstar's business model doesn't have sufficient pricing power in this environment.
• Bidcorp reported exceptional numbers, reminding the market just how good the business is.
• City Lodge's results have divided the bears and bulls even further - and with good reason.

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