Ghost Wrap #62 (Sasol | ArcelorMittal | Sappi | Curro | British American Tobacco)

Welcome to Ghost Wrap, your regular update on the most interesting company news in the South African market.

In this episode of Ghost Wrap, I focused on the recent updates from these groups

• Sasol has seen its share price halve over the past year, with the wonderful opportunity for investors in 2020 becoming a very distant memory as infrastructure and other issues take their toll.
• ArcelorMittal is perhaps the most severe rollercoaster ride of them all on the JSE, with the steel industry only for those with an exceptionally strong stomach.
• Sappi demonstrates that the paper industry is also a tough place to play, with swing traders doing better than long-term holders of this stock.
• Curro may be growing its earnings at a solid rate, but the company is still coming to terms with growth that is well below original expectations.
• British American Tobacco is now profitable in the non-combustibles business and is still doing what it does best in the traditional smoking business: putting through pricing increases that fund dividends. 

The Ghost Wrap podcast is proudly brought to you by Mazars, a leading international audit, tax and advisory firm with a national footprint within South Africa. Visit the Mazars website for more information.