| A number of companies are still suffering the consequences of entering a tough trading period with too much debt. EOH is one of them. Although it has halved its debt since July 2018, it still sits with R2-billion that it's trying to reduce. Its shares fell yesterday after it said it would report a first-half loss - although it is greatly reduced from last year. Ascendis Health is also battling a big debt burden, which resulted in significantly higher interest costs in the first half of its financial year, pushing it into a loss. It's likely to address how it plans to restructure its balance sheet when it releases interim results next week. Meanwhile, as the Reserve Bank kept interest rates unchanged at the conclusion of its Monetary Policy Committee yesterday, Remgro said its earnings were negatively affected by the 300 basis point reduction in rates last year. The investment holding company's results were also impacted by its holdings in FirstRand and Mediclinic. Also today, Sabvest's shares rallied after it reported an improvement in its net asset value for 2020 and asset manager Sygnia says co-founder Magda Wierzycka will step down as CEO at the end of May. Rounding up your final newsletter for the week, all the latest mergers and acquisitions news from our partners at DealMakers. I hope you have a good day. Stephen Gunnion Managing Editor, InceConnect
The latest from Ingham Analytics Ingham Analytics has issued their second note on GameStop this week, a share trading sensation. The first note was entitled "Is GameStop a bathtub drain?" and issued just ahead of the Q4 and full year results whilst "Is this true insanity?" assesses the actual result and latest share statistics. If you're a market high roller this is a must read. Also check out Andrew Kinsey's "Are more treasuries gonna get shaken loose?" | 