Super Group piqued the market's interest with a cautionary announcement yesterday. Without providing any detail, it said its SG Fleet subsidiary was in talks that could result in a material transaction. Australia's Financial Review speculated on the deal, which could be announced as early as today. Read on to find out more. Also in today's newsletter, Eastern Platinum has completed a reconfiguration of one of its plants that will help it ramp up production at its platinum assets in the Bushveld Complex, which spreads across most of the Limpopo Province, a small part of the North West and into Botswana and Zimbabwe. And investment group RECM and Calibre is preparing to unbundle most of its interest in Astoria Investments in a move that will result in the lifting of the suspension of its shares on the JSE. Finally, direct marketing and FinTech group Homechoice International reveals the impact Covid-19 had on its sales and lending activities last year. I hope you have a good day. Stephen Gunnion Managing Editor, InceConnect
The latest from Ingham Analytics A supplementary leverage ratio is Tier 1 capital for banks over total leverage exposure. In 2020, the US Federal Reserve gave American banks a temporary relief that is due to expire shortly. With government bond yields rising in the US, and global equity markets jittery, does this need to be extended or not? And if not, could it be a portend for a collapse in Treasury holdings by commercial banks? Top risk analyst Andrew Kinsey gives you the analytical lowdown in "Are more treasuries gonna get shaken loose?" And with GameStop reporting yet another poor set of results "Is GameStop a bathtub drain?" is timely. |