Highlights of the day: 1 August

FinMeUp highlights of the day

South Africa

MTN Group Limited- Trading statement for the six-month period ended 30 June 2022

• MTN expects an EPS between 437 cents and 451 cents, representing an increase of between 195% and 205%.
• MTN expects a HEPS of between 542 cents and 581 cents, representing an increase of between 40% and 50%.

Thungela Resources Limited- Trading Statement for the six months ended 30 June 2022

• Thungela expects an EPS of between R66.85 and R67.45 compared to an EPS of R3.13 for the six months ended 30 June 2021.
• Thungela expects a HEPS of between R66.85 and R67.45 compared to a HEPS of R3.05 for the six months ended 30 June 2021.

Kaap Agri Limited

• The acquisition of Peg Retail Holdings was successfully implemented on 29 July 2022.

The U.S.

Nio

• Nio delivered 10,052 vehicles in June 2022 up 26.7% YoY but down 22.4% MoM.

PepsiCo

• Celsius and Pepsi have announced a new long-term strategic distribution arrangement for Pepsi to begin distributing Celisus' drinks.
• As part of the deal, Pepsi will invest $550M into Celsius for convertible preferred stock.
• Shares were priced at $75 per share, or ~7.33M shares, equating to ~8.5% ownership in Celsius on an as-converted basis. 
• The preferred shares are entitled to a 5% annual dividend.

Biggest winners and losers

JSE

• MTN +2.36%
• Kumba -5.21%

U.S

• VeriSign +3.63%
• Electronic Arts -1.46%

Crypto

• Bitcoin -1.4%
• Ethereum -1.9%
• BNB -1.3%