Investec Share Discussion Threads

[candid investor] 16/10/2020 17:20

Haha..I know exactly what you mean..I think though that when jnterest rates are heading into negative territory...and when the current outlook is totally unknown it's probably better to stay in cash.. The thing I have learned about shares also, is that if you can be patient enough, a share price will come back again to an entry point you are hoping for...my problem is that patience has never been a virtue that I have ever possessed

[minsky] 16/10/2020 11:05

I think I will invest in a nice new mattress to stuff what's left of my liquidated assets under. Definitely don't look to me for investment wisdom. The irony is the winners (Apple, Alphabet, Amazon etc) go from strength to strength yet I avoided them thinking they were massively overvalued.

[candid investor] 15/10/2020 21:15

Blimey Minsky..if I was thinking of committing suicide before reading your post, I wouldn't be changing my mind afterwards.!!..actually joking apart...I agree totally with everything you say plus I would add a couple more...the government are almost maxed out on their credit card with actions they have already taken thus far..not much left to combat the second wave...then of course the deficits have to be repaid in the future..think massive tax hikes combined with huge expenditure cuts, when the virus has been defeated....no such thing as a free lunch..Going back to Investec, they have already pointed to significantly lower profits, also I am not sure how the earlier de-merger will affect their future returns and any future share price growth ..I was trying to make a quick in out stealth trade, I wasn't successful so I cut my losses and exited last night...I can't help thinking the UK market in general now fits the 'dogs' category (even excluding Brexit)..most FTSE 350 shares are dull and boring...very few genuine growth stocks and the ones that are are quickly gobbled up by overseas usually Chinese or American companies...my core holdings are now rooted in global equities and specifically Lindsell Train and Fundsmith which offer geographical and (stock selection) diversification ..and in my view are much safer than the FTSE..which I exited in full yesterday.. what else are you invested in ?

[minsky] 14/10/2020 11:57

Candid: Strong chance of socialist government in US (or what Americans call socialism) US stimulus deferred until after election dispute shenanigans Brexit Potential negative interest rates Pandemic back to square one Two vaccine trials suspended - maybe no vaccine until July next year Impending economic depression Who knows what is happening in South Africa Chances of dividend being restored even next year fading US markets at very high valuations - worry of bubble bursting with knock-on to FTSE come to think of it, why am I in shares at all?

[candid investor] 13/10/2020 21:21

What the hell is happening to the share price now ?

[cassini] 07/10/2020 11:14

The insurers as a group seem to have bounced. Plus other stuff.

[nemesis6] 07/10/2020 10:46

yes-they are soo undervalued its ridiculous

[goonermiller] 06/10/2020 16:58

8 days of consecutive increasing price change. Any reason?

[cassini] 02/10/2020 20:24

The recent dip seemed to affect various insurance companies - like L&G, M&G, SLA, AV. etc. Not saying INVP isn't a basket case, just that it got caught up in a wider market downturn the last week or two.

[dennisbergkamp] 18/9/2020 08:31

#dodgedabullet D

[scepticalinvestor] 18/9/2020 08:13

dire results - couldn't believe how bad they turned out to beNAV ps is pretty meaningless....

[dennisbergkamp] 17/9/2020 21:28

I was also thinking about jumping on before I realised that N91 had been spun out. Think I'd rather wait for direction tomorrow GLA D

[scepticalinvestor] 17/9/2020 18:41

anyone there?Managed to get in at 136Lets see what tomorrow brings

[scepticalinvestor] 17/9/2020 14:43

looks a little undervalued - decided to take a punt on these in advance of the results tomorrow.

[its the oxman] 28/8/2020 17:31

Even with the divestment of N91 this has been a very poor investment, mitigated for me by some profitable sales along the way. It should be a buy given its so cheap and I certainly can't bring myself to sell out completely at these levels, but the banking sector remains as out of favour (with orders not to pay divs etc ) , as the fang stocks are in.

[bamboo2] 27/8/2020 09:11

minsky, Thanks for the post. One line says all you need to know!

[minsky] 26/8/2020 16:49

They did split a few months ago - new offshoot is N91 - up over 40% since mid-March. INVP down 20% over same time period.

[bamboo2] 26/8/2020 10:36

Hi Oxman, You've held here on and off for a long time. What's your take on the price action? Obviously this is tightly linked to ZAR. Did the co get split in two at some point as planned? [I've been lazy, and not checked the news tab yet] If this has happened, has the loss of the investment side caused the fall?

[nemesis6] 26/8/2020 10:23

Yes Dennis....i find it hard to dislike boris tbh....but this govt is a shambles and one with starmer would have had much broader appeal. Still if things keep going like this there may not be long to wait.

[minsky] 26/8/2020 09:49

This needs viagra

[dennisbergkamp] 21/8/2020 10:16

With you Nemesis. SKS looks the man for the job, always was a fan and super glad when he won the leadership contest. Just have to wait to see what is left of the country when we next go to the polls D

[nemesis6] 21/8/2020 09:35

Why the hell did labour persist with Corbyn for so long.?..if they had got their act together we might have had someone else rather than the same ole tories

[dennisbergkamp] 20/8/2020 14:05

Deaths declared as covid related have changed based on the 28 day rule... Soo, if you die after 28 days of testing positive for covid, it won't be counted. Ridiculous based on how long hospitalisations have been. Alongside killing off PHE. Guess no surprise if you look at how jobless numbers were changed under the blues too. It's total BS and changing the reported death numbers is the most abhorent kind of massaging of figures IMO, D

[stpalm] 20/8/2020 13:35

Or a political party