Investec Share Discussion Threads

[skinny] 17/10/2024 12:30

davethehorse, yes I am.

I'm still dithering over where to reinvest my EBOX money - currently watching,

TFIF
CLI
SERE (add)

[petewy] 08/10/2024 16:32

I'm in. Taken me long enough. Hoping for a safe haven

[davethehorse] 20/9/2024 09:01

Are you still holding Skinny?

[skinny] 28/8/2024 10:06

Sorry, I missed you previous post - no, nothing in particular currently and I have to admit to not selling any here as yet!

[davethehorse] 28/8/2024 09:51

Did you slice pre ex div?

[davethehorse] 20/8/2024 08:05

Will keep an eye on those....any others your looking to buy/add to?

[skinny] 19/8/2024 14:56

I'm looking at a @20% haircut and will add to RECI, SHED, HFEL or similar - smaller holdings, but larger yields.

As I say - decisions, decisions.

[davethehorse] 19/8/2024 14:52

Must be tempting but let the chart tell you I suppose...

[skinny] 19/8/2024 13:48

Ironically, I've been mulling selling a few as they are +100%.

Decisions, decisions.

[davethehorse] 19/8/2024 13:42

Fancy Investec could really kick on from here for the remainder of 2024 into 2025, 700p target price for me with great divis while we wait ;-)

[davethehorse] 16/8/2024 08:15

Have taken a position here....Director buying a big positive and ex div for 3.2 percent next week...;-)

[skinny] 01/7/2024 10:49

FWIW :- Berenberg raises Investec price target to 660 (540) pence - 'buy'

[t-trader] 23/5/2024 06:43

Decent results and increase in final dividend to 19.0p from 17.5p (2023)

[kakabhinda] 04/5/2024 19:40

Looks like all systems are ready for a slow and steady trajectory to 700

[davebowler] 08/11/2023 16:21

We are pleased to advise that the guidance has been updated as follows:


1H2024 range 1H2023
Adjusted EPS
- p 38.0 to 39.0 32.9
-------------- -------
Basic EPS
- p 69.0 to 70.0 50.6
-------------- -------
HEPS - p 36.5 to 37.5 32.0
-------------- -------

[kalai1] 22/9/2023 13:21

Investec plc issued a pre-close Trading Update for the interim period ending 30 September 2023 this morning. The combination of Investec Wealth & Investment UK with the Rathbones Group has completed. For the six months ending 30 September 2023, the Group expects Adjusted earnings per share between 35.5p and 37.5p (8.0% to 14.0% ahead of prior period) on Adjusted operating profit before tax between £428.7 million and £449.6 million, with ROE to be around the mid-point of the Group's target range of 12% to 16%. Valuation is attractive with forward PE ratio at 6.5x in the top quintile for the IB&IS sector. The Group remains well capitalised with strong liquidity. The share price lacks near term momentum, but remains in a longer run uptrend which should extend in coming years. INVP is one for the long run. BUY...

...from WealthOracle

[netcurtains] 22/6/2023 09:15

I think some people assume high interests are bad for banks, but in fact, provided
we dont go into a steep recession, its a self evident truth that high interest rates
are good for banks. That is how they make their money. 😀

[netcurtains] 06/6/2023 09:24

Interesting Investec, over the past few days, has been buying shares.

[netcurtains] 24/5/2023 15:28

just bought a couple
Seemed a good day to buy stuff.

[skinny] 04/4/2023 06:05

Key Highlights

The Boards of Rathbones and Investec Group believe that the Combination will unlock significant scale benefits through the creation of the UK's leading discretionary wealth manager with approximately GBP100 billion of FUMA.

In particular, the Boards of Rathbones and Investec Group believe the Combination will:

-- enhance the client proposition across investment management, financial planning, fund management and banking services;

-- create a leading multi-channel distribution capability across private clients, intermediaries and charities, through an expanded network across 23 locations in the UK and Channel Islands;

-- attract and retain the best industry talent through a leading employee proposition;
-- leverage Rathbones' investment in technology and operating model to deliver an optimal client experience whilst improving operating efficiency across the larger combined business;

-- deliver significant value creation through the strong fit between the two operating models, with target annual run-rate cash synergies of at least GBP60 million, driven primarily by cost savings as well as higher net interest income;

-- support the Enlarged Rathbones Group in maintaining a resilient capital position, progressive dividend policy and continued strategic investment; and

-- establish a long-term, strategic partnership between the Enlarged Rathbones Group and Investec Group to leverage attractive collaboration opportunities.