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Share Name Share Symbol Market Type Share ISIN Share Description
Investec Plc LSE:INVP London Ordinary Share GB00B17BBQ50 ORD GBP0.0002
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -6.65 -3.29% 195.75 195.00 195.30 201.30 194.30 200.00 2,119,304 16:35:23
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 2,698.4 310.5 115.3 1.7 1,363

Investec Share Discussion Threads

Showing 276 to 299 of 600 messages
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DateSubjectAuthorDiscuss
12/4/2014
09:16
Potentially 495 looks like good point to add. Has lost sideways range. Still waiting to add.
bamboo2
12/4/2014
08:37
Http://www.fundweb.co.uk/news-and-analysis/advisers/investecs-australian-sale-could-boost-uk-business/2009124.article Investec has announced the sale of its Australian business to the Bank of Queensland for A$210m (£117m), a move which brokers predict could boost its UK wealth management arm. Numis Securities says the sale is twice the book value of the Australian business and will boost Investec's equity tier 1 ratio by 11.5 per cent to 10.6 per cent. In February, Investec announced it was looking at the potential sale of its mortgage arm Kensington Mortgages. Numis suggest the improved capital ratio offered by the sale of Investec's Australian business means the Kensington disposal will lead to the generation of surplus capital. A Numis note says: "Investec will look to invest this capital in growing its business. Looking forwards we see a combination of a higher ROE with a stronger capital base. With significant demand for bank assets we expect the sale of Kensington to potentially materially boost Investec's core capital." The note goes on to say Numis would like to see more capital allocated to Investec's wealth business, which saw net inflows of £1bn in the six months to the end of 2013. "We believe the 35 per cent increase in profitability in the first half of the year (by far the best performance of any UK wealth manager of any note over the period) is the beginning not the end," the broker adds. "We would like to see more capital allocated to this very high value division and the disposal of Kensington could provide it."
bamboo2
11/4/2014
07:45
Disposal. Bank of Queensland has launched a $400 million acquisition offer of Investec Australia's specialist finance and leasing business. The bank is in a trading halt following the announcement until April 16. In a statement to the ASX, BoQ said it had launched an entitlement offer for the $2.4 billion loan portfolio, which includes Investec's asset finance and leasing business. "The acquisition provides BOQ with an opportunity to obtain a leading position in attractive specialist segments, delivering access to a client base consisting primarily of medical, dental and accounting professionals," BoQ chief executive Stuart Grimshaw said. "It also materially increases the size and footprint of our Business Bank, providing further diversification by geography and industry sector. It comes as BoQ reports a surge in cash earnings for the six months to February, despite strong competition and subdued growth in retail lending. Investec said following the sale it would cease to be an authorised deposit-taking institution, but would retain a ''significant business in Australia'' focusing on corporate banking and property funds management. The $2.4 billion professional finance portfolio includes its deposits, asset finance and lending businesses. It will expand the regional lender's reach outside of its home state. Bank of Queensland reported a net profit of $134.7 million – up 34 per cent from a year earlier. Cash earnings rose 17 per cent to $140.2 million, a record half-year result for the bank. Retail lending remained flat over the half as the bank ''chose to focus on quality and risk in a market where competitors are discounting heavily to achieve growth''. Meanwhile, Mr Grimshaw said he expected to see a return to more normal house price growth but warned policy changes would be ''critical'' in improving the bank's outlook. ''With the likelihood of a return to a more normal trend in house price growth, we expect business credit growth will be the main driver behind future credit growth,'' he said. ''However, there is a sense that micro-economic reform will be critical in providing further impetus to the economy.'' The bank issued an interim dividend of 32¢ a share, fully franked – up 4¢ from a year earlier. Investec said the professional finance business was being sold as a going concern with more than 310 workers transferring to BOQ. "The agreement with BOQ represents a significant opportunity for both the Professional Finance and Asset Finance & Leasing businesses as they pursue their next phase of growth," chief executive Ciaran Whelan. "We are in a good position to concentrate on what we do best within our specialist niches and to demonstrate our distinctive approach." Read more: hxxp://www.smh.com.au/business/banking-and-finance/bank-of-queensland-to-buy-investec-units-as-profit-surges-20140411-36h0l.html#ixzz2yYsdxUH3
bamboo2
08/4/2014
16:14
Wait if planning to add imo update Squeeze is on. Looks like this could pop to the upside.
bamboo2
04/4/2014
21:05
hi OXMAN, It's good to clear the 500 hurdle at the end of the week, makes our weekly chart look strong. Next week, a small pull back to re-test 500 may be in order, but this could be an intraday phenomenon. Then it's a case of onwards and upwards. Targets in earlier post. Now we've come this far and cleared the neckline of the long term inverse head and shoulders, it could be a good time to ADD, subject to a successful retest. I'll have a look at chart timescales over the weekend [edit, top target is 700 by the beginning of 2015.] when is the next set of results due?
bamboo2
04/4/2014
15:11
Through 500p. Next targets please. Financials generally doing well this past week. Next set of results will hopefully set this on fire and send it towards 600p.
its the oxman
02/4/2014
21:23
Looking strong into the end of the week. [daily candles]
bamboo2
31/3/2014
16:19
This should do very well, once its broken that price level. Looking into the fundamentals, there seem to be a number of potential catalysts. eg sale of mortgage co, efficiencies from re-org. etc.
bamboo2
31/3/2014
14:36
500p not that far away now
its the oxman
25/3/2014
11:46
Bought in here yesterday. 495 is first objective.
bamboo2
23/3/2014
00:25
Just had a quick look at the chart and think in the medium term 510 is too modest a target. I know nothing about the fundamentals or news that could drive the price. needs to break the neckline first.
bamboo2
22/3/2014
23:11
Yes going higher. And if we get some momentum who knows where it will stop. Been a sideways mover for quite a while so ready for a change.
its the oxman
21/3/2014
12:54
This looks like the start of something beautiful Hold on tight for the ride up to 510 :-)
pas100
07/2/2014
12:36
Recovered somewhat on back of what seems a more positive trading update than for sometime. Also possibility of Kensington sale which might go down well. Perhaps a few tentative signs of things looking. Time will tell.
its the oxman
29/1/2014
18:22
This is being hit by the devaluing rand....
tricky1992000
29/1/2014
18:19
Investec (LON:INVP) had its price target decreased by Numis Securities Ltd from GBX 550 ($9.06) to GBX 482 ($7.94) in a research note issued to investors on Tuesday, Analyst Ratings Network.com reports. The firm currently has a buy rating on the stock. Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase & Co. reiterated a neutral rating on shares of Investec in a research note to investors on Monday, January 20th. They now have a GBX 449.04 ($7.40) price target on the stock. Separately, analysts at Nplus1 Brewin raised their price target on shares of Investec from GBX 518 ($8.54) to GBX 550 ($9.06) in a research note to investors on Friday, November 22nd. They now have a buy rating on the stock. Finally, analysts at Canaccord Genuity reiterated a buy rating on shares of Investec in a research note to investors on Friday, November 22nd. They now have a GBX 490 ($8.07) price target on the stock. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company has a consensus rating of Buy and a consensus price target of GBX 470.52 ($7.75). Shares of Investec (LON:INVP) opened at 393.40 on Tuesday. Investec has a 52-week low of GBX 384.998 and a 52-week high of GBX 515.00. The stock has a 50-day moving average of GBX 425.1 and a 200-day moving average of GBX 426.6. The company's market cap is £3.418 billion. Investec plc is an international, specialist bank and asset manager that provides a diverse range of financial products and services to a select client base. hxxp://www.wkrb13.com/markets/254491/investec-price-target-cut-to-gbx-482-invp/
tricky1992000
02/1/2014
14:32
Also hoping to see 500p in 2014 not sure it will be in Jan though. That said once management signal a solid return to growth and raise dividend properly these will motor.
its the oxman
20/12/2013
18:00
Still holding and hoping we'll head towards 500p in Jan. US debt issue - fiscal cliff- res-surfaces in Feb so might be sensible to sell some around the end of Jan?
hyden
20/12/2013
13:46
Share price ex div and showing signs of life. Up to 430p today. Anyone else holding or got broker news on this one?
its the oxman
21/11/2013
08:18
Results solid and unspectacular and as expected given rand strength. Div kept at 8p.
its the oxman
23/9/2013
20:53
I'm tempted to add a few more myself. But I'm slightly worried that the impending fiscal cliff will see this touch June lows so I'll hold off a while yet.
hyden
23/9/2013
15:31
Added a few today. Getting close to 5% yield.
its the oxman
17/9/2013
07:38
Pre close briefing bit more downbeat than hoped but not unexpected given unhelpful exchange rate.
its the oxman
13/9/2013
06:59
hopefully another day up.
tricky1992000
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