Investec Share Discussion Threads

[a_game] 05/1/2021 22:35

Will be adding more if we remain at this level or go lower. Bargain here at the moment

[boozey] 05/1/2021 22:28

Huge discount to NAV - surely got to close the gap at some point.

[gwillerz78] 04/1/2021 13:01

Dividend received today and reinvested for more shares. Hopefully next dividend declared in May

[a_game] 04/1/2021 09:47

Added some more here this morning, averaging up. Great opportunity still to pick these up at a substantial discount. Looking at >10% yield too based on historical divs.

[saltaire111] 24/12/2020 16:56

Bit of momentum in the price. Merry Christmas all. Salty

[mo123] 23/12/2020 14:40

A trade deal between Britain and the European Union is imminent and could be agreed as early as this evening, a senior EU diplomat said.

[saltaire111] 16/12/2020 19:10

@Boozey, thanks. Good to be here. Bought £20k @ £1.89 and will buy more next month. I’m trying to be more disciplined in drip feeding into shares such as this where prices could still be bumpy for a while yet. But it looks too good to be true this one. The disconnect between the nav and the share price looks like a good opportunity to me. Salty.

[a_game] 16/12/2020 08:14

I've added some more here over the past few days. Looks primed to move up strongly. Big discount to NAV. I very much appreciated the healthy dividend the other day!

[boozey] 10/12/2020 22:01

Hi Salty good to see you here. I agree I can't work out why there is such a discount to NAV here - especially as other investment trusts have recovered so much. A reduced dividend and the South African connection may be to do with it. Either way I am a long term holder.

[saltaire111] 10/12/2020 16:28

Thanks cjd, didn’t spot it was ex-d today. Just don’t really understand with a NAV of over four quid why this is in the doldrums. Appreciate the noise about Europe but looking at the half year results - I can see that profit is down but that’s clearly Covid related. Now that markets are in recovery mode, the second half should be pretty good. It looks under-valued to me.

[cjd190573] 10/12/2020 16:13

Hi Salty, This went 'ex' today, so 5.5p will have disappeared from yesterday's closing price. On the face of it, down a further seven points at time of writing, banks and ftse 250 have seen a bit of a sell off today - not surprising, so not really too bad all things considering. Huge patience required for further recovery, enjoy the dividend and slow return to normality.

[saltaire111] 10/12/2020 15:36

Getting hammered. Not sure why this hasn’t recovered following the Covid endured meltdown in April. Salty

[mo123] 02/12/2020 11:20

Investec said, that the downgrades are expected to have an immaterial impact on its risk weighted assets as well as on its regulatory capital. The downgrade did not affect Investec PLC, which is listed on the London Stock Exchange, which houses Investec's non-Southern African operations.

[minsky] 02/12/2020 10:56

A big chunk of the gap is N91.

[boozey] 01/12/2020 21:56

Didn't have much impact, but a long way to go to pre-covid levels.

[cassini] 01/12/2020 18:19

Credit rating downgraded by Fitch from BB to BB-.

[sr2day] 19/11/2020 13:12

back to 140p in the next few weeks.

[porsche1945] 12/11/2020 12:30

@candid Good points on UK, dire for investing, brexit/covid basket case, capital destructive growth less dying dividend stocks. Stick to S&P and EM developed. Ftse. 350 like U.K. in general, best days long gone, tories a disaster.

[porsche1945] 12/11/2020 12:20

@candid Good points on UK, dire for investing, brexit/covid basket case, capital destructive growth less dying dividend stocks. Stick to S&P and EM developed. Ftse. 350 like U.K. in general, best days long gone, tories a disaster.

[sbb1x] 10/11/2020 08:07

Gap to fill 153

[sbb1x] 09/11/2020 08:16

Finally Broke thought that 154

[sbb1x] 05/11/2020 15:35

Building nicely here

[sbb1x] 28/10/2020 10:54

Grabbed a few

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

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 10:05

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.