Investec Share Discussion Threads

[nemesis6] 01/7/2021 09:11

It really should do...i got out of rr just broke even but lumbered with Vod (not too worried) SGC IAG and BP (again not to worried) with a sipp though i should be putting more in funds though. Keep turning a blind eye to the 11 quid and wretched stamp duty everytime you buy.

[arja] 01/7/2021 07:52

yes nemesis6 but banking stocks were in a short term uptrend on charts until about a
week ago and hoping it is just a correction . I trade VMUK quite a lot and rarely lets me down . INVP had a slight bounce late on yesterday and hoping it might get back to 3 quid again .

[mo123] 30/6/2021 11:13

Added a few more this morning. Good value on a 1 or 2 year basis.

[nemesis6] 30/6/2021 10:29

everything is getting battered especially financials and airlines....i want to get out but im prepared for a decent bounce to sniffing distance of £3. The nav is so low though mines in my sipp...(which isnt huge) but its still lost 5k in a week including vod rr and lloy. Weak as p1ss at the moment

[arja] 30/6/2021 09:05

seems that the party is over for INVP and I am sorry I kept a few . Might cut my loss today dam it !

[boozey] 25/6/2021 20:04

Thanks for the posts Mo! Great content.

[mo123] 24/6/2021 10:20

London- and Johannesburg-listed financial services firm Investec is betting that African free trade is on the cusp of becoming reality as it sets up a new trade-finance business in South Africa.

The business, launched earlier this month, aims to become fully operational within a year, Investec’s new head of institutional trade finance George Wilson tells The Africa Report from Johannesburg. He argues that trade finance accounts for up to 30% of African GDP growth.

Investec will be targeting companies, their banks and development agencies. The scale of Africa’s trade-financing needs means that Investec will not need to directly compete with incumbents such as Standard Bank and Mauritius Commercial Bank, Wilson says. “Africa needs more trade-finance capacity, not less. There’s more than enough unmet capacity.”

[mo123] 21/6/2021 10:28

Possible Davy bidder?

Investec and Irish Life are considering a joint bid for stockbrokers Davy, the Sunday Irish Times reports.

The newspaper says the pair have held talks about bidding in partnership for the brokerage. “If successful, the joint bid would probably lead to Davy being broken up with Irish Life taking control of its highly profitable wealth management division and Investec acquiring its capital markets business,” the paper says.

The bid would represent a genuine threat to Bank of Ireland’s ambitions to acquire Davy, which is expected to fetch more than €400 million.

[arja] 18/6/2021 09:09

mood in market is bearish again and INVP now slipping after a good start ! Hoping the US indices do not get the friday blues when they open at 2.30 pm !!

[arja] 18/6/2021 07:21

yes , not looking great but bearish mood yesterday has not helped . It is actually on chart support at 298 with 280 possible quite soon if it breaks it . Hopefully a better day in markets today and INVP will bounce a bit . nice weekend all and enjoy soccer and the rugby union on TV .

[hades1] 17/6/2021 15:18

What next?
Any idea of next support?

[arja] 11/6/2021 11:44

creeping up today but painfully slow and not sure it has bottomed yet but hoping so . nice weekend all

[arja] 08/6/2021 09:19

really weak today and tempted to cut my loss . cable actually weaker today but why is ZAR relevant please ?

[aleman] 07/6/2021 15:48

GBP up about 1% against ZAR since the open. That won't help. It's probably more exhange rates than change in share sentiment.

[arja] 07/6/2021 14:50

us indices roaring but INVP struggling today sadly ! looks like the consolidation will continue .

[arja] 07/6/2021 12:00

tried to breakout today but pulled back - hoping it will do better in afternoon if US indices do not tank .

[boozey] 05/6/2021 21:10

Thanks for posting that Mo. I see £3.50 in short order and then £4.00 by Christmas which is probably fair value - back at pre-pandemic prices.

[mo123] 05/6/2021 10:19

Will the RAND continue to rise on the commodity boom and an improved growth outlook?

The US government’s new $2.25 trillion infrastructure plan has pushed industrial metals to near-record highs, says Lukman Otunuga, senior research analyst at FXTM.

“Given that raw materials account for roughly one-third of South Africa’s exports, the local currency has the potential to extend gains,” Otunuga says.


In addition, independent analyst Johann Biermann believes the currency was bolstered by news from SA Revenue Service (SARS) that it collected R38 billion more in tax for the past year than Treasury estimated in February. Total net revenue collection for the year to March was R1.25 trillion – while 8% lower than in the previous year, much better than expected at the height of lockdown in 2020.

This is part of a more encouraging picture emerging about South Africa’s fiscal situation.

Government finances are looking far from healthy after being ravaged by the pandemic and years of state overspending. But it appears that many investors’ expectations for South Africa’s prospects have been too negative, says Old Mutual Investment Group chief economist Johann Els.

“South Africa is still not in the clear, and there’s a still a long way ahead, but the latest national budget looked much better than many expected,” Els said.

In addition, it looks as if the SA economy may also outperform expectations this year, with the IMF becoming the latest institution to upgrade its growth outlook for South Africa (from 2.8% to 3.1%).

[porsche1945] 27/5/2021 22:58

@boozey...yeah and I’m bang on every time am I not?? For those with a brain and who want to make proper money with USD protection, two great companies you can 2 to 3x your wife’s boyfriends money on, Enphase and Palantir. Pile in. I was telling all the muppets on Aston Martin to short it (can check thread) from 17 quid down, packet to made, and buy Tesla instead, got the sort of sxxt I’m getting from boozzy, they lost the lot, went to .40p, Tesla 700 pc profit.