Investec Share Discussion Threads

[netcurtains] 09/3/2022 13:04

Definitely beating the average bounce back.

Does anyone suggest a reason?

[mo123] 09/3/2022 10:37

Streuth - Got stopped out around 395 to protect a healthy profit. Should have bought them all back at 380. What a buffoon.

[mo123] 25/2/2022 12:15

Hi Boozey. I was going to buy some trading shares here yesterday,on a short term basis, but it seemed a bit perverse to try and profit from other peoples miseries.

Going well today though, hopefully we've seen the low point.

[boozey] 21/2/2022 12:09

Mo, INVP are part of the FTSE 250 which has been in reverse for a few weeks so I sense it is just tracking the index. A firm hold for me here.

[mo123] 21/2/2022 09:11

The precise number of shares to be distributed to each shareholder will be confirmed in a separate announcement, say March 18.
Still reckon thats around 93M shares, which gives a great return. Can't figure out why anyone would sell at this price.
Dir's have been piling into N91, so shares look like a solid hold or a quick cap gain.
Sell the news I suppose.

[netcurtains] 11/2/2022 15:30

Of the 25 FTSE250 FTSE100 companies in the sector "investment banks" - INVESTEC has
the second-best NAV as a percentage of Market Cap (eg it's second cheapest).



(press both the exclude buttons then press the A-L/M header)

[netcurtains] 10/2/2022 08:05

That is a nice opening price

[mo123] 08/2/2022 13:42

I see the Dirs of N91 are still buying shares.
INVP workers in SA return to their offices this week because of a big fall in covid numbers.
Surely can't be too long before we hear about the sale of the above shares?

[yump] 07/2/2022 17:33

The interest rate hikes / potential seems to have added another following wind.

[skinny] 07/2/2022 15:33

New 20+ month high @457.40p.

[mo123] 01/2/2022 15:38

Real estate sector of the business appears to be doing well.

[mo123] 01/2/2022 10:44

Examples of the basics to get started.



Should have added that for every .25% (25 basis points) rise in int rates, the net int margin (NIM), will in general, increase by around 6 basis points.

[cassini] 01/2/2022 10:38

Financials (banks etc) benefit from higher rates. More profit.

Not sure why, maybe they get a bit more margin.

[gclark] 01/2/2022 10:18

Why are interest rates going up good for Investec?

[mo123] 27/1/2022 13:55

JOHANNESBURG, Jan 27th - The South African Reserve Bank has raised its repo rate by 25 basis points to 4.00%.
Just need the BOE to raise their int rates now. Lovely jubbly!

Going by the 2 year gilt sell off. Mkts pricing in 3-4 int rate rises this year by the BOE.

[boozey] 26/1/2022 18:10

Good recovery over the past couple of days. I don't hold N91 but of course take an interest given the Investec stake in it!

[mo123] 26/1/2022 14:49

Ninety One PLC - South Africa and UK-based money manager - Forty Two Point Two, a company associated with both Chief Executive Officer Hendrik du Toit and Chief Financial Officer Kim McFarland, buys 2.3 million shares in Ninety One PLC, mostly at GBP2.60, worth about GBP6 million, about ZAR122.7 million, on Monday and Tuesday.

Investec's eventual remaining 10% stake in N91 should continue to do well, giving the above Dir's buys this week. Not often you see Dirs buying £6M worth of shares.

[mo123] 21/1/2022 09:23

Morning Boozey

Just read the N91 short report. Good to see them continuing to attract investment, AUM up 10% from a year ago

Mkt should stabilise once we are passed peak scary inflation figures in a couple of months.

[boozey] 20/1/2022 15:16

Still been a fantastic performer for us hasn't it whichever way you look at it?

[mo123] 18/1/2022 11:40

MM's like to mess around with this one in times of increased volatility.
Forecast EPS is unchanged at 49-50p for the year ending March 31.

[nemesis6] 18/1/2022 11:04

nasty little pull back???

[netcurtains] 10/1/2022 16:10

well I knew me coming here would put the kybosh on it!

[netcurtains] 10/1/2022 08:36

Investec 4.4% dividend yield and market cap worth loads less than its NAV and it makes a
decent profit and PE ratio of just 10.5%. Sounds good to me.