Investec Share Discussion Threads

[its the oxman] 03/4/2007 08:45

breaking to new highs

[its the oxman] 31/1/2007 10:02

bought a few more today c.625p on current pull back - still hoping for 700p before long.

[its the oxman] 02/1/2007 14:42

still going up - 700p soon and still cheap

[bruce meinhoff] 21/12/2006 10:43

Any news anyone?

[23wizard] 14/12/2006 10:32

Interesting that this seems to lift when the American markets open. With the rumours of Bank of America taking out Barclays is it possible this is affecting it, also from previous posts it seems unlikely that Barclays would be allowed to take out Investec but would this change if B of A were in charge. American influence and all that or have I got the wrong end of the stick

[a1samu] 30/11/2006 11:04

On the 21 November 2006 Goldman Sachs calls shares buy with a targer price of 755p.

[a1samu] 23/11/2006 11:55

According to an RSN report release by the company today, the number of shares in issue as of now are:
PLC.............................378,999,372
Limited.........................227,671,420
Total...........................606,670,792
MC at £6.08 equals. £3,688,558,415

[smccartney] 21/11/2006 20:12

Well what are Barclays up to, they appear to be buying INVP shares?
Maybe it's a BSKYB thing, don't want to takeover but don't want anyone else to either :)

[its the oxman] 15/11/2006 09:38

thanks, prob right re barclays but others must find them attractive as well - anyway for now the start of a new uptrend seems to be taking shape so i guess its a case of sit back and enjoy the ride

[chairman2] 14/11/2006 17:27

Barclays bought ABSA

IN SA govt would no way allow the #3 and #5 bank to merge

imho

[chairman2] 14/11/2006 17:27

Barclays bought ABSA

IN SA govt would no way allow the #3 and #5 bank to merge

imho

[chairman2] 14/11/2006 17:27

Barclays bought ABSA

IN SA govt would no way allow the #3 and #5 bank to merge

imho

[its the oxman] 14/11/2006 16:37

also are they not a possible bid target for the likes of barclays? - please correct me if i am wrong on this but i thought it was in the papers at one point - not that the hope of a bid is why you'd buy investec anyway given its growth to date but such a possibility never hurts.

[bigbobjoylove] 13/11/2006 11:49

lookin good for a run back towards 650p,tipped in m.o.s.

[chairman2] 09/11/2006 01:04

Investec is a very special company

a bit of a one-off

even in SA they stand out from the crowd - smaller and therefore less
exposed to the economy.

To follow them you really need to follow the Kossoff's - this is
very much a family business, and the family are very driven competitive
and determined to succeed.

the UK bus is the riskier in my view - very hard to see
how they pull off the trick in a commoditised market lke
Treasury

[peach] 08/11/2006 22:05

Investec must be doing something right to get H1 results up by more than 30% when more than 60% of profits are sourced from South Africa and the Rand is down almost 30% in the same period. Not sure if the company has hedged very effectively or not (the accounts are vague on this) - but what would profits have been if the Rand was flat?!

The fundamentals in ADVFN are wrong as the company reports combined numbers from the UK and SA entities but ADVFN have the shares outstanding for just the UK entity. I get a PE of around 14 historic which gives a forward PE of 11 If they can keep up the momentum in H2. Even if they don't it still looks cheap given the likely medium term growth rate.

Apparently the Treasury and Specialist finance division is doing well in the UK. A lot of risk comes from the investment banking division which could be lumpy in any one year. There is also the fact the the principal markets (SA, UK and Australia) have perhaps overvalued housing markets and there could be knock on effects to the typical Investec customers if there's a prolonged housing market slump.

However, the shares look cheap given the valuation, growth rate and near term business momentum. I also like the entrepreneurial culture which the company appears to have.

I understand the next world cup is in SA (2010?). Surely a positive for SA business?

Any views?

[its the oxman] 05/11/2006 22:38

600p soon surely

[cambium] 03/11/2006 15:30

Investec also put in a stellar performance, up 15 pence at 554, after the
broking firm released an upbeat trading statement.
Investec said all of its business units enjoyed a "strong performance" in
the first half, and expects earnings to be 34-40 pct higher than in the first
half of last year.
In response, Bridgewell Securities reiterated its 'buy' advice and said it
continues to believe the stock is fundamentally undervalued.

[cambium] 03/11/2006 13:23

Investec 555-1/2 up 16-1/2
Bullish update; bid speculation; Bridgewell 'buy' 0

[chairman2] 31/10/2006 15:38

Share has been goin no where for 6 months

signs of life??

[bruce meinhoff] 31/10/2006 15:17

Anyone here? The share price is very strong today

[its the oxman] 04/9/2006 09:38

5 for 1 share split today

[its the oxman] 04/9/2006 09:38

5 for 1 share split today

[call-logger] 21/8/2006 20:21

Edit: oops

[its the oxman] 21/8/2006 15:28

shares look to be on 11x falling to 10x in year 2. any broker note/price target information anyone? very quiet board this one.