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 Shares Traded Last Trade
  -1.40 -0.47% 296.30 2,810,027 16:35:09
Bid Price Offer Price High Price Low Price Open Price
296.70 297.00 308.10 293.20 308.10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 1,922.30 258.74 25.20 11.8 2,062
Last Trade Time Trade Type Trade Size Trade Price Currency
17:55:16 O 7,852 296.30 GBX

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Date Time Title Posts
18/6/202109:09Investec - Charts378
11/6/201413:50INVESTEC with charts and news214

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Investec (INVP) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-06-18 17:29:48296.307,85223,265.48O
2021-06-18 17:29:38296.3019,50657,796.28O
2021-06-18 16:55:17296.34251,124744,173.33O
2021-06-18 16:38:20297.284,28012,723.67O
2021-06-18 16:38:18296.309,13327,061.08O
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Investec (INVP) Top Chat Posts

Investec Daily Update: Investec Plc is listed in the General Financial sector of the London Stock Exchange with ticker INVP. The last closing price for Investec was 297.70p.
Investec Plc has a 4 week average price of 274.90p and a 12 week average price of 210.40p.
The 1 year high share price is 316.60p while the 1 year low share price is currently 126.10p.
There are currently 696,082,618 shares in issue and the average daily traded volume is 1,232,602 shares. The market capitalisation of Investec Plc is £2,062,492,797.13.
arja: 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: 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: All true but share price not responding. Not yet anyway.
boozey: Given the share price has gone up the best part of 50% in the last 6 weeks this morning's statement should come as no surprise. As always privileged people would have been in the know about this. For retail investors it is a case of picking up the crumbs unless you happen to be a long term holder which fortunately, for once, I am. Reference NAV those figures will be published tomorrow in the results, but even if there is no improvement in NAV from original guidance we are still 33% below the bottom end of the closing trading NAV guidance statement. Thus in summary the risk reward is favourable here. That said given the significant rise in the share price in recent weeks there may be a short term retrace. Investec was described last weekend by Investors Chronicle as one of their 12 ''dirt cheap'' stocks. On the basis of this morning's RNS one can see why. Note that yesterday N91 in which INVP has a 25% plus stake had positive results. The stars seem to be aligning well. Reasonable dividend too. Overall a good long-term buy & hold.
boozey: Yesterday Investors Chronicle published a list of 12 dirt cheap shares - Investec is number 8 on the list - this despite the fact the share price has increased nearly 50% in the last 6 weeks!
saltaire111: The size of the discount baffles me. Why is the market not recognising the value? What is holding back the recovery in the share price? I don’t get it at all. Yes, I’ve read their most recent report and accounts. Yes, I have a reasonable understanding of their structural risk. Yes I have a decent grasp of investing and 30 years’ experience in the market. But I just cannot see what the issue is here with such a massive discount to NAV. Anyone have any idea? Salty.
boozey: Cassini, with Asset management companies I simply look at the discount to NAV. In this respect from the interims in November: ''Growth in net asset value: At 30 September 2020, net asset value (NAV) per share increased by 4.6% to 433.5p (31 March 2020: 414.3p) and tangible NAV (TNAV) per share increased by 5.2% to 397.4p (31 March 2020: 377.6p).'' As far as N91 is concerned Investec has a 25% stake. The South African connection, as you suggest, is in my view the main reason for the stagnation in the share price. This still exists but the situation there is improving which is in turn helping the share price.
cassini: I don't know that £4 is fair value as Investec spun off N91 in about March 2020 - right in the middle of the waterfall cascade in price caused by COVID. That is why there's no 'step' in the share price at that time - it is masked by the pandemic fall. The best I've been able to find out is that N91 was about a third of the value of the old Investec - something like that anyway. So, not so much upside as everyone thinks. Yes, the market-to-book ratio is cheap but that may be something to do with the South African geopolitical risk, which hasn't gone away. If we assume 500p as the average price of the old Investec, two-thirds of that is 330p. A very rough and ready calculation I know, if anyone has any better info I'd love to hear it.
xamf: This may have already been discussed.. Looking at the first half results (to 30 Sept'20) their earnings/share are 11p. They reckon that the second half will be better. Let's assume full year EPS is 23p. That puts the current share price on a PE of 8.82. Surely this is a no brainer. Even on a conservative PE of say 11, the share price would be 253. That's 25% growth from here plus a healthy dividend along the way. It's also reassuring to note that their tangible net asset per share value increased 5.2% to 397p. I'd be nervous if profits were expected to fall but here again future earnings show decent growth over the next 3 years. I am not trying to ramp this - just stating what I can see. This has only recently come under my radar. For all those who know this stock better than me am I missing something here?
mo123: Cheers zulu. Actually, it was others pointing out the deep discount in the share price to book value that caught my attention. Good luck if you (and others) are holding on till finals in May. The company did say that the second half would be better than the first but that was before the SA variant of CV appeared. Would expect to see a much improved outlook for the co. in 21-2022 with both countries opening up for the recovery trade. If the rise in the share price continues into next week we could see momentum traders come in and push it a fair bit higher, well hopefully. CAPE TOWN – South Africa has secured 9 million doses of the J&J vaccine, with the first consignment of 80,000 vials expected to arrive in the country next week.
Investec share price data is direct from the London Stock Exchange
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