Visit our COVID-19 site for latest information regarding how we can support you. For up to date information about the pandemic visit www.sacoronavirus.co.za.

bs-regular
bs-extra-light
bs-light
bs-light
bs-cond-light-webfont
bs-medium
bs-bold
bs-black

Community


Share knowledge. Ask questions. Find answers.

Online Share Trading

Engage and learn about markets and trading online

INVESTEC PLC

Reply
Big_Bucks
Super Contributor
Now I'm convinced that Investec Plc was at ground floor... can't wait to see what happens after Bernankie speech and rate cut.
0 Kudos
5 REPLIES 5
Electrox
Super Contributor
I agree. Include Fsr, sbk , abl and asa there too.
0 Kudos
Not applicable
Where do expect these to go to if BB cuts rates and through his speech nullifies the chances or recession.
0 Kudos
Big_Bucks
Super Contributor
If only I knew....!!!
0 Kudos
JohnnyCash
Super Contributor
10% relief rally for local banks if BB cut rate by more than 50bps as well as soothing the R word-issue, even if just temporary. Investec have bigger problems. 1. UK Property market exposure, bought a subprimed lender at the worst time, heavily exposed to the fortunes of markets and in downturn performances fees come down, so slightly more to worry about. If it can just hang around these levels for 6 months it will start to offer great value.
0 Kudos
Wizard
Super Contributor
Too early...The primary trend is still down!
0 Kudos