Jump to content


Photo
- - - - -

Capitec


  • Please log in to reply
42 replies to this topic

#1 Lionelza1

Lionelza1

    Sage

  • Members
  • PipPipPipPipPipPip
  • 1,670 posts

Posted 20 March 2020 - 12:22 PM

Surely this is a dead cat bounce by Capitec? The threat of Covid related retrenchments on the unsecured book wont disappear until after we have seen the worst of Covid infections and stabilization in SA, surely?


Covid virus will cause problems as we have seen.

We haven't yet felt the impact of Covid in SA.... I fear the worse is yet to come.

I keep my money in my pocket.... Right next to my balls
  • 0

#2 Spell Jammer

Spell Jammer

    Member

  • Junior Member
  • PipPip
  • 95 posts

Posted 20 March 2020 - 11:54 AM

Surely this is a dead cat bounce by Capitec? The threat of Covid related retrenchments on the unsecured book wont disappear until after we have seen the worst of Covid infections and stabilization in SA, surely?


  • 0

#3 Spell Jammer

Spell Jammer

    Member

  • Junior Member
  • PipPip
  • 95 posts

Posted 19 March 2020 - 03:17 PM

Be careful. Down 30+% now almost recovered for the day. Feels like big fund managers manipulating the price back up to limit losses. My and only my OPINION.

Certain analysts still believe that there is an element of truth behind the Viceroy claims against Capitec. 


  • 0

#4 JR7800

JR7800

    Member

  • Members
  • PipPip
  • 144 posts

Posted 19 March 2020 - 01:00 PM

Be careful. Down 30+% now almost recovered for the day. Feels like big fund managers manipulating the price back up to limit losses. My and only my OPINION.


  • 0

#5 JR7800

JR7800

    Member

  • Members
  • PipPip
  • 144 posts

Posted 19 March 2020 - 10:39 AM

Once the banks start to sell the shares against which was borrowed it will go the same way as EOH and all the other companies when that happens. Massive volatility and shares can fall 50%+ a day up to where everything owed has been sold then it will slowly recover as the fundamentals of the company is still sound. At least in the short run. But that is only my 2c worth. No make that 1c in these market conditions.


  • 0

#6 Spell Jammer

Spell Jammer

    Member

  • Junior Member
  • PipPip
  • 95 posts

Posted 19 March 2020 - 09:55 AM

Capitec being absolutely hammered. Down 30% yesterday and 20% today. Will it ever hit those PE multiples again given the risks of its unsecured loan book? Coronavirus is humbling companies out there.


  • 0

#7 JK001

JK001

    Advanced Member

  • Members
  • PipPipPip
  • 328 posts

Posted 08 August 2019 - 06:28 PM

Huge volumes bought today

136 000 shares at about 11 am worth R 150 million (single transaction)


  • 0

#8 JK001

JK001

    Advanced Member

  • Members
  • PipPipPip
  • 328 posts

Posted 08 August 2019 - 05:50 PM

?????.....Any ideas...absolutely decimated last month....& no sign of reprieve in sight...Should of kept my short running... :(

Huge volumes bought today


  • 0

#9 soutie

soutie

    Sage

  • Senior Member
  • PipPipPipPipPipPip
  • 1,696 posts

Posted 01 August 2019 - 01:38 PM

?????.....Any ideas...absolutely decimated last month....& no sign of reprieve in sight...Should of kept my short running... :(


  • 0

Anyone need a heads up...!


#10 Saints

Saints

    Little Master

  • Senior Member
  • PipPipPipPip
  • 553 posts
  • LocationSandton

Posted 07 March 2019 - 02:09 PM

Why are we discussing SHP under the Capitec thread?

 

Wondering if Viceroy will re-emerge or have Capitec silenced them once and for all? Capitec share price back to record levels and not even the new banking revolution seems to be affecting them.


  • 0

#11 Midas1

Midas1

    Sage

  • Members
  • PipPipPipPipPipPip
  • 1,240 posts

Posted 21 February 2019 - 07:48 AM

Yes they've spent lot on that...they say with inflation shp will look better..one mans worry another's bonus hey..sic
  • 0

#12 new john

new john

    Member

  • Members
  • PipPip
  • 147 posts

Posted 21 February 2019 - 07:32 AM

Hi P, bought more shoprite equities today..maybe some don't agree but these are cheap cheap..i see nice upside...even my dcp looking ok,,,dawn the thorn in my fff side...but move on i

 

RE: SHP - half year results expected 26FEB. I can't imagine they're going to look too good considering the challenges they faced during the period. However, I'm sure the report will emphasize a return to form following the successful implementation of ERP systems. 


  • 0

#13 Polly

Polly

    The Oracle

  • Banned
  • PipPipPipPipPipPipPipPip
  • 2,401 posts

Posted 20 February 2019 - 07:18 PM

Hi P, bought more shoprite equities today..maybe some don't agree but these are cheap cheap..i see nice upside...even my dcp looking ok,,,dawn the thorn in my fff side...but move on i

Hi M..u seem to know what you doing now....keep it up and best of luck!!


  • 0

Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”


#14 Midas1

Midas1

    Sage

  • Members
  • PipPipPipPipPipPip
  • 1,240 posts

Posted 20 February 2019 - 07:09 PM

Hi P, bought more shoprite equities today..maybe some don't agree but these are cheap cheap..i see nice upside...even my dcp looking ok,,,dawn the thorn in my fff side...but move on i
  • 0

#15 Polly

Polly

    The Oracle

  • Banned
  • PipPipPipPipPipPipPipPip
  • 2,401 posts

Posted 20 February 2019 - 08:19 AM

If you own a business , cheapest credit card rate transactions for merchants...

 

Attracting lots of credit card merchant clients ..and they throw on free machine paper rolls.. :)


  • 0

Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”


#16 soutie

soutie

    Sage

  • Senior Member
  • PipPipPipPipPipPip
  • 1,696 posts

Posted 20 February 2019 - 08:10 AM

Earlier this month, Capitec Bank said it had experienced its “highest single-month uptake to date, with over 266 000 new clients joining the bank in January 2019”. Its recent run-rate has been an addition of over 100 000 net clients per month (not directly comparable to the January 2019 figure, as that is not net). For the six months to August 31, Capitec reported a 15% increase in active clients to 10.52 million. It will report annual results on March 28.

 

Cut & Paste from Moneyweb article.

These guys are killing their opposition in the bulk retail space. 


  • 0

Anyone need a heads up...!


#17 soutie

soutie

    Sage

  • Senior Member
  • PipPipPipPipPipPip
  • 1,696 posts

Posted 15 February 2019 - 03:15 PM

Above average volumes last 6 or so days & today pretty much double daily av....Some people know something maybe...Trading statement only due late April early May...Any other theories about...?


  • 0

Anyone need a heads up...!


#18 soutie

soutie

    Sage

  • Senior Member
  • PipPipPipPipPipPip
  • 1,696 posts

Posted 13 February 2019 - 11:48 AM

R1200 in the rear view mirror....

Bit early for a glass of Viceroy....I'll have a w@nk instead.... :P


Edited by soutie, 13 February 2019 - 11:49 AM.

  • 0

Anyone need a heads up...!


#19 Midas1

Midas1

    Sage

  • Members
  • PipPipPipPipPipPip
  • 1,240 posts

Posted 09 February 2019 - 10:33 AM

Good call
  • 0

#20 Polly

Polly

    The Oracle

  • Banned
  • PipPipPipPipPipPipPipPip
  • 2,401 posts

Posted 08 February 2019 - 10:14 AM

I only bought on the Viceroy scandal but the above is quite amusing....

Anyway looks like it might hit R1200 by month end.. :D

a R30.00 share to R1200.00

 

same with PSG....2008 crash about R15.00...today +R250.00


  • 0

Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”






Sponsored by Sharenet and VPSNine Linux VPS Hosting