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#21 Saints

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Posted 13 October 2014 - 12:58 PM

Despite founder selling some of his shares this one is still moving up to new highs and moving up significantly each day. Still cheap though and the majority of analysts calling a buy / hold on this share.

 


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#22 brendonfiddes

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Posted 03 October 2014 - 11:25 AM

Still looks cheap even after the recent rally- http://www.relativev....co.za/cpi.html


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#23 Saints

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Posted 03 October 2014 - 08:30 AM

An impressive close at R250 yesterday. Overall a good week for Capitec silencing the critics. At a PE is 13 this share is sitting very favourably at the moment.


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#24 gamma

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Posted 29 September 2014 - 10:47 PM

Impressive considering the environment

UNAUDITED FINANCIAL RESULTS FOR THE SIX MONTHS ENDED 31 AUGUST 2014
* Active clients: 5.8 million
* Headline earnings up 21% to R1.173 billion
* Headline earnings per share up 21% to 1 018 cents
* Interim dividend per share up 21% to 246 cents
* Return on equity: 25%
* Growth in net transaction fee income: 34%

:D


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Do not try and bend the market. That's impossible. Instead... only try to realize the truth. Then you'll see, that it is not the market that bends, it is only yourself.

#25 MrDividend

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Posted 29 September 2014 - 09:02 AM

UNAUDITED FINANCIAL RESULTS FOR THE SIX MONTHS ENDED 31 AUGUST 2014
* Active clients: 5.8 million
* Headline earnings up 21% to R1.173 billion
* Headline earnings per share up 21% to 1 018 cents
* Interim dividend per share up 21% to 246 cents
* Return on equity: 25%
* Growth in net transaction fee income: 34%

 

:D


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#26 JLFB

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Posted 04 September 2014 - 03:52 PM

Trading Statement out. Way to silence the critics. 8% up already and counting. In the money


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#27 MrDividend

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Posted 20 August 2014 - 11:05 AM

Capitec has lost around 7 percent in the last week since the downgrade news. Looks like a nice entry point into the share. What do you guys think?

 

I do own some wanted to add some more on Monday when the share hit R205 - was about to sell my 2 big looses - Imperial and Truworths - and buy more Capitec. But the last few times I sold, the shares jumped (afgri, steinhoff and a couple of others), so I held off.

 

grrrrrrr

 

But Capitec is nothing like Abil and I think a great share for the future esp as the dividend is starting to improve. I personally think the upcoming results are going to be ahead of expectations and I will add some more.


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#28 joker247

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Posted 20 August 2014 - 09:36 AM

Capitec has lost around 7 percent in the last week since the downgrade news. Looks like a nice entry point into the share. What do you guys think?


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#29 brendonfiddes

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Posted 25 July 2014 - 01:33 PM

Share does look cheap - http://www.relativev....co.za/cpi.html

 

Maybe one for the longer term. They have lots of room to expand still and they can supplement their current offering with many more additional products.


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#30 Saints

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Posted 25 July 2014 - 08:57 AM

Capitec hitting all time highs. Market pricing in the interim results due later this year or at a PE of 13 it is looking cheap
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#31 brendonfiddes

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Posted 15 April 2013 - 07:29 AM

Capitec is looking very cheap - P/E and P/NAV offering very good value.

A relative valuation exercise is at - https://sites.google...sasharingshares


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#32 Kasimir

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Posted 08 February 2013 - 02:27 PM

When the market sees one report .... the speculators jump on the wagon and short any similar share in sight.

The case against ABL looks rather flimsy ... all companies have bad staff. Is there more info they are not telling us. When did Abl get judgement if they are already responding. Has other banks got similar letters - and simply no disclosure yet ?

Shocking disclosure procedure by the regulator. Disclose price sensitive info on all at the same time, guys !!!! You are causing a fragile market. They should be the cure - not the cause
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#33 Randall Stevens

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Posted 08 February 2013 - 02:10 PM


African Bank ... check

Capitec ... you're next!

RS
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#34 boerboel

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Posted 07 February 2013 - 03:53 PM

Capitec has always been incredibly conservative in their forecast,henceforth Stassen' comments.

Capitec is now seen as a bank,not a microlender by a number of asset managers.


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#35 Saints

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Posted 07 February 2013 - 03:46 PM

As much as I respect your opinion to which you are perfectly entitled to it, I cannot see the share rising to thee levels and sustaining this rise. If you look at recent news articles quoting Riaan Staasen, the unsecured lending market is going to be under pressure this year and this type of news tends to spook investors and they react by selling.

On another note Capitec has Feb-28 as a year end so how can they issue a trading update?
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#36 boerboel

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Posted 07 February 2013 - 02:13 PM

stock will be over r230 before yearend

trading update due in the next 5 days
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#37 Saints

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Posted 06 February 2013 - 03:59 PM

I have been looking at the Capitec share price. Last year it peaked at R232 very briefly and since the rights offer has struggled to top R200 which is understandable due to the dilution effect of more shares added. However these are the same levels since mid 2011. I received shares in the PSG unbundling after its listing a while back and have participated in rights offers since but I am starting to conclude that the steep gain in share price is now over and that the price may have plateaued even with cash being raised for growth in the past rights offer. Is this the likely scenario for a while to come with this share R200 - R220 with a dividend yield over 2%? In that case the recomendation for Capitec is hold, even these 'low' levels do not present a buying opportunity.
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