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#1 Investment novice

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Posted Today, 05:41 PM

Shares down 8% today.... Is something other than nhi driving the price down... Perhaps it's reforms limiting revenue... Perhaps it's something else.... We will find out eventually

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#2 Investment novice

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Posted 15 August 2019 - 05:27 PM

Speaking to a broker today, concerned that brokerage fees will be lost and discovery will lose their greatest marketing channel.
Also indicated discovery administrator bills discovery scheme almost 250% more than what gems pays their administrator.
Even if nhi does not happen.... Discovery in for loss in revenue and the bad exposure on some of their actions may further impact price... None confirmed but inauramce brokers usually have the inside track, especially now that they will lose all the fringe benefits

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#3 Investment novice

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Posted 14 August 2019 - 10:58 AM

Absolutely. And they have been managing this risk since 2010 odd... The guys on top are clever... Moved alot of their money out of the country and arbitrage share holding.. That's why I am worried that the smart guys will have margin calls and the share price will take a further hammer ring...
Great share, clever entrepreneurs

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#4 soutie

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Posted 14 August 2019 - 07:49 AM

My guess the market will start to go into their other businesses in finer detail arrive at a figure for those & apportion the SA discount to their SA business thus the new price range.

Once SA business is ring fenced market settles down...Plenty of examples Anglo American & Billiton being the largest I recall & Goldfields the most recent..!

 

These guys at the top have serious skin in the game & are very clever peops who can ply their trade elsewhere maybe they go the Old Mutual route & relocate head office split the business & adios...

The Adrian Gore's of the world don't rest 


Edited by soutie, 14 August 2019 - 07:52 AM.

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#5 Investment novice

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Posted 13 August 2019 - 05:51 PM

Whether nhi is a reality or not is not the issue...
The real question would be the middle ground that discovery and medical aids will have to achieve.
Which would reduce membership of private insurance and any other business would be at a significantly lower costs than currently achieved.
The financial impact is massive to moderate and the market is pricing this in. The market is inflated and all stakeholders will see fat trimmed.

The market has valid concerns and the share will bottom and get a new base.

Issues on banking and foreign dumping may also contribute as well as possible margin calls. Guessing here.
I like the company and would buy especially at the right price.. Hopefully it reached r75 or lower... But if not will get on the turnaround especially under r105

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#6 Investment novice

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Posted 13 August 2019 - 04:25 PM

Wonder how many margin calls will be induced by this

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#7 soutie

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Posted 13 August 2019 - 08:57 AM

Market is being irrational, NHI is not going to happen, full stop. 

 

+1

But Mr Market knows when to buy in I don't....Sidelines till then as this could go waaaaaaay lower purely on fear & short selling the rumour..


Edited by soutie, 13 August 2019 - 08:58 AM.

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#8 SB45

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Posted 13 August 2019 - 08:54 AM

Nhi definately has an impact here, but foreigners dumping sa stock and where they may have held onto this share now have more than one reason to sell.
Analysts had this as a majority sell for sometime.

NHI is an Eskom on steroids....

I wonder if this share would hit lows seen prior to 2014....anything is possible... Will definately buy this share at r40


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Market is being irrational, NHI is not going to happen, full stop. 


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#9 Investment novice

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Posted 12 August 2019 - 09:13 PM

Nhi definately has an impact here, but foreigners dumping sa stock and where they may have held onto this share now have more than one reason to sell.
Analysts had this as a majority sell for sometime.

NHI is an Eskom on steroids....

I wonder if this share would hit lows seen prior to 2014....anything is possible... Will definately buy this share at r40


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#10 Midas1

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Posted 12 August 2019 - 08:33 PM

Pretty sure this is a reaction to government healthcare proposal for future...although 2026...well that's my take
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#11 Shi

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Posted 12 August 2019 - 08:24 PM

Big drop today, what's happening here?


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#12 Shi

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Posted 13 March 2015 - 09:59 PM

Some put the post rights issue price at 120 come Monday.

 

So, the N share will then trade around 30 bucks.


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“One day Alice came to a fork in the road and saw a Cheshire cat in a tree. Which road do I take? she asked. Where do you want to go? was his response. I don't know, Alice answered. Then, said the cat, it doesn't matter.” - Lewis Carroll

#13 dominant

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Posted 06 March 2015 - 06:22 AM

Do you expect the fire claims to be material?


Thought it may be, although since it's more or less under control, probably not. Some houses that were in danger are valued and insured for more than R50m per house. But then again, Discovery insure is surely quite small compared to the likes if Santam and Zurich in that arena.
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#14 gamma

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Posted 05 March 2015 - 08:09 PM

Unsure why this is going up - claims will start piling in soon with these fires in Cape Town.

 

Once that's priced in, perhaps a good time to get in.

 

Do you expect the fire claims to be material?


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#15 delta66

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Posted 04 March 2015 - 01:10 PM

perhaps div on 16th providing underlying strength<unsure :ph34r: >  in any event have order @11000 which may/may not hit post div


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#16 dominant

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Posted 04 March 2015 - 10:21 AM

Unsure why this is going up - claims will start piling in soon with these fires in Cape Town.

 

Once that's priced in, perhaps a good time to get in.


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#17 UpAnDdOwN

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Posted 01 September 2014 - 11:16 AM

what is going on here? they released a strong trading update and have been struggling since.


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#18 WINH

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Posted 19 February 2014 - 05:47 PM

Betting on DSY to do well this year, even the HOT STOXX guys have picked it for today's trade.  These guys are good, judging by their portfolio's performance. I got in a while back, was thinking to ride this half's momentum and then drop it, might reconsider now.

 

Anyways, let's see what the results tomorrow do to the share!


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#19 fosch

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Posted 11 October 2013 - 03:39 PM

Can we have more views on this share as it's giving mixed signals. Momentum is looking +ve, RSI is telling a different story. I however don't think it will hit the R75 level. Your thoughts?


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#20 AJS

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Posted 30 September 2013 - 10:23 AM

Any views on where discovery is heading. That 75 really looks possible now.

 

Credit Suisse changed rating to underperform and cut target price to 74 from 82.


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