Overview

  • Financial Services
  • Join the financial sector group to discuss firms that provide financial services to commercial and retail customers. This group includes banks, investment funds, insurance companies and real estate.
    • 696 total views
    • 16 total members
    • Last updated October 2, 2015

Financial Services

Updates

  • Petri Redelinghuys
    Petri Redelinghuys: Banks, banks, banks.... the theme of 'long locals' is working out like a dream! Banking index up almost 6% today as offshore investors cheer on Ramaphosa as president. New record highs on many of the banks today. Perhaps we pull back a little tomorrow,...  more
    • February 15, 2018
  • INCE|Connect Admin
    INCE|Connect Admin: Banking stocks are going cheap, but there’s not much going for them. 
    Banks: Are they cheap for a reason? | Industry | Moneyweb Today
    • June 13, 2016
  • Petri Redelinghuys
    Petri Redelinghuys: Moody's downgraded their outlook on the South African banking sector today. Banking stocks are taking a bit of a hit here. See the pic below for their comments.
    • May 27, 2016
  • Alban Atkinson
    Alban Atkinson: Mark Ingham's research on Banks and Insurer's
    Ingham’s Incisive Insights: Stocks for Discussion
    • April 11, 2016
  • Petri Redelinghuys
    Petri Redelinghuys:
    South African bank ranked best in the world
    • March 18, 2016
  • Petri Redelinghuys
    Petri Redelinghuys: Some good news :-)
    • March 18, 2016
  • Petri Redelinghuys
    Petri Redelinghuys: Old Mutual looking to sell its stake in Nedbank... bit of a theme developing here..?
    • March 11, 2016
  • Petri Redelinghuys
    Petri Redelinghuys: ABSA (Barclays Group Africa) is working hard to set its clients at ease that it will be business as usual once Barclays (UK) divests from them. They've also managed to deliver a solid set of results and are in fact trading higher now that they were at...  more
    • March 1, 2016
    • Petri Redelinghuys
      Deleted Member Markets highly emotional (read volatile, irrational & sometimes illogical), especially given market turmoil, economic & political uncertainty. On top of normal erratic behaviour, investors are perhaps more sensitive towards Absa given mass exodus of top...  more
  • Petri Redelinghuys
    Petri Redelinghuys: A complete exit out of Africa for Barclays. Will you be selling your shares BGA (ABSA) as well?
    Barclays set to exit African business
    • February 29, 2016
    • Alban Atkinson likes this.
    • Petri Redelinghuys
      Alban Atkinson This will be a sad day for Barclays to quit South Africa for a second time. However, when you see how FirstRand emerged as one of SA's leading companies, from Barclays' first sale of its business, then maybe this opens up a new similar opportunity?
    • Petri Redelinghuys
      Petri Redelinghuys BGA is still old school though; lot of paper based processes and a relatively old workforce. Much will need to change if they want to rival the innovation of First Rand.
  • Celia Nel
    Celia Nel: Liberty, Alexander Forbes and others are accused of colluding with the Financial Services Board to close thousands of pension funds illegally.
    Liberty and Alexander Forbes named in complaint against FSB | Financial Services | BDlive
    • February 29, 2016
  • Gerhard van Heerden
    Gerhard van Heerden:
    Is it time to cash in on banking? | Fin24
    • February 24, 2016
  • Petri Redelinghuys
    Petri Redelinghuys: HSBC bank posts a surprise loss. Sign of an ailing world economy?
    • February 22, 2016
  • Petri Redelinghuys
    Petri Redelinghuys: Coronation looks like it could be attempting to change its trend here. Very speculative, so be careful. 
    • February 17, 2016
  • Petri Redelinghuys
    Petri Redelinghuys: Banks and Financials are not having a great time in this market. Does anyone else think that we might see some major moves lower here, or is this the time to be snapping up quality shares? If so, which are you buying?
    • February 2, 2016
  • Petri Redelinghuys
    Petri Redelinghuys: So Coronation's (CML) assets under management growth rate is slowing down... does this bode badly for them? Are they maybe losing market share to the likes of Anchor Capital?
    • January 20, 2016
    • Petri Redelinghuys
      Pieter Postema Question is it time to reduce ones exposure to them? At least the DY is still good.
      • January 20, 2016
    • Petri Redelinghuys
      Petri Redelinghuys The DY is historic though. The proof is in the earnings when next they are released. And yeah, that is the tough question to answer...
      • January 20, 2016
    • Petri Redelinghuys
      Gary Alter But Anchor has been going down hugely too. Maybe the money is going offshore?
      • January 21, 2016