Right now Capitec shares trade at R1,384.
But what if I told you that you could get hold of these shares - and benefit from their upwards movement - at a discount of 20%?
My guess is this sounds like a great opportunity?
In fact, if you could get a share like Capitec - but end up paying as much as 20% less, why would you not jump at the opportunity?
Well, I've uncovered scores of t... ››› more
The JSE Top 40 closed the week down 1,5%.
Higher commodity prices; Gold, Silver and Brent Oil were up more than 2%, while Platinum managed 1,6%. These were not enough to save the Resources Index (down 3%) from a stronger Rand. Industrials and Financials were also softer.
Anglogold up 9,3% and Harmony 9,5% responding to a firmer Gold Price (up 2,5%).
PSG rallied 6%, see comment below. ... ››› more
Yesterday, Capitec Bank Holdings released its unaudited results for the six months to the end of August.
The bank, which boosts the lowest customer fees and charges, is gaining traction in South Africa's consumer banking sector.
Capitec's results show it's attracting new customers and its earnings are reflecting this rise.
Let's take a closer look…
Capitec grows earnings 25%
Ca... ››› more
Capitec Bank Holdings is a bank offering a simple banking solution to its customers. The company has a listing on the Johannesburg Stock Exchange…
Full name: Capitec Bank Holdings Limited
Short name: Capitec
Ticker: CPI
Sector: Banks - banks
Five top facts about Capitec Bank Holdings
Fact #1:
Capitec Bank Holdings employs over 10,200 people. The company has 668 branches servicing... ››› more
In March 2012 African Bank was worth R32 billion.
By March 2014 the share price tanked, and the company was worth only R8.8 billion.
By the time the company's shares were suspended on 11 August 2014 it was worth a mere R465 million.
The share price hit rock bottom at 31c, down from R42 share just a couple of years earlier.
Likewise, in May 2013 I warned investors Abil could go under.... ››› more
Over the past week, two of the most heavily bought JSE shares by foreigners were PSG and Capitec.
This isn't a surprise as both these stocks have been on a tremendous run this year. Since around January, both companies have soared over 50% in six months.
So with the added confidence from foreign investors, this should see both stocks continue on an upward trend.
This is good news if you hold... ››› more
Earlier today, Capitec Bank Holdings released its results for the full-year to the end of February.
The bank revealed strong growth in earnings over the year, with rising income from transaction fees being a major contributor.
This has led the company's share price sharply higher today.
Let's take a closer look at what Capitec's results revealed…
Capitec grew its earnings 27%
C... ››› more
You don't need to be rich or smart to make money in the stock market.
You don't need fancy qualifications or an extensive network of informants.
Sometimes all you need is to go against the crowd.
You need to be able to buy what everyone's written off as bad. And then you need the power of will to stick with your decision and wait for the tide to turn, as it almost always does…
Hear m... ››› more
Yesterday, the Johannesburg Stock Exchange benefitted from a soaring palladium price. The struggling platinum producers outperformed on the news.
Palladium supply is under threat due to geopolitical events in Russia. Russia is the world's number one producer of the precious metal.
Let's take a closer look at what happened on the local bourse yesterday…
Platinum producers benefitted f... ››› more
Yesterday, credit ratings agency Moody's Investment Services downgraded Capitec's credit rating.
The news spooked investors who're still reeling from the wipe out of African Bank shares two weeks ago.
Capitec's share price fell steeply on the news, but recovered some of its losses by market close.
Let's take a closer look at what's going on…
Capitec shares fell hard
Yesterday, ... ››› more
At lunchtime, Capitec Bank Holdings Ltd released a trading statement about its first half results. And the contents were very positive. This sent the share swiftly higher, closing over 4% higher for the day. Let's take a closer look at what the trading statement revealed…
Capitec “surprised investors” earlier today with a trading statement that said its first half earnings are as much as 2... ››› more
A study has concluded that bank charges haven't changed in a year. The trade union Solidarity's Research Institute released its findings into bank charges earlier today. Let's have a closer look at what the study shows…
The trade union Solidarity’s Research Institute has studied bank charges over the past year, says Fin24. And the findings show that the “cost of banking has remained unchan... ››› more
There are two types of news. And I don't mean good news and bad news…
Basing your investment decisions on the one kind of news could cost you dearly…
Whatever you do, you shouldn't listen to this first kind of news. I'm talking about the news that is blurted out to generate newspaper sales.
This is often associated with audacious headlines having bold claims only affecting your and o... ››› more
On the back of Capitec's good financial results, the media's reporting concern over the unsecured loans Capitec offers that put many consumers into an endless spiral of debt. Here's how to make sure you don't slip into a debt spiral when you apply for credit to fund a purchase…
There’s a good reason many are wary of unsecured loans like those offered by Capitec Bank: An unsecured l... ››› more
SIM swap fraud and Internet banking fraud are huge concerns for any banking customer at the moment. So huge, they were the focus of a Carte Blanche investigation a few weeks ago. The banking and mobile network industries have taken note of this and, following their initial individual attempts to improve Internet banking safety, they're finally teaming up to keep your savings safe. MTN and ABSA are... ››› more
Capitec Bank's embarked on a winning strategy for the group and its shareholders alike. Earlier this month, it released its annual report, which shows that earnings have increased by 47% to R1.584 million in the last 12 months. Here's how it's hoping to implement further growth…
First, Capitec Bank declared a final dividend of 405c per share on 25 March 2013.
Then came the new... ››› more
The media's often blamed for causing sensation and making investors panic or rush into a deal prematurely. Take the hacked AP media Twitter account tweet for example. The fake tweet, about an attack on the White House, caused the stock markets to wobble precariously last week. Now, there's a local brouhaha over AMPS data stating that Capitec's overtaken Nedbank in terms of market share. Don't let ... ››› more
Capitec Bank is really proving itself. Not only was it announced as the top company of the year at the Sunday Times Top 100 Companies Awards in November, the latest All Media Product Survey or AMPS results also show it's ousted Nedbank as the fourth-largest bank by market share in the country! Giving you even more reason to be excited about investing in this bank…
Capitec Bank’s shar... ››› more
Unsecured lending's been a hot topic lately, with Capitec, African Bank (Abil) and Transaction Capital the local front runners. Now, Transaction Capital's latest results have proven its worth and left competitor Abil trailing in the dust…
A few months ago, there was talk of the unsecured lending bubble starting to show signs of popping as “worsening consumer indebtedness [took] its t... ››› more
Capitec Bank's been making headlines for good reasons lately thanks to its online banking security measures, as news of more banking fraud comes to light each week. Now, it's time for its shareholders to celebrate! Capitec's earnings have increased by 47% to R1.584 million in the last 12 months - here's why…
Capitec’s chief executive Riaan Stassen banked an R80 million pre-tax share ... ››› more
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