Investec (INVP)

Sector:

Banking

Index:

FTSE 250

520.00p
   
  • Change Today:
    -5.50p
  • 52 Week High: 558.50
  • 52 Week Low: 406.10
  • Currency: UK Pounds
  • Shares Issued: 645.16m
  • Volume: 80,400
  • Market Cap: £3,354.84m
  • RiskGrade: 206

Friday preview: US data barrage, Investec in focus

By Alexander Bueso

Date: Thursday 13 Sep 2018

LONDON (ShareCast) - (Sharecast News) - The focus at the weekend - barring surprises around international trade or Brexit - will be on a barrage of economic data scheduled for release in the States.
Chief in importance among those will be monthly retail sales figures for August, alongside readings on import prices, industrial production and consumer confidence, starting from 1330 BST.

No major economic releases are due for release in the UK or in the Eurozone.

On the corporate side of tings, the impact from the depreciation in the rand and the recession in the country are likely to pervade South African broker Investec's trading statement, although Numis believes most of the real impact in fact still lies ahead.

Nevertheless, although analyst James Hamilton expected funds under management to be "good" in both the Asset and Wealth Management businesses, with both up by 3.0%, he said it was likely that FuM still took a hit from negative moves in exchange rates.

For iconic pub operator JD Wetherspoon meanwhile, consensus was expecting the company to report profits before tax of £105.9m and announce a dividend payout of 12.0p.

Numis on the other hand was forecasting profits of £99.9m.

"Our caution on the business reflects the fact that we do not expect lfl sales growth to be sustainable at >5% and expect a normalisation to c.3% in due course, some way below the margin-neutral level of sales growth," analyst Tim Barrett said.

"Furthermore the company has not been buying back stock at the current level (net debt/EBITDAR 4x) removing an historic source of EPS growth."

Friday September 14

INTERIMS

RM2 International S.A. (DI), Triple Point Social Housing Reit

INTERIM DIVIDEND PAYMENT DATE

Apax Global Alpha Limited , Chemring Group, Domino's Pizza Group, IMI, Informa, LSL Property Services, Mondi, Moneysupermarket.com Group, North Midland Construction, Pearson, Quartix Holdings , Quiz, Synectics, Transgloble Energy Corporation NPV (DI)

INTERIM EX-DIVIDEND DATE

Zotefoams

QUARTERLY PAYMENT DATE

Carnival, Chenavari Toro Income Fund Limited NPV, Real Estate Credit Investments Ltd, RM Secured Direct Lending

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Balance of Trade (EU) (10:00)

Business Inventories (US) (15:00)

Capacity Utilisation (US) (14:15)

Import and Export Price Indices (US) (13:30)

Industrial Production (US) (14:15)

Retail Sales (US) (13:30)

U. of Michigan Confidence (Prelim) (US) (15:00)

FINALS

Wetherspoon (J.D.)

SPECIAL DIVIDEND PAYMENT DATE

London & Associated Properties, Severfield

EGMS

Metminco Ltd.

AGMS

Atlantis Japan Growth Fund Ltd., Henderson Smaller Companies Inv Trust, Invesco Income Growth Trust, SVM UK Emerging Fund

FINAL DIVIDEND PAYMENT DATE

Aberdeen New Dawn Investment Trust, Ashtead Group, D4T4 Solutions, Gordon Dadds Group , Greene King, London & Associated Properties, Motorpoint Group, Severfield, Triad Group, Walker Crips Group





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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Investec Market Data

Currency UK Pounds
Share Price 520.00p
Change Today -5.50p
% Change -1.05 %
52 Week High 558.50
52 Week Low 406.10
Volume 80,400
Shares Issued 645.16m
Market Cap £3,354.84m
RiskGrade 206

Investec Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
44.39% above the market average44.39% above the market average44.39% above the market average44.39% above the market average44.39% above the market average
29.41% below the sector average29.41% below the sector average29.41% below the sector average29.41% below the sector average29.41% below the sector average
Price Trend
49.57% above the market average49.57% above the market average49.57% above the market average49.57% above the market average49.57% above the market average
41.18% below the sector average41.18% below the sector average41.18% below the sector average41.18% below the sector average41.18% below the sector average
Income
84.15% above the market average84.15% above the market average84.15% above the market average84.15% above the market average84.15% above the market average
6.67% below the sector average6.67% below the sector average6.67% below the sector average6.67% below the sector average6.67% below the sector average
Growth
3.43% below the market average3.43% below the market average3.43% below the market average3.43% below the market average3.43% below the market average
52.94% below the sector average52.94% below the sector average52.94% below the sector average52.94% below the sector average52.94% below the sector average

What The Brokers Say

Strong Buy 2
Buy 2
Neutral 0
Sell 0
Strong Sell 0
Total 4
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Investec Dividends

  Latest Previous
  Final Interim
Ex-Div 22-Aug-24 07-Dec-23
Paid 06-Sep-24 22-Dec-23
Amount 19.00p 15.50p

Trades for 29-May-2024

Time Volume / Share Price
08:52 223 @ 520.00p
08:52 64 @ 520.00p
08:52 14 @ 520.00p
08:52 322 @ 520.00p
08:52 500 @ 520.50p

Investec Key Personnel

CEO Fani Titi
Chair Philip Hourquebie
Finance Director Nishlan Samujh

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