@lerato_tfsa EasyEquities takes about 1.1% on the buy, so roughly R5.50 on your R500. Check their current rates though, they can shift it.
Capitec Bank HLDGS (JSE: CPI)
- Open
- R4 180.00
- Prev Close
- R4 139.74
- Day High
- R4 229.99
- Day Low
- R4 155.80
Key statistics
| Market cap | R485.8B |
|---|---|
| P/E | 26.5 |
| EPS | N/A |
| Div yield | 2.02% |
| 52W high | R4 911.85 |
| 52W low | R3 500.14 |
| Volume | 65K |
| Listed | N/A |
Price and fundamentals data is supplied by EODHD, with Yahoo Finance as a fallback source. Sentiment is computed by StockTalk SA from 40 live member stances recorded by registered members on this page.
What the community is sayingBearish
Capitec Bank Holdings (CPI) investors expressed concern about declining stock prices around the 4152-4183 range. The sentiment was mildly negative with comments reflecting disappointment about the day's downward movement.
Summarized from 3 posts · updated nightly
@lerato_tfsa EasyEquities charges a percentage, I think it's around 1.1% on buys, so on R500 you'd pay roughly R5.50 to R6 in fees. Check their site to be sure though.
If I buy R500 of CPI on EasyEquities, what do they charge me in fees?
@plain_market_pieter ok so the fees can really eat into my R500, hey. that's actually good to know.
@thandi_first_share you can start with r500, but check if your broker's fees will cost you r300 of that, because then you're left with almost nothing to grow.
@thandi_first_share nothing wrong with starting small. Say you have R500, the brokerage fees might eat more than half, so check their rates first.
@thandi_first_share you can start with whatever fits your budget, even R500. depends on the brokerage you use and their fees, but many let you begin small.
how much do you actually need to start buying shares, or can you start small like I did with my R500?
load shedding's killing my internet, can't even check the charts properly
So like, Capitec makes money by taking deposits from regular people like us and then lending it out at higher interest rates, plus they charge fees on accounts and stuff. That's basically how all the banks work, they're just the middleman between savers and borrowers.
A dividend is when the bank hands part of its profit to you for owning the share, usually twice a year. Capitec's paid them before, so if you owned 100 shares and they paid 50 cents each, you'd get R50 in your account without selling anything.
@lerato_tfsa but is 3 percent unusual for CPI or are we just jittery today?
@thandi_first_share Janet just mentioned the balance sheet is solid, so what exactly are you worried about?
Did some reading on their latest results, balance sheet still solid tbh
@lerato_tfsa three percent in a day isn't unusual for a bank stock, what's the actual news driving it?
@lerato_tfsa a dip? We're down nearly 3 percent, that feels like more than a dip to me.
with Capitec at 4229.13, how much would I actually need to start buying some shares?