Investec (JSE: INL) share price, discussion & sentiment

@momentumtracker_jse yep bids holding strong here

Spreads still compressed on the funding side, not much room to move higher from here

Wealth management fees holding up nicely even with market chop, that's the real story here.

Wealth management fees holding up even when markets are flat, that's the steady bit here.

Good Morning Everyone, INL trading thin today, institutional steady on the register

Come on INL, push through R135!

Dividend yield still decent at these levels ngl

R134.97 holding, bids looking good here

R180 BY CHRISTMAS MINIMUM!!

Banking stocks getting hammered but Investec's diversified model across SA and offshore insulates it better than the pure domestic plays. At R134.97 you're getting a solid wealth management franchise with real international reach, something FirstRand or Standard Bank can't quite match in the same way. The future excites me on this one, positioned perfectly for when rand stability returns.

Pulled the latest annual results, balance sheet holding up ok

Worth noting, their net interest margin held up better than expected last quarter

r134.31, algos testing patience here

@easystreet_jse algos are brutal with this one

@easystreet_jse yeah the algo dumps are relentless

Springboks don't panic in the second half, neither do we

Algos are just noise tbh, the actual issue is net interest margin compression across the sector. INL's NIM squeezed again last quarter but wealth management fees held up which matters more long term. Banking's commoditised here, the real money's in the asset management side growing offshore.

Good morning everyone, wealth management fees holding up despite the selling pressure today

wealth management arms usually hold up better when rates move, investec's got decent spreads in that division. algos selling everything equally dumb as always but the dividend yield at these levels starting to look thick for patient money.

@easystreet_jse algos are relentless hey, but where's the actual catalyst here