Ninety One (JSE: NY1)

41.61 now, down two percent. Holding?

41.61 now, down two percent. Ja no, weak hands.

Down to 41.61. Frustrating as hell though.

42.59, down 2% already. Eish.

42.59 now, bit of red today. Holding tight.

42.59 now, down 2%. Eskom said so.

43.32 now, down a bit today.

43.32 now, down again today eish

43.32 now, down 2% today shem.

NY1 at R44.30 is trading at a reasonable discount to its peers when you look at the asset management fee revenue model and the dividend yield sitting above 5%. The real question is whether emerging market flows stabilise over the next 12-18 months, because if they do, this stock

NY1 down less than 1% today, nothing dramatic but the financials sector has been choppy lately so I'd want to see it hold above R43.50 before getting excited.

NY1 up 4.37% today, likely tracking broader financial strength or some positive asset management flows. At current levels the dividend yield is starting to look interesting again if they maintain distributions, but need to keep an eye on net outflows given the competitive landsca

NY1 down 2.48% today but the dividend yield is looking meaty at current levels. Anyone else thinking this weakness is just noise or are you concerned about the fund flows environment hitting the asset managers?

NY1 taking a knock today at R45.20, down 1.59%, but the yield's still looking decent compared to Investec or Coronation. Asset managers are getting hammered on flows, so this sector-wide pressure is real, but NY1's diversified earnings keep it from being as exposed as pure-play w

NY1 creeping up 0.87% but the asset management sector's earnings headwinds aren't resolved yet, and AUM growth at these valuations doesn't justify the bounce. Fund outflows from local equities will keep pressuring margins until we see a proper market recovery, so I'm staying on t

Reading the latest results, decent showing on AUM growth

interesting numbers on NY1 the last couple results, AUM sitting around 290bn and margins holding despite rand weakness. thing is global asset managers trading way ahead on earnings multiples so hard to see where the re-rate happens from here unless they crack into the US market properly. fwiw the dividend is solid but that's more of a mature story imo

NY1 sitting on solid assets under management globally but the local market keeps pricing in rand weakness and offshore outflows, ngl the valuation isn't exciting at R46.38 when you look at peers. long term tho if they can grow that wealth advisory book and keep clients through the rate cycle, could be a decent hold for patient money.

Look, NY1 closed R46.38 and everyone's crying about the rand headwind but that's exactly when you load up on a global asset manager. Ninety One's got real AUM in dollars, institutional flows aren't stopping, and the market's sleeping on the fact that when the rand weakens you actually want that currency hedge. This is a five year hold minimum, not a trade.

NY1 taking a knock today but the long-term story hinges on whether they can grow AUM faster than competitor outflows. At current valuation the dividend yield looks decent if they maintain earnings, though geopolitical headwinds and market volatility will keep this under pressure