Old Mutual (JSE: OMU) share price, discussion & sentiment
What the community is sayingBullish
Investors acknowledge Old Mutual's solid balance sheet but express skepticism about the stock's prospects, noting that the current dividend yield and price below pre-pandemic levels don't justify holding through ongoing volatility without evidence of genuine earnings growth in the asset management and life insurance divisions.
Summarized from 5 posts · updated nightly
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Pulled the latest results. Balance sheet holding up better than the mood suggests.
Balance sheet still solid but the dividend yield isn't enough to justify holding through this volatility. Need to see actual growth in the asset management division, not just cost-cutting. Until there's a real earnings surprise the stock is going nowhere from here.
OMU at R13.08 is still trading below pre-pandemic levels and the dividend yield doesn't compensate for the structural headwinds in life insurance and asset management. Until we see genuine earnings growth and capital deployment that moves the needle, the stock remains a value tra
Volume dried up past 13.00, soon as it did algos stepped in. classic pattern here.
The algos are noise, Pieter. What matters is that OMU's embedded value keeps grinding upward while the market prices it like a distressed play. Compare that to Discovery or Sanlam, both trading at meaningfully higher multiples on weaker fundamentals. Long-term positioning here makes sense to me.
Dividend yield still lekker relative to the banks, if they can keep the payout going.
Been holding through the noise, the dividend yield is still solid compared to other financials on the JSE and the asset management side is actually moving the right direction. Yeah the algos are pushing it around at these levels but fundamentals haven't changed, good day to top up if you believe in the longer term story here.
algos hammering it every time it gets near 13.00. predictable stuff.
good morning everyone, been reading the latest sens stuff on old mutual. interesting moves there.
@mumu_data volume's been decent, interest rate hold helped sentiment too
12.83 holding strong, wall cracking
12.83 holding. Wall cracking maybe.
@bear_naidoo what's the catalyst supposed to be though, restructuring doesn't move it
@bear_naidoo price is 12.83 now, not 12.82. Minor but the wall's still there.
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Current R 12,99 — 50% of range
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Trading
Fundamentals sourced from JSE disclosures. Updated quarterly.