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Interesting numbers on the last set, earnings were solid but the yield on assets keeps getting squeezed. Imo the market's nervous about margin pressure in the current environment, load-shedding hitting consumer confidence doesn't help financials either. Fwiw I'm not convinced the selloff is overdone yet, there's probably more to come before this stabilizes around a fair valuation.
pbt sitting at R6.61 and honestly feels like financial services are just getting crushed across the board. the real question is whether this thing has any moat left or if it's just another middleman getting disintermediated. catch the express train if management can actually show earnings growth next half, otherwise it's just yield chasing on a sinking ship.
PBT's been getting hammered but the financials side still serviceable if you actually look at the MD&A. Problem is the rand keeps eating into everything, margins compressed more than most peers. Long hold if you believe in consolidation play but ngl the yield doesn't justify the risk right now at R6.61.
pbt sitting at R6.61 but balance sheet looks thin for a financials play. what's actually driving revenue here, or is this just another holding company shuffle. need to see the numbers before touching it.
PBT's getting hammered today but the longer view hinges on whether they can stabilize margins in a tough credit environment. If they maintain that dividend yield and manage asset quality, there's a case for accumulation here, though the P/E doesn't look cheap enough to ignore the
PBT taking a 3.64% knock today to R6.61, which puts it lagging behind the broader financial services crew. The insurance play's yield is looking decent relative to peers like MMH, but today's drop suggests some profit-taking or sector rotation happening.
PBT dropped 4.36% today to R658, which has me questioning whether this is capitulation selling or if there are deeper concerns about their earnings quality I'm missing. Before averaging down on a financials holding, I need to understand if this drawdown reflects market panic or a
PBT down 4.36% today but this feels overdone given the financials sector's structural tailwinds from infrastructure projects that require project finance and risk management solutions. The market's knee-jerk reaction ignores that government's eventual capex push on water, power,
PBT's modest 0.58% gain today masks what I see as a disconnect between its valuation and dividend trajectory. The market seems to be pricing in slower payout growth than the company's earnings momentum would justify, especially given the financials sector's recent headwinds haven
PBT's fractional 58 basis point appreciation suggests the market is pricing in modest confidence, though one would want to interrogate the underlying ROE movements and whether embedded value assumptions remain defensible at current valuations before committing capital.
PBT trading at R690 with that modest 0.58% gain today, but what's interesting is how it's positioned relative to the broader financial services pack given the regulatory uncertainty around banking sector capital requirements. The dividend yield on this one remains attractive comp
PBT grinding higher at 692 cents with that modest 0.87% move suggests steady accumulation rather than panic buying, which actually feels right for a financial services play navigating this rate environment.