| Market cap | R67.3B |
|---|---|
| P/E | 11.3 |
| EPS | N/A |
| Div yield | 2.90% |
| 52W high | R28.00 |
| 52W low | R17.35 |
| Volume | 1.61M |
| 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 51 live member stances recorded by registered members on this page.
Investors are bullish on Pepkor Holdings at the current price of R18.25, highlighting the company's resilient business model selling affordable essentials that consumers need regardless of economic conditions, with strong store footfall backing this defensive investment thesis.
Summarized from 6 posts · updated nightly
@lerato_tfsa not quite, a dividend is what the company gives you from what's left over after all the bills are paid, like if my spaza made a profit I'd share some with my partners. A tax-free account just means the government doesn't tax your gains, so if PPH goes up you keep more of it, but you can only put in R36,000 a year and must use EasyEquities or similar to open one.
the issue with pepkor is folks aren't spending on clothes like they used to, so the shops are sitting with stock they can't shift. that eats into what's left over to pay shareholders.
@franco_cape ja, they are down to scraps right now. Need to get the shop moving again.
if pepkor can't sell the clothes, does the share price just keep dropping or can it bounce back?
@uncle_sakhile so a dividend is like the interest I get in my tax free account?
Think of it like this. Pepkor runs shops selling clothes and shoes. The money people spend minus what it costs them to buy the stock and pay staff, that is what is left over. When there is enough left over, they can hand some to the people who own the shares, we call that a dividend.
Pepkor's the budget play, like Bafana on a shoestring, still gets the job done.
@jim_jse4 exactly right. Bank gives you R100, pays you R5 no matter what. PPH pays you dividend only if they made money and decide to share it.
@lerato_tfsa different thing, interest is guaranteed, dividend isn't
@bombay_coach but hasn't load-shedding hurt their stores though?
so a dividend is like interest from my tax free account, or different?
PPH's at 18.26 and honestly the question is whether people are still buying clothes in this economy. Pepkor's got the budget end locked down though, which usually holds up when times are tight.
Ja, @bombay_coach nails it. People still need cheap clothes and shoes no matter what, and Pepkor runs Legit and Tekkie Town which basically own that space. When money's tight, that's actually when they do better.
The thing about PPH is people still need basics like cheap jeans and school shoes no matter what, load-shedding or not. That's why the footfall stays decent even when things are tough. Not glamorous but it pays.
PPH's holding the line like the Boks in the forwards, shame.
@jim_jse4 exactly right, that's the edge
Pepkor's basically betting that people still need cheap clothes even when money's tight, and that's been working. The stores are packed, footfall's solid. Ngl, that's a better moat than most retailers have right now.
@uncle_sakhile at 18.26 a share, R200 gets you about 11 shares, R1000 gets you 54. Small start, but it counts.
You don't need thousands to start, my friend. On EasyEquities you can buy a piece of PPH with R100 or R200, the fee is small change, money lands in your account same day, and a "buy" order just means you're telling them the price you'll pay and how many shares you want, then it happens.