RMI at 55c is pricing in some real pain, but the dividend yield should be respectable if they can maintain distributions through this cycle. The financial services rerating has been brutal this year, so I'm waiting to see if there's actual earnings recovery or just hopium.
Rand Merchant Inv HLDGS (JSE: RMI)
Last traded- Open
- R0.58
- Prev Close
- R0.57
- Day High
- R0.58
- Day Low
- R0.56
Key statistics
| Market cap | R789M |
|---|---|
| P/E | N/A |
| EPS | N/A |
| Div yield | N/A |
| 52W high | R0.69 |
| 52W low | R0.28 |
| Volume | 96K |
| 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 10 live member stances recorded by registered members on this page.
RMI jumping 5.88% today on the back of what exactly? Balance sheet looking stretched and that dividend yield isn't doing much heavy lifting at these levels, so is this just technical bounce or has something changed in their asset quality story?
RMI at 51c is trading at a significant discount to its peers in the investment holding space, particularly compared to similar diversified financials that carry higher valuations. The dividend yield looks attractive on paper, but you're paying for the turnaround story here rather
RMI at 50c is pricing in serious distress for a financial services player, but the dividend yield would be juicy if they can stabilize earnings. Need to see the next set of numbers before touching it though, the sector rotation away from financials has been brutal.
RMI at 50 cents feels stretched for a financials play with those dividend yields barely justifying the risk. Is anyone still holding this or have you moved capital into better-yielding alternatives in the sector?
RMI up 2% to 49c today, but at a P/E around 3.5x and trading well below book value, I'm holding to see if the dividend yield justifies the capital tie-up or if there's a catalyst brewing.
RMI at 49c is trading at a steep discount to most of its banking peers, which makes sense given the structural headwinds in its investment portfolio. The dividend yield sits around 8% though, so if management can stabilise earnings and keep the payout ratio reasonable, there's a
RMI down nearly 2% to 50c, which is rough given the broader financials sector has had some stability lately. Compare that to Coronation Fund Managers trading around 3.80 with way better earnings visibility, makes you wonder if this is capitulation or just overdue repricing of RMI
RMI getting hammered 12.50% down to 49c, which is rough. Compare that to Investec down only 3% today - RMI's weakness looks sector-wide pressure meeting specific stock concerns, probably around that dividend sustainability question that's been hanging over it.
RMI jumped 16.67% to R0.56 today, which is interesting given the stock's been under pressure for years. The longer view is that unless management can show real momentum in their asset management and financial services divisions, this looks like a relief bounce rather than a funda
RMI's 2% pullback to R48 presents an interesting technical entry, but I'm struggling to reconcile the valuation against the current yield curve backdrop. With SA real rates elevated and the embedded value economics under pressure from persistent NIMs compression, how are holders
RMI's 2% decline warrants scrutiny into whether this reflects justified repricing of embedded value or merely sector-wide pressure, given the bank's exposure to rate volatility and the persistent question of whether management can sustain ROICs above cost of capital in a tighteni
RMI pushing through R49 this morning with a solid 2% pop, likely catching some relief from the broader financials recovery on SENS flow. Hard to get too excited without seeing the latest earnings trajectory, but the momentum into this level suggests some institutional conviction
RMI at R15.80 is still nursing those insurance sector headwinds, but the dividend yield keeps it interesting for income investors willing to tolerate the volatility. Real question is whether they've actually stabilized their underwriting or if we're just seeing a bounce.
RMI at R15.80 up 0.18% - crawling higher but needs something more substantial to break through resistance
RMI crawling up 18 cents to R15.80 feels like someone finally noticed the dividend yield again, but we need to see if this sticks above R16 before getting excited.
RMI just up 0.18% to R15.80 — is anyone else wondering if that dividend yield is enough to justify holding through this insurance cycle downturn, or are we waiting for cat bond spreads to reset?
RMI at R15.80 is creeping up while the broader financials sector struggles. Compare that to Sanlam's relative stability — RMI's still playing catch-up on fundamentals.
RMI at R15.80 is stuck in a narrow range, but the insurance consolidation play still has merit if they can stabilize claims ratios. Problem is, every time it looks ready to break higher, economic headwinds pull it back down.