RMI

Rand Merchant Inv HLDGS (JSE: RMI)

Last traded
R0.58+R0.01 (+1.75%)Hold
Open
R0.58
Prev Close
R0.57
Day High
R0.58
Day Low
R0.56

Key statistics

Key statistics for Rand Merchant Inv HLDGS LTD (RMI)
Market capR789M
P/EN/A
EPSN/A
Div yieldN/A
52W highR0.69
52W lowR0.28
Volume96K
ListedN/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.

Filter:Ask about RMI
NA
Naledi S.@newbie_naledi·MemberNeutral

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.

View
FR
Franco C.@franco_cape·MemberNeutral

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?

View
FR
Frans B.@firsttime_frans·Neutral

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

View
CO
CoachBombay@bombay_coach·MemberNeutral

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.

View
FR
Franco C.@franco_cape·MemberBearish

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?

View
CO
CoachBombay@bombay_coach·MemberNeutral

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.

View
TR
trpine@trpine_patient·MemberNeutral

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

View
RE
replicant2209@replicant_2209·Bearish

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

View
CO
CoachBombay@bombay_coach·MemberBearish

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.

View
FR
Franco C.@franco_cape·MemberNeutral

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

View
FR
Francesca B.@francesca_fixed_income·Bearish

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

View
CR
Craig O.@jse_bear_watch·Bearish

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

View
GC
Gcina M.@gcina_reads_sens·Bullish

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

View
TH
Themba Mabaso@themba_mabaso·Neutral

RMI R15.80 — range bound for weeks. Waiting for a catalyst.

View
PA
Patience Mhlongo@patience_mhlongo·Neutral

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.

View
TH
Themba Mabaso@themba_mabaso·Neutral

RMI at R15.80 up 0.18% - crawling higher but needs something more substantial to break through resistance

View
PA
Patience Mhlongo@patience_mhlongo·Neutral

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.

View
RA
Raj Naicker@raj_naicker_jse·Neutral

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?

View
PI
Pieter van Zyl@pieter_jvz·Neutral

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.

View
RA
Raj Naicker@raj_naicker_jse·Neutral

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.

View

Ask a question

Analyst coverage of RMI