Recent Insider Transactions • Apr 16
Chief Compliance and Operations Officer recently sold R1.2m worth of stock On the 10th of April, Mariza Lubbe sold around 6k shares on-market at roughly R200 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Mariza's only on-market trade for the last 12 months. Upcoming Dividend • Apr 15
Upcoming dividend of R1.73 per share Eligible shareholders must have bought the stock before 22 April 2026. Payment date: 28 April 2026. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of South African dividend payers (7.7%). Lower than average of industry peers (5.1%). Recent Insider Transactions • Apr 15
Chief Compliance and Operations Officer recently sold R1.2m worth of stock On the 10th of April, Mariza Lubbe sold around 6k shares on-market at roughly R200 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Mariza's only on-market trade for the last 12 months. Price Target Changed • Apr 11
Price target increased by 8.8% to R214 Up from R197, the current price target is an average from 2 analysts. New target price is 6.2% above last closing price of R202. Stock is up 38% over the past year. The company posted earnings per share of R5.95 last year. Declared Dividend • Mar 27
Dividend of R1.73 announced Shareholders will receive a dividend of R1.73. Ex-date: 22nd April 2026 Payment date: 28th April 2026 Dividend yield will be 3.9%, which is lower than the industry average of 5.0%. Sustainability & Growth Dividend is well covered by both earnings (49% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 46% to shift the payout ratio to a potentially unsustainable range, which is more than the 1.8% EPS decline seen over the last 5 years. Reported Earnings • Mar 26
First half 2026 earnings released: EPS: R9.30 (vs R6.59 in 1H 2025) First half 2026 results: EPS: R9.30 (up from R6.59 in 1H 2025). Revenue: R27.1b (up 2.8% from 1H 2025). Net income: R5.17b (up 41% from 1H 2025). Profit margin: 19% (up from 14% in 1H 2025). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Announcement • Mar 25
Remgro Limited Declares Interim Gross Dividend for the Six Months Ended 31 December 2025, Payable on 28 April 2026 Remgro Limited announced an interim gross dividend of 173 cents (31 December 2024: 96 cents) per share has been declared out of income reserves in respect of both the ordinary shares of no par value and the unlisted B ordinary shares of no par value, for the six months ended 31 December 2025. Shares trade ex dividend is 22 April 2026. Record date: 24 April 2026. Payment date: 28 April 2026. Announcement • Mar 13
Remgro Limited to Report First Half, 2026 Results on Mar 25, 2026 Remgro Limited announced that they will report first half, 2026 results on Mar 25, 2026 Announcement • Dec 02
Remgro Limited (JSE:REM) signed a in-principle, non-binding agreement to acquire remaining minority stake in Mediclinic Southern Africa (Pty) Ltd from MSC Mediterranean Shipping Company S.A. Remgro Limited (JSE:REM) signed a in-principle, non-binding agreement to acquire remaining minority stake in Mediclinic Southern Africa (Pty) Ltd from MSC Mediterranean Shipping Company S.A. on December 1, 2025. The consideration consists of common equity of one share of Remgro Limited to be issued for one share of Mediclinic Southern Africa (Pty) Ltd. As part of consideration, an undisclosed value is paid towards common equity of Mediclinic Southern Africa (Pty) Ltd. Announcement • Nov 27
Remgro Limited Appoints Christine Ramon as Independent Non-Executive Director, Effective from 27 November 2025 The board of directors of Remgro Limited approved the appointment of Ms. Christine Ramon as an independent non-executive director effective from the close of business on 27 November 2025. Remgro has completed an external verification process and received the required Prudential Authority approval for the appointment of Ms. Ramon. Remgro also received confirmation that she has sufficient capacity to serve on the Board. Christine Ramon is a qualified Chartered Accountant and a highly experienced global corporate financial executive with extensive board expertise across multiple industries. She served as chief financial officer and as an executive director of AngloGold Ashanti for eight years until June 2022, including a year as interim chief executive officer. Prior to that Christine was chief financial officer of Sasol Limited and chief executive officer of Johnnic Holdings. She is currently a non-executive director of Vodafone Plc, a non-executive director of Discovery Limited and a non-executive director of Clicks Group Limited. Christine also previously served as non-executive director on the boards of the World Gold Council, the International Council on Mining and Metals, MTN Group Limited, International Federation of Accountants, Lafarge SA (France), Rand Refinery, Transnet, and Johnnic Communications. Announcement • Oct 31
Remgro Limited, Annual General Meeting, Nov 27, 2025 Remgro Limited, Annual General Meeting, Nov 27, 2025. Location: the lord charles hotel, corner of main road and broadway boulevard, somerset west, 7130, South Africa Upcoming Dividend • Oct 15
Upcoming dividend of R4.48 per share Eligible shareholders must have bought the stock before 22 October 2025. Payment date: 27 October 2025. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of South African dividend payers (8.1%). Lower than average of industry peers (5.1%). Reported Earnings • Sep 23
Full year 2025 earnings released: EPS: R5.95 (vs R1.47 in FY 2024) Full year 2025 results: EPS: R5.95 (up from R1.47 in FY 2024). Revenue: R51.5b (up 2.1% from FY 2024). Net income: R3.30b (up 306% from FY 2024). Profit margin: 6.4% (up from 1.6% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Announcement • Sep 23
Remgro Limited Announces Special Dividend on Ordinary Shares and Unlisted B Ordinary Shares for the Year Ended 30 June 2025, Payable on 27 October 2025 Remgro Limited announced that a special dividend of 200 cents per share has been declared out of income reserves in respect of both the ordinary shares of no par value and the unlisted B ordinary shares of no par value, for the year ended 30 June 2025. Finalisation date for the special dividend, by 11h00 is 14 October 2025. Last day to trade in order to participate in the special dividend is 21 October 2025. Shares trade ex the special dividend is 22 October 2025. Record date is 24 October 2025. Payment date is 27 October 2025. Price Target Changed • Sep 16
Price target increased by 28% to R189 Up from R148, the current price target is an average from 2 analysts. New target price is 7.1% above last closing price of R176. Stock is up 18% over the past year. The company posted earnings per share of R1.47 last year. Announcement • Sep 10
Remgro Limited to Report Fiscal Year 2025 Results on Sep 23, 2025 Remgro Limited announced that they will report fiscal year 2025 results on Sep 23, 2025 Announcement • Jun 29
Remgro Limited Announces Board Changes Remgro Limited announced that Messrs F Robertson and NP Mageza will retire as independent directors from the board of directors of Remgro with effect from 30 June 2025. Mr. Robertson also holds the position of deputy chairman and due to his retirement, the Board announced the appointment of Ms Sonja De Bruyn as deputy chairman with effect from 1 July 2025. Ms De Bruyn is currently the lead independent director of the Board. The Board congratulates Ms De Bruyn in her new role and looks forward to her continued contribution to the Company. Price Target Changed • Apr 29
Price target decreased by 7.1% to R148 Down from R159, the current price target is an average from 2 analysts. New target price is 6.5% below last closing price of R158. Stock is up 29% over the past year. The company posted earnings per share of R1.47 last year. Announcement • Apr 14
Remgro Limited to Report Q3, 2025 Results on Apr 14, 2025 Remgro Limited announced that they will report Q3, 2025 results on Apr 14, 2025 Upcoming Dividend • Apr 11
Upcoming dividend of R0.96 per share Eligible shareholders must have bought the stock before 15 April 2025. Payment date: 22 April 2025. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of South African dividend payers (9.0%). Lower than average of industry peers (5.7%). Recent Insider Transactions Derivative • Apr 09
Key Executive exercised options to buy R2.0m worth of stock. On the 2nd of April, Neville Williams exercised 33.56k options at around R160, then sold 19.14k of them at R160 each and kept the remainder. Since June 2024, Neville's direct individual holding has increased from 161.00k shares to 176.04k. Company insiders have collectively bought R21m more than they sold, via options and on-market transactions, in the last 12 months. Declared Dividend • Mar 27
First half dividend increased to R0.96 Dividend of R0.96 is 20% higher than last year. Ex-date: 15th April 2025 Payment date: 22nd April 2025 Dividend yield will be 1.7%, which is lower than the industry average of 5.0%. Payout Ratios Payout ratio: 24%. Cash payout ratio: 29%. Reported Earnings • Mar 26
First half 2025 earnings released: EPS: R6.59 (vs R3.61 loss in 1H 2024) First half 2025 results: EPS: R6.59 (up from R3.61 loss in 1H 2024). Revenue: R26.4b (up 3.9% from 1H 2024). Net income: R3.66b (up R5.66b from 1H 2024). Profit margin: 14% (up from net loss in 1H 2024). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • Mar 25
Remgro Limited Declares Cash Dividend Interim Gross Dividend for the Six Months Ended 31 December 2024, Payable on 22 April 2025 Remgro Limited announced that notice is hereby given that an interim gross dividend of 96 cents for the six months ended 31 December 2024 (31 December 2023: 80 cents) per share has been declared out of income reserves in respect of both the ordinary shares of no par value and the unlisted B ordinary shares of no par value, for the six months ended 31 December 2024. Record date is 17 April 2025 Payment date is 22 April 2025. Shares trade ex dividend is 15 April 2025. Announcement • Mar 18
Remgro Limited to Report First Half, 2025 Results on Mar 25, 2025 Remgro Limited announced that they will report first half, 2025 results on Mar 25, 2025 Announcement • Nov 29
Remgro Limited Approves Election to Audit and Risk Committee Remgro Limited at its AGM held on November 29, 2024 approved election of Mr. G G Nieuwoudt and Mr. K S Rantloane as members of the Audit and Risk Committee. Upcoming Dividend • Nov 06
Upcoming dividend of R1.84 per share Eligible shareholders must have bought the stock before 13 November 2024. Payment date: 18 November 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 1.7%. Lower than top quartile of South African dividend payers (7.7%). Lower than average of industry peers (4.9%). Recent Insider Transactions Derivative • Nov 05
Chairman of Management Board exercised options to buy R9.7m worth of stock. On the 29th of October, Jan Durand exercised 113.01k options to receive shares at no cost, then sold around 49.21k of them at R158 each and kept the remainder. Since December 2023, Jan has owned 914.61k shares directly. Company insiders have collectively bought R35m more than they sold, via options and on-market transactions, in the last 12 months. Announcement • Oct 11
Remgro Limited Announces Change to Company Secretary, Effective from November 1, 2024 The Remgro Board has accepted the resignation of Ms Danielle Ivelene Dreyer as Company Secretary. Ms Dreyer decided to make a lifestyle and career change. She will remain an employee of the Company. Mr. Luche Joubert, head of the legal and trademark department, has been appointed as Remgro Company Secretary. The amendments are with effect from November 1, 2024. Price Target Changed • Sep 27
Price target increased by 12% to R159 Up from R142, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of R159. Stock is up 6.9% over the past year. The company posted earnings per share of R1.47 last year. Declared Dividend • Sep 22
Final dividend increased to R1.84 Dividend of R1.84 is 15% higher than last year. Ex-date: 13th November 2024 Payment date: 18th November 2024 Dividend yield will be 1.8%, which is lower than the industry average of 5.0%. Payout Ratios Payout ratio: 180%. Cash payout ratio: 35%. Reported Earnings • Sep 20
Full year 2024 earnings released Full year 2024 results: Revenue: R50.4b (up 4.7% from FY 2023). Net income: R814.0m (down 86% from FY 2023). Profit margin: 1.6% (down from 12% in FY 2023). Revenue is forecast to grow 2.8% p.a. on average during the next 2 years, compared to a 9.9% growth forecast for the Diversified Financial industry in Africa. Recent Insider Transactions • Apr 11
Independent Non-Executive Director recently bought R485k worth of stock On the 3rd of April, Nkateko Mageza bought around 4k shares on-market at roughly R121 per share. This transaction increased Nkateko's direct individual holding by 14x at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth R2.4m. Insiders have collectively bought R1.4m more in shares than they have sold in the last 12 months. Upcoming Dividend • Apr 10
Upcoming dividend of R0.80 per share Eligible shareholders must have bought the stock before 17 April 2024. Payment date: 22 April 2024. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 2.0%. Lower than top quartile of South African dividend payers (8.9%). Lower than average of industry peers (5.7%). Recent Insider Transactions • Mar 31
Key Executive recently bought R2.4m worth of stock On the 26th of March, Neville Williams bought around 19k shares on-market at roughly R124 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Neville's only on-market trade for the last 12 months. Price Target Changed • Mar 26
Price target decreased by 11% to R136 Down from R153, the current price target is an average from 2 analysts. New target price is 14% above last closing price of R120. Stock is down 9.7% over the past year. The company posted earnings per share of R10.37 last year. Declared Dividend • Mar 21
First half dividend of R0.80 announced Shareholders will receive a dividend of R0.80. Ex-date: 17th April 2024 Payment date: 22nd April 2024 Dividend yield will be 1.9%, which is lower than the industry average of 5.0%. Payout Ratios Payout ratio: 23%. Cash payout ratio: Approximately 6x free cash flows. Reported Earnings • Mar 20
First half 2024 earnings released First half 2024 results: Revenue: R25.4b (down 43% from 1H 2023). Net loss: R3.25b (down 182% from profit in 1H 2023). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Diversified Financial industry in Africa. Announcement • Mar 12
Remgro Limited to Report First Half, 2024 Results on Mar 19, 2024 Remgro Limited announced that they will report first half, 2024 results on Mar 19, 2024 Recent Insider Transactions • Dec 14
Board Member recently sold R1.4m worth of stock On the 6th of December, Mariza Lubbe sold around 10k shares on-market at roughly R147 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of R1.5m more than they bought in the last 12 months. Recent Insider Transactions Derivative • Nov 24
Key Executive exercised options to buy R9.7m worth of stock. On the 16th of November, Neville Williams exercised 81.90k options at around R151, then sold 15.66k of them at R151 each and kept the remainder. Since December 2022, Neville has owned 100.50k shares directly. Company insiders have collectively bought R4.9m more than they sold, via options and on-market transactions, in the last 12 months. Price Target Changed • Nov 02
Price target decreased by 7.8% to R153 Down from R166, the current price target is an average from 2 analysts. New target price is 6.6% above last closing price of R143. Stock is up 5.5% over the past year. The company posted earnings per share of R10.37 last year. Announcement • Nov 01
Remgro Limited, Annual General Meeting, Dec 04, 2023 Remgro Limited, Annual General Meeting, Dec 04, 2023, at 09:00 South Africa Standard Time. Location: The Lord Charles Hotel Corner of Main Road and Broadway Boulevard Somerset West South Africa Upcoming Dividend • Nov 01
Upcoming dividend of R1.60 per share at 1.7% yield Eligible shareholders must have bought the stock before 08 November 2023. Payment date: 13 November 2023. Payout ratio is a comfortable 23% but the company is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of South African dividend payers (10.0%). Lower than average of industry peers (4.7%). New Risk • Sep 24
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 12% Last year net profit margin: 30% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company. Reported Earnings • Sep 21
Full year 2023 earnings released Full year 2023 results: Revenue: R48.2b (down 37% from FY 2022). Net income: R5.84b (down 56% from FY 2022). Profit margin: 12% (down from 17% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 10.0% growth forecast for the Diversified Financial industry in Africa. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Announcement • Sep 21
Remgro Limited Declares Final Gross Dividend for the Year Ended 30 June 2023, Payable on 13 November 2023 Remgro Limited announced final gross dividend of 160 cents (2022: 100 cents) per share has been declared out of income reserves in respect of both the ordinary shares of no par value and the unlisted B ordinary shares of no par value, for the year ended 30 June 2023. A dividend withholding tax of 20% or 32 cents per share will be applicable, resulting in a net dividend of 128 cents per share, unless the shareholder concerned is exempt from paying dividend withholding tax or is entitled to a reduced rate in terms of an applicable double-tax agreement. The total gross dividend per share for the year ended 30 June 2023 therefore amounts to 240 cents, compared to 150 cents for the year ended 30 June 2022. Last day to trade in order to participate in the dividend is 7 November 2023. Shares trade ex dividend is 8 November 2023. Record date is 10 November 2023. Payment date is 13 November 2023. Announcement • Sep 16
Remgro Limited to Report Fiscal Year 2023 Results on Sep 21, 2023 Remgro Limited announced that they will report fiscal year 2023 results on Sep 21, 2023 Upcoming Dividend • Apr 12
Upcoming dividend of R0.80 per share at 1.3% yield Eligible shareholders must have bought the stock before 19 April 2023. Payment date: 24 April 2023. Payout ratio is a comfortable 8.3% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of South African dividend payers (9.5%). Lower than average of industry peers (5.2%). Reported Earnings • Mar 24
First half 2023 earnings released First half 2023 results: Revenue: R44.7b (up 17% from 1H 2022). Net income: R3.95b (down 20% from 1H 2022). Profit margin: 8.8% (down from 13% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Diversified Financial industry in Africa. Recent Insider Transactions Derivative • Dec 10
Chairman of Management Board exercised options and sold R3.7m worth of stock On the 5th of December, Jan Durand exercised options to acquire 27k shares at no cost and sold these for an average price of R138 per share. This trade did not impact their existing holding. For the year to June 2016, Jan's total compensation was 79% salary and 21% non-salary. Since June 2022, Jan has owned 851.03k shares directly. Company insiders have collectively sold R11m more than they bought, via options and on-market transactions in the last 12 months. Recent Insider Transactions Derivative • Dec 07
Chairman of Management Board exercised options and sold R5.2m worth of stock On the 29th of November, Jan Durand exercised options to acquire 36k shares at no cost and sold these for an average price of R143 per share. This trade did not impact their existing holding. For the year to June 2016, Jan's total compensation was 79% salary and 21% non-salary. Since June 2022, Jan has owned 851.03k shares directly. This was the only transaction from an insider over the last 12 months. Upcoming Dividend • Nov 02
Upcoming dividend of R1.00 per share Eligible shareholders must have bought the stock before 09 November 2022. Payment date: 14 November 2022. Payout ratio is a comfortable 6.4% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of South African dividend payers (8.9%). Lower than average of industry peers (4.8%). Reported Earnings • Sep 27
Full year 2022 earnings released Full year 2022 results: Revenue: R76.1b (up 16% from FY 2021). Net income: R13.1b (up 270% from FY 2021). Profit margin: 17% (up from 5.4% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 2 years, compared to a 9.7% growth forecast for the Diversified Financial industry in Africa. Upcoming Dividend • Apr 13
Upcoming dividend of R0.50 per share Eligible shareholders must have bought the stock before 20 April 2022. Payment date: 25 April 2022. Payout ratio is a comfortable 8.6% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of South African dividend payers (7.4%). Lower than average of industry peers (3.7%). Price Target Changed • Mar 07
Price target increased to R158 Up from R148, the current price target is an average from 3 analysts. New target price is 16% above last closing price of R136. Stock is up 29% over the past year. The company posted earnings per share of R6.28 last year. Upcoming Dividend • Nov 10
Upcoming dividend of R0.60 per share Eligible shareholders must have bought the stock before 17 November 2021. Payment date: 22 November 2021. Trailing yield: 0.7%. Lower than top quartile of South African dividend payers (7.5%). Lower than average of industry peers (4.2%). Price Target Changed • Sep 29
Price target increased to R148 Up from R132, the current price target is an average from 2 analysts. New target price is 8.7% above last closing price of R136. Stock is up 44% over the past year. Reported Earnings • Sep 24
Full year 2021 earnings released: EPS R6.28 (vs R3.73 loss in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: R65.8b (up 20% from FY 2020). Net income: R3.55b (up R5.66b from FY 2020). Profit margin: 5.4% (up from net loss in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance. Price Target Changed • Sep 23
Price target increased to R138 Up from R124, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of R136. Stock is up 56% over the past year. Price Target Changed • Sep 13
Price target increased to R132 Up from R117, the current price target is an average from 2 analysts. New target price is 12% above last closing price of R118. Stock is up 33% over the past year. Upcoming Dividend • Apr 15
Upcoming dividend of R0.30 per share Eligible shareholders must have bought the stock before 21 April 2021. Payment date: 26 April 2021. Trailing yield: 0.6%. Lower than top quartile of South African dividend payers (7.6%). Lower than average of industry peers (3.6%). Price Target Changed • Apr 02
Price target increased to R124 Up from R110, the current price target is an average from 2 analysts. New target price is 19% above last closing price of R104. Stock is down 17% over the past year. Reported Earnings • Mar 27
First half 2021 earnings released: EPS R2.21 (vs R5.32 in 1H 2020) The company reported a soft first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: R34.1b (up 7.9% from 1H 2020). Net income: R1.25b (down 58% from 1H 2020). Profit margin: 3.7% (down from 9.5% in 1H 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Mar 10
New 90-day high: R109 The company is up 16% from its price of R94.55 on 10 December 2020. The South African market is up 17% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Diversified Financial industry, which is up 8.0% over the same period. Is New 90 Day High Low • Feb 06
New 90-day high: R107 The company is up 18% from its price of R90.33 on 06 November 2020. The South African market is up 11% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Diversified Financial industry, which is up 22% over the same period. Is New 90 Day High Low • Nov 11
New 90-day high: R99.83 The company is up 9.0% from its price of R91.42 on 13 August 2020. The South African market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Diversified Financial industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share. Is New 90 Day High Low • Oct 24
New 90-day high: R98.51 The company is up 7.0% from its price of R91.90 on 24 July 2020. The South African market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share. Major Estimate Revision • Oct 01
Analysts update estimates The 2021 consensus earning per share (EPS) estimate was lowered from R18.37 to R6.59. Revenue estimate was approximately flat at R34.9b. Net income is expected to grow by 351% next year compared to 11% decline forecast for the Diversified Financial industry in South Africa. The consensus price target was lowered from R166 to R110. Share price is up 7.7% to R94.02 over the past week. 
