1 year performances from the @JSE_Group listed asset management stocks $JSECML Coronation has had a roaring run latterly and has made new 52-week highs The surge in $JSEN91 Ninety One has also been strong and the stock has now pipped $JSESYG Sygnia as the top gainer in the sector year-to-date

$JSECML Steady increase in AUM for CML since Oct 2023 when they were at R602bn Currently at R676bn Every single update since OCT 2023 has been greater than the last. I believe its mostly due to an increase in the assets they hold and probably not new inflows Still bodes well

There are 5 shares in the JSE ALSI (ex Property) that are trading below a 7x P/E ratio and a 7% dividend yield: Tsogo Sun $JSETSG African Rainbow Mineral $JSEARI Coronation $JSECML Kumba Iron Ore $JSEKIO Exxaro $JSEEXX

Coronation Fund Managers AUM Update #Coronation Total Assets Under Management (AUM) as at 30 September 2024 was R667 billion. (BLOOMBERG / JSE SENS) $JSECML #CML

Having a quick look at the asset management sector. Is there a share price catch-up opportunity in plain sight? Fee and asset management performance should bake higher in the period given the ALSI's 18.2% run year-to-date Yes, concerns over AM outflow due to two-pot system The two players I monitor $JSECML Coronation and $JSESYG Sygnia have divergent share price trends #CML is the largest listed pure AM and had a tax issue, now resolved and latterly a special dividend, kicking #CML higher However, to me #SYG looks like a stock that should play catch-up At last results H1 2024 AUM was R341.3 billion. HEPS rose 9.7% to 100.7 cents per share with a dividend of 90 cents With FY2024 results to September ahead and much of the ALSI's rally in #SYG H2, I'd wager the forthcoming results should look pretty reasonable Could #SYG yet positively surprise the market? At 2030 cents given the differential with #CML I can see some catch-up coming Just my opinion. Yes, I own #SYG have done since IPO. I'm sure the chartists may a view on the #SYG chart too @Richards_Karin @_Lester_Davids @DilBradly

$JSECML Last day to trade CML cum dividend is Tuesday 10 Sept 2024 153c per share 122.4c minus the taxes.

Special dividend of R1.53 from Coro. We knew it was coming, didn't expect it so soon💰💰 $JSECML

$JSECML Special div on CML as expected due to the resolution of the tax matter. 153c special div Together with better earnings due to the market uptick this bodes well for CML Share I like and hold for short/medium term

Listed asset managers moving high as a geared play on #JSE & the GNU $JSECML Coronation moving to a new 52-week high as its tax case is behind it & market anticipates the provision made to be reversed and paid as a special dividend

$JSESYG Sygnia H1 2024 dividend 90-cents just hit accounts Also geared play to @JSE_Group just like $JSECML Coronation Both stocks I own with good dividend yields

*CORONATION: CONSTITUTIONAL COURT RULES IN #CORONATION'S FAVOR $JSECML Share Price up 4.5%

Coronation wins their case in the ConCourt against SARS. They had previously provided for the R794 million in taxes and interest. Will they now pay this out as a dividend? $JSECML

$JSECML Coronation wins against the massive SARS tax claim in a verdict from the Constitutional Court earlier A cloud is lifted from #CML and stock 4.35% post CORONATION FUND MANAGERS LIMITED – Constitutional Court judgment and withdrawal of cautionary announcement moneyweb.co.za/mny_sens/coro… via @Moneyweb

BIG day for $JSECML Coronation tomorrow Friday 21st June as the Constitutional Court rules on its tax case against SARS Ruling expected 10.00am Roulette wheel here....many crossing every finger & toes it goes the right way for #CML

With $JSECML Coronation hitting a new 52-week high today, I thought I'd plot the three main listed asset managers on @JSE_Group All are performing well. YTD the JSE All Share is 3.38% & Top 40 3.64% so the three are outperforming

$JSECML This is absurd Im hoping I havent read the SENS correctly It looks like small shareholders will be paid out via a dividend This means they will pay TAX on the payment. DWT is 20% They will therefore receive a 10% premium on the share price but take a 20% tax haircut!

The $JSECML #Coronation share price shows their success. Down over 70% since December 2014.

$JSECML - Coronation: Is That A Double-Bottom Forming? 📈📉💹📊 via ➡️ alerttrade.us dlvr.it/SsWmfR

$JSECML I think enough people have commented on the finer points of the SARS issue. My Question: Am I dreaming or was CML trending lower for a bout 2 or 3 days leading into that fateful SENS announcement? Were certain insiders with knowledge selling before the news?

$JSECML Disappointed in Coronation. No indication of the Rand impact of tax ruling. The mysterious Note 6 (below) once dug out, gives little info. Thing is, this is a Supreme Court of Appeal ruling, not some lowly tax court. Impact presumed at least value of div but could be more