#BROKER #RATINGS #CHANGES #JSE #SOUTHAFRICA $JSEMTM $JSEOMU MTM SJ - Momentum - RAISED TO Overweight, Target Price: R47 OMU SJ - Old Mutual - CUT TO Equalweight Target price: R17

#BREAKING: SA Pauses NHI ACT Pending Court applications $JSENTC $JSELHC $JSEDSY $JSEMTM

Nice list from Anchors 2026 Market slides: Best Midcap ideas: - $JSEPMR ✅ - $JSEOPA ✅ - $JSEKAL. ✅ - $JSEBLU ✅ I would have personally included ( we like 3/4 of the above ) - $JSEIOC - $JSEJBL - $JSEBTN - $JSEMTM

Morning Espresso shot - $JSESOL - looks like a BEAT on FCF - R12bn vs R10bn ( exp) - $JSEMTM - looks like a clear BEAT with guidance of 40-45% increase , exp R4,47. - MSCI Rebalance on Wednesday !! Decent selling in $JSEAPN / $JSEAFT and $JSESPG. While decent buying 150m Shares in $JSESSW and roughly 12m to buy in $JSEBLU ( Addition )!!!

Shares on the JSE trading at a 52 week high: - Blue Label Telecoms $JSEBLU - Momentum $JSEMTM - OUTsurance $JSEOUT - Vodacom $JSEVOD

Market really enjoying the Momentum $JSEMTM results. Analyst commentary: JPMorgan (neutral, PT 30.40 rand) - H1 earnings are in-line with pre-guidance and well ahead of consensus expectations. - MTM’s interim dividend beat consensus expectations and achieved a “robust” ROE.

Decent interim results from Momentum $JSEMTM this morning - in line with the strong trading statement. Board approved another R1 billion share buyback program. Prior R1 billion share buyback program announced at FY2024 results was largely completed by Feb. 5. They move quick!

Not much gains coming from the SA Insurers according to Morgan Stanley. Momentum $JSEMTM cut to equal-weight; target price R30.76 (implies 7.4% upside from last price). Sanlam $JSESLM raised to equal-weight; target price R91 (implies 13% upside from last price).

Banked more Swings today! $JSENTC / Balance $JSEMTM / Half at R26,38

Big win on $JSEMTM for us …. $JSEABG not far behind

#JSEMTM almost a free #dividend play

$JSEMTM - Momentum Met Hldgs: Classic Trend Change dlvr.it/SyLNRr 📈📉💹📊 via ➡️ alerttrade.us

Check out my $JSEMTM analysis on @TradingView: tradingview.com/chart/MTM/bv… Momentum stock finally has some momentum. This could be a significant long-term trend change.

Momentum $JSEMTM full year results looking strong:

Momentum $JSEMTM full year results for 2023: - Net income R4.33 billion, 17% y/y - Adjusted EPS R3.423 vs. R2.872 y/y - EPS R3.133 vs. R2.606 y/y - ROE 22.3% vs. 22.7% y/y - Value of new business R600 million, -4.2% y/y Healthy increase in dividend from R1.00 to R1.20 y/y

Momentum $JSEMTM up on their strong trading update for FY2023 - EPS expected to increase between 15% - 25% y/y (300 cents to 325 cents) - HEPS expected to increase between 2% - 7% y/y - Normalised HEPS expected to increase between 15% - 22% y/y Share price up 5%!

LISTEN to Sharenet portfolio manager Dylan Bradfield @DilBradly for the latest sector rotation BUY opportunities like $JSEOUT, $JSESLM, $JSEOMU, $JSEDSY, $JSEMTM open.spotify.com/episode/5MY…

Stocks breaking 200 SMA - $JSESUI and $JSEMTM ! Quarter end selling becoming very evident!

JSE Financials index falls a further 2.8%. This is not SA specific. Led by a plummet in European financials (-6%) as risk around Credit Suisse intensifies. I’m still avoiding our banks but holding Old Mutual $JSEOMU Momentum $JSEMTM and the JSE $JSEJSE.

We unpacked $JSEDSY $JSEMTM $JSEOMU $JSESLM on @BusinessDayTV Charts powered by @za_tradingview youtu.be/3UJnTygmSDg