2 Sep 2024
$JSESLM - Investors didn’t like that .. maybe over paid ?
2 Sep 2024
Breaking: SANLAM buying 25% of Tyme Bank for > R2 billion is a really big deal. 1 It validates the challenger banking model. 2 It shows that bancassurance is alive and well. And 3 it provides ARC with firepower to keep investing in startups.
1
1
9
2,407
24 Jun 2024
Is this recent JSE rally driven by post-election sentiment? Tune in for technical insights on $JSEABG ABSA, $JSEDSY Discovery, $JSESLM Sanlam and $JSETRU Truworths for single stock clues. Catch me live on @BusinessDayTV between 13:00-13:30. Charts powered by @tradingview
2
185
14 Jun 2024
1
10
6
1,540
12 Jun 2024
An Easy basket of MSCI related names would be where passives would direct flows - easy 5 names would be - $JSESLM, $JSEBVT, $JSEBID , $JSESBK, $JSEMRP
12 Jun 2024
Morgan Stanley and Citigroup going Overweight SA names.
Over R1trn has already been sold by foreigners over the last 5 years I’d wager. If the flows return we will see an epic squeeze in big Top40 names the likes that we haven’t seen since “ Ramaphoria “ !!
7
1,090
11 Mar 2024
Sanlam $JSESLM cut to Underperform at Avior with target price of R78 (5.3% implied upside).
Share price is up roughly 44% from its 52 week low.
Looking at other sell-side analysts (JPMorgan and Morgan Stanley) not much left in this one. Only Barclays with a price of R89 showing some decent upside.
1
3
720
10 Oct 2023
$JSESLM Sanlam - Looking strong. Perhaps a quick move to 70? Stop loss = daily close below 64.
1
1
1,650
7 Sep 2023
Solid update on Sanlam's $JSESLM interim results for FY2023.
So much detail with these insurance companies you will need a blue tick to get it all in one tweet 🤣
7 Sep 2023
Sanlam 🔵 posted a solid set of results for HY '23, as improvements in equity markets 📈 and a weakening of the rand 💸 boosted H1 returns.
◉ Net results from financial services 26% to R6.2bn (Santam 83%) ☂️
◉ New biz volumes 19% to R191bn (General insurance 10%, Investment man. 28%)
◉ Headline Earnings 117% to R7.5bn
◉ HEPS 118% to 339c
◉ ROE 12% (H1 '22: -2.8%)
It expects H2 '23 to be similar to H1, as it focuses on consolidating acquisitions (Afrocentric), JV's (Allianz), and expanding growth.🌍
Shares have been making 52-week highs 📊
4
527
4 Sep 2023
Doubling of profitability from Sanlam $JSESLM in their interim trading update:
31 Aug 2023
Sanlam $JSESLM trading update for first half of the year came in strong.
- HEPS expected to increase between 113% - 123% y/y
- EPS expected to increase between 50% - 60% y/y
The group has applied IFRS 17 and has restated 2022 numbers for comparative purposes.
1
2
382
31 Aug 2023
Sanlam $JSESLM trading update for first half of the year came in strong.
- HEPS expected to increase between 113% - 123% y/y
- EPS expected to increase between 50% - 60% y/y
The group has applied IFRS 17 and has restated 2022 numbers for comparative purposes.
1
2
12
1,341
18 Aug 2023
South African Competition Tribunal has conditionally approved the proposed merger between Sanlam $JSESLM subsidiary Sanlam Emerging Markets and Allianz Europe which will form jointly controlled Sanlam Allianz Africa, a pan-African life and general insurance company (non-SA).
1
3
14
3,016
7 Aug 2023
Also reinstated coverage of Sanlam $JSESLM with a recommended underweight.
Target price of R61.85, previous close of R66.33 (implied downside of roughly 7%).
1
1
2
347