REMRemgro - trading into a support zone, with a positive divergence as per the 7-day RSI.
Fundamentally, a 48% discount to NAV.
Also, a slight improvement in candle structure.
Next report date
Report period
H2 2024
EPS estimate
—
Revenue estimate
—
0.30EUR
466.76 MEUR
2.34 BEUR
515.75 M
About REMGRO LTD
Sector
Industry
CEO
Jan Jonathan Durand
Website
Headquarters
Stellenbosch
Founded
1940
ISIN
ZAE000026480
FIGI
BBG000CHBLS9
Remgro Ltd. is an investment holding company, which engages in the investment business. It operates through the following segments: Healthcare, Consumer Products, Financial Service, Infrastructure, Diversified investment vehicles, Media, Portfolio Investment, Social Impact Investments, Central Treasury, and Others. The company was founded by Anthony Edward Rupert in 1940 and is headquartered in Stellenbosch, South Africa.
REMThe share has started to find support off the provisional buy range.
My comment last week 02 April 2024 was as follows:
REM REMGRO - (1) Aggressive selling pressure but attempting to settle around multi-year support (it can fluctuate around this level) - down from 16300c at the beginning of the
Our opinion on the current state of REMJohann Rupert's Remgro (REM) operates as an investment holding company, boasting a diverse portfolio of investments. Notably, it holds a 28.2% stake in Rand Merchant Bank Holdings (RMH) and a 3.9% interest in FirstRand. Additionally, Remgro owns Mediclinic, an international healthcare company with d
Our opinion on the current state of REMRemgro, led by Johann Rupert, operates as an influential investment holding company with a diverse portfolio spanning various sectors. It holds a significant 28.2% stake in Rand Merchant Bank Holdings (RMH) and a 3.9% stake in Firstrand. Beyond its financial sector investments, Remgro's interests ex
REMGRO - Area of Interest The stock has pulled back to an area of interest after reaching a swing high of R164. (200ema)
The R151 - R147.50 is also the fib retrace zone for the last major leg up. I will be watching for a confirmation to go long here.
Note: Earnings coming up in March
Sideways to Bearish: Remgro's Price Action Anticipates a DipRemgro Ltd
Sideways to Bearish: Remgro's Price Action Anticipates a Dip
The price has demonstrated a sideways trend since 2021; however, given the current price action, it may potentially decline to the R120 region.
1.Price Formation: The price has broken out from an inverted cup&Handle (M formatio
Remgro falling wedge DailyRemgro is trading in the apex of its falling wedge pattern that has brought prices back to value into the support level of R138, longs are favoured with a 2:1 reward to risk ratio
REMGRO - Long IdeaThe stock has broken out of a down sloping wedge pattern and is likely to get support in the current buoyant market.
MACD crossover with a diverging RSI.
First hurdle to overcome with be the 200dma .
Stoploss below R141
#REMGRO bull flagging - buy here for an eventual breakout?Remgro is consolidating in the form of a bullish flag. I would look to buy off the bottom of this flag where the anchored vwap from May 23 lows come in at around R150 - short term target R171.50 if and when break above R160.00 occurs. Use stop loss at R146
Our opinion on the current state of REMJohann Rupert's Remgro (REM) is an investment holding company which owns 28,2% of Rand Merchant Bank Holdings (RMH) and 3,9% of Firstrand. But that is not Remgro's only investment. It also owns Mediclinic, an international healthcare company with divisions in Switzerland, Southern Africa and United
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Frequently Asked Questions
Depending on the exchange, the stock ticker may vary. For instance, on FWB exchange REMGRO LTD. O.N. stocks are traded under the ticker RE7.
REMGRO LTD. O.N. is going to release the next earnings report on Sep 19, 2024. Keep track of upcoming events with our Earnings Calendar.
Yes, you can track REMGRO LTD. O.N. financials in yearly and quarterly reports right on TradingView.
RE7 net income for the last quarter is −118.43 M EUR, while the quarter before that showed 275.14 M EUR of net income which accounts for −143.04% change. Track more REMGRO LTD. O.N. financial stats to get the full picture.
REMGRO LTD. O.N. dividend yield was 1.63% in 2023, and payout ratio reached 14.03%. The year before the numbers were 1.15% and 6.44% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, RE7 shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade REMGRO LTD. O.N. stock right from TradingView charts — choose your broker and connect to your account.
We've gathered analysts' opinions on REMGRO LTD. O.N. future price: according to them, RE7 price has a max estimate of 7.82 EUR and a min estimate of 6.31 EUR. Read a more detailed REMGRO LTD. O.N. forecast: see what analysts think of REMGRO LTD. O.N. and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. REMGRO LTD. O.N. EBITDA is 63.62 M EUR, and current EBITDA margin is 4.87%. See more stats in REMGRO LTD. O.N. financial statements.