In October 2021, when Transaction Capital was trading at about R42 per share, our price target was R48. That was reached by January 2022, and it would have been a good time to take profit because the share ran out of puff this year.
It’s difficult to put Transaction Capital in a particular box. If you’re tempted to compare the share’s performance to the FINI 15, its 13% slump in the year to date looks poor, since the index is up nearly 6.7%. Focus on WeBuyCars and it looks even worse, since sector peers Motus and Combined Motor Holdings are up 9% and 12.5% respectively...
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: