Coronation Fund Managers: Potential For Upside Continuation / Previous Trade Target Reached
- Lester Davids

- 5 days ago
- 1 min read
Research Notes May 2026 > https://www.unum.capital/post/rmay2026
Trade Local & Global Financial Markets with Unum Capital.
To get started, email tradingdesk@unum.co.za
NOTE: When Published Intraday, Prices Are Delayed By 15 Minutes
The share reached our target in November and has since been consolidating with a medium term topping-like structure. A break above 4760c would invalidate this structure and set up a continuation trade. CML is beneficiary of rising global markets.

Previous Post (November 2025):
Coronation Fund Managers: Take Profit. Full Target Exceeded + Updated View







__________________________________________________________________________________
Previous Post (05 August): Coronation Fund Managers: Re-Test Prior Breakout Level; Looking For Upside Continuation (Trading at 6x Trailing Earnings & 10% Dividend Yield)
Initial idea at 3125c in January 2024. Now trading 4168c (+33%)

JSE ASSET MANAGERS: Strong Gains For Quilter and Coronation Fund Managers - Wednesday, 17 July 2024
UPDATE: Since publication of both views:
Quilter Plc has gained +37% (8 months)
Coronation Fund Managers has gained +22.9% (6 months)
The original charts (time-stamped) are shown below:
Quilter Plc (QLT)

Coronation Fund Managers (CML)

To trade, or open a new account, contact the Unum Capital Trading Desk: E-Mail: tradingdesk@unum.co.za | Call: 011 384 2923
Lester Davids
Senior Investment Analyst: Unum Capital




Comments