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

  • Writer: Lester Davids
    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




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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

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