Analysis of Pepkor Holdings (On Request)

Research Notes November 2025 > https://www.unum.capital/post/rnov2025

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Analyst's Disclosure: This following commentary was generated using artificial intelligence as well as the analyst's own data.

High Five :Pepkor Holdings Ltd

• Perfect Equilibrium: In a rare display of total indecision, all four momentum indicators—from the Ultra Short Term to the Base Term—are tightly clustered squarely in the middle of their respective "Neutral" bands.

• Synchronized Drift: All four indicators are also sloping gently downwards in unison. This indicates that the minor buying pressure from the recent rally has evaporated, but sellers have not taken control. The market is simply drifting.

• Complete Lack of Conviction: The absence of a single "Strong" or "Weak" signal across the dashboard points to a complete lack of conviction from both bulls and bears. This is the definition of a "wait-and-see" market.

• Range-Bound Price Action: The indicators perfectly reflect the price chart, which shows the stock has stalled its uptrend below the ~2800c level and is now caught in a sideways consolidation range.

• The "Coiled Spring": This state of total neutrality and low volatility often precedes a significant directional break. The market is building energy, and the first indicator to break decisively out of the neutral zone will likely signal the next tradable swing.

Core Thesis

PPH is in a perfect state of balance, resulting in a neutral stance. The recent uptrend has paused, and the market is now range-bound. The thesis is to remain on the sidelines, awaiting a confirmed directional break, as the current environment offers no clear momentum-based edge.

Comprehensive Summary

The momentum profile is one of the most neutral possible. All four timeframes are aligned in their "Neutral" zones, all pointing slightly down. This signals a non-trending, corrective, or consolidative phase. The immediate buying power has been exhausted, but no significant selling pressure has emerged to replace it. The stock is simply chopping sideways.

Multi-Timeframe Trend Analysis

The Ultra Short Term trend is NEUTRAL and sloping Gently Downwards. The Short Term trend is NEUTRAL and sloping Gently Downwards. The Mid Term trend is NEUTRAL and sloping Gently Downwards. The Base Term trend is NEUTRAL and sloping Gently Downwards.

Breakouts, Breakdowns, and Reversals (Recent Range Focus)

The stock is trapped in a well-defined short-term range. Bullish Continuation: A decisive daily close above the 2800c resistance level is required to signal that the consolidation is over and the primary uptrend is resuming. Bearish Breakdown: A daily close below the 2600c support level would break the immediate higher-low structure and signal a deeper correction.

Key Actionable Zones Immediate Resistance is clearly defined at ~2800c. Immediate Support is at the recent swing low near ~2600c. Action is not recommended until the price breaks and holds outside of this 200-cent range.

Lester Davids

Senior Investment Analyst: Unum Capital