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Shares / Re: Finbond ??
« on: September 21, 2016, 12:19:33 pm »
Definitely bargain prices at the moment! Its touched the lowest point of the last 3 years. With current EPS of round 13c (after trading statement), R2.60 would only be at a PE of 20. This share has traded upwards at a PE of 60 before and with potential in North America I think fair value is at least R4. Note that directors and major shareholders excercised their rights at R3.35 almost 30% above current prices. I picked up a chunk over the last week. No brainer.