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Messages - EjazMahomed

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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.

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Shares / Finbond ??
« on: September 19, 2016, 03:29:01 pm »
Anyone have a view on Finbond?  Currently at R2.70 with a large institution backing.. Highest for the year is R5 and trading update recently mentioned up to 45% increase in EPS.  New business roll out in North America as well to diversify holdings and lower risk as well.

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