Dog

[Rams]

Cat?

[THRESHOLD]

If the collar fits...

[kwagga]

South African banking group Standard Bank (SBK) has been recognised as the Best Investment Bank in China for 2011/2012. This was announced at the recent China Outbound Investment Summit 2012‚ held in Beijing. - This is a pretty "kick-@ss" achievement if you ask me. If there is any place in the world where you want this label it's China. Well done SBK !!

[THRESHOLD]

Well..it doesn't hurt their chances that they have a hefty chinese investment. They have been dumping their overseas investments apparently to focus on Africa. These "awards" are meaningless from an investment poiny of view. Personally - I can see no reason to buy our big 4 banks at this point; BUT I speak from an investment point of view. Tders will have their own views.

[THRESHOLD]

Should read: "Chinese investor." Also: just to be clear - this is not for any investment in CHINA! It's for work in salvaging STD's toxic position in METOREX and selling it at a knockdown price to CHINA; for sinking funds into comrade Ramaphosa's Shanduka and securing a BEE partnership in South Africa for CHINA; and for work in Nigeria to propagate the Renminbi in Africa for CHINA. So the label is really pretty meaningless. These were all to the benefit of China - so that is all this is about. It has nothing to do with Standard Bank's performance for, or value to her shareholders.

[kwagga]

Thanks for clearing that up.

[kwagga]

By the way, I'm not propagating buying big 4 banks right now. They're in historic terms expensive.

[striker]

- Saw on E-TV , the sheriff of the court ,executing an attachment order against Absa. They (the Red Scorpions) were busy loading a fleet of trucks ,with furniture being removed from Absa Head Office. This follows a judgement by the courts against Absa,

[striker]

#NAME?

[sponono]

there you are: the dog

[klapka]

Good call!

[kwagga]

What they're not mentioning is " We've lost a shaite load of customers to FNB and Capitec", but excuses will always be discreet as to not jeopardize the Exec's bonuses. This hidden retrenchment policy of their's and related PR disaster is also a result of what they've seen coming for some time now.

[Russ]

ASA is on strong support right now.

[sponono]

Agreed but the monthly RSI is diverging negatively. Its a wait and see game.

[#15]

I wonder what their personal loan book looks like in respect of bad or troublesome loans?

[Russ]

I don't see any divergence.Divergence from what?