I think FSR is a real steal at their current share price. I am of the opinion that Monday morning could be the last time to get on the FSR bus before it starts an upswing. If Market conditions move in favour of Financials, there could be lots of money to be made since all their dirty laundry has been out in the marketplace for days now. Things can only improve.
Yes I think we must start the bottom feeders club. Im sitting in cash just waiting to pounce the moment things really seems desparate. Big question is? Will we see another mayor drop this year? Seems like the market has gotten used to bad financial data.
steal it i shall,buy it no....too much negative sentiment towards banks at the moment...in their report they say that they lost R750 million on a share transaction going against them,don't explain how....their interim is Friday LDT....usually shares falls after that date...DON'T GET ME WRONG.... i like FSR and wil continue to buy installments every year about three months before their Final,but should be able to get in at a much lower price!