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Community


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Online Share Trading

Engage and learn about markets and trading online

future Growth and customer base

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genie2b
Frequent Contributor
Seems that if Absa and Standard Bank will lose a few 1000 customers with the announcement of Solidarity, it would seems that First Rand will be a good investment...:)
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4 REPLIES 4
bangbul
Regular Contributor
Maybe they are more after the bussiness of growing black middle class than that of solidarity?
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genie2b
Frequent Contributor
Doing the day dreaming thing...if FSR jumps to 40 or 60 rand within a year...after getting the additional 100 000 customers...I would not complain. It does intrigue me that for the last few days FSR did grow over 3%, keeping in mind that the previous two years there was always a very nice jump in the share price.
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genie2b
Frequent Contributor
I'm just loving the jump in FSR now...was a week in Skeleton Coast, what a nice profit to come back to...:)
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SimonPB
Valued Contributor
lets be wild ands say FSR picks up 100,000 new customers and each customers earns them a clear R1,000 per year (highly unlikely but the math is easier) .. They make a net R100m extra per year .. how much did they make last year ?? is an extra R100m of any significance ??
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