good buy??

[jakon]

PE of 7.4 , earnings yield of 13.4 and dividend of almost 6%. This is all very good! Is this a good buy at this price or am i maybe missing something? Please give advise.

[kwagga]

Your missing the large exposure to the mico loan industry. The unsecure credit industry is according to some in some sort of bubble. The price is a reflection of what is expected 6 months to a year from now. It's cheap for a reason. Could be a value trap ?

[#3]

good time to get in dont get left behind

[cheapcheap]

agree

[WES]

I agree with kwagga, there is a reason why the PE is low, the market thinks your future prospects are not good, therefore current share price down, PE calculated taking Historical profit into account not future profits, hence low PE.

[Chopchop]

EXX was trading at similar PE a few weeks ago... look at it now... Market didn't price it that low for nothing.

[THRESHOLD]

As long as you believe that SA will live on - this looks very cheap. Steinhoff has taken control of it for a reason on must believe - perhjaps to pursue her African ambitions. It is really a specialist banking operation as much as it is a retailer. BUT - it can go lower - so - as always - the usual advice applies - ie. begin to accumulate when you see value and don't rush it.

[#8]

up by 7% Im getting out. will get after April