I totally agree.. @ R24-00 OML was truly a dog.. but at R7-50 trading at NAV with a mountain of cash and a PE of 3.5 i am not too sure it is not a buy.. at R7-00 i will certainly be in boots and all... time will tell, i think many will look back at the end 2008 start 2009 and say phuck there was bargins to be had.. OML, PPC Reinet, RMB, Northam, and Pick n Pay at these prices and ratios we will not see for many a year, if ever.. remember The Sage.. Warren Buffett.. when most are hopelessly brave be afraid, but when most are afraid be brave, there are lots of punters who were blindly brave a yr ago who are very afraid today.. i am not one...:)
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