Its not time to exit this counter. Hang on till 60. exit date is jan 2015

Equity will go into the market for more money, most likely a rights issue, to fund expansion into other countries (DRC,Nigeria, Ghana, Zambia) wait for this. I am buying more stocks. Most of their lending is to SMEs hence higher interest rate charges as compared to government lending. The lend out 80% of the value of deposits so in my view they are doing great. Perfect choice for long term investors

2 years later [the above post was written on 8 Sep 2014] and how the market has changed with the Interest Capping Amendment.

When fear is greatest it's indeed the time to buy. Do your analysis by finding out how much of the revenue will be eroded due to capping of interest rate and re-value Equity. If the price goes below your new value..confidently buy.

got over 600k paper loss in my account from just this stock only, but i still can't find anything better in banking sector apart from KCB maybe. The stock market and govt have been brutal to me ....however on the bright side, my dividend yield based on my average buying price keeps rising which was my main aim at the end.