Upishi of results on another level

It's a free market but I wish Minority Shareholders had held onto their shares instead of selling that at 95 (incl the FY 2017 dividend) to SAHL.

If Stanbic can make 15/- (EPS) then at 90 that was 6x PER which is "cheap" in my book. Within 2018, the DY would be a decent 7.5% which is better than 1-year FDR from most banks including Stanbic.

I am pragmatic. I expect to sell out of Stanbic in the future when SAHL comes calling but they need to pay a fair price not 6x PER or 0.9x BV.

Interim received pap!

They sent me the docs. I went through them. I pulled up 1Q results for Stanbic Bank. Took a look. I looked through the tender form. And promptly tossed it out.