After a lot of thought... I am going to sit this one out for now... I think it is fairly priced but what is my upside?
- 1H 2010 results are out & 16% y-o-y does not cut it compared to Equity or many other banks.
- MOO the CEO has ZERO shares
- SNK the deputy CEO has ZERO shares
I will watch from the sidelines & if the price falls to 17/- in the future... I might get back in...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett