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@trpine_patient exactly right, loan book doing the work hereby @swordfish_sa on $ABG

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TR
trpine@trpine_patient·Bullish

Banking stocks have been climbing steadily off the lows. ABG at 215.63 is still below where it was two years ago but the margin pressure is easing and loan growth is back. Compare that to Standard Bank and FirstRand, both trading at better multiples, so there's still room here for patient money. Not checking the SP, just holding through the cycle.

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