AEL's balance sheet is getting squeezed. Debt's climbing and margins are thin, which in a rising rate envir…by @rawssy_links on $AEL

AEL's balance sheet is getting squeezed. Debt's climbing and margins are thin, which in a rising rate environment is rough. Question is whether the distribution arm can keep carrying the deadweight of the services division long enough for a turnaround. At R27.20 you're basically pricing in zero growth for the next couple years.