Back to $CPI

I need to flag something on the credit impairment side. Capitec's stage 2 book has been creeping up on the…by @pedant_pete on $CPI

PE
Pete van W.@pedant_pete·Neutral

I need to flag something on the credit impairment side. Capitec's stage 2 book has been creeping up on the back of load-shedding stress, and if that doesn't ease in the next two quarters the coverage ratios get interesting. At 4684.93 the price assumes things stabilise, but the deposit margin compression is real too. Still holding but not adding here.

View