CPI at R4609 trades on a P/E that's still above FirstRand and Absa despite slowing loan growth, which feels…by @bear_naidoo on $CPI

CPI at R4609 trades on a P/E that's still above FirstRand and Absa despite slowing loan growth, which feels rich for a bank hitting maturity in its core market. The dividend yield doesn't compensate for that valuation gap when you look at what the big four are offering.