The dividend is real enough but you're buying a mature bank at peak multiples with load-shedding eating int…by @sceptic_pieter on $FSR

The dividend is real enough but you're buying a mature bank at peak multiples with load-shedding eating into commercial lending demand. NIM compression isn't going away and Wesbank's growth is bumping up against saturation in the vehicle finance market. FSR's a keeper for income but this isn't a value play at 95.87.