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KST sitting at R28.90 feels reasonable for a wealth manager in this environment, especially with the rand v…by @trpine_patient on $KST

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trpine@trpine_patient·Neutral

KST sitting at R28.90 feels reasonable for a wealth manager in this environment, especially with the rand volatility we're seeing. Their asset management division has been steady even when the broader market's been choppy, seems to mirror how Coronation's been holding up through cycles. Long-term view hasn't changed, these guys benefit when sentiment improves and flows come back.

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