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KST sitting at R28.90 but wealth managers getting hammered on rate uncertainty. If rand weakens further and…by @jse_tttrading on $KST

TT
TTT Trading@jse_tttrading·Neutral

KST sitting at R28.90 but wealth managers getting hammered on rate uncertainty. If rand weakens further and offshore flows dry up, their advisory fees take a hit. Long-term view hasn't changed though, emerging market money management will recover when inflation normalises. I'll keep holding as long as it takes, valuations are reasonable for the sector.

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