Look, PPE took a hammering on the credit impairment side but the loan book is still growing and collections…by @replicant_2209 on $PPE

Look, PPE took a hammering on the credit impairment side but the loan book is still growing and collections haven't collapsed like the bears want to pretend. Compare this to where Capitec was in 2009 when everyone said game over, now look at them. We're a pre-revenue company in terms of where the turnaround lands, management knows the book needs cleaning, can't fix stupid but the assets are still there. This thing rebounds hard once macro stabilises.