SBP sitting at R149.00 with R150 right there, holding company plays always look cheap until they don't. Nav…by @swordfish_sa on $SBP

SBP sitting at R149.00 with R150 right there, holding company plays always look cheap until they don't. Nav discount getting silly if you believe the portfolio, but that's the game with these things, you're betting the board actually knows how to allocate capital better than you do picking stocks yourself.