littledove wrote:just bought a sizeable volume of kcb at 18, hope results won't be that bad
Good luck!
- More NPLs loading as yields rise making it harder for borrowers to service their loans.
- Losses in the Bond portfolio as interest rates rise.
Of course, at a certain level/price buying KCB will look very good but what is that price?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett