Sufficiently Philanga....thropic wrote:Very true @vvs and @young.
Trading at GFC lows of March 2009 as seen below

It's nice to profit growth, etc but unless the share price increases and we are in a position to sell it means nothing.
Cash is reality. We can deploy the cash elsewhere.
SCBK cannot grow beyond Kenya since StanChart (Parent) has businesses in other countries in Africa. It's like ABSA Kenya.
So the motivation may be to grow sustainably within Kenya vs expansion into the region like Equity.
Equity for "growth" and retirement!
SCBK for (regular) cashflow in the near future.
*Another for cashflow is BAT
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett