@Fyatu - The past is the past so for now forget about what price you bought the shares.
Let's look at the current price of 62/-.
At 62/-, the market has fully discounted DIRECT and KNOWN losses from Nakumatt and Tuskys.
Mambo za watu wengine, as much as it hurts, is not an issue for DTB shareholders UNLESS they owe money to DTB. What DTB needs to do is investigate those who have borrowed from DTB and are stuck with Tuskys debt.
E.g. Acme Limited supplied Widgets to Tuskys. Acme borrowed 1mn, imported raw materials and manufactured widgets it sent to Tuskys. Tuskys owes Acme 1mn and is not paying. Ouch.
DTB needs to follow up with Acme but also NPL the 1mn if Acme is struggling to pay. Acme may pay, but slowly from Acme's profits from sales to Carrefour, so there may not be a need to provision the full 1mn.
NPLs = There is a possibility of the loan going bad. A balance sheet item.
Provision = A certain % of the loan has gone bad or very likely to go bad. BUT the bank can wait patiently, restructure/renegotiate or go to court for breach. It shows up on the P&L and Balance Sheet (Look under Disclosures)
Write-off = Bank has given up. It cleans up the Balance Sheet. There is no "loss" on the P&L but the Balance Sheet shrinks.
*There are accounting conventions.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett