great report with more to come, page-6

I don't hold but have been watching KBC and it's business and reports and wonder why the market goes one way and the reports indicate the other. (other than recent head with creditor).

PE of 3.5 or thereabouts, below NTA on market by a country mile, and dividends to boot.

Why isn't there a stampede on something like this? Easy to point at a few things, but income from investments is income.

Even Comsec made an analysis on them recently in a favorable way.