I agree.
The only point that was being made by another poster and which I subscribe to, is that the continuing growth of the Zameen business alone may be sufficient to bring FDV to profitability and justify current and higher SP.
This provides us SH with a buffer in case the other FDV businesses which are less secure, end up going under.
Of course nothing is guaranteed and this is not financial advice, etc, etc.
Ann: FDV LATAM strategy update, page-20
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