Cheers mate, I will have another go at the point that I was...

Cheers mate, I will have another go at the point that I was making before- and I think that we have some common ground.

All else being equal, as an SP decreases the risk decreases. From time to time the market is updated on earnings and forward guidance. If a PE is low and enterprise is less than market value- like we have here- it is more than a hint on overall risk and headwinds.

So, where am I taking this, the SP as it feeds into PE and MV compared to EV is very attractive on a risk and reward situation. But the business headwinds that it reflects- debt, Africa and the macro- are real and should make investors pause and reflect.

The macro has provided many companies that are a bargain- perhaps less of a risk and reward- and could be less of an existential threat to shareholder wealth.

Something like that. Perhaps still clear as mud?

But I may still buy it again- but I do not need to with other bargains available that do not frighten me as much.

Rambling post over.