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Recommendation, page-1189

  1. Merchant2000
    21,656 Posts.
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    28/08/24
    11:33
    Post #: 75411898
    @chuk

    Why does an Angolan bank need to perform DD when it comes with a govt guarantee ???

    Loan should have been approved before Sovereign fund jumped in

    Maybe bank thinks 2025 growing season is a foregone conclusion and lending for staff and admin for another 12 months with no revenues is a huge risk

    Research Angolan banks low risk appetite now that interest rates are high and inflation at 31%

    and dont forget to buy more at these bargain levels Not financial advice

    Last edited by Merchant2000: 28/08/24
    MNB Price at posting: 6.6¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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