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The Denker Capital podcast

Feedback on some of SA’s largest financial institutions

November 15, 202221 min · 3,868 words

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businesses that were marginal, that were leveraged, that were running low on stocks, were just making it in the end fell over. So the system is a lot stronger and businesses have adapted.
They've all spent a lot of money on digitizing their businesses, as they call it, end-to-end refreshment. So, yeah, there's manual systems and the labor-intensive systems have been taken out.
they valued the business in the JV in India at three times what Momentum is currently holding it on their books at.
they earn underwriting margins of sort of 10 to 20 percent, whereas you get Suntang who's typically targeting 5 to 10 percent.

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