Aiming for 2030 , my first real long term asset purchased at $5 .
Why this Bank . Two excellent reasons have led me to this share`s doorway .
Firstly , always buy at the time of most fear , box ticked . Dilution done , box ticked .
Now , the future , as I am sure you are aware NBG is connected to Turkey , as I assume within ten years Turkey will become part of the wider European community , there is huge profit to be made here for us long term Nannies .
As , for valuation , we will let the market decide , currently I have a medium term target of $17 , dependant of course on no break up . That will only increase if good / bad bank scenario comes into play . Which I doubt will occur .
Of course , you are going to need to be very patient with this share . Good luck all my blog followees .
and may your prophet go with you ,