Ann: AGM Presentation, page-8

I still hold. Market share remains solid. Strong growth in non traditional sectors too. I'd say they are sacrificing some loans to focus on the new stuff as there are better margins.

I don't get too worried about the price. It is a very thinly traded company so the price is more a reflection on what the 20 odd people trying to sell shares right now think FSA is worth and not all holders. Also, many holders are worried about their profit this year rather than over the next 5-10 years and as can be seen in their presentations, profits move up and down from year to year but upward over the longer time frames

I personally am thinking about buying more over the next year.