BYI sitting at R80.28 and people still crying about margins. Look at what Bytes is doing in the enterprise distribution space, that's a sticky moat once you lock in corporates. Revenue growth is there, cash conversion is improving, and we're not even at scale yet on the software side. This is a 3-5 year hold minimum if you can't handle the lumpy quarters.

BYI closed at R80.28 but the distribution game is brutal right now, margins getting squeezed everywhere. Need to see better leverage on their solutions side to justify the price, not just shift boxes. Watching how they perform against the big offshore players who are starting to circle SA harder. Fundamentals matter more than the technicals on this one imo.

Good morning everyone. BYI closed at R80.28, still down from those highs earlier in the year. Margins in IT distribution are thin so the real question is whether they're winning market share off competitors or just treading water. Worth reading their latest sens to see if pipeline is actually building.

BYI's distribution model puts them in a decent spot versus pure software plays like Altron, but the margin compression on hardware keeps me watching closely. If they can shift more revenue to services and recurring contracts like Datatec's managed offerings, the R80.28 entry looks reasonable for a 3 to 5 year hold. Local IT infrastructure spend should stay resilient even if the rand wobbles, and load-shedding paradoxically drives more cloud migration. Positioned perfectly for that shift if management executes.

MPT BOUNCING BACK FROM LOWS, PACKAGING ALWAYS NEEDED NO MATTER WHAT!!! GUYS FORGET THE NOISE, THIS THING PRINTS CASH WHEN FMCG RUNS. R20 IS NOTHING, WE'RE HEADING TO R35 EASY IN 2-3 YEARS. BEST IS YET TO COME!!!

rand weak, packaging demand weaker. R19.60 is just noise tbh

Good Morning Everyone, MPT closing at R19.60 means were sitting just below that R20 resistance. Corrugated volumes have been under pressure since load-shedding killed retail footfall, but the solid board and plastic film divisions are holding better margins. Long term the packaging demand in SA won't disappear, just cyclical right now.

Look, everyone crying about the rand weakness and load-shedding hitting volumes but Mpact's got real assets, real cash flow, and they're not burning money like some JSE darlings. Yeah the packaging cycle is cyclical but at R19.60 you're getting a business that actually prints money, not a promise. Bears always miss the rebound.

iso holding up ok given the rand weakness and rates staying higher for longer. medical isotope demand stays steady even when macro gets dodgy, that's the thing. long-term view hasn't changed, just feels like a wait and see until we see what load-shedding does to their production costs next year.

ISO sitting at R110.35 and honestly the medical isotope play is solid long term but we need to see actual revenue growth from new contracts. Company's got the tech and the market demand is there with all the hospitals needing these products, just needs to land some proper deals to justify the valuation.

iso closing at r110.35 is cheap for what they do in medical isotopes, especially with load-shedding making local supply unreliable. few companies have the regulatory moats iso has got, positioned perfectly for when pharma and hospitals need reliable local sourcing again.

Not sure about this one ngl. ISO sitting at R110.35 but where's the actual revenue traction. Medical isotopes is solid long term but need to see the numbers actually moving, not just the story.

MMP sitting at R28.89 is lekker value if you're looking at the property side plus the international portfolio mix. Not many JSE stocks give you that diversification across UK, Europe and US equities plus SA commercial real estate in one ticket. Long term holding this is decent, beats trying to pick individual counters.

mmp sitting at r28.89 with that property and import portfolio is basically a vehicle for someone who cant be bothered picking stocks themselves, which is fine if you believe the rand tanks harder. trouble is they're competing with etfs that charge a tenth of the fees. property side is dead weight unless load-shedding somehow fixes itself by magic.

MMP's property portfolio is seriously undervalued imo

mmp sitting at r28.89 and the property portfolio plus those import distro arms actually give you real assets backing the price, not just hot air like some of these other holding cos. ngl if the rand stays reasonable the offshore equities should keep feeding it, long game play but beats sitting in cash hey.

RNI closed at R475.00 and honestly the diversification across financial services and African plays is what keeps me here. Not sexy like a pure play but the portfolio's doing heavy lifting when you look at what they're holding. Been beat up enough that valuation's starting to make sense vs the asset base underneath.

RNI sitting at R475.00 feels cheap for a holding company with that portfolio depth. Diversified plays across SA financials plus African exposure, not many other vehicles give you that spread without the drama. If rand stays wobbly this could be the express train for offshore hedge types. Big dogs dont cook they eat.

rni at r475 is looking solid tbh, that nav backing is legit and you're getting exposure to some decent financial assets without the single stock risk. been holding for a while and the dividend helps too. plenty of upside if the rand steadies and those underlying businesses keep performing.

Been reading through the latest RNI statements. The underlying portfolio value is there, you're basically getting a bundle of decent quality financial services assets at a discount to NAV. Management hasn't been flashy but the capital allocation into those African plays has quietly added real optionality over the last few years. Question is whether the market ever reprices this thing or we're just collecting dividends waiting for a catalyst.