EasyStreet

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.

Man WEZ at R0.55 is basically penny stock territory now. Thing is, if they actually get that mine going the upside is stupid big, but we're talking years and a ton of capex they gotta find. Compare that to Impala or Anglo's plat division, those guys are actually producing, WEZ is still in development mode. I'm holding but not adding, can't afford to throw more at this if it goes sideways again.

Rand's been getting smashed lately, sitting around 18.50 range last I checked. Problem is our lot keeps voting for more chaos so money keeps fleeing, pushing dollar higher. Ngl if you're holding rand exposure you're just watching it bleed out over time, might as well own the actual rand hedge stocks instead of fighting the currency headwind.

all my junk is red but sre's actually held up ok considering the rand's been hammered. the yield's decent and european logistics aren't going anywhere with all the online shopping, but yeah you're basically waiting for either the rand to stop being garbage or for them to grow the portfolio fast enough to make up for currency drag. dividend's safe at 1.2x coverage so at least there's that.

Fixed-line revenue is honestly the problem nobody wants to fix, they just keep throwing capex at fibre hoping mobile saves them lol. Vodacom's eating them alive on that front and the dividend's only worth it if cash flow actually stabilises, which it hasn't. If they can get enterprise customers to stick around while the fibre builds out then maybe there's a play here, but R60 range feels right til we see it actually happen.

@julianreins_jse inventory story is the real one here

Come on PPH run with it!

R1.37 now, frustrating as hell though

@trpine_patient so close man, lets see if we break through

@momentumtracker_jse yep bids holding strong here

big boys dumping at close again, so stupid man

let's go ntc, run baby run!

let's goooo come on mtn

Morning all, ARI looking rough hey

@rawssy_links ja ngl the yield keeps me here

CHP at R1.68 is just getting hammered, stores are struggling in both SA and Botswana with foot traffic still weak. Revenue's been going backwards for like two years straight and they're not even profitable. Gonna be shocked if they turn this around without serious cost cuts or a proper restructure, but cheap enough that if they do something it could pop.

Man NVS is stuck in a tough spot. Print's dying everywhere, even here in SA with load-shedding killing production costs, and these guys aren't exactly pivoting fast enough. At R6.02 the yield might look ok on paper but if revenue keeps sliding there's nothing to catch it. Gonna be shocked if they don't need to make some proper moves in the next year or two.

Man the index has been getting hammered by the big four banks and resources not playing ball. Rand weakness kills our dollar earners but at least it makes our stuff cheaper for foreign money coming in. Gonna be shocked if we don't see some bounce once the fed stops being so aggressive, could unlock some real value here if you've got the stomach for it.

grt sitting at r17.43 and the yield on these property plays still looks decent if you can stomach the rand weakness. ngl the office space risk is real but their retail and industrial mix keeps it from being a total basket case like some of the other reits imo