Janet M.

ITE's been hammered by load-shedding killing foot traffic and weak consumer spend, but R9.13 is starting to look reasonable for a tiles and sanitaryware play with decent store footprint. If construction picks up even a little next year the earnings could surprise on the upside, reckon it's worth holding for a rebound.

Spent an hour on the latest results, balance sheet's not terrible honestly

MMP's property portfolio is seriously undervalued imo

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.

honestly the premium grocery angle is what keeps me in this, picks up the high-income crowd that's less price sensitive than the rest. fashion side's been rough but if they can stabilize that without bleeding cash from the core business then you've got something solid longer term. woolies at R53 feels reasonable for what they control in the market.

@jim_jse4 ya the furniture side is just brutal hey. insurance aint carrying it

the alsi's been getting hammered by rand weakness and rate hikes tbh. everyone's watching whether the big banks and resources can hold up or if we're just bleeding out till year end. if the fed pivots even slightly it could help us heaps but feels like we're stuck in the mud for now.

sportscene moving stock faster is actually huge, that's what you want to see after all the noise about retail being dead. if they can keep that momentum and stop bleeding cash on the weak rand side of things, r66.98 starts looking like proper value for what they're trying to build back. the brand names still mean something, just need the stores humming again.

Woolies got that Springbok resilience, never backing down

tfg been beaten down so hard but the fundamentals around sportscene and exact are actually solid, retail bounce back is real ngl. r66.98 still feels like value if they can sort the fashion side out in the next two quarters, comparing to pepco they're way undervalued imo.

R25 by end of q3, easy

R57.61 now, broke through that wall!

R299.38, nearly there lol come on

@swordfish_sa what african ops are printing though, margins are getting squeezed there no?

honestly shp holding up better than i expected given the rand pressure on imports and all the load-shedding hitting foot traffic. checkers numbers were solid last quarter and theyre still the only real player with that scale in sa retail. r300 is a decent entry if you believe in the dividend long term, just gotta have patience with groceries.

@trpine_patient exactly, balance sheet is doing the heavy lifting here while everyone freaks out about the noise

honestly think people are overdoing the panic on OMU right now. yeah we're down but the dividend yield is still decent and life insurance demand isnt going anywhere, especially with all the economic stress. if the rand stabilizes a bit this could surprise on the upside come earnings.

R90.52, not bad hey

@trpine_patient yep, not worried at all. holding.

R4762.39, holding strong lol