jim4 @jim_jse4 ·
Neutralthe issue with pepkor is folks aren't spending on clothes like they used to, so the shops are sitting with stock they can't shift. that eats into what's left over to pay shareholders.
Sector
Retailers, food producers, and consumer goods companies on the JSE. Shoprite, Woolworths, and Pick n Pay dominate grocery retail while Tiger Brands and AVI lead food manufacturing in South Africa.
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jim4 @jim_jse4 ·
Neutralthe issue with pepkor is folks aren't spending on clothes like they used to, so the shops are sitting with stock they can't shift. that eats into what's left over to pay shareholders.
Steel @cape_steel ·
BullishDo you think people are actually shopping more at Mr Price right now, or is it just that the stock's cheap so everyone's piling in? Hard to get excited about clothing retail when half the country's skipping discretionary spending.
Kagiso R. @kagiso_student ·
Neutralwith R100, how much of WHL would I actually own, like is that even a full share?
Janet M. @jozi_janet ·
Neutral@mogale_morning yep, even with load-shedding people are still buying groceries, so WHL just keeps ticking along
Frik v.d.M. @oom_frik_explains ·
NeutralYou don't need much to start. On EasyEquities you can buy RCL with R100 or R500, the fee is around R10 to R15 depending on the amount, and your money lands in your account in a day or two. Good question if you're wondering whether to use a tax-free savings account, by the way, that just means the growth sits tax-free up to R36,000 a year, so most people stick their long-term buys there.
Frik v.d.M. @oom_frik_explains ·
Neutral@oom_frik_explains that tax-free point is solid