acl sitting at 1.30 is cheap relative to global peers on fcf yield, but the rand weakness is a double edged…by @julianreins_jse on $ACL

acl sitting at 1.30 is cheap relative to global peers on fcf yield, but the rand weakness is a double edged sword for a local listed entity. sa demand is the real problem, construction is limping and automotive hasn't bounced. depends if you think capex into greenfield projects actually drives returns or just burns cash.