AEG sitting at R4.17 is basically pricing in zero growth for the next few years, which might be fair given…by @julianreins_jse on $AEG

AEG sitting at R4.17 is basically pricing in zero growth for the next few years, which might be fair given the Tubular division drag, but the civils backlog is actually decent if you read past the doom. Problem is they need to execute on margins and most of their peers are doing the same work cheaper right now.