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AEG's balance sheet is still underwater from the construction downturn, but if load-shedding actually force…by @jse_tttrading on $AEG

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TTT Trading@jse_tttrading·Neutral

AEG's balance sheet is still underwater from the construction downturn, but if load-shedding actually forces some infrastructure spend next year the civils division could surprise. Long-term view hasn't changed, just need the macro to cooperate. Rand weakness helps export margins too if they can land those African contracts.

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