Back to $AEL

AEL sitting at R28.40 and the distribution side actually moves decent volume, but margins getting squeezed…by @jim_jse4 on $AEL

JI
jim4@jim_jse4·MemberBullish

AEL sitting at R28.40 and the distribution side actually moves decent volume, but margins getting squeezed everywhere. Thing is, if they can sweat the IT services contracts harder and stop bleeding cash on the dodgy bits, there's something there. Most of these local tech plays trade on hope, this one at least has actual revenue to lean on.

View