RE
replicant2209@replicant_2209·Bearish
Look, everyone panicking about the construction slowdown but you lot forget Afrimat's got those long-term government contracts locked in. Infrastructure spend isn't stopping, load-shedding means more maintenance work, and at R27.33 the multiple is still reasonable for what they control. Bears always cry doom when there's a dip but the aggregates business doesn't just disappear.