SE
Sextant SA@sextant_za·Neutral
Radio's been written off as dead for years, but AME's got a stranglehold on listenership that streaming still can't crack in SA. At R55.00 you're getting a cash generative business with advertising upside when the economy turns, and that's something you won't find in the glamour stocks everyone's chasing. The real question is whether management can keep the cost base lean while the Rand stays weak, but positioned perfectly for a turnaround play.