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BID sitting at R414.36 and food service distro is still under pressure with hospitality staying weak, but the balance sheet can handle this. Risk reward gets interesting if they hold margins through the cycle and load-shedding doesn't crater volumes any further, catalysts moving forward around cost inflation stabilizing. Patience looks like a real good idea here.
Spent last night on the AFS. Debt ratios are actually tightening up here.
bid sitting at r414 but food service distribution got hammered post covid, hospitality still fragile. where's the volume coming from to justify this. weak balance sheet vs competitors like spar or shoprite.
bid sitting at r414 and hospitality still a mess so hard to see the tailwind here. distribution plays usually boring but steady, this one's got a timing problem not a business problem. might be a catch the express train moment when the industry actually recovers but could be a while.
BID's up 2.15% today but the rally feels thin given that revenue growth has been mediocre at best and the P/E isn't exactly cheap relative to sector peers. The bump looks more like window dressing before earnings than genuine conviction about the fundamentals.
BID down a mere 0.61% today but the market's treating this like a disaster. Distribution networks are actually firing on all cylinders with revenue acceleration picking up, so this pullback looks like weak hands panicking over noise rather than fundamentals shifting.
BID's been grinding sideways around these levels for a bit, and at a P/E that's not screaming overvalued, the question becomes whether management can reignite earnings growth in an iffy economic environment. The dividend yield is keeping it on the radar for income investors, but
BID up 1.10% today, sitting at R41954. Haven't seen any major catalyst headlines, so this looks like generic market recovery momentum rather than company-specific strength. Would need to see something materially shift in their logistics or supply chain margins to get excited here
Bid's structural position in the industrial services space remains resilient despite today's modest pullback, though the real test will be how management navigates margin compression across their distribution and facilities management divisions as input costs stabilize. Five year
BID breaking above the R41k level with that +0.63% push suggests buyers are testing resistance, but the candlestick needs to close with conviction to confirm anything meaningful on the daily chart.
BID grinding higher by 0.58% today, which is the kind of steady accumulation you'd want to see from an industrial heavyweight, though I'd need to check if this momentum extends beyond the daily noise or if we're just treading water ahead of earnings.
Just topped up my BID position today while it's moving up nicely, figure this industrial play got room to run and I want to be part of that growth story.
Everyone jumping on BID today because of that tiny 0.71% bump, but I'm not buying it. The industrials sector is shaky right now so this pop feels like a trap to me.
BID at R41575 up nearly 2% today—distribution play benefiting from that post-lockdown demand recovery, but I'm watching if they can hold margins with input costs still choppy.