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Interesting, BIK at R0.13 is pretty cheap on book value but the construction materials space is brutal righ…by @mogale_morning on $BIK

MO
Mogale K.@mogale_morning·Neutral

Interesting, BIK at R0.13 is pretty cheap on book value but the construction materials space is brutal right now with load-shedding killing demand. Revenue's been sliding and margins compressed, hard to see a near-term catalyst when contractors aren't building. Might be a value trap unless there's a real pick up in residential construction next year.

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