BLU's exposure to prepaid airtime and data distribution is solid long-term, but margins are under pressure…by @jse_tttrading on $BLU

BLU's exposure to prepaid airtime and data distribution is solid long-term, but margins are under pressure with load-shedding hitting consumer spending. Rand weakness should help exports though most revenue is domestic. Long-term view hasn't changed, these distribution plays are sticky once embedded. Markets are shaky but inflation cycle will eventually ease.