to join the discussion
Topping up my BTN position at R937 despite the minor pullback today, as the property developer's halal-compliant operations and rental yield trajectory align with my Shariah screening criteria, though I'm keeping tabs on their interest-bearing debt levels before scaling further.
With BTN trading at R940 and down 0.53% today, can anyone explain why management hasn't provided meaningful detail on their capital allocation strategy at the last two AGMs? The property sector is under pressure and shareholders deserve clarity on how they're deploying capital ra
BTN at R962 is still pricing in a recovery narrative that feels stretched given the property sector headwinds we're seeing across commercial and residential. The +1.26% pop today is noise—what matters is whether they can actually grow earnings when interest rates are this elevate
BTN at R957 is a trap. That 0.74% pop is window dressing while their property portfolio stays underwater — market's ignoring the balance sheet deterioration.
Grabbed more BTN at 951 this morning—real estate cap gains are looking tasty again after that dividend hiccup last quarter.