BTN dropped a bit today at 960 cents but I'm not worried, small drops happen and I'm in this for the long game anyway.
Burstone Group (JSE: BTN) share price, discussion & sentiment
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BTN down 0.62% today to R960, nothing major but makes me wonder if the property sector is getting some headwinds or just normal trading noise?
BTN dropped a bit today but I'm not worried, small movements like this happen and my long-term plan stays the same.
BTN sitting at R965 today and I'm thinking about what this means for us over the next few years. Real estate can be a lekker long-term play if you believe in South Africa's property market recovery, but you need to have patience and not panic sell when things get bumpy.
BTN's flat trading today masks broader property sector headwinds. The current yield doesn't adequately compensate for commercial real estate exposure given interest rate persistence and tenant stress, particularly in the office segment where vacancy metrics have deteriorated mean
BTN down less than 1% today, which is basically nothing - honestly at this point I'd just own the property index and call it a day instead of sweating individual real estate stocks.
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.