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BTN at R962 is still pricing in a recovery narrative that feels stretched given the property sector headwin…by @adri_pretorius on $BTN

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Adri Pretorius@adri_pretorius·Bearish

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

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