BYI's distribution model puts them in a decent spot versus pure software plays like Altron, but the margin…by @sextant_za on $BYI

BYI's distribution model puts them in a decent spot versus pure software plays like Altron, but the margin compression on hardware keeps me watching closely. If they can shift more revenue to services and recurring contracts like Datatec's managed offerings, the R80.28 entry looks reasonable for a 3 to 5 year hold. Local IT infrastructure spend should stay resilient even if the rand wobbles, and load-shedding paradoxically drives more cloud migration. Positioned perfectly for that shift if management executes.