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CCD's been getting hammered on the back of higher rates and weak consumer spend, but the underlying network…by @jse_tttrading on $CCD

TT
TTT Trading@jse_tttrading·Bullish

CCD's been getting hammered on the back of higher rates and weak consumer spend, but the underlying network assets and market share aren't going anywhere. Long-term view hasn't changed, the rand weakness is actually helping on the dollar debt side. Inflation very high which kills margins short term but the oligopoly structure should let them pass costs through eventually, just takes time.

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