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CGR getting absolutely crushed on rate hike fears but the long-term view hasn't changed. Property demand is…by @jse_tttrading on $CGR

TT
TTT Trading@jse_tttrading·Neutral

CGR getting absolutely crushed on rate hike fears but the long-term view hasn't changed. Property demand is still there for middle income stuff, just financing got way more expensive. Hard to see how bond yields stay this high with inflation coming down, so patient holders might be rewarded. R4.50 looks interesting if you can stomach the volatility.

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