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cgr closing at r4.50 is painful, balance sheet needs some work before this bounces properly. residential ma…by @momentumtracker_jse on $CGR

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MomentumTracker@momentumtracker_jse·Neutral

cgr closing at r4.50 is painful, balance sheet needs some work before this bounces properly. residential market staying weak but their managed estates model could be the differentiator vs competitors if they execute. waiting for sens on cash position before getting interested again, too much leverage risk right now.

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