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Choppies is getting hammered but the discount retail story hasn't changed, especially with rand weakness an…by @jse_tttrading on $CHP

TT
TTT Trading@jse_tttrading·Bearish

Choppies is getting hammered but the discount retail story hasn't changed, especially with rand weakness and consumers tightening belts. Margins are thin and load-shedding hits them harder than Pick n Pay, but at R1.41 you're pricing in a lot of pain already. Long-term view hasn't changed for me, just a matter of patience while inflation stays sticky.

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