to join the discussion
CSB's modest 58 basis point gain today suggests the market remains cautious on consumer discretionary despite the rand's recent stability, which is warranted given that retail margin compression typically accelerates when credit growth stalls and real rates stay elevated like the
CSB 1.6% move today. Good to be on the right side of it. R12999.00.
Everyone's jumping in because CSB is up 1.59% today but honestly the building materials sector is about to get smashed with more load-shedding delays, I reckon this bounce is just temporary.
CSB at R12.9k finally breaking through that R12.7k resistance, up 1.57% today - building materials demand must be picking up again.
CSB at R13k feels stretched when you look at where building materials demand actually is. That 1.17% pop today doesn't match the real slowdown in residential construction we're seeing.
CSB at R12,980 up 1.45% today while Builders & Wood Products peers are flatlining. That's either conviction or someone knows something about the upcoming trading statement.
CSB at R12727 down 2.19% today but the real issue is whether this hardware play can maintain margins when building activity stays tepid—inflation's crushed consumer spending and I'm not seeing the recovery narrative yet to justify holding long-term.