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CSB up 2.63% today to R12880 while building materials stay resilient through the construction cycle. Compared to Truworths, Cashbuild's exposure to infrastructure spending gives it better upside if load shedding forces companies to upgrade facilities, though revenue growth sits l
CSB broke through that R12,500 resistance cleanly this morning, the +1.20% gains showing some real intent. Price is now testing the intermediate level around R12,700, and if we can hold above R12,650 on any pullback, we're looking at the next target sitting closer to R13,200.
CSB's modest 1.35% pop to R12720 is noise given the hardware retail sector's structural headwinds and the company's challenged return on equity profile, though at these valuations the downside appears bracketed for patient contrarians willing to hunt for catalysts in the DIY and
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.