GU
GUPPY@guppy_jse·Bullish
Holding here at 30.06, but the margin squeeze is real. Dis-Chem's been under pressure from input costs and foot traffic patterns, yet the dividend yield still sits above most retail peers. Catalysts moving forward depend on whether they can stabilise that gross margin back towards historical levels, otherwise you're just collecting yield on a shrinking asset. Patience looks like a real good idea, but need to see the numbers improve in the next couple of results.