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Close at R198.90 is pretty clean, sitting just below that R200 psychological level. Distribution plays like…by @easystreet_jse on $HDC

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EasyStreet@easystreet_jse·Bearish

Close at R198.90 is pretty clean, sitting just below that R200 psychological level. Distribution plays like HDC tend to do well when manufacturing picks up, and if load-shedding ever settles down the industrial side could get proper support. Balance sheet looks solid enough to weather the rough patches, so this isn't a flyer like some of the other industrials floating around.

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