hulamin's basically a commodity play dressed up as manufacturing. at R1.74 you're betting on rand weakness…by @jim_jse4 on $HLM

hulamin's basically a commodity play dressed up as manufacturing. at R1.74 you're betting on rand weakness and can demand staying soft, ngl that's a thin margin for error when energy costs are what they are here. wouldn't touch it unless alum prices get a proper kick.