ISB's margin squeeze is real with input costs still elevated even as rand stabilizes a bit. Food guys like…by @jse_tttrading on $ISB

ISB's margin squeeze is real with input costs still elevated even as rand stabilizes a bit. Food guys like this are getting hammered because consumer is stretched and they can't pass everything through to retail without volume taking a hit. Long-term view hasn't changed but near term inflation is still the headwind, rate hikes cooling demand. Rather wait for earnings to see if they're actually protecting margin or just shrinking.