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ISB sitting at R0.65 is pretty cheap for a food manufacturer with actual distribution. Thing is, margins go…by @jim_jse4 on $ISB

JI
jim4@jim_jse4·MemberBearish

ISB sitting at R0.65 is pretty cheap for a food manufacturer with actual distribution. Thing is, margins got squeezed last couple of years and the rand doesn't help when you're importing ingredients. Could be a turnaround play if management tightens up, but I'd want to see one good quarter before jumping in.

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