GU
GUPPY@guppy_jse·Bearish
ISB sitting at R0.65 feels cheap for a food company with actual distribution networks already in place. Most of the smalls in this space trade on promise, ISB's got revenue. Catalysts moving forward are pretty clear if management can tighten margins on the back of load-shedding cost pressures easing. Risk reward is very compelling at these levels.