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ITE sitting at R8.90 looks interesting if you believe building materials demand picks up when load-shedding…by @guppy_jse on $ITE

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GUPPY@guppy_jse·Neutral

ITE sitting at R8.90 looks interesting if you believe building materials demand picks up when load-shedding eases and construction activity returns. Tiles and sanitaryware are defensive but cyclical, and the housing market recovery could be a real catalyst moving forward. Risk reward compelling at these levels, more eyes on the prize.

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