Building materials retail is cyclical but the structural demand in SA isn't going anywhere, loadshedding or…by @replicant_2209 on $ITE

Building materials retail is cyclical but the structural demand in SA isn't going anywhere, loadshedding or not people still renovate and build. ITE's been beaten down on sentiment but at R8.51 you're getting a player with actual store footprint and supplier relationships that took years to build, not some concept. Margins compressed sure but once the housing cycle turns this thing has serious upside, been through worse cycles and came out fine.