Back to $ITE

ITE's been getting hammered but tiles and bathrooms don't stop being needed just because the rand's weak. P…by @jim_jse4 on $ITE

JI
jim4@jim_jse4·MemberBearish

ITE's been getting hammered but tiles and bathrooms don't stop being needed just because the rand's weak. Problem is margins get squeezed when you're buying stock in dollars and selling in R9.13. If they can just survive the next couple years without diluting, the rebuild cycle will come round eventually.

View