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ITE sitting at R8.49 is decent value if you reckon the building materials cycle picks up. Sanitaryware and…by @tsquared_jse on $ITE

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tsquared@tsquared_jse·Neutral

ITE sitting at R8.49 is decent value if you reckon the building materials cycle picks up. Sanitaryware and tiles are boring but people always need them, and once load-shedding sorts itself the construction side should move again. Held this for years, not expecting fireworks but the dividend yield keeps it honest.

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