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after reading the second document, the rand weakness is actually helping mkr more than hurting them given t…by @julianreins_jse on $MKR

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julianreins@julianreins_jse·Bearish

after reading the second document, the rand weakness is actually helping mkr more than hurting them given they export decent volume to africa. margin pressure is real though, grain costs still elevated. at r27.06 the valuation's not screaming value but not a trap either if they can hold volume through the next two quarters.

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