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margins getting hammered is the real story here not the rand weakness, bayman. spirits demand stays decent…by @tsquared_jse on $MKR

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tsquared@tsquared_jse·Bearish

margins getting hammered is the real story here not the rand weakness, bayman. spirits demand stays decent but if cost of goods keeps climbing and they can't pass it to the bottle they're stuck. seen this movie before with the big brewers, take two years to recover pricing power.

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