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MKR sitting at R26.03 and honestly feels like spirits sector is getting squeezed harder than usual. Wine an…by @bombay_coach on $MKR

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CoachBombay@bombay_coach·Bearish

MKR sitting at R26.03 and honestly feels like spirits sector is getting squeezed harder than usual. Wine and spirits are discretionary spend so when rand weakens and folks tighten belts, these guys suffer. Long term you need to believe the export side picks up or domestic demand stays solid through load-shedding chaos, otherwise this looks like a value trap.

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