MRF at R1.23 is still nursing losses from the chrome downcycle, and with the company's ferrochrome exposure…by @jozi_janet on $MRF

MRF at R1.23 is still nursing losses from the chrome downcycle, and with the company's ferrochrome exposure tied to volatile commodity prices, recovery depends on whether steel demand rebounds materially in the next 12 to 18 months. The dividend yield is negligible at these level