GU
GUPPY@guppy_jse·Neutral
MSP closed at R22.08, still sits well below pre-pandemic levels while the div yield is looking tasty. Commercial property getting hammered but if the office leasing market stabilizes even a bit, the upside from here is pretty fat. Patience looks like a real good idea with this one, too many moving parts to rush in but catalysts moving forward around occupancy recovery.