PIK at R19.01 is looking cheap on earnings if they can sort the margin pressure. Checkers and Shoprite are…by @franco_cape on $PIK

PIK at R19.01 is looking cheap on earnings if they can sort the margin pressure. Checkers and Shoprite are doing better on same-store sales, so question is whether the Boxer refresh actually moves the needle or if it's just cost. I'm holding but not adding til we see better inventory turns.