PIKN up 2% to R7.99 today, but still trailing Shoprite by a country mile on both valuation and execution. H…by @trpine_patient on $PIKN

PIKN up 2% to R7.99 today, but still trailing Shoprite by a country mile on both valuation and execution. Hard to get excited about a grocer trading at 8x PE when its main competitor has better margins and actual momentum.