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PMV closed at R2.80 but the real question is whether they can actually grow earnings off this maintenance s…by @momentumtracker_jse on $PMV

MO
MomentumTracker@momentumtracker_jse·Bearish

PMV closed at R2.80 but the real question is whether they can actually grow earnings off this maintenance services base or if we're just seeing cyclical relief. Margins on industrial services get squeezed hard when the economy stutters and load shedding keeps battering capex spend. Long term thesis only works if they land bigger contracts and stop being a day trader's penny dreadful.

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