to join the discussion
Do you think cement demand actually tracks construction starts or just government spend on roads. PPC's been flat for years even when the economy wasn't total carnage, makes me wonder if the moat is just as good as everyone says.
cement demand gonna spike once infrastructure spending kicks in, ppc sitting at R7.20 is a steal compared to what the rebuild is gonna need. their plants are running but margin pressure is real, load-shedding killing them. if they get costs under control this could run hard.
cement demand picks up once load shedding eases and construction cycle normalizes, ppc's margin recovery from here looks solid. been sitting at these levels waiting for infrastructure spend to actually move the needle, patience looks like a real good idea. large buy orders stacking at close suggests someone knows something about the pipeline ahead.
PPC sitting at R7.20 is cheap if infrastructure actually picks up. Cement demand is tied to construction and the government's still talking about roads and water projects, just slow to spend. Once we see actual contract wins and volume through the plants, this runs. Not sexy but it's there.
PPC crept up 0.58% today but the stock's still trading well below its 52-week range. Anyone else think the cement demand picture improves enough in H2 to justify a run back to 8-9 levels, or are we waiting for clearer economic signals first?
PPC's structural headwinds persist with cement demand remaining hostage to construction cycles and infrastructure spending patterns that show no near-term inflection, though the recent uptick to R677 warrants scrutiny if management executes on cost discipline and potential unbund
Added to our cement holdings at R668 despite today's minor pullback, as PPC's embedded value in its regional assets and the structural tailwind from South Africa's infrastructure capex cycle over the next decade outweighs current margin compression from energy cost inflation.
PPC dropped 0.89% today to R668, ag that's not so bad for a cement stock hey? Anyone else holding this or did I miss some news?
PPC pushing through 679 on decent volume confirms the earnings momentum we've been tracking, and that 2% move today suggests institutional money is finally waking up to the fundamentals here.
PPC up 2.26% today and trading at these levels gives you exposure to the cement recovery narrative that's been playing out. With infrastructure spending ramping across the continent and local demand stabilising, the dividend yield starting to look attractive again for patient cap
PPC's cement volumes remain pressured by subdued construction demand, but the +1.33% move appears technical rather than fundamental. At R608, the stock doesn't offer sufficient margin of safety given delayed infrastructure capex cycles, making the valuation case dependent on cycl
PPC at R600 is trading at a modest premium to book value, but the cement sector's exposure to construction demand cycles makes valuation less forgiving when infrastructure spending slows. Current dividend yield sits thin relative to the cyclical risk, so you're buying on the hope
Trimmed my PPC position at R600 today after the modest gain, taking some profits while the cement demand backdrop remains uncertain and my conviction level doesn't justify a larger weighting in the portfolio.
PPC down 0.50% to R602 today, but how does it actually stack up against other cement companies like Lafarge or the rest of the materials sector? Anyone know if this is just noise or should I be worried.
The market's indifference to PPC at R602 masks a critical deterioration in cement demand across the construction pipeline, evidenced by subdued order books and rising inventory turnover ratios that SENS disclosures have flagged for two consecutive quarters. Eish, the consensus is
PPC down a third of a percent today but I'm wondering if cement demand is actually picking up or if we're still in the doldrums with construction spending. Hard to know when to jump in on this one.
PPC up 0.50% to R607 today while cement rival Lafarge Africa's been under pressure. PPC's actually holding better than most in this sector lately.
PPC dipping 1.63% at 605 rand. Cement demand still patchy but their cost structure remains bloated - until they fix the operational drag, this recovery is capped.
Grabbed more PPC at R605 even though it's down 1.63% today — cement demand should pick up once these infrastructure projects actually start moving.