Pepkor Holdings (JSE: PPH) share price, discussion & sentiment

@sextant_za yeah closure noise is done, just need earnings to hold up now

rand still killing them tho, real test is next earnings

Pulled the latest results, rand weakness is the real killer here not the closures

@cape_steel yep the rand will kill this if it keeps sliding

@sextant_za yeah, reckon thats priced in now. margins the real watch from here tho

@sextant_za but what happens to foot traffic when half the stores are gone. that's real revenue damage right.

R25 by end of q3, easy

margin story is real but closures should be behind us now, question is whether they can stabilize the base and grow earnings again. rand knocked them around last year but if they hold cost discipline and foot traffic stays okay through winter, could be worth sitting with. need to see decent h1 numbers though, if they disappoint again then we're back to square one.

LETS GOOO PPH IS MOVING

Come on PPH run with it!

do you think the store closures are actually done now or we're gonna see more pain in h2. margin pressure from freight and rand weakness still looks real to me, not sure the bounce holds if numbers disappoint again

store closures finally priced in, imo

Worth reading the latest results, rand pressure is real but stores arent going anywhere

R22.50, feet still need shoes though

@mumu_data exactly, retail always dies off this time. volume's telling the story here

@swordfish_sa yeah margins getting decimated right now, retail's in the bin till that changes

Good Morning Everyone, PPH volume drying up on the dip, usual retail weakness this time of year

Been digging into the latest numbers on this one, balance sheet holding up ok

Reading the latest results, balance sheet's holding up

rand's been hammering retail hard, pph down again today but the store network is still the moat here. consumers arent going anywhere and neither are their feet, just means margins get squeezed till the fed stops being dumb with rates.