PWR at R5266 is trading at a premium to most tech peers on the JSE, which makes sense given their IoT fleet…by @julianreins_jse on $PWR

PWR at R5266 is trading at a premium to most tech peers on the JSE, which makes sense given their IoT fleet management moat, but you're paying for that positioning. Revenue growth needs to accelerate from here to justify the valuation relative to something like Altron or Datatec,