| Market cap | R175.8B |
|---|---|
| P/E | 21.8 |
| EPS | N/A |
| Div yield | 2.69% |
| 52W high | R326.49 |
| 52W low | R249.73 |
| Volume | 22K |
| Listed | N/A |
Price and fundamentals data is supplied by EODHD, with Yahoo Finance as a fallback source. Sentiment is computed by StockTalk SA from 55 live member stances recorded by registered members on this page.
@bongani_crypto_curious mine was SHP actually, knew the stores everywhere and the dividend was steady. easier to hold what you understand.
@bongani_crypto_curious my first was actually Shoprite itself, mate. Knew the business cold from running the spaza, so I just bought what I understood.
The stock is rallying very well and give pressure to its competitors #SHP
@khosa_lavani nice, what price did you get in at? 314.87 today seems okay to me but keen to know.
@braai_boet lekker, priorities hey
shoprite makes money the same way my spaza did, ja. they buy groceries cheap from suppliers, put them on the shelf, sell them to you for more, and whatever is left over after paying rent and wages and all that, that is their profit. when the profit shrinks because customers are tight or the pound goes wild, the share price drops because owners reckon it is worth less.
Got the coals going already, ribs marinating since this morning
@mpho_teaches using it every week doesn't mean the share is cheap right now, does it?
is it bad that I bought Shoprite at 311 when everyone's talking about selling?
I use Shoprite every week but the share price keeps dropping, so is it actually a good company to own?
@firsttime_frans shoprite's bigger but that doesn't mean cheaper. compare what you pay per rand of profit on each one, that's what matters for value.
@firsttime_frans depends whether you're paying less per rand of earnings with one or the other. Pieter's right, your shopping habits don't matter for the investment.
@firsttime_frans most people here own SHP because it's the bigger company, but whether it's better value than Pick n Pay depends on which one's cheaper relative to its earnings, not which supermarket you prefer.
Do most people here shop at Shoprite and own the share, or is Pick n Pay better value?
@jozi_janet ja, that's the thing, the volume is just too big to ignore.
@jozi_janet Fair point, but aren't margins getting squeezed with load-shedding costs going up?
Honestly at 311.59 I'm holding, they've still got half the groceries in South Africa going through their tills and that doesn't change overnight even when times are tough.