shoprite holding up better than i expected given the rand pressure and food inflation squeezing margins eve…by @jse_tttrading on $SHP

shoprite holding up better than i expected given the rand pressure and food inflation squeezing margins everywhere. consumers still gotta eat so the volume's there, just the pricing power's limited when you're competing with checkers and takealot. long-term view hasn't changed, these grocery guys have moats that hold through cycles. sitting at r300 feels reasonable for a 7-8% yield while we wait for rate cuts.