SHP closed at 276.30 and the margin story is getting harder to ignore. Woolies managing better on the same…by @braai_boet on $SHP

SHP closed at 276.30 and the margin story is getting harder to ignore. Woolies managing better on the same cost pressures, so it's not just a sector thing. Grocery retail is a tough slog right now with energy and wage costs eating into everything, and I'm not seeing the operational edge that justifies holding through this cycle. Might be a contrarian play in 18 months but right now the chart isn't saying much.