to join the discussion
SSU's modest 0.60% appreciation masks deeper concerns about hospitality sector headwinds and the group's exposure to constrained consumer spending across their portfolio. Trading at R1006, the valuation doesn't adequately price in potential margin compression from persistent wage
Topped up my SSU position at R1008 this morning because hospitality recovery in SA is real, the yield's attractive at these levels, and you don't get cheap exposure to both domestic tourism upside and pan-African expansion every day.
Southern Sun's hospitality exposure makes it a bit of a play on domestic discretionary spending rather than food security, which is where my conviction sits strongest, but the dividend yield remains attractive if they can navigate the current consumer pressure without cutting pay
SSU down 1.35% today but that dip looks overdone—hospitality demand hasn't changed, just sentiment got jittery. At R1021 you're getting decent yield with operational leverage still in play.
SSU down 0.57% to R1039 – hospitality recovery's slowing, not touching this until occupancy rates show real momentum again.
SSU at R1049 is getting absolutely hammered vs Tsogo Sun—same hospitality exposure but Tsogo's actually moving. That +0.38% today is basically flatline while competitors are digesting rate cuts properly.
SSU dropping 1.35% to R1025 while hospitality sector battles recovery headwinds. Question is whether this dip's a buying opportunity or if occupancy rates stay under pressure longer than expected.
SSU at R1039 finally catching up after Tsogo Sun's recovery. But hospitality bounce isn't guaranteed to stick like consumer staples.
SSU at R1053 is still recovering from pandemic carnage but the hospitality recovery is uneven—domestic leisure is holding up better than corporate travel, which concerns me for their portfolio mix. If they can squeeze margins without losing occupancy rates, there's real upside, b
SSU up 4.55% to R1056 on what exactly? Hotel recovery narrative is priced in already, balance sheet still underwater from pandemic. Dead money at these levels.