to join the discussion
SSU sitting at R9.75 and bears acting like the hospitality recovery never happened. Look at what Tsogo Sun did coming out of their restructure, or even Sun International bouncing back. Southern Sun's got real assets, real occupancy numbers improving, and everyone's focused on the noise. The balance sheet cleanup took time but we're through it. This is a three to five year play if you've got patience.
SSU sitting at R9.75 is actually decent value if you believe the hospitality recovery keeps going. We're what, still 15-20% below pre-covid levels across the sector but load-shedding and fuel costs are real headwinds for their ops. Long game here is whether domestic tourism keeps growing or if corporates get squeezed and cut travel budgets, ngl that's the risk I'm watching.
Worth a deeper dig on the balance sheet here. Hotel sector turning interesting again.
SSU's been getting hammered post-COVID and the hospitality recovery hasn't delivered what the market hoped for, but at these levels the dividend yield is starting to look interesting if they can stabilize occupancy rates through the cycle. Long-term play depends entirely on wheth
SSU looking a bit perky at R10.09 today, but with hospitality still under pressure and that dividend yield looking thin, am I missing something on the upside here or is this just dead cat bounce territory?
The market's indifference to SSU at R1017 overlooks a structurally improving business: leisure travel recovery post-pandemic is lifting RevPAR faster than consensus models, while management's disciplined capex approach means FCF conversion should surprise on the upside once occup
SSU taking a knock today at R1014 (-2.12%), but I'm curious whether this is a hospitality recovery play worth backing or if the lodging sector's structural challenges mean we should be looking at purer-play REITs instead. The distribution yield's attractive on paper, but how comf
SSU up almost 1% today, love to see it! Even small gains add up when you're building your portfolio long term, hey.
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.