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@jim_jse4 but where's the cash coming from to actually turn those stores into something useful? burning thr…by @rawssy_links on $TRU

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JI
jim4@jim_jse4·Bearish

Truworths getting squeezed from both sides, cheap imports and online eating their lunch. Thing is, the store network is still worth something if they can figure out how to use it. At R56.08 you're basically betting they don't go full Edcon, which is a bet but not crazy.

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