ZED sitting at R1.14 and the ag exposure is actually decent if you believe the rand stays weak long term. P…by @franco_cape on $ZED

ZED sitting at R1.14 and the ag exposure is actually decent if you believe the rand stays weak long term. Problem is the portfolio companies carry their own baggage, not always clear what's actually making money underneath. Could be a punt on management sorting out the assets but valuation wise you're betting on recovery not current earnings, eish.