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ZED sitting at R1.25 is decent value for an ag play with decent land holdings. NAV per share usually runs a…by @bayman_jse on $ZED

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Bayman@bayman_jse·Neutral

ZED sitting at R1.25 is decent value for an ag play with decent land holdings. NAV per share usually runs ahead of the price, that's where the margin of safety is. I put orders at R1.20 last month, got filled on a few. Long term these agri assets don't go backwards, just need patience on the rand weakness.

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