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Rightsized for better times - Raubex

Construction & Materials - 5 February 2020

Ingham Analytics says the building and construction sector of the JSE is a shadow of what it was before the football world cup a decade ago. They have trimmed construction sector coverage to just three companies, Raubex, Wilson Bayly Holmes and Afrimat. Since their last note on Raubex in early October 2019, the stock is up 25%. Is there more to come or is this as good as it gets for now?

Trader: R15.00

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