Waiting for a rare South African miracle

With the uncertainty looming around with elections happening this year in May it is best to wait until the everything settles, Pick n Pay still has customers who are or might be still loyal to the brand because of what it delivers and their smart shopper systems which people have and understand. The share price has been falling due to working conditions like heavy load shedding hitting some areas harder than others. We hope during the year that the reserve bank will drop rates by few points to encourage consumers to spend more between the second half of the year until the festive season and going into a new year. Price could reach the near lows of R1403 per share and R1130 which are lowest prices since Pick n Pay started trading in the JSE. A company with deep roots in its country can only rely on hope and a miracle outside its control. The numbers won't lie the next three quarters.