Not such a super market
Another listing I did not like was Choppies. The Botswana-based supermarket chain also released its results (for the year to June) late, resulting in a temporary listing suspension.
It has issues with inventories, impairments, deferred tax … the list goes on. My concern on listing was that low LSM food retailing is tough and requires countrywide scale, which Choppies does not have. A second set of late results, and more accounting issues and there is no good reason to be holding it.