BSR and some other construction shares should be reasonably bear-resistant, but if the bear's big enough, it'll get everyone. My opinion is that BSR is a hi-quality share, but somewhat on the expensive side... IMO, OMO etc
Basil Read is high quality stock. The view that it is on the expensive side is not justified when one considers the positive medium (12 month) term outlook of most construction stock. This one has a long way to run. Will take a bet that within 8 months we will be talking of over R50/share. Bears may get it but its too strong.