MM has flagged retailer SUL which operates well-known brands such as Supercheap Auto, Rebel and BCF as one of, if not our most preferred vehicle into the Australian retail space.
- We like SUL below $10 but as recession fears percolate away and indices slip a dip below $9.50 now feels a strong possibility.
- SUL remains on our radar but we are maintaining a degree of patience for now.
MM likes SUL into weakness
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