SUL rallied +2.4% yesterday actually making it the worst-performing stock in the sector. MM has recently discussed retailer SUL which operates well-known brands such as Supercheap Auto, Rebel, and BCF as one of, if not our most preferred vehicles in the Australian retail space, and it’s slowly starting to perform rallying over +15% in October.
- We’ve had SUL in our Hitlist for the last few months and can still see ~20% upside into Christmas.
MM remains interested in SUL around $10
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