Capital Health (CAJ) + Super Retail (SUL)

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Question asked 20/11/2021

Capital Health (CAJ) + Super Retail (SUL)

Hi James and Team,

Keep up the great work - Your insights are very valuable and calming in this volatile market. Can you please update us with your current view on CAJ - Capitol Health. Since buying it has run down 15%. Also I retained the ETPMAG - ETFS Metal securities which has had a good run this week. Do you see further upside to silver short term? Is this a hold or a sell to fund other trades MM have recently made?

Also your thoughts on SUL - Super retail. Thanks Debbie

Answer

Hi Debbie,

I imagine your question came trough before CAJ turned higher this week following its AGM which showed underlying organic growth above 10% while it still hopes to maintain an operating margin in the 23-24% region – we continue to like CAJ and new highs wouldn’t surprise.

We are bullish precious metals.

As for Super Retail Group (SUL), we like the stock around $13 but the upside much above $14 feels limited.

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Capitol Health (CAJ)

LAST UPDATED 19/11/2021 16:39

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