GERE

[Russ]

Retailers look hot again.

[prancing_horse]

So, don't touch them, chances are you could get burnt.

[kwagga]

Just don't create expectations based on history. Retailers have got a large target on their backs. First sign of earnings weakness and then you'd better pray you get out in time.

[SimonPB]

two thorts .. flip side is first sign of earning strength (albeit modest) and look what MPC did yesterday .. and the sell off earlier this year was hardly viciou nor quick .. so mild I didn't even bother to sell my positions

[kwagga]

which ever way it goes, it's going to be volitile, and volitality in my books signals change. time is the only unknown factor in this equation.

[SimonPB]

No, volatility is not change .. It's uncertainty, when the dust clears, which it always does, the trend could continue .. Or not, but no certainty of change ..

[#7]

hey - a minimum of 20% EPS growth off the back of last year's results is hardly modest Simon? Personally, I think MPC and Tigerbrands are the best plays a person can make for capitalizing on Africa growth. If you have ever been to a Mr Price store in Nairobi, you only have to look at the sheer volume of people inside to realize they are doing something right for sure. And then there is Tiger Brands move into Nigeria - bold, I give them that, but what a move, to a country with 140m people and a GDP growth rate in excess of 5%. MPC is clearly still rated as a growth stock - just look how long NPN was able to keep its plus 30 times PE ratio. A good set of results out of Tiger Brands, and I think we should start to see similar ratings.