News and discussion, page-45

discreet,

I try to stick to stocks that I have a very good understanding of the market they play in.

With respect to FNP, I almost got in just before it tanked so I was lucky. My view its a long time turnaround as FMCG is a tough gig and consumers are fickle. Good managers are hard to find so driving results is hard and most never reach their potential. If your in I suggest you put it in your bottom draw and leave it for some time.

BOL. Interesting one. Hard to pick where this one will go. There is a massive shortage of skilled labour in warehousing and distribution and I suspect that employee costs will rise due to the fight for labour. this will most likely impact the bottom line before pricing will take effect. They are in a sweet spot, its just going to be a rough ride keeping skilled people. From a chart perspective it looks like it will pop up over the coming weeks so possibly attractive for a short term (Swing) in and out trade.

These are my views only and I suggest that you do your own research.