IMHO Metro is a very risky investment. Ex-Private Equity ownership from a previous recessionary collapse. Value inflated as economic conditions improve (then sold to the public) and a few cyclical factors helping but valuation across the cycle way too high...
In saying all that the market in general is not awash with good value opportunities - time to be defensive for mine and only hold a few high quality companies with the balance in cash deposits awaiting better value
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