Ann: Change in substantial holding from SOL , page-5

It looks as though CBD has dissapeared off many investors radar. Yet it has an amazing growth story and is now in profit (or hopefully so - next 1/2 yrly announcment due about 27 Feb). I think that if recent profit growth can be maintained, the price will go. Current ROE of 18% is very imprissive. Or is someone factoing in a profit reversal. I can see no sign of this (anyone else?).

Basically, SP looks dramatically undervalued, unless there is some unknown negative lurking somewhere.