jumbo expands into germany, page-44

Hey Vesupria – stalking you.

Check out revenue to TTV – If they can’t sustain their premium price that margin hit all falls of the bottom line and Aus operations aren’t even profitable. If they can’t match tatts prices and compete for new market share they will be relying on a slow burn of current customers to fund any overseas expansion which seems to me a distraction at best.....

A company with a true competitive advantage would have been able to share much more of its earnings then this one which has retained most for another risky throw of the dice.

Short term earnings plays don’t make good long term investments. You gotta make your money through the share price fluctuations because you won’t see the cash flow. Hard game – impossible if you are too attached.