daiso - where everything is $2.80, page-71

I havent been on this thread for a while but I see that people are still trying to buy the dip in this thing ....... amazing.

I don't want to sound antagonistic but are people blind as to what is going on out there and the pressure the consumer is under ? Especially the less affluent consumer.

The only reason this co made any money for a while was that with a $A trading well north of 1USD, the margins for parallel importers expanded greatly. Sell side lemming analysts extrapolated that into perpetuity for whatever reason.

Seriously.This is a crap business. In a non qe fuelled market I thing you would be lucky to see it trading at $3.