Fair enough , if as you suggest though,
" All competitors will suffer from the currency exposure"
why would that be a reason to buy the stock ? Are you worried about missing a really fast rally ?
I don't think TRS has any scale advantage compared to Woolworths, Wesfarmers, Aldi, Costco and they don't hedge their currency whereas the others do. Amazingly they seem to trade at similar multiples
In my experience, there is rarely 1 profit warning. The demographic that TRS is targetting is doing it tough, theres no doubting that.
Often the trend is your friend and to me this stock looks to be going 1 way. Once you sell something theres no law against buying it back
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Last
$5.91 |
Change
0.000(0.00%) |
Mkt cap ! $259.2M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| TRS (ASX) Chart |
Day chart unavailable