SRF 0.00% 6.8¢ surfstitch group limited

risk-reward profile is favourable IMO, page-11

  1. 745 Posts.
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    Thanks Daleium - agree with you completely, there's a bit of speculation here for the new management being able to turn this business around. I personally think that getting a margin of 1-2% is very achievable, and the CEO has a decent track record. There's a chance it might not work out, but I think there's a fair chance it could turn around, and also some chance it could easily exceed and deliver, say, a 5% margin in 2-3 years time, and perhaps even on a higher revenue base. Risk reward, is favourable, that's why I've added this into my high potential picks list on my blog, but of course don't put all your portfolio into this!
    Last edited by AriGold: 24/08/16
 
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Currently unlisted public company.

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