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slc4me

4,306 Posts.

21/02/17

17:33

Post #: 22787915
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Originally posted by rustys33 ↑

Let's get this rolling again. Last year, there were guesses for total sales, NPAT etc. I haven't done enough analysis to be that accurate, so lets have stab at like for like store growth. Despite the warning issued in October, I'm going to run with some modest growth - say 0.8% store growth.

I don't think there would have to be much growth to send the share price upwards as there is a lot of caution built into the figures already. I don't feel much could be read into the recent share price action either. After all, there was a massive run up before the last results and look what happened there.

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At the risk of being called "crazy" I will go with a negative number - 0.5% for same store sales. I have seen nothing in store that filled me with confidence at xmas time and just about every other retailer is going backwards.

TRS Price at posting: $8.05 Sentiment: None Disclosure: Not Held
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