Surely this business has many cost cutting options up it's sleeve to get EPS back up such as closing a few unprofitable stores and pay the lease break penalty.
Sure, but the management have articulated that that's not what they are doing; instead, the strategic focus is on more of the same, namely the ongoing roll-out of stores.
"....they are much better positioned than their high debt holding counterparts. "
The investment alternative on offer is not confined to TRS or other high-debt retailers.
It is TRS or the other 2,000-odd companies listed on the ASX (or cash, or fixed income securities)
I have zero faith and trust in the current TRS board.
Ann: Intention to Make Takeover Bid, page-63
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Last
$3.04 |
Change
-0.090(2.88%) |
Mkt cap ! $113.3M | |||
| Open | High | Low | Value | Volume |
| $3.13 | $3.13 | $3.01 | $107.5K | 35.09K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 327 | $3.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.11 | 1487 | 1 |
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| Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
| TRS (ASX) Chart |