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06/12/18
15:57
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Originally posted by madamswer:
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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.
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what's the option then? Sell out and go away?