"..turnover 700m to make 4m profit, maybe time to sell. "
Not just that, $4m profit on $160m of shareholder capital, i.e., 2.5% ROE (No, that is not a typographical error...so, not twenty five percent; but two point five percent.)
That is less than the rate of return on a risk-free investment.
The sad thing is that this company used to generate ROE's above 40% a decade ago.
If it wasn't that so many innocent people have lost money investing in this situation, it would be laughable.
Speaking of things worthy of laughter, you won't come across too many more laughable things in the corporate world than this:
Does whoever compiles and proofreads this sort of publication have no sense of perspective?
News: TRS Reject Shop Sees Full Year NPAT Of $3.1 Mln - $4.1 Mln, page-5
-
- There are more pages in this discussion • 37 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add TRS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.25 |
Change
0.120(3.83%) |
Mkt cap ! $121.1M | |||
| Open | High | Low | Value | Volume |
| $3.13 | $3.25 | $3.13 | $76.43K | 23.93K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 931 | $3.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.25 | 1145 | 2 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| TRS (ASX) Chart |