HSP,
I have been buying these in recent days. For two good reasons, they won't be falling like KMD has just done. Firstly TRS have already fallen from $18 to $5.80 in 14 months and I think that is hugely overdone. Secondly they have already given us a preliminary outcome for the first half with an expected net profit of $12.5 to $13m. That is down about a quarter from the first half in the previous year but I don't think it justifies a fall of two thirds in the share price.
They have just claimed net cash of $11.8m which is much improved on last year's figure and the net tangible asset backing was$4.71 six months ago and should be better now. These figures are very healthy for a retail company. Myers and Metcash both have negative NTA so TRS seems to me to have a solid balance sheet and a very low price.
If I were you, I would take my shorting elsewhere but thanks for declaring it. I do think shorters should do that.
GPASAS
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Last
$3.16 |
Change
0.040(1.28%) |
Mkt cap ! $118.1M |
Open | High | Low | Value | Volume |
$3.13 | $3.17 | $3.12 | $2.125K | 676 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4 | $3.15 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.19 | 15 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4 | 3.150 |
1 | 546 | 3.140 |
1 | 5936 | 3.130 |
2 | 801 | 3.120 |
1 | 4998 | 3.110 |
Price($) | Vol. | No. |
---|---|---|
3.190 | 15 | 1 |
3.200 | 1000 | 1 |
3.220 | 900 | 1 |
3.230 | 2666 | 1 |
3.250 | 15489 | 3 |
Last trade - 14.58pm 12/09/2024 (20 minute delay) ? |
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