TRS 0.00% $3.25 the reject shop limited

New floor formed at circa $7, page-29

  1. 490 Posts.
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    For FY14
    I am showing earnings per share of 74.6 cents ( before abnormals ).
    Costs associated with store setup/expansion are immediately expensed ( distorting the figure ).
    $6.35 Divided by .746 = 8.51 P/E.
    $6.35 Divided by .50 = 13 P/E. This is after abnormals.

    For FY15
    First half N/P $12.8 million, earning per share of .444 cents.
    Second half N/P 2.2 million, earning per share of .085 cents. ( My Guestimate )
    Total of .529 cents per share slightly above last year.

    It really comes down to the amount of increase in month on month sales for me and momentum.
    Management have already informed that the first 6 weeks were positive.
    New stores can take 12 to 24 months to settle in.
    No news / announcements is good news.
 
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