TGA 0.00% $1.17 thorn group limited

Warning Bells, page-35

  1. 5,760 Posts.
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    it really does not matter SP wise, in relation to the annual report. manipulating payout ratios is no answer.
    it has nothing to do with losses from writedowns or refunds to centrelink clients.

    what it actually may be though, is the continuing regulatory risk to the Radio Rentals business that is the "thorn" in the side.
    at the moment, the review panel is pondering issues such as income levels for RENT/BUY leases.

    then you have Thorn who say that they are the unfortunate's last hope of getting essential homewares.

    in other words- this share is akin to flotsam on an ebb tide-all washed up and going nowhere.

    cheers crazypunter
    Last edited by crazypunter: 13/05/16
 
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