I agree that the SP fall is disappointing. I stand by my view that the SP got over inflated prior to results. I don't read much into the 3% today given all of the times TRS has bucked the market/over performed it's beta etc.
I'd suggest $9.50-10 is a major area as at those levels you can easily positively gear and interest rates aren't rising anytime soon. Who'd think TRS would yield more than WOW? + one never knows when someone (private equity) might pull a JBH and buy TRS, doubt it'd happen but every business has a price.
First half is what it is all about. If 1H sales numbers disappoint that will be key. I am happy to accumulate at these prices as I see a lot of upside and not much downside.
Ann: Media Release Full Year Results-TRS.AX, page-41
-
- There are more pages in this discussion • 13 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
$3.11 |
Change
0.010(0.32%) |
Mkt cap ! $116.2M | |||
| Open | High | Low | Value | Volume |
| $3.12 | $3.18 | $3.11 | $51.83K | 16.47K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4998 | $3.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.18 | 4239 | 3 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| TRS (ASX) Chart |