TRS the reject shop limited

TRS and Broker Upgrades, page-38

  1. 3,808 Posts.
    lightbulb Created with Sketch. 576
    Is that the church around the corner from the Abbott Day Adventists?
    That joke would have my mother Turnbuling in her grave

    Ps: Recent results and outlook hold a few concerns for me but I believe are more than priced in:

    - inventory is HUGE yoy
    - same store sales declining in H2
    - forecast for flat result meaning inventory is not going to go down anytime soon
    - new buying centre active in Hong Kong but we are overstocked!

    A few questions need to be addressed for this to re-rate:

    - what action being taken will improve same store sales?
    - how do they plan on dealing with all the extra inventory?
    - what benefits in $ or % terms will Hong Kong sourcing provide
    - why no buyback or director buying at less than 10 time earnings? (even flat earnings makes that decision a no brainer)
 
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(20min delay)
Last
$6.66
Change
0.010(0.15%)
Mkt cap ! $248.8M
Open High Low Value Volume
$6.67 $6.67 $6.64 $765.6K 114.9K

Buyers (Bids)

No. Vol. Price($)
3 2217 $6.65
 

Sellers (Offers)

Price($) Vol. No.
$6.66 17844 1
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Last trade - 16.10pm 24/06/2025 (20 minute delay) ?
TRS (ASX) Chart
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