ioof is buying, page-10

"He talked up his overseas stores and said he will be the worlds biggest reteiler in the future"

Are you taking the you know what street talk?

Based on most recent data;

- Debt to Equity of 29.8% when sector is at 39.7%
- Net Assets of almost $2B
- Strong Net Cash Flows
- December like for like sales up 1.4% on pcp (which is a strong performance even with stimulus package).
- Audio and Visual growth continues to be strong, and I would expect this trend to remain given that consumers are looking for most cost effective methods of entertainment in recessionary periods

The stock is down 53.5% for rolling 12 months, but to my mind I would rather buy a quality stock toward the bottom of the cycle than at the top wouldn't you?

Some of the 'uneducated' comments on here never cease to amaze.

Just to make my position clear, I have a core long term holding and have not topped up yet, but will look to when I see macro environment start to level out and some basic technical indicators begin to look bullish.