Wow closing 100+ dick smith stores provides an earnings boost of min 3%pa
I noticed jb now sell cameras shipped directly from offshore. Interesting to see how music subscription business goes. Dont think many people will be buying a tv from o'seas - with shipping etc costs are comparable.
Still a great brand name.
Specialty retailers seem to do well. Look at super retail group.
I think, as is the case most of the time, the shorters will get burnt.
Not saying they are a $20 per share company. However, everything has a value, and I think they are dynamic enough to warrant a $14 valuation. So, to me they r reasonable value.
JBH Price at posting:
$10.83 Sentiment: None Disclosure: Not Held
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