CCX city chic collective limited
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I can't say I've gone through the full result but what...

  1. optimistus
    5,414 Posts.
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    28/02/23
    20:48
    Post #: 66523426
    I can't say I've gone through the full result but what a gem we have here. So they're moving excess stock from EMEA to flog in US and AU, having to pay excess duty and writing down a chunk, have I got this right?

    And they've reduced inventory by $32.7m through sales and another $19.6m through write downs including moving it around?

    Just as well the inventory reduction is "progressing well" then I guess.

    But not a speculative investment at all.
    https://hotcopper.com.au/data/attachments/5090/5090005-0dae8416fead9172a2fe24943776bd4d.jpg
    CCX Price at posting: 46.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch. 1  Great analysis
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