So, a Coronavirus resilient business.
Who woulda' thought it?
The most important aspect of this announcement, I think, is not that calendar YTD like-for-like sales accelerated from 2.3% at 27 February to 15.1% (!) since then (for a calendar YTD average of 5.7%, but that the company is starting to receive stock from Chinese-based suppliers.
Because permanent disruption in the company's inbound supply chain was a far greater threat to the business in my mind, than sluggish top-line sales.
TRS generates all its cash flow in the December half-year, and the June half is usually slightly cash flow negative, but this strong sales performance might result in cash flow break-even.
It might even obviate the need for the capital raising.
- Forums
- ASX - By Stock
- Ann: Business update
So, a Coronavirus resilient business. Who woulda' thought it?...
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TRS (ASX) to my watchlist
|
|||||
Last
$3.28 |
Change
-0.020(0.61%) |
Mkt cap ! $122.3M |
Open | High | Low | Value | Volume |
$3.32 | $3.32 | $3.25 | $96.95K | 29.50K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3148 | $3.25 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.29 | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3148 | 3.250 |
1 | 3105 | 3.220 |
3 | 7312 | 3.200 |
1 | 4375 | 3.190 |
1 | 500 | 3.180 |
Price($) | Vol. | No. |
---|---|---|
3.330 | 306 | 1 |
3.350 | 5196 | 3 |
3.370 | 170 | 1 |
3.400 | 3110 | 2 |
3.490 | 1000 | 1 |
Last trade - 15.59pm 31/07/2024 (20 minute delay) ? |
Featured News
TRS (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online