Firstly, the price war in electronics is over, if you believe JBH, and JB has the figures to back up their claims.
Secondly, AUD is heading down, meaning price of imported goods are headed up.
Thirdly, you cannot get more commoditised than furniture and white goods, and guess what, TGA is making a good quid from these commodities. Radio Rentals is not a pure retail electronics play. This error of cognition with Radio Rentals is widespread.
Fourthly, if you have read Pioupiou's postings closely, you may wish to examine the proposition that TGA's customers may prefer to outlay $200 rather than rent at $15, such rent being deducted directly from Centrelink payments.
Still, whilst SP short term is unpredictable, however, the fundamentals of TGA remain very much intact.
TGA Price at posting:
$2.18 Sentiment: LT Buy Disclosure: Held
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