TRS the reject shop limited

"Not sure this business can now be turned around" Oh, it's...

  1. 17,748 Posts.
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    "Not sure this business can now be turned around"

    Oh, it's eminently fixable.

    Simply chop off the tail of the 30-or-so stores (of the company's total 350 stores) that are likely to be loss-making, and you'll be able to lift Pre-Tax Profit by 20% or 30% instantly.

    All that is needed is a few millions of dollars of capital to settle provisions for onerous leases.

    That's precisely what new private equity owners would do.
    Last edited by madamswer: 07/11/18
 
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