Yes, as usual madamswer draws on his exceptional analytical talents to see value and act decisively.
But with the share price up 100% since early December, I hope Andre brought plenty of grey import toothpaste as Christmas presents or maybe the sp is slightly ahead of the turn around program now?
Roy Morgan was forecasting "$8.8 billion is expected to be spent on Household Goods this Christmas, an increase of 0.6% from a year ago"
Just a reminder of the H1 results from last year when TRS was friendless:
H1 2019 sales down 1.1% on prior corresponding period (pcp) to $432.7m H1 2019 comparable store sales down 2.6% on prior year (Q1: -1.8%; Q2: - 3.2%) H1 2019 EBITDA of $25.2 million (down 28.7% on pcp) H1 2019 NPAT of $10.6 million, a decrease of 40.4% on pcp (in line with October2018 Guidance: $10.0m-$11.0m)
I hope all holders make a motser
TRS Price at posting:
$4.05 Sentiment: None Disclosure: Not Held
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