Because they're trading at a discount to NTA, have zero debt and a decent dividend payout ratio.
Even with the profit downgrade the dividend isn't likely to be cut, worst case a minor reduction to align with the earnings decrease.
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8 Column 9 Column 10 Column 11 Column 12 Column 13 0 {colgroup} 1 {col=125x@}{/col}{col=62x@}{/col}{col=58x@}{/col}{col=79x@}{/col}{col=48x@}{/col}{col=50x@}{/col}{col=52x@}{/col}{col=64x@}{/col}{col=57x@}{/col}{col=68x@}{/col}{col=76x@}{/col}{col=52x@}{/col}{col=72x@}{/col} 2 {/colgroup} 3 Description ASX Code Last Sale Div $ Per Share Franked NTA EPS Div Yeild % P/E Ratio P/NTA Ratio EPS/DPS Ratio Volume 100's Week % Move 4 The Reject Shop TRS 2.800 0.350 f 5.230 0.574 12.500 4.878 0.535 1.640 991 -6.640
Because they're trading at a discount to NTA, have zero debt and...
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 (20min delay)
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Last
$4.24 |
Change
0.060(1.44%) |
Mkt cap ! $163.2M | |||
| Open | High | Low | Value | Volume |
| $4.19 | $4.24 | $4.04 | $365.6K | 89.30K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25 | $4.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.28 | 500 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$4.12 |
Change
0.060 ( 1.79 %) |
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| Open | High | Low | Volume | ||
| $4.19 | $4.19 | $4.04 | 7875 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| TRS (ASX) Chart |