P/E isn’t too bad here compared to other retailers. Economy...

P/E isn’t too bad here compared to other retailers. Economy won’t do them any favours as the market will become smarter and demand better sales results and eventually JBHIFI will be taken off the burner, hard to see this stock at these same levels come the end of this year.

In store service has also changed, as you are greeted at the front door and escorted through the store with a personal sales assistant, interesting sales tactic. Not sure if this is common practice for all stores, but definitely feedback I have received from others as well as recent personal experiences.

This is definitely a cyclical and should always be treated as one, I have taken some $$$ off the table and will revisit once they are down in the dumps. Although it is always good to buy quality, you can never lose sight of selling something that is overvalued.