BLX 1.88% $2.61 beacon lighting group limited

I think the main takeaway is never pay more than 15x for a...

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    I think the main takeaway is never pay more than 15x for a bricks and mortar retailer, regardless of the expected growth. For me it has to be closer to 10x. Too many accidents have occurred in the retail space you never know where the next downgrade is coming from
    Last edited by peterdoobes: 18/05/16
 
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