I am going to revise my earlier comments re the implied SSSG being positive 1-2% in 2H ... I have just updated my little BLX model and I am now calculating negative 1% SSSG in 2H16. When these retail stories start printing negative SSSG it is usually a very bad signal such as (but not limited to) increasing competition, store canabilization, poor inventory management. Time will tell if any or all of these are in play .....
I am going to revise my earlier comments re the implied SSSG...
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Last
$2.41 |
Change
-0.090(3.60%) |
Mkt cap ! $546.6M | |||
| Open | High | Low | Value | Volume |
| $2.47 | $2.49 | $2.40 | $79.57K | 32.51K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4035 | $2.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.42 | 2759 | 1 |
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| Last trade - 16.10pm 08/07/2024 (20 minute delay) ? |
| BLX (ASX) Chart |