TRS 0.32% $3.11 the reject shop limited

I havent been on this thread for a while but I see that people...

  1. 536 Posts.
    I havent been on this thread for a while but I see that people are still trying to buy the dip in this thing ....... amazing.

    I don't want to sound antagonistic but are people blind as to what is going on out there and the pressure the consumer is under ? Especially the less affluent consumer.

    The only reason this co made any money for a while was that with a $A trading well north of 1USD, the margins for parallel importers expanded greatly. Sell side lemming analysts extrapolated that into perpetuity for whatever reason.

    Seriously.This is a crap business. In a non qe fuelled market I thing you would be lucky to see it trading at $3.
 
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