djs 2012 sales results, page-3

hmm...
The market sure changed its mind about that during the course of the day. I try to keep an open mind but having trouble seeing the bearish case from here. Assuming they hit guidance forward PE is around 9.5 with yoy sales having improved month to month for last six months. Margins are an issue however possibly overstated given they will also have lower cost of sales, thanks to suppliers coming to the party and strong AUD. The long term solution to declining margins is to become an e-commerce powerhouse, and I think they will do very well - as I stated in the other thread.

Oh well, nothing is easy in this market. Better switch the sentiment to LT Buy since I missed the quick exit this morning.