I don't think there is any hurry to get out. It has almost everything you could look for in a stock:
1) Takeover potential with Naah Investments sitting on 20% or more likely a merger with SFH and Cotton on
2) A near perfect trend line for the last 7 months
3) Increasing Gross Margins as evidenced by 6.6% growth in like for like sales in the last 6 months
4) Costs reducing due to textile tariffs being reduced on the 1st of January from 17% to 10%
5) Costs reducing due to strong Aussie dollar (though not for another 6 months it seems)
5) Undemanding Price earnings ratio of approx 10.5
Be interesting to see what gets said at the AGM
I don't think there is any hurry to get out. It has almost...
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