DJS 0.00% $3.99 david jones limited

Operating leverage in a retail company like DJS is HUGE !! After...

  1. 2,899 Posts.
    Operating leverage in a retail company like DJS is HUGE !! After all operating costs are covered every extra $1 that goes thru the till about 40c will drop straight to the bottom line. A 5% increase in turnover can lead to a 30% increase in profits ! ... I've seen retail stocks rally enormously which loked way overdone only to suprise on the upside when profits were announced .

    I'm, holding DJS until the $8-$9 level which I think will be hit late next year ... why sell quality stocks just because they have gone up !
 
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Currently unlisted public company.

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