BBG billabong international limited
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I agree 100% UTS! Comparing electrical retailers to high end...

  1. jenx
    1,362 Posts.
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    22/12/11
    09:46
    Post #: 9475107
    I agree 100% UTS! Comparing electrical retailers to high end fashion retailers to an integrated surf/streetwear manufacturer/wholesaler/retailer is a long bow to draw. Obviously work needs to be done on the capital structure of the business. However, the business model, as you suggested, is high-margin, with plenty of leverage on the upside should things improve globally.
    BBG Price at posting: $1.55 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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