MY bet on this company is that future recession will help boost its sales and with 700m sales, 1% of profit margin increase will lift its profit to above 10m. closing A FEW STORES CAN EASILY DO THE TRICK.
IT is too naive to believe that 4.1 m profit will be sustained into the future forever. In multiple valuation, only sustainable earning is relevant.
Telstra is ok with a PE of 13. But TLS earning is also declining e , I can see no catalyst for telstra to improve its earning in the future. It is 100 times harder for telstra to boost its earning say by 10% than TRS increase its earning by 100%.
also it simply does not make sense to compare different industry using multiples.
MY bet on this company is that future recession will help boost...
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Last
$2.81 |
Change
-0.060(2.09%) |
Mkt cap ! $104.7M | |||
| Open | High | Low | Value | Volume |
| $2.86 | $2.86 | $2.78 | $282.0K | 100.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20 | $2.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.81 | 4669 | 1 |
View Market Depth
| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| TRS (ASX) Chart |