TRS the reject shop limited

great stockavg price around 9.50-60retraced to 8.95today closed...

  1. 1,201 Posts.
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    great stock

    avg price around 9.50-60

    retraced to 8.95

    today closed 9.15

    on lowish volume too

    great fundamentals

    buffet style ROE, ROIC and ROA (check these ratios out! Return on Equity very high, n return on Assets or capital very very good!)

    No debt

    Recession proof really

    In fact will outperform in a recession given all products cheap and surprisingly good margins on these cheap products

    Store rollout ensures organic growth and good returns on capital employed as evidenced by the returns on equity n return on assets as a whole

    good for a short term-mid term trade back up to late $9s, unless somethings gone wrong fundamentally

    Forward PE is low for the growth the the great fundamentals

    Simple easy to understand biz - - buffet style - - with unbelievable fundamentals

    I accummulated at 8.97 a small amt

    Forward PE only what 10ish

    will outperform in recession or hard times
 
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