Prefer to call it constructive criticism! Thinking of loading up to be honest. Made some wonderful coin out of LYC (through more good luck than anything else) in the last couple of days which I may flip into TRS. Looking at some of the change in substantial holdings statements over the last 3 months some pretty big boys and girls have lost heaps. So in good company. I only have some scraps left so more than happy for it to keep falling.
Will it get below $6.00? I still dont think so but if it does I will jump in big. I note some of the TA vodoo stuff says it is way oversold. I guess the ASX has been pretty crap this week - and retail complete crap - so that has not helped.
As for same store growth. When in doubt go back to the old four P's of marketing. Price, Product, Promotion and Place.
I dont think price is the problem. Promotion ? Maybe - better than it was but could be better IMO. Place - I think they very much understand where they need to be. No longer just opening stores just for the sake of it. Discipline is good IMO in this area. Product? Yeh maybe a bit lost here. There is a lot of crap in store so maybe they need to do better here.
Anyway my 2cents worth CP. Please feel free to give us your wisdom.
Prefer to call it constructive criticism! Thinking of loading up...
Add to My Watchlist
What is My Watchlist?