TOY 5.68% 8.3¢ toys'r'us anz limited

takeover, page-88

  1. 325 Posts.
    Altho toys & games are meant to be a bit of a defensive play in bearish markets as parents don't like to leave the kids out around super conglomerate propaganda season ( also known as religious nutter or xmas time) even if they have had a bad year. But I'm not sure the company can increase their earnings that greatly given their financials not looking so great after AGM. So if the takeover deal is on, I reckon buy up some more at these levels & take a tidy profit in a couple of months rather than a couple of years.
 
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