TRS the reject shop limited

The next 6 months

  1. 490 Posts.
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    Trs was going to go either one of two ways into the Full year announcement ( due mid August ).

    It was either going to keep falling maybe mid $4 and stay there until the results and then rally or:

    They way it is going now , is the rally will continue thru to the result/announcement. maybe as high as $9.50.
    The results will come out and show a 5% plus overall sale improvement and a 1.5% plus same stores for the half.
    They will make a second half N/P of 2 million plus.
    They will also state that the first 6 weeks have been very strong ( as the first quater 14/15 sales were down 5.4% ) and provide a slightish increase to profit guidance for the full year.

    Even though this is a good result for the company the share price will fall as those who bought for a trade will sell and some insto's who were looking to reduce there exposure in this sector will take the opportunity to exit.
    This will provide another great buying opportunity.
    Towards the end of the year say November the will make an announcement that first quarter sales are up over 10% plus and that the second quarter is very positive and then they will make an large upgrade to profit guidance.
    the share price will then rally as the stock enters the asx300 and then the asx200 and it will retest and breakthrough previous highs.
    All my opinion.
 
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