BRZ brazin limited

Hi,I follow Brazin and think their business is "fixable". They...

  1. 3,567 Posts.
    Hi,

    I follow Brazin and think their business is "fixable". They have some excellent store positions but also have some real shockers.

    They should close the unprofitable stores when the store leases expire and I'm not sure why they opened so many stores in average locations.

    They'll still make money with BNT and the music business isn't going bust just yet.

    Watch out for PPT selling the rest of their stake. The stock has been hammered but could fall a touch more. Be prepared for a rough ride with this one, could be a better stratergy waiting for the stock to form a clear bottom, but that's always hard to pick.

    Cheers,
    Munch.
 
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