Australia's largest stock trading and investment forum Australia's #1 stock forum

TRS the reject shop limited

0.00%

$5.91

TRS and private equity, page-5

First 5 Last

Share
Profile

Follow
Nick1970

1,293 Posts.

37

07/05/18

19:52

Post #: 32938198
Share

Originally posted by pCap ↑

Although I am already heavily overweight TRS, I bought another decent parcel today. While we are all in the dark until the next announcement, the facts as I see them make the current price too good to pass up. If we assume the company will hit guidance this year, there should be a minimum $2m upside next year from the benefits of the HK office, DC ramp up, and an improved Q1. Things can always go awry, but I can't see patient holders being disappointed at the current share price if they are prepared to ride out the volatility.

Expand

I was stopped out at $7.70 a few weeks back but looking for another LONG trade. No sign of selling over just yet but am waiting patiently. Last results were very good IMO. Maybe the market was spooked after the JBH result.

TRS Price at posting: $6.77 Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

Most investors will get this earnings season wrong. Will you?

FTL

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

SGQ

St George banks $5M from placement to ramp up Araxá Rare Earths Project

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

RNU

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

ASE

Astute delivers high-grade lithium hits at Red Mountain

First 5 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

TRS and private equity, page-5

Top Stories

Most investors will get this earnings season wrong. Will you?

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

St George banks $5M from placement to ramp up Araxá Rare Earths Project

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

Astute delivers high-grade lithium hits at Red Mountain

Featured News