2Simga I’m not sure if you’re posting satire or not... their...

2Simga I’m not sure if you’re posting satire or not... their share price was $13 not long ago and now it’s not even $5...

their report flags that:

1. people are poor so they’ve had to adjust promotional mix... when people are poor they aren’t buying couches..

2. they clearly have stated that sales are declining... like actually pretty bad because through inflation alone they should have grown by 7-10%, but here they are stating they are declining by 5%.... ie real decline is 12-15%.

3. like with nick scali, trading volume is almost non existent

4. All they are doing is doing a share buy back to stop the share price decline. It’s so lazy, a way for management to get their bonuses... at least Nick Scali won’t do that as he’s a major shareholder and knows it’s a scam.

Good luck with that $12-$13 price point if they reported something similar like this....