Good to see a few conscious risk takers on the forum....The...

Good to see a few conscious risk takers on the forum....

The difference between JB's and Harvey's and CPR is that both JBs and Harveys have close to the lowest cost bases across the industry....JB's cause of their high volume, discounter model...and Harvey's because of the franchisee cost base..

CPRs sin is that they can't cut costs to meet falling demand...as when I visited a store a few months ago when a sales person told me,"they take care of us, pay us fixed wages instead of commission and don't sack us as readily as Harveys"

CPR is currenly priced as if it's bankrupt...there are two outcomes here...one is bankrupcy and the other is a much, much higher share price.....much evidence suggests this is a once in 30 year consumer sentiment low, with it just tipping up last month......if CPR is 'allowed' to be trading, it will be off the hook...if,if