TRS 0.64% $3.09 the reject shop limited

yep thing is the p/e is tempting because the "E" is likely wrong...

  1. 536 Posts.
    yep

    thing is the p/e is tempting because the "E" is likely wrong

    people think it is trading on 14x or whatever it is but it could be double that because the earnings could easily halve

    I notice BT (who owned 10% have filed down to c9% - they may have a hard time getting out of the remaining 3,000,000 or so shares they own..... don't think I feel like standing in the way of that train. When people want out they just get out, fundamentals are a bit irrelevant fi it accelerates ....book value coming IMO
 
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