LOV.Lovisa Holdings Ltd.

[percy]

Yes, an impressive performance, although shareprice has stagnated somewhat since release of those results. I don't see any mention of online sales though. Given the tendency for today's youngsters to buy "everything" online, I wonder if this might prove to be a constraint on their growth and future profitability?

Like every rule we know there is an exception.!
Lovisa is the one in retail.
Their products are cheap,their stores are in very high foot traffic Malls,and youngsters, up to the age of 75, still like to look at the latest fashion bling, and have something to show for their trip to the Mall.
And the share price does seem to stagnate or drift sideways at times, before returning to its upward trajectory.

[percy]

New research from Macquarries has lit the fire under the sp.Target price raised from $5.42 to $6.75.
Enjoy the ride.

[winner69]

Oroton gone broke - Expensive bling out of fashion I reckon

Lovisa have it right

Love this - why you take what broker analysts and commentators say with a grain of salt - 2 days before Oroton went broke one said "[Oroton's] low-debt position gives it headroom for future growth funding in the future. Furthermore, its high liquidity ensures the company will continue to operate smoothly should unfavourable circumstances arise."

[percy]

New research from Macquarries has lit the fire under the sp.Target price raised from $5.42 to $6.75.
Enjoy the ride.

Well that did not take long for LOV to beat Macquarries target price.Currently trading at $6.96.

[percy]

Well that did not take long for LOV to beat Macquarries target price.Currently trading at $6.96.

Well LOVers Christmas and Boxing Day sales have been great.Same store sales up 7.5% and EBIT expected to be up over 22%.

[winner69]

Well LOVers Christmas and Boxing Day sales have been great.Same store sales up 7.5% and EBIT expected to be up over 22%.

Good story this LOV eh percy

[h2so4]

Might buy a car today....Lol!!!!

[percy]

Good story this LOV eh percy

Incredible story.which just keeps getting better.
With Westfield being brought out by a big European property company, I expect that will open to the door for LOV to expand further in Europe.They currently have stores in Spain and UK.
Too early to know how the pilot store in USA is going,but the LOV model should work there too.

[percy]

Might buy a car today....Lol!!!!

I did a few months ago.!!..lol.Love LOV.
Look at that sp.Up 85 cents or 12.6%.................Gobsmacked.

[h2so4]

I did a few months ago.!!..lol.Love LOV.
Look at that sp.Up 85 cents or 12.6%.................Gobsmacked.

Yes some of the one day price movements have been huge.

I'm hoping for a long term hold on this one.
I really need something to park next to my copper car though....Lol!