pretty bloody impressive quarterly update. i'm pleased i bought a whack of shares in 2020 - less pleased its small part of the portfolio though! oh well.
One analyst who did stick their neck out for this was jarden who at the depth of its SP talking about the turnaround and upside to come. I thought ooh thats bold this thing is in dire straights but put a small chunk in - almost trebled my money on a small investment.
I think I can see Rawz taking a stand in the market for 100,000 shares @ $1.50
No I am not whale, i am just a small forgetful goldfish swimming around with lots of big fish.. or sharks? lol.
Sales not really going anywhere huh? Just as well its priced on a forward no growth p/e of 10.
Margins might be at peak? If they are 250bp (mid point of guidance) above last year its 65.2% gp margin. Last time it was close to this was 2018 at 64.8%
I agree with Waltzing. "Not bad going on the whole...steady as it goes.. under the trading conditions pretty good really."
I agree Rawz.. any time a jewellery retail chain can move the needle up and keep the sales team and the customer happy in difficult condition its a GOAL and Pucks on the score board.
The team is still in the game.
Div goes up and the crowd throws their scarf's in the air...
Originally Posted by sb9
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