Quote Originally Posted by Joshuatree View Post
Maybe W69 I've read small cap and now big cap turning down in Aus , is the midcap next? Consensus on 4 traders is $4.56 by 6 analysts and they had great upgrade Thread » Percy has a better handle on this one then me, any thoughts percy etc? Retail is abhorred atm.
Sorry I have only just seem this post.
Yes retail is not the place/sector to be in.
As an ex retailer I think LOV's retail model is fantastically clever.
Their last announcement,1st May, stated same store sales were up 10.9%.Now that is clever and is very real growth.
I am noticing LOV's share price is back to near $4.00...This is interesting as it has tried to break through the $4.00 barrier three times.Maybe fourth time lucky.