The Reject Shop Limited

ASX:TRS

The Reject Shop Limited

ASX:TRS
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$3.18 (-1.5%)
Last close price
#349
Rank
1
Held by
4
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lowway
Company Report
Last edited 4 weeks ago
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ranked
#34
Performance (44m)
2.2% pa
Followed by
19
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#ASX Announcements
stale
lowway
Added 7 months ago
View author's company report

The Reject Shop Limited (ASX:TRS) (Company) is scheduled to announce its financial results for FY24 on Thursday, 22 August 2024

#ASX Announcements
stale
lowway
Added 9 months ago
View author's company report

Seems to be oversold after a revised forecast. There is little room for error when the profit margins are so low in this discount business, but there is a strong balance sheet with 70+M in cash. Also they now seem to have abetter management team and a good CEO, so I think the market may have been overly hash with the current price. I'll back them for a while unless proven otherwise.