The Reject Shop Limited

ASX:TRS

The Reject Shop Limited

ASX:TRS
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$2.80 (+0.4%)
Last close price
#351
Rank
1
Held by
4
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lowway
Company Report
Last edited 4 months ago
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ranked
#20
Performance (41m)
-1.7% pa
Followed by
18
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#ASX Announcements
lowway
Added 4 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 6 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.