Investors are enthusiastic about Mr Price Group's strong early momentum with the share price climbing to 169.46 on the day, while one participant is grappling with understanding the distinction between share price and company valuation.
Summarized from 4 posts · updated nightly
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MRP at R170.07 is trading at a noticeable discount to Pepkor Holdings on a forward earnings basis, though the dividend yield sits around 4.2% which is respectable for retail. The real question is whether the group can sustain margin recovery in the face of Takealot and Shein eati
what's the difference between the share price and the actual value of the company, still figuring this out
mr price sitting well at 165.40 after that last run. the thing that gets me is the cash generation from the core mr price brand itself, that's where the real margin sits. if they can tighten inventory and keep the foot traffic sticky through winter, risk reward is very compelling at these levels. more eyes on the prize once we see the next trading statement.
Pulled the latest MD&A, balance sheet tightening but cash position solid enough
Algos doing the same dance. Down then up. Nobody actually selling.
@thuli_dd what momentum, one day up? Retail footfall still weak ja.
@guppy_jse ja, been wondering if stage 6 would hammer them more. Stores still moving.
R166.77 now, this is it happening
@sextant_za yeah, algos just shaking the weak hands out. Volume's thin on the pullbacks.
Algos running the same playbook. Down 2% in five minutes, nobody selling.
Inventory turn picking up in the last quarter, which is what you want to see heading into winter.
Current R 172,16 — 50% of range
Fundamentals sourced from JSE disclosures. Updated quarterly.