The Foschini Group (JSE: TFG) share price, discussion & sentiment

TFG up 1.22% today, sitting at R57.27. Retail recovery is real but I need to see if this holds above the 200-day moving average before getting excited about another leg higher.

Need some Springbok bounce-back energy here at R57.36

Load-shedding hitting retail foot traffic hard again.

Big wall at 57.40, algos taking over again

Retail's been brutal this year but TFG's got real brands with decent margins if they can fix the inventory management. The question is whether they can grow earnings without just cutting costs. At 57.36 with the rand the way it is, you're pricing in some recovery already, so need to see actual sales momentum, not just store closures and restructuring.

TFG's retail footprint across Foschini, Sportscene and the rest is genuinely hard to replicate, and the balance sheet is a lot cleaner than people think given the load-shedding headwinds. At R55.95 the market is still pricing in way too much doom, you're getting a company with actual cash generation sitting on real estate value that's not even on the table yet. Best entry we've had in months if you can stomach the near term noise.

TFG's been through the wringer but the margin recovery story is real. If they can keep inventory tight and hold pricing into next year, 55.95 looks like chop change in hindsight.

TFG's been range-bound at R55-57 for a while now, waiting for the next earnings catalyst. The real question is whether they can actually grow revenue ex-new store openings, because same-store sales have been pretty ordinary. If they sort out the Exact turnaround and Sportscene holds its margin, there's upside, but the retail environment is still rough with load-shedding killing foot traffic.

Pulled the latest results. Balance sheet holding up better than expected.

R56.82, that's something at least

come on 56.82 break through!

Let's see what 57 brings

56.82 and green. Something's moving.

Seems like local price correction. It's likely to return to downward in the near future. We will see.

@factcheck_fana ja, beats the doom from last week

Let's go, finally some air!

@braai_boet ja the momentum finally feels real

55.70 and holding. Finally some momentum.

run baby run!!

55.70 holding strong, finally some air to breathe lol