Truworths INT (JSE: TRU) share price, discussion & sentiment
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Algos hammering it down before close, classic move.
@guppy_jse yep, footfall data doesn't lie
Come on break through R57.50!
@guppy_jse yep, been seeing that too. footfall's recovering
TRU playing like the Sharks, finally showing some teeth
R57.61 now, broke through that wall!
Store closures seem to be slowing, footfall picking up in the decent malls.
Big wall at R57.50, algos trying hard to keep it down
@jim_jse4 but where's the cash coming from to actually turn those stores into something useful? burning through stock now
@julianreins_jse cash is king with this one, inventory means nothing if the tills arent ringing
@replicant_2209 earnings beat or same store sales surprise. that's it really
@franco_cape yeah man, stores are a liability until theyre not
@momentumtracker_jse what catalyst you waiting for exactly
ngl the retail environment is brutal right now but tru's still got pricing power vs the budget end, problem is whether consumers can actually afford mid-market at these rand levels. been watching the inventory turns, they're not terrible but cash generation is what matters and load-shedding hitting foot traffic is real. r56.08 feels fair if you believe the store network survives the next 18 months without major closures.
Truworths getting squeezed from both sides, cheap imports and online eating their lunch. Thing is, the store network is still worth something if they can figure out how to use it. At R56.08 you're basically betting they don't go full Edcon, which is a bet but not crazy.