| Market cap | R16.7B |
|---|---|
| P/E | 6.2 |
| EPS | N/A |
| Div yield | 10.58% |
| 52W high | R63.80 |
| 52W low | R41.43 |
| Volume | 446K |
| Listed | N/A |
Price and fundamentals data is supplied by EODHD, with Yahoo Finance as a fallback source. Sentiment is computed by StockTalk SA from 44 live member stances recorded by registered members on this page.
Truworths (TRU) was up 2% today, with investors in good spirits about the stock's price movement and solid balance sheet performance. Discussion touched on the company's retail business model, dividend payments, and frustration with load-shedding disruptions at market open.
Summarized from 7 posts · updated nightly
@cape_steel that's what worries me too, closing stores but sales aren't getting better per store
@mpho_teaches you only get money if the company pays a dividend, which is basically profit they share with shareholders. Truworths used to do that but they've cut it right back, so right now you're mostly betting on the share price going up when you sell.
@mpho_teaches you get dividends if they pay them, otherwise only when you sell.
@mpho_teaches, a dividend is when the company hands part of its profit to you just for holding the shares, usually once or twice a year. Truworths has paid them before when business was better, but right now with retail under pressure, the board decides whether there's enough spare cash to send shareholders anything.
if i buy truworths do i get paid money just for holding it or only when i sell
Truworths is basically our mid-market clothing store, right, so when people stop buying new jeans and tops because money's tight, they feel it. Last results showed the sales are still a bit under pressure but at least they're not collapsing, which is something.
Do you think the store closures are a problem? Truworths has been shrinking its footprint but the sales per store haven't really improved, so I'm not sure it's just about cleaning up weak locations.
Good day to top up on this one. People still need clothes, they're just buying less often and cheaper, which means Truworths has to shift more volume at thinner margins, eish. At 44.80 I reckon there's value for someone willing to hold through the tough retail cycle.
with R100 can I even buy one TRU share or is the fee going to kill me
@cape_steel margins matter way more than footfall right now, you're spot on.
Honestly, when people stop buying clothes and stick to basics because money's tight, Truworths feels the pain. That's what we're seeing now, lol ya.
@cape_steel exactly, margin squeeze is the real story here. Sell more at R100 instead of R150, you need way more of those R100 sales just to keep the lights on.
Truworths is basically a mid-market clothing chain, so when folks stop spending on new jeans and t-shirts because they're worried about money, the sales just fall away. Load-shedding hasn't helped retail footfall either, and that shows up in the numbers pretty quick.
Do you think people are actually buying more clothes right now, or is TRU just shifting stock around at lower prices? That matters more than the store count if margins are getting squeezed.
See how TRU sells clothes and shoes in store after store across the country, same thing at my spaza, you buy stock cheap and sell dear, what is left over after the rent and wages is profit. Well, when they make profit they can hand some of it to you as a shareholder, that's called a dividend. That's why people hold shares, not just to hope the price goes up.
do dividends happen every month or is it random when truworths pays out?
Been reading the latest numbers on this one, balance sheet holding up better than I expected tbh.