What would propel the share price higher?
Adding more cash to the balance sheet they had .76 per chare in cash in the last round of DB closures with near 100 more biting the dust. That is another 100 stores not losing money in the current Q, there are 500 more closing this Q with all that cash being added to the bottom line.
I think things are going rather well I look at the glass half full and getting more full by the week not half empty, just my way.
After the last of the stores close and done away with the end of December what then? If 100 DB's closing add $30 mil to the balance sheet how much does closing 500 stores add? How do/will things look going forward with not having near 700 losing money stores in 2020 like they had in 2019?
I am starting to think the RS is meaningless as well, may dip a bit, I am ready for it to. Doesn't change things one iota going forward, FRAN will ended up netting me millions this year (already has $1 mil+) and I don't see why ASNA will not do the same, still 1 year before another debt payment is needed to be paid by that time all will be sorted an I will be planning next years holiday, France is going to be lovely this Feb thanks FRAN.
For today shorty got a little feisty yesterday got this thing on SSR no throwing big gorilla blocks at the bid.
Ta ta.
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