(ASX: LOV) – Jewellery always fits

If your thinking of adding a small-cap to your portfolio, think Lovisa, a vertically integrated fast-fashion Jewellery specialist with 326 stores globally and arguably the most profitable small-cap retailer on the ASX. Brett Blundy, is the co-founder (recently appointed Chairman) and 41% owner via BB Retail Capital. The last 6 months has been interesting for … Continue reading (ASX: LOV) – Jewellery always fits

Baby Bunting (ASX: BBN) – Pt.1

Most Australian’s are familiar with Baby Bunting - Australia’s largest nursery retailer and one-stop-baby shop. The current network of stores is 47 & the planned store network is double at 80+. Noting the above, what’s does each new store mean for BBN’s future earnings?.. The 2016 prospectus highlighted the following: In the first year of … Continue reading Baby Bunting (ASX: BBN) – Pt.1

The Reject Shop (ASX: TRS) – Value Stock or Value Trap?

The Reject Shop, founded in 1981 currently operates 351 stores with a turnover of $800.3m. The group has more than half of its stores located in Victoria and Sydney. Within these states, the brand is defiantly recognisable and has always been associated with cheap products and thrifty buyers. New South Wales 110 Victoria 83 Queensland 69 … Continue reading The Reject Shop (ASX: TRS) – Value Stock or Value Trap?