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TOY - Toys 'R' Us Anz

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BraceFace

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2 October 2005
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I have been holding this one since May after it bottomed out at $1.50. It has been on the up and up peaking at $2.20 in mid August. Since then it has been hammered with no negative announcements that I am aware of.
Does anyone have any idea what is going on here?
 
Re: Funtastic (FUN)

There were many large parcels being sold off just after it reached it's peak this year. I read this on another forum. It seems you did well getting to $2.20. I was following it and was surprised to see it get to that level. The company had hedging issues at the end of last year and has made some aquisitions this year. The economic outlook is a determining factor here.
Management changed a few weeks ago, which may have affected the stock also.
Cheers
Snake
 
FUN - Funtastic

Any fans of this company?

I've watched this company like a hawk since 2000, just waiting for the stock to get smashed up before I got in. So the opportunity arose last year and again a few weeks back, I was lucky enough to get in at $1.56 with an earnings yield of 12-13% & a dividend yield of 8%

the market seems to have smashed up small retail stocks lately, and IMO this is a great opportunity to buy, but you gotta look at the business's fundamentals of course

Funtastic owns and distribute best selling brand name toys and they've consistently deliver a return on equity in excess of 15%....sorry if I sound like a saleman....i'm so in love with funtastic, it was well worth the 5 year wait.
 
Re: FUN - Funtastic


Hi Cubsfan

I was a fan last year when I bought at $1.60 and they went to $2.20. But wasn't smart enough to sell and rode the price back down to $1.70. The yield looks good at present.

Duckman
 
Re: FUN - Funtastic

Yes I too am a fan. I bought FUN when they were 70cents and rode them to $2.70. Then the downgrade came and I got out at $2.10. I also got back in at $1.585 recently......very cheap in my view......


hopefully not long before back over $2.00 and then some.....
 
cool 2 fans of fun, they're going to release a prelim report on Monday...something to look forward to.
 
I was a fan.... not any more.
A couple of years ago this company was everybodies favourite.
Commentators rated it as a well placed small cap amongst others they wouldn't touch.
Even as recently as 12 months ago Shares mag had it in their stock picks for the year. From memory it was hovering above 2 bucks at the time.
Since then it has dropped and dropped and dropped, and then tracked sideways... I got bored of it and sold out a few weeks back. :goodnight

I have already recouped my losses by investing the funds of the sale of my FUN shares into better performing market sectors (resources).

In time, FUN will probably bounce back above 2.00 and beyond, and the yield is attractive if you dont want to trade much. Personally I find the retail sector to be a bit too fickle for my liking, although I will continue to watch FUN.
 
FUN - Funtastic

Beeing watching this one for 9 months now.

Fully expected failure at 1.55 in August ... didn't do it.

Gann talked about 3rd time luckly and 4th time fatal.
What's it going to do around 1.75 this time round?
 

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Bought some at $1.69 awhile ago,after selling at $1.72 to take a capital loss (bought at $1.97).Bought some more at $1.60 to average $1.67.
FUN stopped the DRP a while ago as they claimed to have enough capitol.
Now they have come up with a share purchase plan where shareholders up to 11-8-06 can buy $2000,$3000,$4000 or $5000 of shares at a 5% discount on the weighted average of the 5 days before 18-9-06.
They claim this is to retire debt and finance future aquisitions.
I saw a paragraph in the paper a few weeks ago saying they were losing a contract to handle a product line,but can't remember which one.
Haven't seen them make any announcement,which I think would have been helpful.
PPT seem to have bought a couple of million shares recently,which may have edged the price up slightly.
Brian
 
Any one got any ideas on the share purchase plan?
Are they likely to close higher each of the 5 days for the average close to be taken?
Are they likely to drop even more later on due to the dilution of capitol.
I am holding at the moment because the yield hasn't been all that bad.
Brian
 

I'm of the opinion the share price already dropped on news of the buy back and bad earnings.

And that the actual buyback will have no effect whatsoever on the price - the damage has been done.
 
Today's probably the last day for the SPP as it takes 1 day to bpay the payment.

I'm buying, even though the share price has gone up just a day before they started counting the price for this

The 5% discount is 8c + the dividend is 4c, and if nothing funny happens today the SPP price looks like it could be 10c above recent lows. Might sell some after the dividend, but then lots of other people maybe thinking this way too.
 
Sent my bpay away last night,been keeping an eye on the price this week to see if it does something funny.At the moment it is $1.635.
Only buying $2000 worth to average down again from $1.67.
No brokerage helps.Could easily drop again next week,but div.is a sweetener.
Been a bit of a dog,but so have others with lot lower yields.
Brian
 
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