Hi Jugal
Visited the same again. It shares the floor with Zudio & now had a separate entrance. Earlier visit was probably when it wasn’t set up fully!
The product range is expanded into other product lines.
I did use youtube but that was when I went to a Tier III location & wanted to know when they started there.
Around December I had to see for myself!
Hi Aman
had other product lines too, now, in this section. to me it seems to be between a shop in shop & a independent store given it’s located next to Zudio.
no people around this section & how they had explained was that the same products are in the Zudio store as well, so they don’t come over to this section.
Hi Dev
The results were decent given the circumstances. The contraction & the price stabilising, I thought indicated leveraged buyers were out. In the absence of any new external impetus now is a good time/buy?
The store additions in the last 6 months would hold up the results ?(owner’s fallacy!?) but I appreciate your deliberate approach…my thesis is that the runway improves esp with the new tax rules, urban consumer spending revival & FII’s coming back will help the valuation
Trent has been a learning experience (Pyramiding/Valuation) for me & I do see your point.
Finding a new growth engine with reasonable valuation - I looked at V2 retail & Manorama but, scaled cat that I am now, both seem to be overvalued.
V2retail I came across when I visited Kalaburgi to see how Trent is doing in the city with the lowest per capita in Karnataka. Manorama was more of an accident after I read an article about weather effecting coco seed cultivation. Is reading or using a screener how you cast your net?
I will read up the report too & maybe we can compare notes.