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For those with a strong stomach - Supergroup could be a great turnaround story. Share came from R14 to current 96c. The founder and previous CEO got the sack and a new CEO with a no nonsense approach to anything no core seems to have put a bunch of strategies in place to turn the company around. They're chin deep in dept but could if everything works out to plan be quite a success story. Then again everything could flop and the share could go back to 48c like a few months ago. omo
Been looking this for a while now.....I think that they are going to recover. Once the have got rid of unecessary businesses, keep their core which showed good return they should see a nice recovery, questions is of course when?