TOY - Toys 'R' Us Anz

[KurwaJegoMac]

It's as you say Pattena - the stock is worth a consideration. Given the news about Nir Pizmony returning and taking a major stake in the company + interest by Murdoch and the Mathieson family + the acquisition of NSR, FUN is probably in the early stages of the stock grabbing the attention of analysts.

Considering how inactive this stock has been in recent months, these higher volumes definitely warrant keeping FUN on the watch list.

Having Nir Pizmony return for a major stake is a comforting sign - he would know the insides and out of the company and I highly doubt he would return and buy a major stake unless he felt that the company was due for a turnaround.

However for now, it's all just speculation. But i've got a stake in FUN myself and I intend to watch it closely - I don't think it would take much to see this stock rebound (provided the GFC doesn't kill it )

 

[Gigabyte]

Have just received the letter from Funtastic regarding the rights issues. Can anyone elaborate on what this means? Do I need to do anything?

Thanks

 

[Huskar]

Who would have thought Pillow Pets, Power Rangers and Lego make so much money.

From 8c to 22c since the start of the year after significant cost-cuttings, write-offs and restructurings succeed in turning company around.

~10% decline in revenue but significantly improved margins so NPAT from $0.4m to $5.5m for HY12 = ~1.5c diluted EPS.

Extrapolating to FY12 = ~3c EPS (assuming revenue remains relatively steady). If ~10x P/E is justified then shares might still have some value in them. Be wary of negative NTA however...

 

[pixel]

Breakout alert. Yesterday's Financials have been well received.



I'm on board. First target 18c; stop 15.5

 

[McLovin]

I picked some of these last week when it was banging along at 14-15c/share. It's at the more speccy end for me but they've got a few great little money spinners and they launched their Coolcup slurpee thingy in May and sold 2.4m units by 31/July. The Australian business is kind of hiding the fast growing international business.

Lachlan Murdoch is a shareholder, which makes me worry given his track record of picking winners.

 

[skc]

I picked some of these last week when it was banging along at 14-15c/share. It's at the more speccy end for me but they've got a few great little money spinners and they launched their Coolcup slurpee thingy in May and sold 2.4m units by 31/July. The Australian business is kind of hiding the fast growing international business.

Lachlan Murdoch is a shareholder, which makes me worry given his track record of picking winners.

Agree.. it's a good trading buy. The stock yields 6% fully franked at these levels with a PE 7-8x. A decent run is certainly possible on both fundamental and technical perspectives.

P.S. I want to meet the guy who invented slurpee and personally congratulate him. There's nothing better than a frozen coke on a hot summer day in Brisbane.

 

[13ugs13unny]

Agree.. it's a good trading buy. The stock yields 6% fully franked at these levels with a PE 7-8x. A decent run is certainly possible on both fundamental and technical perspectives.

P.S. I want to meet the guy who invented slurpee and personally congratulate him. There's nothing better than a frozen coke on a hot summer day in Brisbane.

Windy in Sydney, who's the clever....

"Mr. Potter always Buys when the Suckers Panic" ?

 

[McLovin]

P.S. I want to meet the guy who invented slurpee and personally congratulate him. There's nothing better than a frozen coke on a hot summer day in Brisbane.

The problem with the slurpee (at least for me) is that you never buy one, you rent it....If you get what I'm saying.

I've always preferred a Frosty Fruit.

 

[System]

On June 29th, 2021, Funtastic Limited (FUN) changed its name and ASX code to Toys 'R' Us Anz Limited (TOY).

 

[UMike]

Wonder if they will change their fortunes?

Very disappointing company since the ABC learning days.

 

[peter2]

Seems like the name changed has really worked. TOY is better than FUN.

Adding toys and baby stuff to their Fantastic furniture has perked investor interest.

 

[The Triangle]

Looking forward to seeing results of another 6 months of cash burn...

The most recent announcement says they received 15 million in debt funding to aid expansion in the UK... They did not say who provided the debt... They did not say the terms of the debt... Expansion into the UK is laughable. Toys R Us already been there, done that, went broke last decade. This little aussie battler thinks it can compete in the UK? Ha!!!

I still can't figure out if this is at all connected with the original toys r us or if they just bought the rights to use the name and logo? (like most yank branded things in Australia)

What is the investment case for these guys? They are reasonably cheap and might get lucky?

 

[UMike]

Looking forward to seeing results of another 6 months of cash burn...

The most recent announcement says they received 15 million in debt funding to aid expansion in the UK... They did not say who provided the debt... They did not say the terms of the debt... Expansion into the UK is laughable. Toys R Us already been there, done that, went broke last decade. This little aussie battler thinks it can compete in the UK? Ha!!!

I still can't figure out if this is at all connected with the original toys r us or if they just bought the rights to use the name and logo? (like most yank branded things in Australia)

What is the investment case for these guys? They are reasonably cheap and might get lucky?

Purely a Spec play .

Long term holder Long term loser.
Used it as a tax loss and averaged down..... But needn't have bothered,
Was probably better off not averaging down and just selling and getting out.

 

[peter2]

Needs a follow up chart to show that what goes up can go down.
Not interested in today's high volume bullish bar. The down trend is too strong.

 

[divs4ever]

Purely a Spec play .

Long term holder Long term loser.
Used it as a tax loss and averaged down..... But needn't have bothered,
Was probably better off not averaging down and just selling and getting out.

bought into this as FUN , luckily i DIDN'T average down

i probably would sell out if the parcel gets above the brokerage fee ( and i can crystallize the 95% plus loss , for tax purposes )

 

[divs4ever]

with Australian families having less children over the decade and the recent immigration headwinds , this looks like demographics roadkill , crawling towards that final ditch a little further down the road

 

[UMike]

Yea Bought in as FUN.

Market is OK just the Business is floundering due to lack of vision and actions.
Always a way if your good enough and versatile.

About only good for a stock tip in the Monthly tipping Comp.

 

[divs4ever]

sadly TOY is not unique on the ASX ( in it's ability to vapourize share-holder capital , yet remain listed )

lucky for me i started taking notice of population trends , before tipping extra cash into this

this company also has raised two red flags ( for me ) via the share consolidation and the name/ticker code change

BTW i normally tip ( in the comp. ) stocks i hope to buy ( or add extra ) so secretly hope they slide lower during the month/comp ( my yearly tips have been very nice for that strategy except for SIG )

 

[greggles]

TOY ready to turn around after being battered by the market for the last 12 months? Revenue up, gross profit up and $12.5 million in cash as of 31 July. UK launch coming soon.

It was smashed from 18c to around 2c in the last year, but it is now looking like it may have bottomed out.

 

[The Triangle]

TOY ready to turn around after being battered by the market for the last 12 months? Revenue up, gross profit up and $12.5 million in cash as of 31 July. UK launch coming soon.

It was smashed from 18c to around 2c in the last year, but it is now looking like it may have bottomed out.

View attachment 148148

Nearly $11 million of negative operating cashflow vs negative $4 million last year and trade payables vs receivables swung negative $2 million vs last year as well. I question the value of the inventory on the books as toys don't exactly maintain value. Given how the economy is looking I think children of the world should be getting used to a lump of coal and some Aldi & Kmart brand toys this year.

$37 million market cap company burning through cash at a rate of $10 million a year with revenues of $38 million? Hmm. No thank you.

I'd call 0.00 bottomed out. Not there yet. Still some gullible suckers in the market though.