The price has seen decline since the ATH of R30, and moved downwards into the area of consolidation.
My view is that the price range R20 to R22 is a key area of value for the share price, as seen on the 5 year chart the price breaks out from this area, upwards or downwards.
Trading update for Q1 ending 28 June 2025 Mr Price Group’s retail sales increased by 6.3% to R9.0bn and comparable store sales grew by 3.0%.
Outlook currently:
- Trading currently at PE of 15, there is great value to offer.
- Since Q1 results we've seen 1 interest rate cut of 25 basis points, which increases the cash available for spending by consumers.
- As at 31 March 2025 results - MRP has ZERO Long term debt!!
My view is that the price range R20 to R22 is a key area of value for the share price, as seen on the 5 year chart the price breaks out from this area, upwards or downwards.
Trading update for Q1 ending 28 June 2025 Mr Price Group’s retail sales increased by 6.3% to R9.0bn and comparable store sales grew by 3.0%.
Outlook currently:
- Trading currently at PE of 15, there is great value to offer.
- Since Q1 results we've seen 1 interest rate cut of 25 basis points, which increases the cash available for spending by consumers.
- As at 31 March 2025 results - MRP has ZERO Long term debt!!
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.