tag:blogger.com,1999:blog-7294165939647321702.post5665140139148772842..comments2024-03-28T13:45:43.362-04:00Comments on <center><a href="http://www.barelkarsan.com">Barel Karsan - Value Investing</a></center>: Francesca's HODL'INGS Saj Karsanhttp://www.blogger.com/profile/04493152766022812984noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7294165939647321702.post-62461330327757784252018-01-26T13:17:14.057-05:002018-01-26T13:17:14.057-05:00Seems to me all of the growth came from new store ...Seems to me all of the growth came from new store openings. Declining comps clearly shows competition is taking its toll and I don't see much of a competitive edge that could improve overall margins. You'll probably make money on the trade but clearly a value trap. What is your process for avoiding value traps in deep value situations?Olivier Bernardnoreply@blogger.comtag:blogger.com,1999:blog-7294165939647321702.post-77853540313272448052018-01-19T08:53:26.958-05:002018-01-19T08:53:26.958-05:00A basket approach is always a good way to buy a lo...A basket approach is always a good way to buy a lot of discount with less risk!Franck des daubasseshttp://blog.daubasses.com/noreply@blogger.com