Garage is one of the best and highest margin businesses they...

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allaussie

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11/01/17

20:13

Post #: 21830684
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Originally posted by AC87 ↑

I think all the discounting was done well prior to November. It was just fringe sales of older stock, nothing like Jan to June.

I watch their sites very actively and monitor stock in multiple categories as well as comparing proces with other retailers.

They need to do something with Garage because as it stands I can't see much synergy happening there.

The site itself needs a shakeup and I needs to option to rent premium new release surf films that they can't include in their subscription model.

I also don't know how magic seaweed is doing because it's hard to track it's audience and I have no idea how the updated up is going or how popular the pro subscription is going.

I do know that amateur forecasting is increasingly popular and general knowledge about meteorology/oceanography in relation to waves is very high in the community these days.

I'm in Melbourne and swellnet has observers on all the break near me so I don't use MSW unless I'm on a surf trip then it's my go to for forecasts.

Stabs content had been really good the last 6 months and is frequently talked about on podcasts like the surfline podcast etc which means I'm not the only one taking note.

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Garage is one of the best and highest margin businesses they own. There is already an option for single rental of new release films

SRF Price at posting: 18.5¢ Sentiment: Buy Disclosure: Held
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Garage is one of the best and highest margin businesses they...

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