The Children's Place, Inc. PLCE

Book value of the equity will be ~ negative $20-30 million end of the year. This does not include the value of the main brands.
The value of the brands is easily $300 million!
This is why even in worst case scenario the value of the company in minimum 20$ a share.

Imagine 2025:
Sales 1.7B$
GM 35%
EBITDA 10% or $170 million.
Market cap 7.5 times EBITDA minus $200 million debt is 1.075B$ market cap or 86$ a share. This is doable just need to focus on good collection, buy at right price and execute.

We will see correction today. Minimum plus 10%.

Looks like some analysts have waked up. Sentiment is changing from sell to neutral…
We will see big correction today.
Tomorrow the ER will give us more insights re Q1 and 2024.

Reversal will be very aggressive. ST trading is short players when the buyers get back it will be a slaughter for the shorties.

Added 3K yesterday now fully loaded with 53K shares.
We will be laughing a year from now that we did not buy more…

No liquidity issues, new strong shareholders 1.7B$ business with potential to get back on track within 9-12 months traded at 100$ million market cap…

Look at the fundamentals - $1.7 million kids apparel business. It is a good business to be if you have good management it is normal to get to 10% EBITDA.
The new shareholders are supporting now they just need to execute. No liquidity issues.
1.7B$ sales traded at $100 million this is a huge opportunity. Good management can lead a business turnaround within 9-12 months. I have been there and did that…

Class action is ridiculous - “they should have known that inventory had lots of MD before they released Q4 ER… “ - it is a joke. In the apparel industry things like that happen all the time this is why you need good management. You can not sue people for making mistake in inventory management…

With the right management this will achieve 1.7B$ sales with 10% EBITDA in 2025. This is 70-80$ per share in 2 years. Saudis are not stupid they know they can monetize the potential!