Everything has always been in good order at Redi, and many other Tokmanni stores in the capital region should take a cue from this. Redi has such a huge retail space and really expensive rents, so sales really need to be strong. In Sello in Espoo, there have always been plenty of customers whenever I’ve visited, and in July, the parking lots in Hanko and Tammisaari were always completely full.
Somehow, based on these experiences and generally, it would seem that Q3 sales might have performed well, perhaps even better than last year. My biggest fear was directed at Dollarstore, and even that performed better than my own expectations in Q2.
And just like that, Tokka (Tokmanni) rose to become the largest position in my Finnish portfolio. I ended up scooping up much more from the 8.4 - 8.7 levels than originally intended. Due to this, I was somewhat forced to sell off a part already. Short-term profit takers and short sellers won’t let the share price rise, even though own shares are being bought every day. At least that’s my own guess about the matter. We’ll see where the price ultimately settles.
Thanks for the good discussion in the thread. This is my second message to the entire Inderes forum. The first one was a moment ago, and that one was also in this thread. Where else would it be?