Shriro holding limited (shm.asx)

[Ricky-bobby]

Hi all, any of you had a crack at this one? Pretty solid/consistent div. revenue ticking along year on year... retail picking up around the place... thoughts?

[Ricky-bobby]

So bought in and seems to be ticking along... up to $104.5 today. Results should be out soonish

[swmswm]

Thanks for bringing attention to this company by making this thread. This seems like a solid company with a consistent revenue stream from their exclusive rights to the Casio brand products (school calculators, projectors, POS, watches). They also hold rights to Heston Blumenthal branded Everdure barbecues which are wildly popular and decent products all things considered. With a P/E ratio of only 11.9 there is still plenty of room for the sp to move, especially in the current overpriced market. If the report is favourable this very well will continue to tick along nicely

[DarkHorse]

I came within a whisker of buying a few months ago at about 65c - doh! They are quite cyclical (people don't buy a fancy BBQ etc every day)and big beneficiaries of the covid-inspired home upgrade focus which is putting a lot of such retailers on a low PE atm, so I'd be cautious now they've rerated. (Sour grapes perhaps!^^). The likes of Dusk offer more sustainable growth at a similar multiples imo.

[Ricky-bobby]

Results are out and they are pretty good. Actually better than I thought... positive on all fronts and seem to have good game plans to continue on this path. Had a quick look through the presentation and thought it looked pretty slick! Also like the fact they are making up for the wages deducted in the heat of the battle with COVID. Well let’s see how mr market responds!?

[Ricky-bobby]

Results are out. Down a bit on all fronts, But div is up! Haven’t had a chance to have a good read through yet. But looks like revenue has recovered slightly from what was earlier communicated. Outlook is positive whilst also being conservative with talk of chasing opportunities and growth (always nice to see). Anyone else holding? Thoughts?

[percy]

Results are out. Down a bit on all fronts, But div is up! Haven’t had a chance to have a good read through yet. But looks like revenue has recovered slightly from what was earlier communicated. Outlook is positive whilst also being conservative with talk of chasing opportunities and growth (always nice to see). Anyone else holding? Thoughts?

Yes I hold.Happy with the higher divie.
International revenue continued to grow up 29.4% pcp, however timing
differences relating to supply chain resulted in some revenue falling in to
the second half. US revenue continued to grow by 115.0%.
Strong balance sheet with $69.5M net assets, zero debt, cash of $7.2M.
Shriro intends investigating deployment of this capital to fund its future
strategic initiatives.

[nztx]

Thanks Percy - onboard here too :)

[Ricky-bobby]

Some big movement at board level… making me a little nervous.