$1.30 aussie. $1.35sp nzd.
$50m +NPAT omg wouldnt that be amazing!
Nice to see the market finally waking up to this great turnaround story. A story that this thread was discussing back when the SP was $0.50cents. Shows the small retail investor can get in and make a buck. Maybe now that fund managers are getting in its time to get out :mellow: look for the next unloved stock. I reckon HMY is it. No way. This still has legs to run!
10 p/e could be fair right now but really doesnt price in the online opportunity for this iconic brand. Depending on how this digital expansion goes and coupled with consistent earnings growth per annum we will see a continued re-rate over the years ahead. BGP trades on 15-16 P/E because of consistent earnings growth.
4.5% dividend yield. Could be double that. What is MHJ going to do with all the cash? Cant keep hoarding it in the bank.