Looking good
https://i.imgur.com/2i5K930.png
Printable View
Looking good
https://i.imgur.com/2i5K930.png
Looking good
https://i.imgur.com/2i5K930.png
OMG - profit of $200m this year
Truly remarkable
They've never ever broken $100m before and you talking $200m -you not on some funny stuff are you?
Highest profit since 2006 has been $97m and that was way way back in 2007 (may have beaten that last century but my numbers don't go back that far)
What a turnaround - or is just transformational
I forgot to factor in stronger tailwinds with currency in the second half and less overhead this half with hundreds of staff made redundant in the previous half. https://www.nzherald.co.nz/northern-...PUBEAJOUVWFSE/
the hundreds of staff made redundant likely saves 25m to 30 mil each year i reckon. probably be more savings over time if the roll out of stationary as lease expires happen into red barns proves a successful model. that save on lease costs as well in time. 200m npat might become the norm with all these savings
Share price marching towards 4 bucks
Sooner than later I reckon
Worst annual decline in GDP ever they said the other day and country probably in recession and will take a few years to get back to pre-Covid levels
Just as well Warehouse is seen as recession proof