Possibly something in Govt's RE Announcement giving the Market a slight does of the Sh*ts .. IMO .. ;)
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I had a look on market screener this evening and the analysts certainly like it but it would appear there are some major upgrades to come through with their updated numbers
https://www.marketscreener.com/quote...364/consensus/
I think we will see broker upgrades early next week.
The thing with the Craigs forecasts is they assume the group just keeps plodding on. Takes no account of likely new initiatives to improve profits, and increase synergy between the various divisions. They have a very good stable of retail offerings, and potential for the sum to be greater than the individual parts. We are already seeing this with the market etc.
Just need management to step up and make some good decisions, as there huge potential there, just needs unlocking
https://www.marketscreener.com/quote...64/financials/ Average broker forecast for the whole of FY21 is $104m and they have just posted a normalized $111m for the first half. I think its clear the analysts will have some major upgrades to their numbers as the balance of this financial year plays out (and they already rate it OUTPERFORM). https://www.marketscreener.com/quote...364/consensus/
Harvey norman at record high $6 on ASX.
Noel leeming is the golden goose for this stock.
Off to the Warehouse to buy some easter eggs, it better be packed full of happy looking customers.