Disappointed no mention of how successful or otherwise the mystery shopper initiative went ...seemed to be key to getting some sales momentum going
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Disappointed no mention of how successful or otherwise the mystery shopper initiative went ...seemed to be key to getting some sales momentum going
Late to the party, just read the report. Great results and slow and steady as she goes.... plan to add during the lows
Thats the way.
I always ask myself what the shareprice be like in a few years time.There will be a range and if you believe the risk of fall is outweighed by the likely gain then buy.You also have to factor in the dividends-as long as they are higher than bank deposit rates then it is a wise decision to invest
Funny when you look back a year ago... for example the above (posted 364 days ago) and when winner pointed out to me (around the same time) how gearing went down at 1H18 (vs 1H17)... well since then a lot has changed, for example:
- mid 2019 sum were saying we were gonna see a $9.50 share price (give or take $4 I suppose?)
- 600 unit build rate is looking ever more dangerous (given they have shown they can't actually sell the things fast enough to warrant an increase in build rate!)
- the 8 year CAGR has dropped nearly 10% (in only 1 year!)... I remember specifically saying I think this 45% or so CAGR is highly unsustainable (while others use to trumpet it from the rooftops)
- current underlying earnings growth for full year is looking to be about only a third of what sum were saying it would be
- gearing is now back up (ahead of both 1H18 and 1H17)... I reckon in a year or two CAGR Interest bearing loans and borrowings 'growth' of 28% could be higher than Underlying profit CAGR
- share price is down exactly $2 since then (364 days ago) as well
- ... and they seem to be getting keener on Aussie
in fact everything this year is almost the total opposite to this time last year eh
Maybe sum peoples sum's weren't that bad after all?
Plenty of subsequent posts saying I'd revised my estimates. Thank goodness for the ignore list.
trader Jackson you do seem to have a habbit if using people's prior posts against them from time to time, I remember a couple of yrs or so ago you gathered several of mine(You must have a lot of spare time to run back through yrs of posts) and put them all together in one post and used them in a like manner, not very cool IMO. PS-People post in real time and call it as they see it at that time.