Through $1.50 and $1.60 effortlessly.
Next stop, $1.70!
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And back to $1.33
Ouch.
Been here before. Those liners and gumboots are still wearing out, and a $3m decline in profit is not that bad.
Very difficult dailing into a head wind.
I hold and will continue holding.Strong balance sheet with little debt,but SKL will take a year or two to start performing again.Then I will be "well positioned for the upturn." lol.
article in the press ...
http://www.stuff.co.nz/business/indu...dailyheadlines
Forsyth Barr downgraded from accumulate to hold with good long term prospects. I'd think they still might have another good year (or two) ahead, as long as dairying performs as expected, but SP probably not too much growing for some time to come.
discl: still holding
I sold out a few weeks ago as I thought the share price had got ahead of itself,PE 17.93 and dividend yield of 4.52%,and I did not see a lot of earnings growth over the next year or two..
Been surprised at the SP strength since I sold,but it is a very good business.
Half year results are out and looking good: https://www.nzx.com/files/attachments/189618.pdf
slightly increased revenue (+2%), nicely increased NPAT (and EPS): +14%; anticipating stronger second half :t_up:; dividend upgrade.
discl: holding and quite pleased :) about that
Yeah looks good. Interesting to see what the result would look like with a weaker dollar...
A very good result with a very positive out-look.
Surprised me.
Well done.
Yes, I was quite impressed - not holding any more, but sort of wish I was. Glad to see them on the move (makes NPX look even duller!).
Sold result again. Keep the faithful followers happy no doubt
Love their enthusiasm with this exceptional bit but in reality trading was a bit more subdued. Is this insurance 'profit' the capex for their we plant?
Reported net profit after tax (NPAT) was an exceptional $41.1 million, up 116% from the $19.0 million reported a year earlier. However the result was positively impacted by a $20.4 gain from settlement of the Canterbury earthquakes insurance claim
You know the country is doing well when gumboot sales are on the rise
What's a pair of Bandals look like? New product