Well said SB. The management is just 1 person Rod the great and he owns how much, 70%?? Also, he did not fire even a single employee during Covid. Profits will flow through as dividends. No debt. Institutions will not be interested in Briscoes and a good stock for us retail investors..
harvey norman has a share holding in briscoes of 2 - 3% and ACC has a holding. small though.
im thinking they could do 20c divs/yr means a healthy 5% yield grossed up to 7% odd
Heard Rod on the radio with HDPA yesterday afternoon saying second half sales had already started red hot and H2 could be one of the best half years on record. Not sure if this is usual language for Rod, but thought it was quite interesting.
Heard Rod on the radio with HDPA yesterday afternoon saying second half sales had already started red hot and H2 could be one of the best half years on record. Not sure if this is usual language for Rod, but thought it was quite interesting.
Heard Rod on the radio with HDPA yesterday afternoon saying second half sales had already started red hot and H2 could be one of the best half years on record. Not sure if this is usual language for Rod, but thought it was quite interesting.
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