BGR - Briscoes Valuation

[sb9]

FY Results:

https://www.nzx.com/announcements/369213

Net profit $73,199 +17.0%

Final Dividend

Amount per share: $0.13500000
Imputed amount per share: $0.05250000

Record date: 24 March 2021
Payment date: 31 March 2021

Well done Rod and team, great result.

[Beagle]

Augurs well for WHS and HLG's reporting later this month.

[macduffy]

Well done Rod and team, great result.

Agree completely. And met/exceeded the expectations of this hard-to-please market!



Disc: Hold a few - wish it were more.

[macduffy]

Deleted - duplicate.

[LaserEyeKiwi]

Is the total annual dividend of 28.5c likely to be replicated in the next financial year as well?

[sb9]

Agree completely. And met/exceeded the expectations of this hard-to-please market!



Disc: Hold a few - wish it were more.

Always had on my watchlist around mid $3 mark, somehow never got around to getting them.

Well managed company under Rod's leadership.

[nztx]

Is the total annual dividend of 28.5c likely to be replicated in the next financial year as well?

the 6.0 cps Special in Jan - I'm notionally regarding as March 2020 Div

so 22.5 cps normalised IMO for 2020/21 year

Best estimate here 23.0 cps 2021/22 maybe 0.50 ontop


Discl: Holder - but wished had more onboard

[nztx]

Always had on my watchlist around mid $3 mark, somehow never got around to getting them.

Well managed company under Rod's leadership.

Agreed - heading out of C-19 - was deep under water with these for many months

Similarly had all good intentions of adding further .. but alas ..

[winner69]

Truly remarkable result - sales up 7% and profit up 35% (adjusting for no KMD dividend etc) - and achieved without benefiting from wage subsidies

Pity HLG couldn't get anyway near this type of performance in first half year.

Well done Rod

[bull....]

duke da man results reflecting other retailer results this season. bodes well for whs i think too