Very good....well managed company..good cash flow..zero bank debts...great!
I was impressed that they managed to get the NPAT up by cutting down all the administrative expenses when margins were impacted by all the external factors. Great management.
Huge mistake in the interim report. Needs more pictures
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
You like looking at the guys in their tight T-shirts do you?
LOL that wasn't quite what I had in mind but we have to be all inclusive there days, haven't you heard
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Next dividend in 8 months...December. When sp comes back will definitely jump back in like a rat up a drain pipe. About 35 weeks is not too long, but prefer to hold after the Dec div. only about a 16 week wait for April div .
I was impressed that they managed to get the NPAT up by cutting down all the administrative expenses when margins were impacted by all the external factors. Great management.
Excluding Storm from prior period NPAT was DOWN with Glassons Australia really underperforming
Question — are these much touted savings in administration real and if so are they sustainable.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Excluding Storm from prior period NPAT was DOWN with Glassons Australia really underperforming
Question — are these much touted savings in administration real and if so are they sustainable.
I think point 1 has been discussed at great length already. Briefly recapping I think they did very well in a more challenging environment of a materially lower exchange rate and consumer confidence.
Why wouldn't admin savings be enduring ?
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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Originally Posted by thestg
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