Out of curiosity I googled James Pascoe and was surprised to learn on the Wikipedia link just how massive this coy is. Having trouble posting the link but easy to find.
A shocker of a result cemented by the lowering of the dividend to 16c for the full yr, infact the interim div has been on a decline for 3 yrs now not a good sign also the metrics now like pe, eps all make whs look extremely expensive compared to others say like Briscoe.
wonder if the nomans will be supporting the price again - get it anyway maybe a coffee with rod ddukes might help
whs market probably wont collapse yes telegraphed and normans are supporting price but you are paying expensive price based on current metrics and remember sales look like they only going up because they discounting so you get more sales so no profit because of this and there costs are going up across the board so enjoy your expensive div why it last
A shocker as expected. Yes its already factored in, but will still see some price pressure
Recent trend has seen flling price, inreupted by buying from Norman sending it higher, before drifting again
Let it drift then buy low and wait is the plan
Originally Posted by kiwitrev
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