sharetrader
Page 72 of 242 FirstFirst ... 226268697071727374757682122172 ... LastLast
Results 711 to 720 of 2416
  1. #711
    Member
    Join Date
    Oct 2017
    Location
    Wellington
    Posts
    245

    Default

    Quote Originally Posted by Lease View Post
    Operating profit margin now close to 10%, and last year it was only 3.7%. Now MHJ is at net cash position. Impressed.
    Yes that was a surprise!.

  2. #712
    Guru
    Join Date
    Jul 2002
    Location
    New Zealand.
    Posts
    4,411

    Default

    MHJ getting slaughtered with the covid bottom atm is .23 now @ .25, retail is not a good business model .

  3. #713
    Member
    Join Date
    Oct 2017
    Location
    Wellington
    Posts
    245

    Default

    Quote Originally Posted by whatsup View Post
    MHJ getting slaughtered with the covid bottom atm is .23 now @ .25, retail is not a good business model .
    I think is not the only one, if you look around most of the business are suffering.

  4. #714
    Guru
    Join Date
    Jul 2002
    Location
    New Zealand.
    Posts
    4,411

    Default

    Quote Originally Posted by MauroNZ View Post
    I think is not the only one, if you look around most of the business are suffering.
    Agree, but this heading is for MHJ.

  5. #715
    Member
    Join Date
    Aug 2000
    Location
    Lower Hutt,NZ
    Posts
    226

    Default

    Quote Originally Posted by whatsup View Post
    Agree, but this heading is for MHJ.
    ACC picked up some cheap shares and increased it's holding

  6. #716
    Member
    Join Date
    Mar 2013
    Posts
    358

    Default

    Quote Originally Posted by whatsup View Post
    Agree, but this heading is for MHJ.
    MHJ is at net cash position and now defer to pay interim dividend. With government subsidy, MHJ should be able to go through if Covid-19 can pass at next a few months.

    Probably a buying opportunity as now SP/NTA=0.57. Normally the ratio is >1

  7. #717
    Guru
    Join Date
    Jul 2004
    Location
    Bolivia.
    Posts
    4,854

    Default

    Quote Originally Posted by Lease View Post
    MHJ is at net cash position and now defer to pay interim dividend. With government subsidy, MHJ should be able to go through if Covid-19 can pass at next a few months.

    Probably a buying opportunity as now SP/NTA=0.57. Normally the ratio is >1
    At this time it probably shouldn't be Net Tangible Assets, but Net Realisable Assets.

    Although don't expect will get to that stage.

  8. #718
    Guru
    Join Date
    Apr 2003
    Location
    Wellington, New Zealand
    Posts
    4,876

    Default

    Quote Originally Posted by Sideshow Bob View Post
    At this time it probably shouldn't be Net Tangible Assets, but Net Realisable Assets.

    Although don't expect will get to that stage.
    Ahem cough... shouldn't it always be Net Realisable Assets? and never NTA? I find NTA to be an accounting construct that is mostly unhelpful.

  9. #719
    Senior Member
    Join Date
    Aug 2015
    Posts
    565

    Default

    Deep value play here anyone?

  10. #720
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    17,221

    Default

    This is the Michael Hill thread.
    Please delete the other one Timesurfer,or post your posts here.
    Last edited by percy; 15-05-2020 at 10:32 AM.

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •