MHJ - Michael Hill International.

[winner69]

Shareclarity DCF values are usually so pessimistic …like They just revised SUM up to $8.72

Jeez their MHJ DCF is A$1.37 …about NZ$1.50

That’s some endorsement

[Rawz]

I have found after each positive update the SP sits for a couple of days before it grinds back up

Look at the aussie's asleep at the wheel ?

[Waltzing]

Its only MHJ... ASX is a big market..

Its a great result far beyond expectations for this once beleaguered little bling outfit...

very exciting result though ..

lot of focus these days on metals since some source may be limited by sanctions.

since it now more efficient it could beat 1.70 now as the market priced it there back in 2016.

Image another year of the same performance.. Staggering increase in CASH. $$$$$$

[Halebop]

I couldn’t quite understand the recent sell off. This announcement was predictable. Like for like sales includes trading days which is why that is up 4.8% vs overall 11% increase I.e. there are more trading days hence the 11% increase but like for like ignored more trading days. This will be a driver on net margins, gross margin expansion is an extra gift.

[Waltzing]

Market probably not believing the performance could continue.

But the EBIT as FM has mentioned really showed in 21 just how well they were performing.

Appear they still are!!!

[Waltzing]

bit of a stand off today in MHJ trading.

centing to the up side.

133.

no rush in the inflation world to buy jewellers shares it appears.

[Waltzing]

Friday 22, MHJ over 120,000 vol.

Nice support.

[LaserEyeKiwi]

Canadian Feb retail sales released: “Jewelry, luggage & leather goods” category up 17% year on year.

(they also gave an uncommon early preview of March data - which presently indicates annual retail sales growth continues)

for context, MHJ has already released its trading update for this period, and there revenue in Canada was up 42% in Q1.

[Rawz]

Canadian Feb retail sales released: “Jewelry, luggage & leather goods” category up 17% year on year.

(they also gave an uncommon early preview of March data - which presently indicates annual retail sales growth continues)

for context, MHJ has already released its trading update for this period, and there revenue in Canada was up 42% in Q1.

MHJ really cheap aye LEK

20% of their market cap is probably cash now

[winner69]

Canadian Feb retail sales released: “Jewelry, luggage & leather goods” category up 17% year on year.

(they also gave an uncommon early preview of March data - which presently indicates annual retail sales growth continues)

for context, MHJ has already released its trading update for this period, and there revenue in Canada was up 42% in Q1.

Huge market share gains by looks of it .... amazing

Could see more than A$200m out of Canada in F23 .... massive growth

Buoyant market and big market share gains ....what a combo