If the H121 free cash flow of $90m is any indication of things going forward then it is really transformational - compared to the past
Even if there were some 'timing differences' and the full year is closer to $70m than $90m its the best position they have been in for years, maybe ever
If things have really changed for the good you'd expect dividends of around 18 cents
I guess in those years are the Tax issue with IRD and the money spent on leaving the U.S market.
Two analysts, Guy Hooper at Forsyth Barr and Lily Zhuang at Jarden, reiterated their respective "outperform" and "buy" recommendations after the company's trading update.
They rave about 8 quarters of growth, margin expansion etc etc and use words like robust
Good stuff eh
C’mon guys ……you are charged with getting share price through the $1 mark
Last edited by winner69; 20-07-2021 at 08:20 AM.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
I have enough money in retail with my preferred retailers WHS and HLG. I added more to WHS this week and if I wanted to allocate more capital to this sector I'd add even more to WHS or HLG.
I find it impossible to overlook or forget MHJ's shocking track record before Covid hit.
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
Bookmarks