Nzx50 also returned roughly 9% over last 10 years. Guess SKL has been an average investment. Don’t think it is fair to compare to a completely different asset class, especially without taking into the costs of ownership.
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Nzx50 also returned roughly 9% over last 10 years. Guess SKL has been an average investment. Don’t think it is fair to compare to a completely different asset class, especially without taking into the costs of ownership.
https://www.nzx.com/announcements/322305
Ooooo another very solid result!!!
I had to go back to 'page 7' to find this thread.
odd how this stock doesn't get much love considering its performance in the last few years!
looking forward to your analysis Snoopy! ;)
At a share price of $2.01 with eps of 14.1 cents the PE ratio is 14.25.
Yes...happy holder as well. Seems to be good steady performance in all areas. As well as cost savings in new factory. Nice dividend increase so maybe I can buy some A2 milk for my Meuslei
Be interesting to see how they fare over the next year or three with global trade perhaps being somewhat disrupted.
Red Bands...yep...my wife has a pair...Birthday present.
A very nice result. I'm struggling to find anything I don't like about it - eps up, cash flow up, dps up, debt down, a qualified degree of optimism for the next FY.
Just a note of caution. Every year they have been optimistic about the year ahead. Out of four recent years I think they have been right just once. This company has a very chequered track record when it comes to meeting forecasts. Just because they did it once doesn't mean all credibility is restored and all previous sins and bad profit guidance miss's are forgotten. Anyone thinking the market might accord them anywhere near an average market PE should probably not hold their breath while waiting.Attachment 9859 Five year comparison to the NZX50
Yes we certainly were led up the garden path a few times.
Maybe it is different this time with Elizabeth Coutts as Chair.?
I was tempted on reading the result.