https://www.stuff.co.nz/business/126...cid=app-iPhone
Govt forcing landlords to give fair concessions on rent should be a real tailwind for all retailers.
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https://www.stuff.co.nz/business/126...cid=app-iPhone
Govt forcing landlords to give fair concessions on rent should be a real tailwind for all retailers.
Well scenario 1 has essentially played out. We did see a break of resistance with zero follow through which gave up a small caution flag, however daily RSI was already approaching overbought so the potential for this was reasonably high. Instead we had a pullback to set a new weekly higher low, allowing daily RSI to cool off to set up for this break. This formation provides a firmer base for a run.
Short term price target is $4.50ish. However, we have just consolidated for 6 months in a monthly bull flag formation, so the potential for a much larger run over the next few months is a high likelihood. Pull up a monthly chart and look back to 2000 and you'll see very rapid runs into the $6-$7 region. Of course this may not happen, but history shows big money can be made and lost very quickly on retail stocks (knowing when to sell is just as important as knowing when to buy).
We were pretty close with our $175m adjusted earnings
Does one round up or down $175.5m
Can't complain
well done whs
beat on npat of 175 and 30cps full year divs puts it on 10% gross yield ( i didnt include the special div of 5c as it was a one off) so there is potential for increased regular divs going forward if you apply there 70% of npat formual
wow pretty good compared to the bank.
A 24.3cps gross dividend... looks a bit ridiculous (in a good way) given the low rate environment :t_up:
warehouse hasnt even applied for the wage subsidy for the current lockdown , they say cash position is strong we dont need it. wonder if HLG is doing the same?