JBH 1.57% $57.44 jb hi-fi limited

It may be growing, but how much of that growth was because of...

  1. 878 Posts.
    lightbulb Created with Sketch. 55

    It may be growing, but how much of that growth was because of the floods in feb/mar
    if you strip out this one off demand, it would not be near 11% IMO

    Confidence is also low and will be lower with the hike in interest rates and petrol prices

    We are just about to see the higher prices with lower AUD, huge container costs and shipping price rises

    Supply issues which are really starting to bite deeper for australian manufactures, I know this is a world
    wide problem and will not be fixed anytime soon

    I dont think the consumer here is as strong as you think, I have been into the good guys here twice
    lately and both times there were a lot more staff in the store than customers

    I am not normally a shorter, but have been looking at shorting this because of what I see happening
    in the economy, luckily I was not at work this morning so I managed to see the Update and get a short
    on at open...I think we could see mid $40 this month, but who knows....winter is coming



    cheers grant








 
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