GLB 6.90% $2.70 globe international limited

Ann: COMPANY ANNOUNCEMENT - HALF YEAR RESULTS DEC, page-2

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    re: Ann: COMPANY ANNOUNCEMENT - HALF YEAR RES... Looks like some great revenue growth in Australasia and Europe partly offset by poor US sales. Interested to see how Globe brand apparel and Chapter go in the next half. FXD and Stussy are real winners in Aust, see them everywear now. The decline in dwindle distribution in USA is disappointing but that should be the worst of it. Strong balance sheet as well with growing cash balance and no debt. Expect a 5 to 7 cent diviend and full year. Looks like things are turning for GLB at last.
 
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