NCK 0.19% $16.10 nick scali limited

Upgraded earnings again!

  1. HSP
    5,051 Posts.
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    Upgraded earnings again!
    After many earnings were upgraded, eg
    upgraded on 14/2/17
    upgraded on 24/11/16
    upgraded on 11/8/16
    upgraded on 13/5/16
    upgraded on 29/10/15
    upgraded on 11/2/15
    ............
    imo,
    The guidance of NPAT was the range of $36m- $37m
    market expectation roughly = $34m
    The guidance was 7% better than market expectation
    I do not think Amazon would sell big items like NCK' products

    any retracement would be buying oppotunity
 
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