- 8% fully franked div at current price. - great, this will increase significantly next year
- comment by CEO that revenue will grow across the business next year so they must have a strong order book
- US was profitable in the second half - first time.
- Opened new Globe Cabin store in Hong Kong so entry into Asia market.
- As I mentioned in a previous post I think that Salty Crew is a real winner. Added 2% to US sales and only after having it for 6 months. Has over 70 products in Zumiez and Tilleys who both have over 500 stores each. Also going great in Fishing stores and Sporting goods stores. 1000's of these in the US. Also just starting in Aust.
- FXD is in over 5 retailers in U.K. and growing. Huge potential market in U.K. Europe for this great brand. Also looks to be starting in the US.
- Hard to tell how MISFIT and Sample are going but look OK.
I expect sales to grow about 10 to 15mil next year.
GLB Price at posting:
$1.00 Sentiment: Buy Disclosure: Held
