My first thoughts on the results are they look ok. Nothing blown out of the park, but solid.
The lack of increased sales does stand out as a concern. Does these mean we've hit a limit for stores saturation and sales in general? Everyone seems happy with the stocked inventory now and still no increase in sales. So without that, reducing costs, or an acquisition seem to be key to increasing net profits. Obvious risks and limits to those.
My view is that the money in the bank is great, but I think there needs to be some sales increases to show that future growth is possible.
Maybe I havent read enough, or know enough, but thought i'd share my thoughts for discussion.
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Ann: Appendix 4E and Annual Report, page-10
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$6.66 |
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Open | High | Low | Value | Volume |
$6.67 | $6.67 | $6.64 | $765.6K | 114.9K |
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No. | Vol. | Price($) |
---|---|---|
3 | 2217 | $6.65 |
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Price($) | Vol. | No. |
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$6.66 | 17844 | 1 |
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No. | Vol. | Price($) |
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3 | 2217 | 6.650 |
8 | 24253 | 6.640 |
4 | 17170 | 6.630 |
5 | 31177 | 6.620 |
1 | 5000 | 6.610 |
Price($) | Vol. | No. |
---|---|---|
6.660 | 17844 | 1 |
6.670 | 17469 | 3 |
6.680 | 33708 | 3 |
6.690 | 10737 | 4 |
6.700 | 32923 | 5 |
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