Good to see overall sales up in the forecast. Any GM improvement will come from lower product costs from suppliers with the promised step down in supply chain costs coming in Fy’22. Hopefully the consumer is back by then. Fy22 is an election year so watch the federal government loosening the purse strings to stimulate activity.
I agree the dividend is a good one especially if you can utilise franking credits.
ADH Price at posting:
$1.81 Sentiment: Buy Disclosure: Held
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